Analyzing MFC Stock – Market Insights

By Tamara Parker • Wednesday, November 26 15:19 • Permanent Link

Manulife Financial logged a -0.2% change during today's afternoon session, and is now trading at a price of $34.91 per share. The S&P 500 index moved 1.0%. MFC's trading volume is 1,426,784 compared to the stock's average volume of 1,931,934.

Manulife Financial trades 10.27% away from its average analyst target price of $31.66 per share. The 2 analysts following the stock have set target prices ranging from $29.165775 to $34.160435, and on average have given Manulife Financial a rating of buy.

If you are considering an investment in MFC, you'll want to know the following:

Manulife Financial has moved 10.7% over the last year, and the S&P 500 logged a change of 12.8%
Based on its trailing earnings per share of 2.21, Manulife Financial has a trailing 12 month Price to Earnings (P/E) ratio of 15.8 while the S&P 500 average is 29.3
MFC has a forward P/E ratio of 11.8 based on its forward 12 month price to earnings (EPS) of $2.95 per share
Its Price to Book (P/B) ratio is 1.21 compared to its sector average of 1.78
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally.
Based in Toronto, the company has 37,000 full time employees and a market cap of $58.83 Billion. Manulife Financial currently returns an annual dividend yield of 4.9%.

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.