Q3 EPS Forecast for Manulife Financial Raised by Analyst

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Desjardins raised their Q3 2025 earnings estimates for shares of Manulife Financial in a research report issued to clients and investors on Tuesday, October 14th. Desjardins analyst D. Young now expects that the financial services provider will post earnings of $1.05 per share for the quarter, up from their previous forecast of $1.04. Desjardins has a “Buy” rating and a $52.00 price objective on the stock. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share. Desjardins also issued estimates for Manulife Financial’s FY2025 earnings at $4.03 EPS and FY2026 earnings at $4.35 EPS.

Several other equities analysts have also weighed in on MFC. Barclays boosted their target price on shares of Manulife Financial from C$47.00 to C$48.00 and gave the company an “equal weight” rating in a report on Wednesday, October 8th. National Bankshares decreased their price objective on shares of Manulife Financial from C$48.00 to C$47.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. Royal Bank Of Canada decreased their price objective on shares of Manulife Financial from C$51.00 to C$49.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Finally, TD Securities upped their price objective on shares of Manulife Financial from C$50.00 to C$54.00 in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$48.89.

Manulife Financial Price Performance

TSE:MFC opened at C$44.34 on Friday. The firm has a market capitalization of C$74.92 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 1.01 and a beta of 0.93. The company’s 50-day moving average is C$43.14 and its two-hundred day moving average is C$42.67. Manulife Financial has a 1-year low of C$36.93 and a 1-year high of C$46.42.

Insider Transactions at Manulife Financial

In other Manulife Financial news, insider Paul Lorentz sold 178,425 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of C$41.90, for a total transaction of C$7,476,007.50. Following the sale, the insider directly owned 79,930 shares in the company, valued at C$3,349,067. This represents a 69.06% decrease in their position. In the last quarter, insiders have sold 179,582 shares of company stock worth $7,516,321. 0.03% of the stock is owned by corporate insiders.

Manulife Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, September 19th were issued a dividend of $0.44 per share. The ex-dividend date was Wednesday, August 20th. This represents a $1.76 dividend on an annualized basis and a yield of 4.0%. Manulife Financial’s dividend payout ratio is 54.19%.

About Manulife Financial

Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada’s Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.