NYSE: MFC · IEX Real-Time Price · USD
24.07
-0.08 (-0.33%)
Mar 18, 2024, 4:00 PM EDT - Market closed
-0.33% (1D)
Market Cap | 43.62B |
Revenue (ttm) | 25.32B |
Net Income (ttm) | 3.61B |
Shares Out | 1.81B |
EPS (ttm) | 1.93 |
PE Ratio | 12.48 |
Forward PE | 6.45 |
Dividend | $1.18 (4.92%) |
Ex-Dividend Date | Feb 27, 2024 |
Volume | 1,720,679 |
Open | 24.17 |
Previous Close | 24.15 |
Day's Range | 24.06 - 24.27 |
52-Week Range | 17.07 - 24.89 |
Beta | 1.10 |
Analysts | Buy |
Price Target | 34.00 (+41.26%) |
Earnings Date | May 8, 2024 |
About MFC
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 secu... [Read more]
Industry Insurance - Life
Sector Financials
IPO Date Sep 23, 1999
Employees 40,000
Stock Exchange NYSE
Ticker Symbol MFC
Full Company Profile
Financial Performance
Financial numbers in CAD Financial Statements
Analyst Forecast
According to 2 analysts, the average rating for MFC stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 41.26% from the latest price.
Price Target
$34.0
(41.26% upside)
Analyst Consensus: Buy
Stock Forecasts
News
Manulife announces additions to its Board of Directors
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 5, 2024 /PRNewswire/ - Manulife announced today that Mike Durland and Don Kanak have been appointed to its Board of Directors, effective March 5, 2024, ...
13 days ago - PRNewsWire
Manulife Investment Management Announces Close of $752 Million Manulife Capital Partners VII, L.P.
US$ unless otherwise stated BOSTON , March 5, 2024 /PRNewswire/ - Manulife Investment Management announced today the final close of Manulife Capital Partners VII, ...
13 days ago - PRNewsWire
Manulife to host Investor Day in Asia
TSX/NYSE/PSE:MFCSEHK: 945 TORONTO , Feb. 29, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") is hosting an Investor Day event in Hong Kong and Jakarta from June 25 to 27, 2024. The e...
18 days ago - PRNewsWire
Global Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan Business
NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today annou...
25 days ago - Business Wire
Manulife Closes Milestone Reinsurance Transaction with Global Atlantic
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 22, 2024 /PRNewswire/ - February 22, 2024 – Manulife announced...
25 days ago - PRNewsWire
Manulife announces Subordinated Debenture issue
C$ unless otherwise statedTSX/NYSE/PSE:MFCSEHK: 945 TORONTO, Feb. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC")announced today that it intends...
27 days ago - PRNewsWire
Manulife announces Normal Course Issuer Bid
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has re...
27 days ago - PRNewsWire
Manulife files 2023 Audited Annual Financial Statements and Related MD&A
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife Financial Corporation has filed its 2023 audited annual financial st...
4 weeks ago - PRNewsWire
Manulife declares preferred share dividends
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ -Manulife's Board of Directors today announced quarterly shareholders' dividends...
4 weeks ago - PRNewsWire
Manulife increases common shareholders' dividend by 9.6%
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ -Manulife's Board of Directors today announced an increase of 9.6% or 3.5...
4 weeks ago - PRNewsWire
Manulife Reports Full Year and Fourth Quarter 2023 Results
TSX/NYSE/PSE: MFC SEHK: 945 C$unlessotherwisestated TORONTO , Feb. 14, 2024 /PRNewswire/ -ManulifeFinancial Corporat...
4 weeks ago - PRNewsWire
Manulife Investment Management Names Anne Valentine Andrews as Global Head of Private Markets
Global asset management and alternatives investing leader to join world's largest natural capital investment manager March 4 TORONTO , Feb. 6, 2024 /PRNewswire/ - Manulife Investment Management (Manu...
5 weeks ago - PRNewsWire
Spearmint Energy Secures $47.5 Million Project Finance Term Loan from Manulife for Battery Energy Storage Project in ERCOT
MIAMI--(BUSINESS WIRE)--Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced...
5 weeks ago - Business Wire
Canada's Manulife changes policy on pharmacy prescriptions after backlash
Manulife Financial Corp on Monday rolled back a policy that will allow Canadians to fill their specialty medication prescriptions at any pharmacy, following a backlash after the insurer signed an excl...
6 weeks ago - Reuters
Manulife to Release Fourth Quarter and Full Year 2023 Financial Results
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Jan. 31, 2024 /PRNewswire/ - Manulife Financial Corpo...
6 weeks ago - PRNewsWire
Manulife partners with Aeroplan to boost digital health footprint
Canadian insurance giant Manulife Financial has entered into a multi-year partnership with travel loyalty program Aeroplan as it looks to bolster demand for its new healthcare initiative it is plannin...
7 weeks ago - Reuters
Economic slowdown expected in 2024: Manulife Investment Management's Nate Thooft
Nathan Thooft, Manulife Investment Management senior portfolio manager and global CIO, joins 'The Exchange' to discuss the odds of a 2024 recession, outlook for U.S. equities, and more.
2 months ago - CNBC Television
Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture
Milestone report shares the firm's commitments to a nature-positive future TORONTO , Jan. 18, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) announced it has published its inaugural ...
2 months ago - PRNewsWire
Manulife Named to 2024 Corporate Knights Global 100
Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments DAVOS, Switzerland , Jan. 17, 2024 /PRNewswire/ -Manulife (TSX: MFC) has been...
2 months ago - PRNewsWire
Manulife Announces New Global Longevity Innovation Challenge, in Partnership with the World Economic Forum's UpLink
Multi-year partnership will source global start-ups working to shape the future of longevity innovation and build an enabling ecosystem to accelerate their growth DAVOS, Switzerland , Jan. 17, 2024 /P...
2 months ago - PRNewsWire
Manulife named to 2023 Dow Jones Sustainability North America Index
TORONTO , Dec. 13, 2023 /PRNewswire/ - Manulife today announced its appointment to the Dow Jones Sustainability North America Index (DJSI North America) ranking in the 93rd percentile of its GICS® Ind...
3 months ago - PRNewsWire
Global Atlantic Announces $10 Billion Block Reinsurance Agreement with Manulife Across Both US and Japan Business
NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today annou...
3 months ago - Business Wire
Manulife to buy back $1.2B in stock as part of $13B reinsurance deal with Global Atlantic
Manulife Financial Corp. MFC, +0.45% said Monday it agreed to have Global Atlantic reinsure $13 billion of its reserves across four legacy/low return-on-equity blocks. The company plans to buy back $1...
3 months ago - Market Watch
Manulife announces $13 billion reinsurance deal, including $6 billion of long-term care, with Global Atlantic
L argest ever LTC reinsurance transaction Major milestone for Manulife's portfolio transformation $1.2 billion capital release will be returned to shareholders via share buybacks Conference call to ...
3 months ago - PRNewsWire
Manulife Investment Management Announces $1.2 Billion Industrial Recapitalization with Scannell Properties and StepStone Real Estate
BOSTON , Dec. 5, 2023 /PRNewswire/ - Manulife Investment Management has announced a $1.2 billion partnership with Scannell Properties and StepStone Real Estate, facilitating the recapitalization of 35...
3 months ago - PRNewsWire