Large-cap Consumer Discretionary company Manulife Financial has logged a 2.4% change today on a trading volume of 2,748,326. The average volume for the stock is 2,670,138.
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. Based in Toronto, Canada the company has 38,000 full time employees and a market cap of $47,559,020,544. Manulife Financial currently offers its equity investors a dividend that yields 5.8% per year.
The company is now trading 6.26% away from its average analyst target price of $24.94 per share. The 1 analysts following the stock have set target prices ranging from $24.94 to $24.94, and on average give Manulife Financial a rating of hold.
Over the last 52 weeks, MFC stock has risen 38.7%, which amounts to a 14.1% difference compared to the S&P 500. The stock's 52 week high is $26.81 whereas its 52 week low is $17.07 per share. Based on Manulife Financial's average net margin growth of 36.2% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,746,000 | 5,607,000 | 83 | 359.38 |
| 2022 | 6,186,000 | -1,979,000 | -32 | -390.91 |
| 2021 | 61,821,000 | 6,912,000 | 11 | 57.14 |
| 2020 | 78,908,000 | 5,576,000 | 7 | 0.0 |
| 2019 | 79,570,000 | 5,502,000 | 7 | -46.15 |
| 2018 | 38,972,000 | 4,887,000 | 13 |
