Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $30.44 in the prior trading day, Manulife Financial Corp (NYSE: MFC) closed at $31.36, up 3.02%. In other words, the price has increased by $3.02 from its previous closing price. On the day, 1.08 million shares were traded. MFC stock price reached its highest trading level at $31.38 during the session, while it also had its lowest trading level at $30.72.
Ratios:
Our goal is to gain a better understanding of MFC by taking a closer 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 54014779392 and an Enterprise Value of 52446609408. As of this moment, Manulife’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.10, and their Forward P/E ratio for the next fiscal year is 9.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 1.749 whereas that against EBITDA is 5.502.
Stock Price History:
The Beta on a monthly basis for MFC is 0.89, which has changed by 0.2980132 over the last 52 weeks, in comparison to a change of 0.10838497 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 4.27%, while the 200-Day Moving Average is calculated to be 8.16%.
Shares Statistics:
The stock has traded on average 2.21M shares per day over the past 3-months and 1809040 shares per day over the last 10 days, according to various share statistics. 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 51.58% stake in the company. Shares short for MFC as of 1740700800 were 45623485 with a Short Ratio of 20.61, compared to 1738281600 on 11179581.
Dividends & Splits
In the trailing 12 months, MFC’s forward annual dividend rate was 1.6, compared to 1.18 this year. Against a Trailing Annual Dividend Yield of 0.05256242The stock’s 5-year Average Dividend Yield is 4.98. 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.
