U.S. markets open in 7 hours 31 minutes

Manulife Financial Corporation (MFC.TO)

Toronto - Toronto Delayed Price. Currency in CAD
Add to watchlist
19.59+0.16 (+0.82%)
At close: 4:00PM EDT
Full screen
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close19.43
Open19.39
Bid19.58 x 0
Ask19.61 x 0
Day's Range19.29 - 19.63
52 Week Range12.58 - 27.78
Volume5,639,931
Avg. Volume7,727,048
Market Cap37.994B
Beta (5Y Monthly)1.15
PE Ratio (TTM)10.03
EPS (TTM)1.95
Earnings DateAug 05, 2020
Forward Dividend & Yield1.12 (5.76%)
Ex-Dividend DateAug 14, 2020
1y Target Est23.63
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Manulife Shares Jump After Profit Beats Estimates on U.S. Claims
      Bloomberg

      Manulife Shares Jump After Profit Beats Estimates on U.S. Claims

      (Bloomberg) -- Manulife Financial Corp. shares rose the most in two months after posting second-quarter earnings that topped analysts’ estimates thanks in part to lower insurance claims in the U.S. and Canada.Shares of Canada’s largest life insurer rose as much as 5.4% in Toronto trading, their biggest intraday increase in two months. Manulife on Wednesday reported a 7.5% increase in core earnings to C$1.56 billion ($1.17 billion), or 78 Canadian cents a share, beating the 62-cent average estimate of 14 analysts in a Bloomberg survey.Manulife’s “better-than-expected results were driven by the U.S. and Canada on favorable policyholder experience,” RBC Capital Markets analyst Darko Mihelic said in a note to clients, citing gains from the U.S. long-term care business and in the Canada group business.U.S. earnings led the growth, with a 37% surge from a year ago, followed by a 9.6% earnings jump from its Canadian division. Net income fell 52% to C$727 million after Manulife recorded losses of C$916 million from investments and C$495 million tied to interest rates, partly countered by improving equity markets.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Manulife (MFC) Q2 Earnings Rise Y/Y, Asia Business Solid
      Zacks

      Manulife (MFC) Q2 Earnings Rise Y/Y, Asia Business Solid

      Manulife (MFC) Q2 reflects favorable policyholder experience and in-force business growth in Asia

    • Reuters

      Manulife says cost containment to be key driver of targeted 10%-12% core earnings growth

      Manulife Financial Corp's <MFC.TO> focus on containing costs will be a key driver of its target of 10% to 12% growth in core earnings per share next year and beyond, its chief executive said on Thursday. Costs will be a "critical driver that gives us confidence in achieving that 10% to 12% core earnings growth," CEO Roy Gori said on an analyst call. Manulife's core general expenses in the quarter dropped 5% from a year earlier, and it expects C$1 billion ($753.64 million) in expense efficiencies by year-end, two years ahead of schedule.