What is Cormark’s Forecast for MFC Q2 Earnings?

Manulife Financial Corp (NYSE:MFC) (TSE:MFC) – Analysts at Cormark issued their Q2 2025 earnings estimates for Manulife Financial in a research report issued on Wednesday, July 30th. Cormark analyst L. Persaud expects that the financial services provider will post earnings per share of $0.72 for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $2.87 per share.

Separately, Morgan Stanley set a $46.00 price objective on shares of Manulife Financial in a report on Monday, May 19th.

Manulife Financial Price Performance

NYSE:MFC opened at $30.46 on Friday. Manulife Financial has a one year low of $23.30 and a one year high of $33.07. The company has a fifty day moving average price of $31.30 and a 200 day moving average price of $30.55. The stock has a market cap of $51.89 billion, a P/E ratio of 15.95, a PEG ratio of 1.04 and a beta of 1.01.

Manulife Financial (NYSE:MFC) (TSE:MFC) last released its earnings results on Wednesday, May 7th. The financial services provider reported $0.69 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). The firm had revenue of $1.49 billion for the quarter. Manulife Financial had a return on equity of 15.84% and a net margin of 9.58%. During the same period last year, the company posted $0.94 earnings per share.

Manulife Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 19th. Investors of record on Wednesday, May 21st were paid a $0.3194 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This is an increase from Manulife Financial’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 4.2%. Manulife Financial’s payout ratio is presently 67.02%.

Institutional Investors Weigh In On Manulife Financial

Institutional investors have recently added to or reduced their stakes in the stock. MQS Management LLC bought a new stake in Manulife Financial during the 2nd quarter worth approximately $297,000. Focus Partners Advisor Solutions LLC increased its stake in shares of Manulife Financial by 7.7% in the second quarter. Focus Partners Advisor Solutions LLC now owns 11,936 shares of the financial services provider’s stock valued at $382,000 after buying an additional 850 shares in the last quarter. Boothe Investment Group Inc. lifted its position in Manulife Financial by 9.3% during the 2nd quarter. Boothe Investment Group Inc. now owns 19,076 shares of the financial services provider’s stock worth $610,000 after buying an additional 1,626 shares in the last quarter. Strategic Blueprint LLC grew its holdings in Manulife Financial by 5.5% during the 2nd quarter. Strategic Blueprint LLC now owns 15,394 shares of the financial services provider’s stock worth $492,000 after acquiring an additional 802 shares during the last quarter. Finally, RNC Capital Management LLC raised its stake in shares of Manulife Financial by 13.7% in the second quarter. RNC Capital Management LLC now owns 11,571 shares of the financial services provider’s stock worth $370,000 after acquiring an additional 1,395 shares during the last quarter. 52.56% of the stock is owned by institutional investors and hedge funds.

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.