Manulife Financial Corporation (MFC)
NYSE: MFC · Real-Time Price · USD
30.65
-0.19 (-0.62%)
Dec 27, 2024, 2:01 PM EST - Market open
Manulife Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Manulife Financial stock have an average target of 37.5, with a low estimate of 35 and a high estimate of 40. The average target predicts an increase of 22.35% from the current stock price of 30.65.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 28, 2024.
Analyst Ratings
The average analyst rating for MFC 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 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 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Securities | TD Securities | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +30.51% | Jun 28, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $31 → $35 | Hold → Buy | Upgrades | $31 → $35 | +14.19% | Feb 15, 2024 |
| Barclays | Barclays | Buy Maintains $31 → $33 | Buy | Maintains | $31 → $33 | +7.67% | Aug 11, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $26 → $28 | Hold | Maintains | $26 → $28 | -8.65% | Feb 17, 2023 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jul 27, 2022 |
Financial Forecast
Revenue This Year
36.95B
Revenue Next Year
40.57B
from 36.95B
Increased by 9.81%
EPS This Year
3.82
from 2.61
Increased by 46.51%
EPS Next Year
4.12
from 3.82
Increased by 7.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.4B | 42.2B | 44.0B | ||
| Avg | 36.9B | 40.6B | 42.3B | ||
| Low | 35.8B | 39.4B | 41.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 14.2% | 8.4% | ||
| Avg | - | 9.8% | 4.2% | ||
| Low | - | 6.5% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.02 | 4.52 | 4.94 | ||
| Avg | 3.82 | 4.12 | 4.47 | ||
| Low | 3.68 | 3.71 | 4.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.1% | 18.1% | 19.7% | ||
| Avg | 46.5% | 7.8% | 8.4% | ||
| Low | 40.8% | -2.9% | -2.5% |
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.