MFC.TO - Manulife Financial Corporation

Toronto - Toronto Delayed Price. Currency in CAD
24.01
+0.15 (+0.63%)
At close: 4:00PM EDT
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Previous Close23.86
Open23.95
Bid24.00 x 0
Ask24.02 x 0
Day's Range23.89 - 24.08
52 Week Range23.11 - 27.77
Volume1,634,673
Avg. Volume3,176,112
Market Cap47.616B
Beta1.18
PE Ratio (TTM)24.23
EPS (TTM)0.99
Earnings DateAug 8, 2018
Forward Dividend & Yield0.88 (3.69%)
Ex-Dividend Date2018-05-14
1y Target Est30.32
  • Reuters6 days ago

    Why Canadian insurers are wary of covering medical marijuana

    Sun Life Financial, Canada's No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan - more than 17 years after the country first legalized it. "It's not medical marijuana for any purpose," said Dave Jones, senior vice-president of group benefits at Sun Life. Sun Life's cautious approach reflects concern across Canada's health insurance industry over the potentially high costs of covering medical marijuana - in many cases higher than established pharmaceuticals - and thin clinical evidence for its efficacy.

  • ACCESSWIRE7 days ago

    Research Reports on Manulife Financial Power Financial Great West Lifeco and Intact Financial

    LONDON, UK / ACCESSWIRE / July 12, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equitiesfrom the Insurance -Life/ Property & Casualty industry: Manulife Financial, Power Financial, Great-West Lifeco, and Intact Financial. The TSX Venture Exchange shaved off 12.15 points, or 1.64%, to finish at 728.19. Today's stocks of interest consist of: Manulife Financial Corporation (TSX: MFC), Power Financial Corporation (TSX: PWF), Great-West Lifeco Inc. (TSX: GWO), and Intact Financial Corporation (TSX: IFC).

  • PR Newswire8 days ago

    John Hancock Hedged Equity & Income Fund And John Hancock Financial Opportunities Fund Release Earnings Data

    BOSTON , July 10, 2018 /PRNewswire/ -- John Hancock Hedged Equity & Income Fund (NYSE: HEQ) and John Hancock Financial Opportunities Fund (NYSE: BTO) announced earnings 1 for the three months ended June ...

  • PR Newswire9 days ago

    Boston Marathon Fundraising Raises $36.6 million in 2018 Race

    BOSTON, July 10, 2018 /PRNewswire/ -- Boston Marathon participants who ran on behalf of more than 260 non-profit organizations raised $36.6 million for charity in the 122nd year of the historic race. Total funds include $19.2 million raised through the Boston Athletic Association's Official Charity Program, $13.1 million raised through John Hancock's Non-Profit Program, and $4.3 million from other qualified and invitational runners. "Every year it's gratifying to see the positive impact that the Boston Marathon shares with its surrounding communities," said B.A.A. CEO Tom Grilk.

  • CNW Group9 days ago

    Manulife Floating Rate Senior Loan Fund (TSX: MFR.UN) Announces Normal Course Issuer Bid

    Pursuant to the NCIB, the Fund proposes to purchase through the facilities of the TSX, from time to time, if it is considered advisable, up to 1,360,377 Class A Units of the Fund, representing 10% of the public float, which is the same number as the Fund's issued and outstanding Class A Units, being 13,603,776 Class A Units as of the close of business on June 28, 2018 . The Fund will not purchase in any given 30-day period, in the aggregate, more than 272,075 Class A Units, being 2% of the issued and outstanding Class A Units as of the close of business on June 28, 2018 .

  • Manulife's Greene Sees U.S. Facing a Fiscal Cliff in 2020
    Bloomberg16 days ago

    Manulife's Greene Sees U.S. Facing a Fiscal Cliff in 2020

    Megan Greene, Manulife Asset Management global chief economist, discusses the outlook for the U.S. economy with Bloomberg's Tom Keene and Guy Johnson on "Bloomberg Surveillance." (Source: Bloomberg)...

  • CNW Group16 days ago

    Manulife Investments Announces Termination and Final Valuation of Oil Sands Sector Fund

    Manulife Investments Announces Termination and Final Valuation of Oil Sands Sector Fund

  • Reuters16 days ago

    PRESS DIGEST- Canada- July 3

    The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Mexico's left-wing president-elect ...

  • PR Newswire16 days ago

    John Hancock Closed-End Funds Declare Monthly Distributions

    BOSTON , July 2, 2018 /PRNewswire/ -- The five John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         July 2, 2018 Ex Date:                       ...

  • PR Newswire17 days ago

    US$2 Billion John Hancock Infrastructure Fund Closes

    TORONTO, July 2, 2018 /PRNewswire/ -- Manulife today announced the closing of approximately US$2 billion in capital commitments to the John Hancock Infrastructure Fund. The Fund provides third party investors the opportunity to invest alongside Manulife's General Account in direct private equity investments and co-investments in the infrastructure sector in the United States. The company operates primarily as John Hancock in the United States and Manulife elsewhere.

