Manulife Financial Corporation (MFC) EPS Estimated At $0.45

January 8, 2018 - By Hazel Jackson

 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 $877.24 million giving it 11.94 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 0.42% or $0.09 during the last trading session, reaching $21.49. About 1.56 million shares traded. Manulife Financial Corporation (NYSE:MFC) has risen 24.00% since January 8, 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. had 10 analyst reports since July 29, 2015 according to SRatingsIntel. TD Securities maintained Manulife Financial Corporation (NYSE:MFC) rating on Friday, August 7. TD Securities has “Buy” rating and $27 target. RBC Capital Markets maintained it with “Outperform” rating and $26 target in Friday, August 7 report. Morgan Stanley maintained Manulife Financial Corporation (NYSE:MFC) on Monday, November 13 with “Equal-Weight” rating. The firm has “Buy” rating by Dundee Securities given on Wednesday, September 21. The rating was initiated by Bank of America on Wednesday, August 24 with “Buy”. The stock of Manulife Financial Corporation (NYSE:MFC) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 5. RBC Capital Markets maintained it with “Outperform” rating and $28.0 target in Friday, November 13 report. The stock of Manulife Financial Corporation (NYSE:MFC) earned “Sector Perform” rating by IBC on Thursday, August 4.

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 $41.89 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 14.81 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: “4 Great Reasons to Consider Manulife Financial Corp.” on September 28, 2017, also Fool.ca with their article: “Manulife Financial Corp.: A Great International Investment” published on December 26, 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: “Buy Manulife Financial Corp. Before John Hancock Is Exited?” with publication date: September 27, 2017.

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