Manulife Financial Stock Forecast & Predictions: 1Y Price Target $40.00 | Buy or Sell NYSE: MFC 2024 (2024)

FAQs

Is Manulife Financial a buy or sell? ›

Is MFC a Buy, Sell or Hold? Manulife Financial Corp has a consensus rating of Moderate Buy which is based on 6 buy ratings, 3 hold ratings and 0 sell ratings.

MFC Stock 12 Month Forecast

Based on 9 Wall Street analysts offering 12 month price targets for Manulife Financial in the last 3 months. The average price target is C$39.26 with a high forecast of C$42.75 and a low forecast of C$34.80. The average price target represents a 6.89% change from the last price of C$36.73.

The Wall Street analyst predicted that Manulife Financial's share price could reach $40.00 by Jun 28, 2025. The average Manulife Financial stock price prediction forecasts a potential upside of 47.82% from the current MFC share price of $27.06.

Overall, experts generally have a positive outlook on Manulife Financial (MFC-T).

Manulife Financial Corporation MFC is set to gain from the strength of its Asia business, its expanding Wealth and Asset Management business and a solid capital position. These, along with solid growth projections, make the stock worth retaining.

Manulife common shares were split on a two for one basis by way of stock dividend effective June 2, 2006.

The all-time high Manulife Financial Corp stock closing price was 27.61 on August 30, 2024.

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.0. Our premium tools have predicted Manulife Financial Corp.

Manulife Financial's upcoming ex-dividend date is on Aug 21, 2024. Manulife Financial shareholders who own TSE:MFC stock before this date will receive Manulife Financial's next dividend payment of C$0.4 per share on Sep 19, 2024. Add TSE:MFC to your watchlist to be reminded before Manulife Financial's ex-dividend date.

During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, MFC presents a compelling investment opportunity; it's not only an attractive dividend play, but the stock also boasts a strong Zacks Rank of #2 (Buy).

Is Manulife dividend safe? ›

Manulife stock's dividend should be safe and the stock appears to be fairly valued.

The Rating Outlook for Manulife and its operating subsidiaries is Stable. This rating action reflects the company's continued actions to reduce exposure to legacy blocks of business which Fitch views as riskier.

MFI Stock Forecast FAQ

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MFA Financial has 7.10% upside potential, based on the analysts' average price target. Is MFA a Buy, Sell or Hold? MFA Financial has a consensus rating of Strong Buy which is based on 3 buy ratings, 1 hold ratings and 0 sell ratings.

Trinseo's analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.

Blackstone Group's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.