Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Manulife Financial Corporation (MFC) has inked a $5.4 billion reinsurance agreement with Reinsurance Group of America (RGA) . This strategic move is intended to optimize the portfolio and release capital to distribute wealth to its shareholders.  The deal is priced at 11.4 times the core earnings multiple and bears testimony to its prudent LTC reserves and assumptions.Per the transaction, Manulife has reinsured its $2.4 billion of long-term care (LTC) reserves by RGA on a full-risk transfer basis. This repr ...

C$ unless otherwise stated                                                                                   TSX/NYSE/PSE: MFC     SEHK: 945TORONTO, Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) and Non-cumulative Floating Rate Class 1 Shares Series 18 (the "Series 18 Preferred Shares").With respect to any Series 17 Preferred S ...

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945Board names Phil Witherington, Manulife Asia CEO, as SuccessorTORONTO, Nov. 18, 2024 /PRNewswire/ - Manulife Financial Corporation's (MFC) Board today announced that President and Chief Executive Officer Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the Board of Directors at that time. To support this transition, fo ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

Have you been paying attention to shares of Manulife Financial (MFC) ? Shares have been on the move with the stock up 7.3% over the past month. The stock hit a new 52-week high of $32.94 in the previous session. Manulife Financial has gained 46.1% since the start of the year compared to the 23.3% move for the Zacks Finance sector and the 30.4% return for the Zacks Insurance - Life Insurance industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't m ...

Manulife Financial Corporation (NYSE:MFC) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Hung Ko - Vice President of Investor Relations Roy Gori - President & Chief Executive Officer Colin Simpson - Chief Financial Officer Trevor Kreel - Chief Investment Officer Steve Finch - Chief Actuary Marc Costantini - Global Head of Inforce Management Phil Witherington - President & Chief Executive Officer, Manulife Asia Conference Call Participants Meny Grauman - Scotiabank Tom Gall ...

Manulife Financial Corporation (MFC) delivered third-quarter 2024 core earnings of 73 cents per share, which beat the Zacks Consensus Estimate by 4.3%. The bottom line improved 5.7% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Core earnings of $1.3 billion (C$1.8 billion) remained unchanged year over year. The results reflected strong business growth led by Global WAM and Asia, and a lower net charge in the provision for Expected Credit Loss (ECL), more than offset ...

| --- | --- | |------------------------------------------------|-------| | | | | | | | Third Quarter Report to | | | Shareholders | | | | | | Three and nine months ended September 30, 2024 | | | Manulife Financial Corporation | | Manulife Financial Corporation ("Manulife" or the "Company") reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results 1. Key highlights for the third quarter of 2024 ("3Q24") include: • Core earni ...

TSX/NYSE/PSE: MFC SEHK: 945C$ unless otherwise statedTORONTO, Nov. 6, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results1.Key highlights for the third quarter of 2024 ("3Q24") include: Core earnings2 of $1.8 billion, up 4% on a constant exchange rate basis3 from the third quarter of 2023 ("3Q23") Net income attributed to shareholders of ...