Manulife Financial Corporation (MFC)
NYSE: MFC · Real-Time Price · USD
30.21
+0.45 (1.51%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Manulife Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Manulife Financial stock have an average target of 45.5, with a low estimate of 40 and a high estimate of 51. The average target predicts an increase of 50.61% from the current stock price of 30.21.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 21, 2025.
Analyst Ratings
The average analyst rating for Manulife Financial stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $49 → $51 | Buy | Maintains | $49 → $51 | +68.82% | Feb 21, 2025 |
| TD Securities | TD Securities | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +32.41% | Jun 28, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $31 → $35 | Hold → Buy | Upgrades | $31 → $35 | +15.86% | Feb 15, 2024 |
| Barclays | Barclays | Buy Maintains $31 → $33 | Buy | Maintains | $31 → $33 | +9.24% | Aug 11, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $26 → $28 | Hold | Maintains | $26 → $28 | -7.32% | Feb 17, 2023 |
Financial Forecast
Revenue This Year
42.52B
from 29.99B
Increased by 41.78%
Revenue Next Year
45.73B
from 42.52B
Increased by 7.54%
EPS This Year
4.18
from 2.84
Increased by 47.08%
EPS Next Year
4.57
from 4.18
Increased by 9.50%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 44.2B | 47.5B | 50.0B | ||
| Avg | 42.5B | 45.7B | 48.1B | ||
| Low | 41.3B | 44.4B | 46.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 47.4% | 11.8% | 9.2% | ||
| Avg | 41.8% | 7.5% | 5.1% | ||
| Low | 37.6% | 4.3% | 2.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.50 | 5.04 | 4.98 | ||
| Avg | 4.18 | 4.57 | 4.72 | ||
| Low | 3.82 | 4.12 | 4.52 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 58.6% | 20.7% | 8.8% | ||
| Avg | 47.1% | 9.5% | 3.2% | ||
| Low | 34.6% | -1.5% | -1.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.