FY2026 EPS Forecast for Manulife Financial Raised by Analyst

Manulife Financial Co. (NYSE:MFC) (TSE:MFC) – Research analysts at Cormark raised their FY2026 earnings per share (EPS) estimates for shares of Manulife Financial in a note issued to investors on Thursday, February 20th. Cormark analyst L. Persaud now expects that the financial services provider will earn $3.18 per share for the year, up from their previous forecast of $3.08. The consensus estimate for Manulife Financial’s current full-year earnings is $2.88 per share.

Manulife Financial (NYSE:MFC) (TSE:MFC) last announced its earnings results on Wednesday, February 19th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.07. Manulife Financial had a net margin of 10.08% and a return on equity of 16.15%. The business had revenue of $9.31 billion for the quarter.

Manulife Financial Stock Performance

Shares of MFC opened at $31.83 on Friday. Manulife Financial has a 52 week low of $22.61 and a 52 week high of $33.07. The firm has a market capitalization of $54.84 billion, a P/E ratio of 15.37, a P/E/G ratio of 1.04 and a beta of 1.09. The company has a 50-day simple moving average of $30.33 and a 200-day simple moving average of $29.71.

Institutional Trading of Manulife Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Franklin Resources Inc. increased its holdings in Manulife Financial by 16.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,988,200 shares of the financial services provider’s stock valued at $61,426,000 after buying an additional 279,418 shares during the period. Sanctuary Advisors LLC increased its stake in Manulife Financial by 148.9% in the third quarter. Sanctuary Advisors LLC now owns 73,346 shares of the financial services provider’s stock valued at $2,382,000 after acquiring an additional 43,877 shares during the period. AEGON ASSET MANAGEMENT UK Plc raised its position in Manulife Financial by 14.9% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 88,631 shares of the financial services provider’s stock worth $2,719,000 after purchasing an additional 11,509 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in Manulife Financial during the third quarter worth about $13,318,000. Finally, DRW Securities LLC acquired a new stake in Manulife Financial during the third quarter valued at approximately $1,008,000. 52.56% of the stock is currently owned by institutional investors.

Manulife Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.3094 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Wednesday, March 5th. This is a positive change from Manulife Financial’s previous quarterly dividend of $0.30. Manulife Financial’s dividend payout ratio (DPR) is presently 59.42%.

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.