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Manulife Financial Corp (NYSE: MFC) closed the day trading at $30.64 down -3.89% from the previous closing price of $31.88. In other words, the price has decreased by -$3.89 from its previous closing price. On the day, 1.92 million shares were traded. MFC stock price reached its highest trading level at $31.57 during the session, while it also had its lowest trading level at $30.62.
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 52539629568 and an Enterprise Value of 51388239872. As of this moment, Manulife’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.98, and their Forward P/E ratio for the next fiscal year is 9.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.712 whereas that against EBITDA is 5.721.
Stock Price History:
The Beta on a monthly basis for MFC is 0.99, which has changed by 0.13734221 over the last 52 weeks, in comparison to a change of 0.11708844 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 $23.30. The 50-Day Moving Average of the stock is -2.59%, while the 200-Day Moving Average is calculated to be 0.10%.
Shares Statistics:
Over the past 3-months, MFC traded about 2.46M shares per day on average, while over the past 10 days, MFC traded about 2534360 shares per day. A total of 1.72B shares are outstanding, with a floating share count of 1.71B. Insiders hold about 0.16% of the company’s shares, while institutions hold 51.39% stake in the company. Shares short for MFC as of 1749772800 were 6150016 with a Short Ratio of 2.50, compared to 1747267200 on 59359990.
Dividends & Splits
MFC’s forward annual dividend rate is 1.20, up from 1.64 a year ago. Against a Trailing Annual Dividend Yield of 0.05144291The stock’s 5-year Average Dividend Yield is 4.83. The current Payout Ratio is 56.10% for MFC, which recently paid a dividend on 2024-08-21 with an ex-dividend date of 1747785600. Stock splits for the company last occurred on 2006-06-05 when the company split stock in a 2:1 ratio.
Earnings Estimates
Manulife Financial Corp (MFC) is presently subject to a detailed evaluation by 9.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $1.05, with high estimates of $1.09 and low estimates of $1.01.
Analysts are recommending an EPS of between $4.15 and $3.98 for the fiscal current year, implying an average EPS of $4.07. EPS for the following year is $4.39, with 13.0 analysts recommending between $4.56 and $3.83.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for MFC’s current fiscal year. The highest revenue estimate was $53.88B, while the lowest revenue estimate was $39.79B, resulting in an average revenue estimate of $46.83B. In the same quarter a year ago, actual revenue was $53.29BBased on 2 analysts’ estimates, the company’s revenue will be $49.22B in the next fiscal year. The high estimate is $55.41B and the low estimate is $43.04B.
