Manulife Financial Corporation (MFC) EPS Estimated At $0.45

January 13, 2018 - By Darrin Black

 Manulife Financial Corporation (MFC) EPS Estimated At $0.45

Analysts expect Manulife Financial Corporation (NYSE:MFC) to report $0.45 EPS on February, 8.They anticipate $0.02 EPS change or 4.26 % from last quarter’s $0.47 EPS. MFC’s profit would be $877.22M giving it 12.12 P/E if the $0.45 EPS is correct. After having $0.43 EPS previously, Manulife Financial Corporation’s analysts see 4.65 % EPS growth. The stock increased 0.60% or $0.13 during the last trading session, reaching $21.81. About 2.53M shares traded or 34.34% up from the average. Manulife Financial Corporation (NYSE:MFC) has risen 24.00% since January 13, 2017 and is uptrending. It has outperformed by 7.30% the S&P500.

Manulife Financial Corporation (NYSE:MFC) Ratings Coverage

Among 6 analysts covering Manulife Financial Corp. (NYSE:MFC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Manulife Financial Corp. has $28.0 highest and $24 lowest target. $26.60’s average target is 21.96% above currents $21.81 stock price. Manulife Financial Corp. had 10 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Monday, November 13 with “Equal-Weight”. The company was maintained on Thursday, October 5 by Morgan Stanley. The firm has “Sector Perform” rating by IBC given on Thursday, August 4. The stock of Manulife Financial Corporation (NYSE:MFC) earned “Buy” rating by Dundee Securities on Wednesday, September 21. On Wednesday, August 24 the stock rating was initiated by Bank of America with “Buy”. On Friday, November 13 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Manulife Financial Corporation (NYSE:MFC) has “Outperform” rating given on Friday, August 7 by RBC Capital Markets. The company was maintained on Friday, August 7 by TD Securities.

Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company has market cap of $42.52 billion. It offers various individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. It has a 14.87 P/E ratio. The firm also provides pension contracts and mutual fund services and products; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products.

More notable recent Manulife Financial Corporation (NYSE:MFC) news were published by: Fool.ca which released: “Why Manulife Financial Corp. Is Down Over 2%” on August 11, 2017, also Fool.ca with their article: “Manulife Financial Corp.: Should You Buy After a Solid Q3 2017?” published on November 10, 2017, Fool.ca published: “Why Manulife Financial Corp. Jumped 4.13% on Thursday” on November 11, 2017. More interesting news about Manulife Financial Corporation (NYSE:MFC) were released by: Fool.ca and their article: “Why I’m Bullish on Manulife Financial Corp. Over the Long Term” published on June 27, 2017 as well as Fool.ca‘s news article titled: “Manulife Financial Corp. Is a Buy Regardless of What Happens With John Hancock” with publication date: July 17, 2017.

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