Manulife Financial Co. (TSE:MFC) Given Consensus Rating of “Hold” by Analysts
Manulife Fiscal Co. (TSE:MFC – Get Rating) (NYSE:MFC) has gained an ordinary suggestion of “Maintain” from the twelve scores firms that are covering the company, MarketBeat.com reviews. Five equities investigation analysts have rated the inventory with a maintain recommendation, one particular has presented a buy advice and a person has assigned a powerful obtain suggestion to the organization. The average 12-thirty day period selling price goal amongst brokers that have covered the stock in the last year is C$27.05.
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MFC has been the subject matter of a number of modern analyst reviews. Evercore ISI dropped their concentrate on selling price on shares of Manulife Fiscal to C$24.00 and set a “keep” score on the stock in a report on Monday, Oct 31st. CSFB boosted their focus on rate on shares of Manulife Economic from C$25.00 to C$27.00 in a report on Thursday, February 2nd. CIBC greater their value target on Manulife Financial from C$23.00 to C$27.00 in a study report on Wednesday, January 25th. Cormark enhanced their value target on Manulife Economical from C$25.00 to C$27.00 in a research report on Monday, January 23rd. Last but not least, Canaccord Genuity Group elevated their rate goal on Manulife Economical from C$23.50 to C$24.50 in a study report on Friday, November 11th.
Insider Getting and Providing
In related information, Director Simonetta Vendittelli offered 3,090 shares of the business’s stock in a transaction dated Tuesday, November 15th. The inventory was sold at an regular price of C$23.58, for a full transaction of C$72,867.86. Pursuing the completion of the transaction, the director now right owns 1,079 shares in the company, valued at C$25,444.80. In relevant news, Director Simonetta Vendittelli bought 3,090 shares of the business’s inventory in a transaction dated Tuesday, November 15th. The stock was offered at an common value of C$23.58, for a total transaction of C$72,867.86. Pursuing the completion of the transaction, the director now directly owns 1,079 shares in the business, valued at C$25,444.80. Also, Senior Officer Steve Finch bought 13,926 shares of the business’s inventory in a transaction dated Monday, November 14th. The inventory was bought at an average value of C$23.43, for a overall value of C$326,340.49. Subsequent the transaction, the insider now owns 17,618 shares of the company’s inventory, valued at C$412,858.45.
Manulife Economical Inventory Efficiency
Shares of Manulife Fiscal inventory opened at C$25.82 on Tuesday. The corporation has a brief ratio of 2.58, a present ratio of 7.04 and a debt-to-fairness ratio of 44.70. Manulife Monetary has a twelve thirty day period lower of C$20.81 and a twelve thirty day period high of C$28.09. The stock has a market cap of C$48.41 billion and a rate-to-earnings ratio of 6.89. The firm’s fifty working day moving regular is C$24.79 and its 200 day transferring normal is C$23.51.
Manulife Fiscal (TSE:MFC – Get Ranking) (NYSE:MFC) final issued its quarterly earnings knowledge on Wednesday, November 9th. The economic providers company reported C$.67 earnings for every share for the quarter, missing the consensus estimate of C$.72 by C($.05). The organization had profits of C$7.78 billion for the quarter, as opposed to the consensus estimate of C$14.74 billion. Sell-side analysts forecast that Manulife Money will submit 3.2699999 EPS for the existing 12 months.
Manulife Money Announces Dividend
The business also not too long ago introduced a quarterly dividend, which was paid on Monday, December 19th. Investors of file on Tuesday, November 22nd were being supplied a dividend of $.33 for each share. This represents a $1.32 annualized dividend and a generate of 5.11{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}. The ex-dividend day of this dividend was Monday, November 21st. Manulife Financial’s payout ratio is 35.20{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}.
Manulife Economical Company Profile
Manulife Economic Company, jointly with its subsidiaries, presents economic items and services in Asia, Canada, the United States, and internationally. The company operates via Prosperity and Asset Administration Firms Insurance coverage and Annuity Solutions And Company and Other segments. The Prosperity and Asset Management Firms segment offers mutual money and trade-traded funds, team retirement and personal savings solutions, and institutional asset administration companies as a result of brokers and brokers affiliated with the enterprise, securities brokerage companies, and money advisors pension approach consultants and banking institutions.
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