Q1 Earnings Forecast for TSE:MFC Issued By Desjardins

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Analysts at Desjardins issued their Q1 2025 EPS estimates for Manulife Financial in a research note issued on Thursday, February 20th. Desjardins analyst D. Young anticipates that the financial services provider will post earnings per share of $1.02 for the quarter. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share. Desjardins also issued estimates for Manulife Financial’s Q2 2025 earnings at $1.01 EPS, Q3 2025 earnings at $1.08 EPS, Q4 2025 earnings at $1.05 EPS, FY2025 earnings at $4.15 EPS and FY2026 earnings at $4.50 EPS.

MFC has been the topic of a number of other research reports. Barclays raised their price objective on shares of Manulife Financial from C$40.00 to C$47.00 in a research note on Monday, January 6th. TD Securities raised their price objective on shares of Manulife Financial from C$48.00 to C$49.00 and gave the company a “buy” rating in a research note on Thursday, February 20th. CIBC raised their price objective on shares of Manulife Financial from C$47.00 to C$48.00 in a research note on Friday, February 21st. Scotiabank raised their price objective on shares of Manulife Financial from C$48.00 to C$49.00 in a research note on Friday, November 8th. Finally, Jefferies Financial Group raised their price objective on shares of Manulife Financial from C$50.00 to C$51.00 in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$45.60.

Manulife Financial Price Performance

TSE MFC opened at C$43.97 on Monday. Manulife Financial has a 12 month low of C$31.24 and a 12 month high of C$46.42. The firm has a market capitalization of C$77.12 billion, a PE ratio of 13.68, a P/E/G ratio of 1.01 and a beta of 1.06. The company’s 50 day simple moving average is C$43.49 and its 200 day simple moving average is C$41.72.

Insiders Place Their Bets

In other Manulife Financial news, Director Kenneth Michael Ross sold 4,243 shares of Manulife Financial stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of C$45.80, for a total transaction of C$194,315.82. 0.03% of the stock is currently owned by company insiders.

Manulife Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be given a $0.44 dividend. This is a positive change from Manulife Financial’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a yield of 4.00%. Manulife Financial’s payout ratio is 49.79%.

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.