Cormark Weighs in on TSE:MFC FY2026 Earnings

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Stock analysts at Cormark issued their FY2026 EPS estimates for Manulife Financial in a report released on Tuesday, February 4th. Cormark analyst L. Persaud expects 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.

Several other equities analysts have also recently commented on the stock. Barclays boosted their price objective on shares of Manulife Financial from C$40.00 to C$47.00 in a research note on Monday, January 6th. CIBC boosted their price target on shares of Manulife Financial from C$46.00 to C$47.00 in a research report on Thursday, January 30th. Jefferies Financial Group increased their price objective on Manulife Financial from C$50.00 to C$51.00 in a research report on Thursday, January 30th. National Bankshares upped their target price on Manulife Financial from C$45.00 to C$47.00 in a research note on Thursday, November 7th. Finally, Scotiabank raised their price target on Manulife Financial from C$48.00 to C$49.00 in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$44.55.

Manulife Financial Stock Down 0.3 %

MFC stock opened at C$42.54 on Wednesday. Manulife Financial has a twelve month low of C$29.09 and a twelve month high of C$46.42. The firm has a market capitalization of C$75.30 billion, a PE ratio of 18.10, a PEG ratio of 1.01 and a beta of 1.06. The company has a quick ratio of 2.58, a current ratio of 36.68 and a debt-to-equity ratio of 49.60. The stock has a 50-day simple moving average of C$44.14 and a two-hundred day simple moving average of C$40.89.

Manulife Financial (TSE:MFC) (NYSE:MFC) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported C$1.00 EPS 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 last year, the company earned $0.92 earnings per share.

Insiders Place Their Bets

In related news, Senior Officer Steve Finch sold 11,598 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of C$46.07, for a total transaction of C$534,308.26. Also, Director Brooks Tingle sold 3,866 shares of the firm’s stock in a transaction 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. Insiders sold 77,771 shares of company stock valued at $3,508,584 over the last three months. Insiders own 0.03% of the company’s stock.

Manulife Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 20th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date was Wednesday, November 20th. Manulife Financial’s payout ratio is presently 68.09%.

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.