Manulife Financial Co. (NYSE:MFC – Free Report) (TSE:MFC) – Stock analysts at National Bank Financial dropped their Q1 2025 earnings per share estimates for shares of Manulife Financial in a research note issued on Thursday, May 1st. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings of $0.71 per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for Manulife Financial’s current full-year earnings is $2.87 per share. National Bank Financial also issued estimates for Manulife Financial’s Q2 2025 earnings at $0.72 EPS, Q4 2025 earnings at $0.79 EPS and FY2025 earnings at $3.00 EPS.
A number of other analysts also recently weighed in on the company. Scotiabank reiterated an “outperform” rating on shares of Manulife Financial in a report on Monday, February 3rd. Royal Bank of Canada raised their price objective on shares of Manulife Financial from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 21st. One research analyst has 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, the stock presently has a consensus rating of “Buy” and a consensus price target of $45.50.
Manulife Financial Stock Up 2.3 %
MFC opened at $31.56 on Monday. Manulife Financial has a twelve month low of $23.30 and a twelve month high of $33.07. The company has a fifty day moving average of $29.74 and a 200-day moving average of $30.43. The stock has a market cap of $54.23 billion, a PE ratio of 15.25, a price-to-earnings-growth ratio of 1.11 and a beta of 1.00.
Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last released its earnings results on Wednesday, February 19th. The financial services provider reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.07. The business had revenue of $9.31 billion during the quarter. Manulife Financial had a net margin of 10.08% and a return on equity of 15.98%.
Hedge Funds Weigh In On Manulife Financial
A number of institutional investors have recently modified their holdings of the company. Crews Bank & Trust bought a new position in shares of Manulife Financial in the fourth quarter valued at $26,000. Lee Danner & Bass Inc. bought a new position in Manulife Financial in the 4th quarter valued at about $31,000. Stonebridge Financial Group LLC acquired a new position in Manulife Financial during the 4th quarter valued at about $34,000. Golden State Wealth Management LLC bought a new stake in Manulife Financial during the fourth quarter worth $35,000. Finally, Lazard Asset Management LLC purchased a new stake in Manulife Financial in the 4th quarter valued at $35,000. 52.56% of the stock is owned by institutional investors and hedge funds.
Manulife Financial Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.3094 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date was Wednesday, March 5th. This is a boost from Manulife Financial’s previous quarterly dividend of $0.30. Manulife Financial’s dividend payout ratio (DPR) is 58.45%.
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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