  • PR Newswire19 days ago

    John Hancock Premium Dividend Fund Notice To Shareholders - Sources Of Distribution Under Section 19(a)

    BOSTON , June 29, 2018 /PRNewswire/ -- John Hancock Premium Dividend Fund (NYSE: PDT) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC and subadvised by John Hancock Asset ...

  • PR Newswire19 days ago

    John Hancock Tax-Advantaged Dividend Income Fund Notice To Shareholders - Sources Of Distribution Under Section 19(a)

    BOSTON , June 29, 2018 /PRNewswire/ -- John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC and subadvised by both ...

  • PR Newswire19 days ago

    John Hancock Hedged Equity & Income Fund Required Notice To Shareholders -- Sources Of Distribution Under Section 19(a)

    BOSTON , June 29, 2018 /PRNewswire/ -- John Hancock Hedged Equity & Income Fund (NYSE: HEQ) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC (the "Adviser") and ...

  • Manulife to Pivot to Behavioral Insurance, CEO Says
    Bloomberg20 days ago

    Manulife to Pivot to Behavioral Insurance, CEO Says

    Roy Gori, Manulife Financial chief executive officer, discusses the company's strategy and opportunities with Bloomberg's Amanda Lang on "Bloomberg Markets." (Source: Bloomberg)

  • PR Newswire21 days ago

    John Hancock Recognized for Innovation in Financial Education

    Company offers digital financial literacy tools to its retirement plan participants and their families and through its teen programs BOSTON , June 28, 2018 /PRNewswire/ -- John Hancock was honored with ...

  • Manulife plans to free up $3.8 billion in capital by 2022
    Reuters22 days ago

    Manulife plans to free up $3.8 billion in capital by 2022

    Manulife (MFC.TO), Canada's biggest insurer, said on Wednesday it had set a target to free up C$5 billion ($3.8 billion) in capital over the next three years, partly by offloading businesses that it no longer wants. Reuters reported in February that Manulife was weighing the sale of a number of U.S. insurance assets after conducting a strategic review of its U.S. operations including its John Hancock business. Manulife also said it had set a target to cut its expenses by C$1 billion by 2022.

  • PR Newswire22 days ago

    Manulife Investor Day 2018 -- A bold and exciting future

    TORONTO, June 27, 2018 /PRNewswire/ -- Manulife Financial Corporation ("Manulife" or the "Company") is hosting an institutional Investor Day today in Toronto from 8 a.m. eastern time. Manulife's senior management will present the Company's strategic direction with an emphasis on portfolio optimization, expense management and our Canadian and U.S. operations.

  • PR Newswire22 days ago

    Manulife Investor Day 2018 - A bold and exciting future

    TORONTO, June 27, 2018 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") is hosting an institutional Investor Day today in Toronto from 8 a.m. eastern time. Manulife's senior management will present the Company's strategic direction with an emphasis on portfolio optimization, expense management and our Canadian and U.S. operations.

  • CNW Group22 days ago

    Manulife Investor Day 2018 - A bold and exciting future

    TORONTO , June 27, 2018 /CNW/ - Manulife Financial Corporation ("Manulife" or the "Company") is hosting an institutional Investor Day today in Toronto from 8 a.m. eastern time . Manulife's senior management will present the Company's strategic direction with an emphasis on portfolio optimization, expense management and our Canadian and U.S. operations.

  • With A -36.26% Earnings Drop, Did Manulife Financial Corporation (TSE:MFC) Really Underperform?
    Simply Wall St.26 days ago

    With A -36.26% Earnings Drop, Did Manulife Financial Corporation (TSE:MFC) Really Underperform?

    After reading Manulife Financial Corporation’s (TSE:MFC) most recent earnings announcement (31 March 2018), I found it useful to look back at how the company has performed in the past andRead More...

  • Reuters27 days ago

    PRESS DIGEST - Canada - June 22

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Laurentian Bank of Canada has filled ...

  • Reuters27 days ago

    Manulife to cut 5 pct of Canadian workforce in technology push

    Canada's Manulife Financial Corp is cutting some 700 jobs in the country as part of a drive to automate certain functions, the insurer said on Thursday. The cuts represent about 5 percent of Manulife's Canadian employees and 2 percent of its global workforce, and will take place partly through voluntary exit programs. Manulife and other financial services companies are saving costs by automating job functions with artificial intelligence and other technology, which, for instance, helps make underwriting decisions automatically.

  • Manulife's Greene Sees U.S. Facing a Fiscal Cliff in 2020
    Bloomberg Video16 days ago

    Manulife's Greene Sees U.S. Facing a Fiscal Cliff in 2020

    Jul.03 -- Megan Greene, Manulife Asset Management global chief economist, discusses the outlook for the U.S. economy with Bloomberg's Tom Keene and Guy Johnson on "Bloomberg Surveillance."

  • Manulife to Pivot to Behavioral Insurance, CEO Says
    Bloomberg Video20 days ago

    Manulife to Pivot to Behavioral Insurance, CEO Says

    Jun.28 -- Roy Gori, Manulife Financial chief executive officer, discusses the company's strategy and opportunities with Bloomberg's Amanda Lang on "Bloomberg Markets."