Cormark Lowers Earnings Estimates for Manulife Financial

Manulife Financial Co. (NYSE:MFC) (TSE:MFC) – Cormark decreased their FY2025 earnings per share estimates for Manulife Financial in a report released on Tuesday, February 4th. Cormark analyst L. Persaud now expects that the financial services provider will post earnings of $2.85 per share for the year, down from their previous estimate of $2.89. The consensus estimate for Manulife Financial’s current full-year earnings is $2.67 per share. Cormark also issued estimates for Manulife Financial’s FY2026 earnings at $3.08 EPS.

Manulife Financial Stock Performance

Shares of MFC opened at $29.71 on Wednesday. Manulife Financial has a one year low of $21.54 and a one year high of $33.07. The stock has a market capitalization of $51.35 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 1.04 and a beta of 1.09. The stock has a 50 day moving average price of $30.85 and a 200 day moving average price of $29.39.

Manulife Financial (NYSE:MFC) (TSE:MFC) last issued its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.70 by $0.30. Manulife Financial had a return on equity of 16.11% and a net margin of 9.79%. The firm had revenue of $10.69 billion during the quarter, compared to analysts’ expectations of $9.73 billion. During the same period in the previous year, the business earned $0.69 earnings per share.

Institutional Trading of Manulife Financial

Several large investors have recently made changes to their positions in MFC. Baron Wealth Management LLC grew its holdings in Manulife Financial by 2.3% in the 3rd quarter. Baron Wealth Management LLC now owns 14,400 shares of the financial services provider’s stock valued at $426,000 after buying an additional 330 shares in the last quarter. Little House Capital LLC grew its holdings in Manulife Financial by 1.0% in the 4th quarter. Little House Capital LLC now owns 33,767 shares of the financial services provider’s stock valued at $1,037,000 after buying an additional 331 shares in the last quarter. Robertson Stephens Wealth Management LLC grew its holdings in Manulife Financial by 1.5% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 23,068 shares of the financial services provider’s stock valued at $708,000 after buying an additional 339 shares in the last quarter. Americana Partners LLC grew its holdings in Manulife Financial by 0.5% in the 3rd quarter. Americana Partners LLC now owns 69,967 shares of the financial services provider’s stock valued at $2,068,000 after buying an additional 364 shares in the last quarter. Finally, Addison Advisors LLC grew its holdings in Manulife Financial by 45.9% in the 4th quarter. Addison Advisors LLC now owns 1,428 shares of the financial services provider’s stock valued at $44,000 after buying an additional 449 shares in the last quarter. 52.56% of the stock is currently owned by hedge funds and other institutional investors.

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.