Manulife Financial Corp (NYSE:MFC) Earns Daily Media Impact Rating of 0.20
News articles about Manulife Financial Corp (NYSE:MFC) (TSE:MFC) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Manulife Financial Corp earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.2508795905832 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Manulife Financial Corporation (MFC) Investment Up in Latest Report from Toronto Dominion Bank – Modern Readers (modernreaders.com)
- Manulife Financial Corp (MFC) Ex-Dividend Date Scheduled for August 18, 2017 – Nasdaq (nasdaq.com)
- Earnings Review and Free Research Report: MetLife’s Q2 Bottom-line Surged 57% Y-o-Y; Outshined Forecasts (finance.yahoo.com)
- Manulife completes Subordinated Debenture offering (finance.yahoo.com)
- Manulife Financial Corp (MFC) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
MFC has been the topic of several research analyst reports. ValuEngine cut Manulife Financial Corp from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub upgraded Manulife Financial Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th. Zacks Investment Research upgraded Manulife Financial Corp from a “sell” rating to a “hold” rating and set a $22.00 price objective for the company in a research note on Monday, July 10th. Finally, National Bank Financial restated a “sector perform overweight” rating on shares of Manulife Financial Corp in a research note on Wednesday, May 3rd. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Manulife Financial Corp presently has an average rating of “Buy” and a consensus price target of $23.33.
Shares of Manulife Financial Corp (NYSE MFC) traded down 1.56% on Friday, hitting $19.47. The stock had a trading volume of 2,501,875 shares. The firm’s 50-day moving average price is $19.90 and its 200 day moving average price is $18.40. Manulife Financial Corp has a 12 month low of $13.29 and a 12 month high of $20.84. The firm has a market cap of $38.51 billion, a P/E ratio of 13.50 and a beta of 1.30.
Manulife Financial Corp (NYSE:MFC) (TSE:MFC) last released its earnings results on Wednesday, August 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. The company had revenue of $12.34 billion during the quarter, compared to analysts’ expectations of $16.09 billion. During the same quarter in the previous year, the firm posted $0.40 earnings per share. Analysts anticipate that Manulife Financial Corp will post $1.77 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Tuesday, August 22nd will be given a dividend of $0.1621 per share. This represents a $0.65 dividend on an annualized basis and a yield of 3.33%. This is a boost from Manulife Financial Corp’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, August 18th. Manulife Financial Corp’s payout ratio is 43.48%.
Manulife Financial Corp Company Profile
Manulife Financial Corporation (MFC) is a holding company of The Manufacturers Life Insurance Company (MLI), which is a life insurance company, and John Hancock Reassurance Company Ltd. (JHRECO), which is a reinsurance company. The Company operates as a financial services company with principal operations in Asia, Canada and the United States.
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