Brokers Set Expectations for TSE:MFC Q1 Earnings

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Research analysts at National Bank Financial issued their Q1 2025 EPS estimates for shares of Manulife Financial in a research note issued on Wednesday, February 19th. National Bank Financial analyst G. Dechaine anticipates 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.

Other equities research analysts have also recently issued reports about the company. Cormark raised their target price on Manulife Financial from C$47.00 to C$48.00 in a research note on Thursday, November 21st. CIBC upped their price objective on shares of Manulife Financial from C$47.00 to C$48.00 in a report on Friday. Jefferies Financial Group lifted their price target on Manulife Financial from C$50.00 to C$51.00 in a research report on Thursday, January 30th. Barclays boosted their target price on shares of Manulife Financial from C$40.00 to C$47.00 in a report on Monday, January 6th. Finally, TD Securities raised their target price on shares of Manulife Financial from C$48.00 to C$49.00 and gave the stock a “buy” rating in a report on Thursday. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Manulife Financial presently has a consensus rating of “Moderate Buy” and an average target price of C$45.60.

Manulife Financial Stock Down 4.4 %

Shares of TSE MFC opened at C$43.16 on Friday. The firm’s 50-day moving average price is C$43.51 and its two-hundred day moving average price is C$41.53. Manulife Financial has a 52-week low of C$31.24 and a 52-week high of C$46.42. The stock has a market capitalization 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 announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be given a $0.44 dividend. This is a positive change from Manulife Financial’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 4.08%. Manulife Financial’s dividend payout ratio is presently 49.79%.

Insider Transactions at Manulife Financial

In related news, Senior Officer James D. Gallagher sold 57,064 shares of the 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. Also, Director Anthony Alex Silva sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of C$45.22, for a total value of C$45,218.70. Insiders have sold a total of 62,307 shares of company stock worth $2,796,173 in the last 90 days. 0.03% of the stock is owned by insiders.

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.