Manulife Financial Co. (NYSE:MFC – Free Report) (TSE:MFC) – Stock analysts at National Bank Financial issued their FY2026 earnings estimates for Manulife Financial in a research report issued on Tuesday, January 14th. National Bank Financial analyst G. Dechaine forecasts that the financial services provider will post earnings of $3.22 per share for the year. The consensus estimate for Manulife Financial’s current full-year earnings is $2.71 per share.
Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last issued its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.30. The business had revenue of $10.69 billion during the quarter, compared to analysts’ expectations of $9.73 billion. Manulife Financial had a return on equity of 16.11% and a net margin of 9.79%. During the same quarter in the previous year, the firm posted $0.69 EPS.
Manulife Financial Trading Up 2.8 %
Manulife Financial Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 20th were paid a $0.296 dividend. This is a boost from Manulife Financial’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend was Wednesday, November 20th. Manulife Financial’s payout ratio is currently 59.42%.
Institutional Trading of Manulife Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. West Financial Advisors LLC acquired a new position in shares of Manulife Financial in the third quarter worth about $26,000. Brooklyn Investment Group acquired a new position in Manulife Financial in the 3rd quarter worth about $26,000. Capital Performance Advisors LLP purchased a new position in Manulife Financial during the third quarter worth approximately $30,000. Fortitude Family Office LLC acquired a new stake in Manulife Financial in the third quarter valued at approximately $31,000. Finally, Tsfg LLC increased its position in shares of Manulife Financial by 103.8% in the third quarter. Tsfg LLC now owns 1,404 shares of the financial services provider’s stock valued at $42,000 after buying an additional 715 shares in the last quarter. Institutional investors and hedge funds own 52.56% of the company’s stock.
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.
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