Manulife Financial Corporation (MFC)
Market Cap | 44.53B |
Revenue (ttm) | 25.32B |
Net Income (ttm) | 3.61B |
Shares Out | 1.81B |
EPS (ttm) | 1.93 |
PE Ratio | 12.96 |
Forward PE | 6.70 |
Dividend | $1.18 (4.74%) |
Ex-Dividend Date | Feb 27, 2024 |
Volume | 2,791,571 |
Open | 24.67 |
Previous Close | 24.66 |
Day's Range | 24.64 - 25.14 |
52-Week Range | 17.07 - 25.14 |
Beta | 1.10 |
Analysts | Buy |
Price Target | 34.00 (+36.05%) |
Earnings Date | May 8, 2024 |
About MFC
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent secu... [Read more]
Analyst Forecast
According to 2 analysts, the average rating for MFC stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 36.05% from the latest price.
News
Manulife's Franklin: Investors should factor geopolitical risks, including India-China border
Manulife's Marc Franklin says that investors are “not comfortable with the status quo” and would likely lead to “coordinated pressure” in the markets. He discusses with Haslinda Amin on Bloomberg Mark...
Manulife's Management Information Circular and Annual Report Now Available
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 22, 2024 /PRNewswire/ - Manulife's Management Information Circular and 2023 Annual...
Manulife announces additions to its Board of Directors
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 5, 2024 /PRNewswire/ - Manulife announced today that Mike Durland and Don Kanak have been appointed to its Board of Directors, effective March 5, 2024, ...
Manulife Investment Management Announces Close of $752 Million Manulife Capital Partners VII, L.P.
US$ unless otherwise stated BOSTON , March 5, 2024 /PRNewswire/ - Manulife Investment Management announced today the final close of Manulife Capital Partners VII, ...
Manulife to host Investor Day in Asia
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 29, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") is hosting an Investor Day event in Hong Kong and Jakarta from June 25 to 27, 2024. The e...
Global Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan Business
NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today annou...
Manulife Closes Milestone Reinsurance Transaction with Global Atlantic
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 22, 2024 /PRNewswire/ - February 22, 2024 – Manulife announced...
Manulife announces Subordinated Debenture issue
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Feb. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") announced today that it intends...
Manulife announces Normal Course Issuer Bid
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has re...
Manulife files 2023 Audited Annual Financial Statements and Related MD&A
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife Financial Corporation has filed its 2023 audited annual financial st...
Manulife declares preferred share dividends
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends...
Manulife increases common shareholders' dividend by 9.6%
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife's Board of Directors today announced an increase of 9.6% or 3.5...
Manulife Reports Full Year and Fourth Quarter 2023 Results
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife Financial Corporat...
Manulife Investment Management Names Anne Valentine Andrews as Global Head of Private Markets
Global asset management and alternatives investing leader to join world's largest natural capital investment manager March 4 TORONTO , Feb. 6, 2024 /PRNewswire/ - Manulife Investment Management (Manu...
Spearmint Energy Secures $47.5 Million Project Finance Term Loan from Manulife for Battery Energy Storage Project in ERCOT
MIAMI--(BUSINESS WIRE)--Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced...
Canada's Manulife changes policy on pharmacy prescriptions after backlash
Manulife Financial Corp on Monday rolled back a policy that will allow Canadians to fill their specialty medication prescriptions at any pharmacy, following a backlash after the insurer signed an excl...
Manulife to Release Fourth Quarter and Full Year 2023 Financial Results
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Jan. 31, 2024 /PRNewswire/ - Manulife Financial Corpo...
Manulife partners with Aeroplan to boost digital health footprint
Canadian insurance giant Manulife Financial has entered into a multi-year partnership with travel loyalty program Aeroplan as it looks to bolster demand for its new healthcare initiative it is plannin...
Economic slowdown expected in 2024: Manulife Investment Management's Nate Thooft
Nathan Thooft, Manulife Investment Management senior portfolio manager and global CIO, joins 'The Exchange' to discuss the odds of a 2024 recession, outlook for U.S. equities, and more.
Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture
Milestone report shares the firm's commitments to a nature-positive future TORONTO , Jan. 18, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced it has published its inaugural ...
Manulife Named to 2024 Corporate Knights Global 100
Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments DAVOS, Switzerland , Jan. 17, 2024 /PRNewswire/ - Manulife (TSX: MFC) has been...
Manulife Announces New Global Longevity Innovation Challenge, in Partnership with the World Economic Forum's UpLink
Multi-year partnership will source global start-ups working to shape the future of longevity innovation and build an enabling ecosystem to accelerate their growth DAVOS, Switzerland , Jan. 17, 2024 /P...
Manulife named to 2023 Dow Jones Sustainability North America Index
TORONTO , Dec. 13, 2023 /PRNewswire/ - Manulife today announced its appointment to the Dow Jones Sustainability North America Index (DJSI North America) ranking in the 93rd percentile of its GICS® Ind...
Global Atlantic Announces $10 Billion Block Reinsurance Agreement with Manulife Across Both US and Japan Business
NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today annou...
Manulife to buy back $1.2B in stock as part of $13B reinsurance deal with Global Atlantic
Manulife Financial Corp. MFC, +0.45% said Monday it agreed to have Global Atlantic reinsure $13 billion of its reserves across four legacy/low return-on-equity blocks. The company plans to buy back $1...