Getting to Know the Facts About Manulife Financial

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.