National Bank Financial Predicts TSE:MFC Q1 Earnings

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Stock analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for Manulife Financial in a research note issued to investors on Wednesday, February 19th. National Bank Financial analyst G. Dechaine expects that the financial services provider will post earnings per share of $1.04 for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share. National Bank Financial also issued estimates for Manulife Financial’s Q2 2025 earnings at $1.02 EPS and Q4 2025 earnings at $1.08 EPS.

MFC has been the subject of several other research reports. TD Securities upped their price target on shares of Manulife Financial from C$48.00 to C$49.00 and gave the stock a “buy” rating in a research report on Thursday. Cormark increased their target price on Manulife Financial from C$47.00 to C$48.00 in a research report on Thursday, November 21st. National Bankshares upped their price target on Manulife Financial from C$45.00 to C$47.00 in a research note on Thursday, November 7th. Barclays raised their price objective on Manulife Financial from C$40.00 to C$47.00 in a report on Monday, January 6th. Finally, Scotiabank boosted their target price on Manulife Financial from C$48.00 to C$49.00 in a report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Manulife Financial has a consensus rating of “Moderate Buy” and a consensus price target of C$45.60.

Manulife Financial Price Performance

TSE MFC opened at C$43.16 on Friday. The company has a 50-day moving average of C$43.51 and a 200-day moving average of C$41.53. Manulife Financial has a 12 month low of C$31.24 and a 12 month high of C$46.42. The company has a market cap of C$75.70 billion, a P/E ratio of 13.43, a P/E/G ratio of 1.01 and a beta of 1.06.

Manulife Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.08%. This is a positive change from Manulife Financial’s previous quarterly dividend of $0.40. Manulife Financial’s dividend payout ratio (DPR) is presently 49.79%.

Insider Buying and Selling

In other Manulife Financial news, Director Kenneth Michael Ross sold 4,243 shares of the company’s stock in a transaction that occurred 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. Also, Senior Officer James D. Gallagher sold 57,064 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of C$44.80, for a total transaction of C$2,556,638.39. Insiders have sold 62,307 shares of company stock valued at $2,796,173 in the last quarter. Company insiders own 0.03% of the company’s stock.

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.