Manulife Financial Co. (TSE:MFC – Free Report) (NYSE:MFC) – Stock analysts at National Bank Financial issued their Q1 2025 EPS estimates for shares of Manulife Financial in a research note issued to investors on Wednesday, February 19th. National Bank Financial analyst G. Dechaine forecasts that the financial services provider will post earnings of $1.04 per share for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share. National Bank Financial also issued estimates for Manulife Financial’s Q2 2025 earnings at $1.02 EPS and Q4 2025 earnings at $1.08 EPS.
MFC has been the topic of a number of other research reports. Barclays boosted their price objective on Manulife Financial from C$40.00 to C$47.00 in a research note on Monday, January 6th. Jefferies Financial Group increased their price target on shares of Manulife Financial from C$50.00 to C$51.00 in a research note on Thursday, January 30th. Scotiabank raised their price target on shares of Manulife Financial from C$48.00 to C$49.00 in a report on Friday, November 8th. Cormark upped their price objective on Manulife Financial from C$47.00 to C$48.00 in a report on Thursday, November 21st. Finally, TD Securities raised their target price on Manulife Financial from C$48.00 to C$49.00 and gave the stock a “buy” rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Manulife Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of C$45.50.
Manulife Financial Stock Up 6.7 %
Shares of TSE MFC opened at C$45.14 on Friday. The firm has a 50-day simple moving average of C$43.53 and a 200-day simple moving average of C$41.52. The stock has a market capitalization of C$79.18 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 1.01 and a beta of 1.06. Manulife Financial has a 52 week low of C$31.24 and a 52 week high of C$46.42.
Insider Buying and Selling at Manulife Financial
In other news, Director Anthony Alex Silva sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$45.22, for a total transaction of C$45,218.70. Also, Director Kenneth Michael Ross sold 4,243 shares of Manulife Financial stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$45.80, for a total value of C$194,315.82. Insiders sold a total of 62,307 shares of company stock valued at $2,796,173 in the last three months. 0.03% of the stock is owned by corporate insiders.
Manulife Financial Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.90%. This is a boost from Manulife Financial’s previous quarterly dividend of $0.40. Manulife Financial’s dividend payout ratio (DPR) is 49.79%.
Manulife Financial Company Profile
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.
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