Manulife Financial Co. (TSE:MFC – Free Report) (NYSE:MFC) – Desjardins issued their Q1 2025 earnings per share estimates for shares of Manulife Financial in a note issued to investors on Thursday, February 20th. Desjardins analyst D. Young anticipates that the financial services provider will earn $1.02 per share for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share. Desjardins also issued estimates for Manulife Financial’s Q2 2025 earnings at $1.01 EPS, Q3 2025 earnings at $1.08 EPS, Q4 2025 earnings at $1.05 EPS, FY2025 earnings at $4.15 EPS and FY2026 earnings at $4.50 EPS.
MFC has been the topic of a number of other research reports. Jefferies Financial Group increased their price target on Manulife Financial from C$50.00 to C$51.00 in a research note on Thursday, January 30th. TD Securities increased their price target on Manulife Financial from C$48.00 to C$49.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th. National Bankshares increased their price target on Manulife Financial from C$45.00 to C$47.00 in a research note on Thursday, November 7th. Scotiabank increased their price target on Manulife Financial from C$48.00 to C$49.00 in a research note on Friday, November 8th. Finally, Barclays increased their price target on Manulife Financial from C$40.00 to C$47.00 in a research note on Monday, January 6th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$45.60.
Manulife Financial Stock Up 2.4 %
Shares of Manulife Financial stock opened at C$43.97 on Monday. Manulife Financial has a fifty-two week low of C$31.24 and a fifty-two week high of C$46.42. The firm has a market cap of C$77.12 billion, a PE ratio of 13.68, a P/E/G ratio of 1.01 and a beta of 1.06. The business’s fifty day moving average is C$43.49 and its two-hundred day moving average is C$41.72.
Insider Buying and Selling
In related news, Director Kenneth Michael Ross sold 4,243 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of C$45.80, for a total value of C$194,315.82. Corporate insiders own 0.03% of the company’s stock.
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 given a $0.44 dividend. This is a positive change from Manulife Financial’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a dividend yield of 4.00%. Manulife Financial’s dividend payout ratio (DPR) is 49.79%.
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.
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