What is Cormark’s Forecast for TSE:MFC FY2026 Earnings?

Manulife Financial Co. (TSE:MFC) (NYSE:MFC) – Stock analysts at Cormark issued their FY2026 earnings estimates for shares of Manulife Financial in a research note issued on Tuesday, February 4th. Cormark analyst L. Persaud expects that the financial services provider will post earnings of $4.47 per share for the year. The consensus estimate for Manulife Financial’s current full-year earnings is $3.61 per share.

Manulife Financial (TSE:MFC) (NYSE:MFC) last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported C$1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.95 by C$0.05. Manulife Financial had a return on equity of 10.41% and a net margin of 17.34%. During the same quarter last year, the business posted $0.92 EPS.

Other equities analysts have also issued reports about the stock. Scotiabank raised their price objective on shares of Manulife Financial from C$48.00 to C$49.00 in a research report on Friday, November 8th. Barclays increased their price objective on Manulife Financial from C$40.00 to C$47.00 in a research report on Monday, January 6th. Jefferies Financial Group raised their price target on Manulife Financial from C$50.00 to C$51.00 in a report on Thursday, January 30th. TD Securities boosted their price objective on Manulife Financial from C$45.00 to C$48.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, CIBC raised their target price on shares of Manulife Financial from C$46.00 to C$47.00 in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$44.55.

Manulife Financial Stock Up 0.5 %

MFC stock opened at C$42.74 on Wednesday. The stock has a 50-day simple moving average of C$44.09 and a two-hundred day simple moving average of C$40.94. Manulife Financial has a twelve month low of C$29.61 and a twelve month high of C$46.42. The firm has a market capitalization of C$75.65 billion, a PE ratio of 18.19, a PEG ratio of 1.01 and a beta of 1.06. The company has a quick ratio of 2.58, a current ratio of 36.68 and a debt-to-equity ratio of 49.60.

Insider Transactions at Manulife Financial

In other Manulife Financial news, Senior Officer Steve Finch sold 11,598 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of C$46.07, for a total value of C$534,308.26. Also, Director Brooks Tingle sold 3,866 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of C$46.07, for a total transaction of C$178,102.75. Over the last quarter, insiders have sold 77,771 shares of company stock worth $3,508,584. Company insiders own 0.03% of the company’s stock.

Manulife Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 20th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date was Wednesday, November 20th. Manulife Financial’s payout ratio is presently 68.09%.

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.