Q1 Earnings Estimate for MFC Issued By Desjardins

Manulife Financial Co. (NYSE:MFC) (TSE:MFC) – Research analysts at Desjardins issued their Q1 2025 earnings estimates for Manulife Financial in a report released on Thursday, February 20th. Desjardins analyst D. Young forecasts that the financial services provider will post earnings per share of $0.71 for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $2.87 per share. Desjardins also issued estimates for Manulife Financial’s Q2 2025 earnings at $0.71 EPS, Q3 2025 earnings at $0.76 EPS and Q4 2025 earnings at $0.74 EPS.

Several other equities research analysts have also recently issued reports on the stock. Scotiabank reissued an “outperform” rating on shares of Manulife Financial in a research report on Monday, February 3rd. Royal Bank of Canada raised their price target 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. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Manulife Financial has a consensus rating of “Buy” and a consensus target price of $45.50.

Manulife Financial Stock Performance

MFC opened at $30.74 on Monday. The company’s 50 day simple moving average is $30.30 and its 200 day simple moving average is $29.91. Manulife Financial has a 1 year low of $22.61 and a 1 year high of $33.07. The stock has a market capitalization of $52.97 billion, a PE ratio of 14.85, a P/E/G ratio of 1.11 and a beta of 1.09.

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

Institutional Trading of Manulife Financial

Hedge funds have recently made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in shares of Manulife Financial during the third quarter valued at approximately $26,000. Crews Bank & Trust purchased a new stake in shares of Manulife Financial during the fourth quarter valued at approximately $26,000. Capital Performance Advisors LLP purchased a new stake in shares of Manulife Financial during the third quarter valued at approximately $30,000. Fortitude Family Office LLC purchased a new stake in shares of Manulife Financial during the third quarter valued at approximately $31,000. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of Manulife Financial during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 52.56% of the company’s stock.

Manulife Financial Increases Dividend

The firm 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 $0.3094 dividend. This is a positive change 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 dividend payout ratio (DPR) is presently 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.