Q1 Earnings Estimate for MFC Issued By Desjardins

Manulife Financial Co. (NYSE:MFC) (TSE:MFC) – Investment analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Manulife Financial in a report issued on Thursday, February 20th. Desjardins analyst D. Young anticipates that the financial services provider will earn $0.71 per share 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.

Other equities research analysts have also recently issued research reports about the stock. Scotiabank reissued an “outperform” rating on shares of Manulife Financial in a research note on Monday, February 3rd. Royal Bank of Canada lifted their price target on shares of Manulife Financial from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday. 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 company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $45.50.

Manulife Financial Price Performance

Shares of NYSE:MFC opened at $30.10 on Monday. The business’s 50 day moving average price is $30.30 and its 200-day moving average price is $29.87. Manulife Financial has a 1 year low of $22.61 and a 1 year high of $33.07. The firm has a market capitalization of $51.87 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 1.11 and a beta of 1.09.

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

Manulife Financial Increases Dividend

The business also recently disclosed 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. This represents a $1.24 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend is Wednesday, March 5th. Manulife Financial’s payout ratio is 58.45%.

Institutional Trading of Manulife Financial

Several institutional investors and hedge funds have recently bought and sold shares of MFC. Allspring Global Investments Holdings LLC raised its holdings 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 during the period. Private Advisor Group LLC grew its position 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 buying an additional 839 shares in the last quarter. Greenleaf Trust grew its position in shares of Manulife Financial by 19.3% during the third quarter. Greenleaf Trust now owns 9,889 shares of the financial services provider’s stock worth $292,000 after buying an additional 1,598 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Manulife Financial during the third quarter worth about $956,000. Finally, Assenagon Asset Management S.A. grew its position in shares of Manulife Financial by 12.2% during the third quarter. Assenagon Asset Management S.A. now owns 58,804 shares of the financial services provider’s stock worth $1,740,000 after buying an additional 6,410 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.