In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Manulife Financial Corp (NYSE: MFC) closed the day trading at $27.30 down -6.31% from the previous closing price of $29.14. In other words, the price has decreased by -$6.31 from its previous closing price. On the day, 3.94 million shares were traded. MFC stock price reached its highest trading level at $28.49 during the session, while it also had its lowest trading level at $26.78.
Ratios:
For a better understanding of MFC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MFC now has a Market Capitalization of 49542672384 and an Enterprise Value of 46139809792. As of this moment, Manulife’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.14, and their Forward P/E ratio for the next fiscal year is 8.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 1.538 whereas that against EBITDA is 4.841.
Stock Price History:
The Beta on a monthly basis for MFC is 0.99, which has changed by 0.17723155 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, MFC has reached a high of $33.07, while it has fallen to a 52-week low of $22.61. The 50-Day Moving Average of the stock is -8.87%, while the 200-Day Moving Average is calculated to be -6.72%.
Shares Statistics:
Over the past 3-months, MFC traded about 2.54M shares per day on average, while over the past 10 days, MFC traded about 3396620 shares per day. A total of 1.73B shares are outstanding, with a floating share count of 1.72B. Insiders hold about 0.14% of the company’s shares, while institutions hold 51.49% stake in the company. Shares short for MFC as of 1741910400 were 14782616 with a Short Ratio of 5.81, compared to 1739491200 on 40092330.
Dividends & Splits
MFC’s forward annual dividend rate is 1.18, up from 1.6 a year ago. Against a Trailing Annual Dividend Yield of 0.054907344The stock’s 5-year Average Dividend Yield is 4.94. The current Payout Ratio is 56.10% for MFC, which recently paid a dividend on 2024-08-21 with an ex-dividend date of 1741132800. Stock splits for the company last occurred on 2006-06-05 when the company split stock in a 2:1 ratio.
