For fiscal 2024, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $2.74 per share. MFC boasts an average earnings surprise of 8.1%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, MFC should be on investors' short list. For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style ...

The offering is expected to close on June 19, 2024. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com. Manulife may, with the prior approval of the Superintendent of Financial Institutions (Canada), redeem the Notes in whole, but not in part, on June 19, 2029 and on any interest payment date thereafter at a redemption price equal to par, together with accrued and unpaid interest to, but excluding, the date fixed for redemption. The Notes will constit ...

Core Insights - Manulife Financial Corporation (MFC) has outperformed the S&P 500 with a 1-year total return exceeding 40% while maintaining a reasonable valuation grade of "C+" [1] - The company benefits from strong growth opportunities in Asia and stable earnings from North American insurance and wealth management, particularly in a prolonged high-interest rate environment [2] Financial Performance - Manulife reported a 21% increase in annualized premium equivalent sales and a 20% surge in core EPS, achieving a core ROE of 16.7%, surpassing its medium-term target of 15%+ [4] - The adjusted book value per common share rose by 11% to $33.39, supported by a strong balance sheet and a LICAT ratio of nearly 140%, providing financial flexibility for capital return strategies [5] Growth Drivers - The company experienced a 13% increase in overall annualized premium equivalent (APE) in Asia, with significant growth in bank assurance sales in mainland China, Singapore, and Japan, despite some weakness in Hong Kong and Vietnam [6][7] - Manulife's Global Wealth and Asset Management (WAM) segment saw a 55% year-over-year increase in net inflows, totaling $6.7 billion in Q1, contributing to a core EBITDA margin of 25.5% and a 25% growth in core earnings [10] Valuation and Market Position - MFC's valuation has become less attractive but remains relatively discounted compared to its financial sector peers, with a forward core EPS multiple of 9.5x, nearly 10% below the sector median [12][13] - The company offers a robust forward dividend yield of over 4.5%, approximately 25% above the sector median, appealing to income investors [14] Stock Performance and Outlook - MFC's stock has shown strong momentum, consistently forming higher lows and highs, indicating a constructive price action [16] - Despite potential profit-taking after a significant recovery, there are no immediate bearish signals, suggesting that further downside volatility could present buying opportunities [17][18]

It has been about a month since the last earnings report for Manulife Financial (MFC) . Shares have added about 0.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Manulife due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Manulife Q1 Earnings Top Estimates, APE S ...

Subject to certain conditions described in the prospectus supplement dated February 18, 2014 relating to the issuance of the Series 15 Preferred Shares, Manulife may redeem the Series 15 Preferred Shares, in whole or in part, on June 19, 2029 and on June 19 every five years thereafter. The Series 15 Preferred Shares have not been and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Score ...

It has a VGM Score of A. Growth Drivers Manulife Financial Corporation (MFC) shares have rallied 18.5% year to date, outperforming the industry's increase of 9.6%, the Finance sector's increase of 3.9% and the S&P 500 composite's rise of 11.5%. With a market capitalization of $47.2 billion, the average volume of shares traded in the last three months was 3.1 million. The strength of its Asia business, expanding Wealth and Asset Management business and solid capital position continue to drive this Zacks Rank ...

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 21, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 15 (the "Series 15 Preferred Shares") (TSX: MFC.PR.L) and Non-cumulative Floating Rate Class 1 Shares Series 16 (the "Series 16 Preferred Shares"). With respect to any Series 15 Preferred Shares that remain outstanding after June 19, 2024, holders thereof will be entitled t ...

What are the Zacks Style Scores? It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also inc ...

Announces longevity preparedness research; builds on insurer's commitment to help people live longer, healthier, better lives BOSTON, May 14, 2024 /PRNewswire/ - John Hancock, along with its Toronto-based parent company Manulife (NYSE: MFC), today announced a five-year, multimillion-dollar research collaboration with the Massachusetts Institute of Technology (MIT) AgeLab, a multi-disciplinary research institute that works with business, government, and NGOs, leading innovation and research to help improve t ...