Q2 EPS Estimate for Manulife Financial Cut by Analyst

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Investment analysts at National Bank Financial lowered their Q2 2025 earnings estimates for shares of Manulife Financial in a research report issued on Wednesday, May 7th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings per share of $0.98 for the quarter, down from their previous estimate of $1.00. 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 Q3 2025 earnings at $1.05 EPS, FY2025 earnings at $4.09 EPS and FY2026 earnings at $4.55 EPS.

Several other equities research analysts also recently issued reports on the company. Scotiabank cut their price target on Manulife Financial from C$53.00 to C$50.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. Royal Bank of Canada set a C$51.00 target price on shares of Manulife Financial and gave the stock an “outperform” rating in a research note on Tuesday, April 15th. Barclays decreased their price target on shares of Manulife Financial from C$49.00 to C$45.00 in a research note on Friday, April 11th. National Bankshares cut their price objective on shares of Manulife Financial from C$50.00 to C$49.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, TD Securities upped their target price on Manulife Financial from C$48.00 to C$49.00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Manulife Financial presently has an average rating of “Moderate Buy” and an average price target of C$48.00.

Manulife Financial Stock Down 1.2 %

MFC opened at C$42.88 on Friday. Manulife Financial has a 12-month low of C$32.87 and a 12-month high of C$46.42. The business has a 50 day moving average of C$42.06 and a 200-day moving average of C$43.17. The stock has a market cap of C$75.21 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 1.01 and a beta of 1.06.

Insider Activity

In related news, Senior Officer Steve Finch sold 11,598 shares of Manulife Financial stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of C$43.43, for a total value of C$503,646.63. Also, Director Kenneth Michael Ross sold 3,219 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$44.91, for a total value of C$144,572.68. In the last three months, insiders sold 18,683 shares of company stock worth $816,102. 0.03% of the stock is currently owned by company insiders.

Manulife Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Wednesday, May 21st will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.10%. Manulife Financial’s dividend payout ratio (DPR) is presently 49.79%.

About Manulife Financial

Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada’s Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.