FY2026 Earnings Forecast for TSE:MFC Issued By Cormark

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Stock analysts at Cormark issued their FY2026 earnings per share (EPS) estimates for shares of Manulife Financial in a note issued to investors on Tuesday, February 4th. Cormark analyst L. Persaud anticipates that the financial services provider will post earnings per share of $4.47 for the year. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share.

MFC has been the topic of several other research reports. CIBC upped their price objective on shares of Manulife Financial from C$46.00 to C$47.00 in a report on Thursday, January 30th. National Bankshares boosted their target price on Manulife Financial from C$45.00 to C$47.00 in a research report on Thursday, November 7th. Scotiabank increased their price target on Manulife Financial from C$48.00 to C$49.00 in a report on Friday, November 8th. TD Securities boosted their price objective on Manulife Financial from C$45.00 to C$48.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Barclays increased their target price on Manulife Financial from C$40.00 to C$47.00 in a report on Monday, January 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$44.55.

Manulife Financial Stock Up 0.5 %

Manulife Financial stock opened at C$42.74 on Wednesday. The company has a market capitalization of C$75.65 billion, a PE ratio of 18.19, a PEG ratio of 1.01 and a beta of 1.06. Manulife Financial has a 12-month low of C$29.61 and a 12-month high of C$46.42. The firm’s fifty day moving average is C$44.09 and its 200 day moving average is C$40.94. The company has a quick ratio of 2.58, a current ratio of 36.68 and a debt-to-equity ratio of 49.60.

Manulife Financial (TSE:MFC) (NYSE:MFC) last issued its earnings results on Wednesday, November 6th. The financial services provider reported C$1.00 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.95 by C$0.05. Manulife Financial had a return on equity of 10.41% and a net margin of 17.34%. During the same period in the prior year, the company earned $0.92 earnings per share.

Manulife Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Wednesday, November 20th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.74%. The ex-dividend date of this dividend was Wednesday, November 20th. Manulife Financial’s dividend payout ratio is presently 68.09%.

Insider Buying and Selling

In other news, Director Anthony Alex Silva sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of C$45.22, for a total transaction of C$45,218.70. Also, Director Brooks Tingle sold 3,866 shares of Manulife Financial stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of C$46.07, for a total transaction of C$178,102.75. Over the last three months, insiders have sold 77,771 shares of company stock worth $3,508,584. 0.03% of the stock is owned by company insiders.

Manulife Financial Company Profile

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.