National Bank Financial Forecasts MFC Q3 Earnings

Manulife Financial Co. (NYSE:MFC) (TSE:MFC) – Investment analysts at National Bank Financial lowered their Q3 2025 EPS estimates for Manulife Financial in a research note issued on Wednesday, May 7th. National Bank Financial analyst G. Dechaine now expects that the financial services provider will post earnings of $0.76 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for Manulife Financial’s current full-year earnings is $2.87 per share. National Bank Financial also issued estimates for Manulife Financial’s FY2026 earnings at $3.28 EPS.

Several other equities analysts also recently weighed in on MFC. Royal Bank of Canada lifted their target price on Manulife Financial from $49.00 to $51.00 and gave the company an “outperform” rating in a research report on Friday, February 21st. Scotiabank reiterated an “outperform” rating on shares of Manulife Financial in a research note on Monday, February 3rd. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Manulife Financial has a consensus rating of “Buy” and a consensus target price of $45.50.

Manulife Financial Price Performance

Shares of Manulife Financial stock opened at $30.90 on Friday. The stock has a market capitalization of $52.92 billion, a PE ratio of 14.93, a P/E/G ratio of 1.11 and a beta of 1.00. Manulife Financial has a 1-year low of $23.30 and a 1-year high of $33.07. The company’s fifty day simple moving average is $29.82 and its 200-day simple moving average is $30.47.

Manulife Financial (NYSE:MFC) (TSE:MFC) last posted its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). Manulife Financial had a return on equity of 15.98% and a net margin of 10.08%. The business had revenue of $1.49 billion during the quarter. During the same quarter last year, the firm posted $0.94 earnings per share.

Manulife Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Wednesday, May 21st will be issued a $0.3194 dividend. The ex-dividend date is Wednesday, May 21st. This is a boost from Manulife Financial’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 4.13%. Manulife Financial’s payout ratio is currently 63.35%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MFC. Little House Capital LLC boosted its stake in Manulife Financial by 1.0% during the fourth 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 during the last quarter. Robertson Stephens Wealth Management LLC grew its holdings in shares of Manulife Financial by 1.5% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 23,068 shares of the financial services provider’s stock valued at $708,000 after purchasing an additional 339 shares in the last quarter. JCIC Asset Management Inc. increased its position in Manulife Financial by 5.6% in the first quarter. JCIC Asset Management Inc. now owns 6,749 shares of the financial services provider’s stock worth $210,000 after purchasing an additional 360 shares during the last quarter. Blair William & Co. IL raised its stake in Manulife Financial by 1.9% during the first quarter. Blair William & Co. IL now owns 19,878 shares of the financial services provider’s stock valued at $619,000 after purchasing an additional 377 shares in the last quarter. Finally, Erste Asset Management GmbH lifted its position in Manulife Financial by 0.6% during the fourth quarter. Erste Asset Management GmbH now owns 69,300 shares of the financial services provider’s stock valued at $2,133,000 after purchasing an additional 400 shares during the last quarter. 52.56% of the stock is currently owned by 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.