Manulife Financial Co. (NYSE:MFC – Free Report) (TSE:MFC) – Analysts at National Bank Financial issued their FY2026 earnings estimates for shares of Manulife Financial in a research note issued on Tuesday, January 14th. National Bank Financial analyst G. Dechaine forecasts that the financial services provider will post earnings of $3.22 per share for the year. The consensus estimate for Manulife Financial’s current full-year earnings is $2.71 per share.
Manulife Financial Price Performance
Shares of NYSE:MFC opened at $30.68 on Thursday. The business’s 50-day moving average is $31.38 and its 200 day moving average is $29.04. Manulife Financial has a 1 year low of $20.78 and a 1 year high of $33.07. The firm has a market capitalization of $53.04 billion, a P/E ratio of 14.82, a P/E/G ratio of 1.01 and a beta of 1.09.
Institutional Trading of Manulife Financial
A number of institutional investors have recently bought and sold shares of the stock. West Financial Advisors LLC purchased a new position in shares of Manulife Financial in the third quarter worth $26,000. Brooklyn Investment Group acquired a new stake in Manulife Financial during the 3rd quarter worth about $26,000. Capital Performance Advisors LLP purchased a new stake in Manulife Financial during the 3rd quarter valued at about $30,000. Fortitude Family Office LLC acquired a new position in shares of Manulife Financial in the third quarter valued at about $31,000. Finally, Tsfg LLC increased its holdings in shares of Manulife Financial by 103.8% in the third quarter. Tsfg LLC now owns 1,404 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 715 shares during the period. 52.56% of the stock is currently owned by institutional investors and hedge funds.
Manulife Financial Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 20th were given a $0.296 dividend. This is a positive change from Manulife Financial’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Wednesday, November 20th. Manulife Financial’s dividend payout ratio (DPR) is presently 59.42%.
About Manulife Financial
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 securities brokerage firms and financial advisors pension plan consultants, and banks.
Featured Articles
- Five stocks we like better than Manulife Financial
- What is Short Interest? How to Use It
- D-Wave’s Stock Springs Back in the Quantum Computing Race
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- 2 Top ETFs to Profit From the Natural Gas Price Surge
- Are Penny Stocks a Good Fit for Your Portfolio?
- Penny Stock BranchOut Food: Why It Won’t Stay Cheap for Long
Receive News & Ratings for Manulife Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manulife Financial and related companies with MarketBeat.com's FREE daily email newsletter.