Manulife Financial Stock News

Manulife (MFC) Q4 results reflect expense management in Hong Kong, higher volumes in individual insurance, favorable product mix and strong international sales.

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The firm''s latest financial results show a surge in global wealth management inflows

Manulife Financial Corp sees the higher inflation and interest rates expected this year as generally positive, and can at least partly offset the former through increased premiums, executives told a p

By Nichola Saminather and Sohini Podder (Reuters) Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong growth in their asset management units, but Sun Life warned that the spread of the Omicron variant will impact first-quarter earnings.

(Reuters) Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong growth in their asset management units, but Sun Life warned that the spread of the Omicron variant will impact first-quarter earnings. Government stimulus and pandemic savings over the past year have sparked a boom in Read More

Manulife Financial Corp. (MFC) shares closed today at 1.0% below its 52 week high of $21.47, giving the company a market cap of $41B. The stock is currently up 10.8% year-to-date, up 15.4% over the past 12 months, and up 39.1% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 fell 0.4%. Trading Activity Trading volume this week was 14.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 84.9% The company's stock price performance over the past 12 months beats the peer average by 51.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

TORONTO - Manulife Financial Corp. says it earned record profits last year as fourth-quarter net income increased 17 per cent to $2.08 billion.

Manulife Financial on Wednesday reported fourth-quarter core earnings that beat analysts'' expectations as new businesses and wealth and asset management profit growth helped offset declines in Canada and the United States. Canada''s biggest life insurer reported core earnings of C$1.7 billion ($1.34 billion), or 84 Canadian cents per share, in the three months ended Dec. 31, from C$1.47 billion, or 74 Canadian cents per share, a year earlier. Analysts on average had expected a profit of 82 Canadian cents per share, according to IBES data from Refinitiv.

Manulife Financial (NYSE:MFC) declares CAD 0.33/share quarterly dividend, 17.9% increase from prior dividend of CAD 0.28.Forward yield 4.89%Payable March 21; for shareholders of record Feb.

Manulife Financial press release (MFC): Q4 Non-GAAP EPS of $0.84 beats by $0.02.Core ROE of 13.0% in 2021 and 12.7% in 4Q21, and ROE of 14.2% in 2021 and 15.6% in 4Q21NBV of $2.2

Related Stocks: SUI , CIGI , EQIX , QSR , MFC , TCN , ATVI , CNQ , SPG , KRC , SLG , CVE , BBU , SLF , FRT , GIL ,

Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong growth in their asset management units, but Sun Life warned tha

Manulife Financial Corp. (MFC) shares closed today at 1.6% below its 52 week high of $21.47, giving the company a market cap of $40B. The stock is currently up 9.9% year-to-date, up 16.2% over the past 12 months, and up 37.2% over the past five years. This week, the Dow Jones Industrial Average fell 0.1%, and the S&P 500 fell 0.6%. Trading Activity Trading volume this week was 29.4% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 106.3% The company's stock price performance over the past 12 months beats the peer average by 67.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Manulife Financial (NYSE:MFC) is scheduled to announce Q4 earnings results on Tuesday, February 8th, after market close.The consensus EPS Estimate is $0.65 (-12.2% Y/Y)Over the last…