Quote Overview

Stock Activity

Open	24.14
Day Low	24.14
Day High	24.29
52 Wk Low	17.07
52 Wk High	25.14
Avg. Volume	2,915,026
Market Cap	43.53 B
Dividend	1.19 ( 4.91%)
Beta	1.08

Key Earnings Data

Earnings ESP	-1.89%
Most Accurate Est	0.65
Current Qtr Est	0.66
Current Yr Est	2.70
Exp Earnings Date	^*AMC5/8/24
Prior Year EPS	2.57
Exp EPS Growth (3-5yr) 10.00%
Forward PE	8.97
PEG Ratio	0.90

Finance » Insurance - Life Insurance

*BMO = Before Market Open *AMC = After Market Close

Research Reports for MFC

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Style Scores A Value F Growth B Momentum B VGM
Zacks Rank	Hold 3
Zacks Industry Rank	Bottom 24%(192 out of 252)
Zacks Sector Rank	Bottom 25% (12 out of 16)
Earnings ESP	-1.89%
Research Reports for MFC Analyst \| Snapshot

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Manulife Financial Corp	MFC
Reinsurance Group of America	RGA
NN Group	NNGRY
Brighthouse Financial	BHF
Citizens	CIA
Lincoln National	LNC
Primerica	PRI

See all Insurance - Life Insurance Peers

Zacks News for MFC

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Company Summary

Headquartered in Toronto, Canada, Manulife Financial Corporation was founded in 1887. Manulife is one of the three dominant life insurers within its domestic Canadian market and possesses rapidly growing operations in the U.S. and several Asian countries. Manulife reports earnings through six divisions and has five major operating divisions – Asia, Canada, U.S. Insurance and U.S. Wealth Management, and Corporate.

The Global Wealth and Asset Management (19.8% of 2023 segment core earnings) offers a broad range of personal and family-oriented wealth management products and services focused on individuals and business markets. The segment has three core business lines – John Hancock Wealth Asset Management, John Hancock Variable Annuities and John Hancock Fixed Products. Corporate and Other is comprised of the earnings on assets backing capital.

The Canadian division (22.2%) is one of the leading insurance-based financial services organizations in Canada. The segment offers a diverse portfolio of products, services and distribution channels. The segment also markets life, health and specialty products, such as travel insurance, to consumers through a number of alternative distribution channels. In addition, through Manulife Bank, the segment offers a variety of lending products including fixed and variable rate mortgages.

The U.S. Insurance (26.3%) provides life and long-term care insurance products and services to select markets. John Hancock Life (“Life”) focuses on high net worth and emerging affluent markets. John Hancock Long-Term Care (“LTC”) currently offers a portfolio of individual products designed for middle income groups in affluent markets.

Through The Asia division (30.6%), Manulife Financial has been operating in Asia since 1897, beginning in Hong Kong and the Philippines and expanding thereafter into Singapore, Indonesia, Taiwan, China, Japan, Vietnam, Malaysia and Thailand. The segment provides protection and wealth management products in select markets throughout the region.

Corporate and Other (1.1%) comprised of investment performance of assets backing capital, net of amounts allocated to operating segments, costs incurred by the corporate office related to shareholder activities, financing costs, property and casualty reinsurance business and run-off reinsurance operations.