EPS for Manulife Financial Corporation (MFC) Expected At $0.45

January 13, 2018 - By Kurt Siggers

 EPS for Manulife Financial Corporation (MFC) Expected 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 2.53 million 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 RBC Capital Markets with “Outperform” on Friday, November 13. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, October 5 report. The rating was initiated by Bank of America with “Buy” on Wednesday, August 24. The stock of Manulife Financial Corporation (NYSE:MFC) has “Buy” rating given on Friday, August 7 by TD Securities. The firm has “Buy” rating by Dundee Securities given on Wednesday, September 21. The company was maintained on Monday, November 13 by Morgan Stanley. The stock of Manulife Financial Corporation (NYSE:MFC) earned “Sector Perform” rating by IBC on Thursday, August 4. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 7.

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 I’m Bullish on Manulife Financial Corp. Over the Long Term” on June 27, 2017, also Fool.ca with their article: “Manulife Financial Corp. Is a Buy Regardless of What Happens With John Hancock” published on July 17, 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: “2 Reasons to Buy Manulife Financial Corp. and Sun Life Life Financial Inc.” published on November 14, 2017 as well as Fool.ca‘s news article titled: “Should You Buy Manulife Financial Corp. After its Solid Q2 Earnings Beat?” with publication date: August 10, 2017.

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