National Bank Financial Weighs in on MFC Q3 Earnings

Manulife Financial Co. (NYSE:MFC) (TSE:MFC) – Investment analysts at National Bank Financial issued their Q3 2025 earnings per share (EPS) estimates for shares of 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 $0.78 for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $2.87 per share.

Other analysts have also recently issued research reports about the stock. Royal Bank of Canada raised their target price on shares of Manulife Financial from $49.00 to $51.00 and gave the company an “outperform” rating in a report on Friday, February 21st. Scotiabank reaffirmed an “outperform” rating on shares of Manulife Financial in a report on Monday, February 3rd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $45.50.

Manulife Financial Price Performance

Shares of NYSE:MFC opened at $30.74 on Monday. The firm has a market capitalization of $52.97 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 1.11 and a beta of 1.09. Manulife Financial has a 1 year low of $22.61 and a 1 year high of $33.07. The firm’s 50-day moving average is $30.30 and its two-hundred day moving average is $29.91.

Manulife Financial (NYSE:MFC) (TSE:MFC) last released its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.07. Manulife Financial had a return on equity of 15.98% and a net margin of 10.08%. The company had revenue of $9.31 billion for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MFC. Allspring Global Investments Holdings LLC grew its position in Manulife Financial by 292.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 345,833 shares of the financial services provider’s stock valued at $10,219,000 after buying an additional 257,688 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Manulife Financial by 1.2% during the third quarter. Private Advisor Group LLC now owns 69,436 shares of the financial services provider’s stock worth $2,052,000 after acquiring an additional 839 shares in the last quarter. Greenleaf Trust raised its stake in shares of Manulife Financial by 19.3% during the 3rd quarter. Greenleaf Trust now owns 9,889 shares of the financial services provider’s stock worth $292,000 after purchasing an additional 1,598 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Manulife Financial in the third quarter valued at approximately $956,000. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Manulife Financial by 12.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 58,804 shares of the financial services provider’s stock valued at $1,740,000 after purchasing an additional 6,410 shares during the last quarter. 52.56% of the stock is currently owned by institutional investors.

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 paid a dividend of $0.3094 per share. This is an increase from Manulife Financial’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $1.24 annualized dividend and a yield of 4.03%. Manulife Financial’s payout ratio is 58.45%.

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.