Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) is projected to release its Q2 2025 earnings data after the market closes on Wednesday, August 6th. Analysts expect Manulife Financial to post earnings of $0.70 per share for the quarter.
Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last announced its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). Manulife Financial had a return on equity of 15.84% and a net margin of 9.58%. The business had revenue of $1.49 billion during the quarter. During the same period last year, the firm earned $0.94 earnings per share. On average, analysts expect Manulife Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Manulife Financial Stock Up 1.4%
Shares of MFC stock opened at $30.89 on Tuesday. The stock has a fifty day moving average of $31.29 and a 200 day moving average of $30.55. Manulife Financial has a 52 week low of $23.30 and a 52 week high of $33.07. The firm has a market capitalization of $52.62 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 1.03 and a beta of 1.01.
Manulife Financial Increases Dividend
Hedge Funds Weigh In On Manulife Financial
Institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its holdings in shares of Manulife Financial by 179.7% during the first quarter. AQR Capital Management LLC now owns 28,362 shares of the financial services provider’s stock valued at $872,000 after acquiring an additional 18,222 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Manulife Financial by 18.7% during the first quarter. Empowered Funds LLC now owns 56,418 shares of the financial services provider’s stock valued at $1,757,000 after acquiring an additional 8,900 shares in the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of Manulife Financial by 33.9% during the fourth quarter. Brighton Jones LLC now owns 9,393 shares of the financial services provider’s stock valued at $288,000 after acquiring an additional 2,376 shares in the last quarter. Institutional investors own 52.56% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Morgan Stanley set a $46.00 price objective on Manulife Financial in a report on Monday, May 19th.
Check Out Our Latest Stock Report on Manulife Financial
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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