Manulife Financial Corp. (TSE:MFC) (NYSE:MFC) – Analysts at Desjardins issued their FY2019 earnings estimates for Manulife Financial Corp. in a research note issued on Tuesday. Desjardins analyst D. Young forecasts that the financial services provider will post earnings of $2.45 per share for the year.

Other analysts have also issued research reports about the stock. Barclays PLC raised their price target on shares of Manulife Financial Corp. from C$28.00 to C$29.00 in a report on Wednesday, July 12th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$30.00 price objective on shares of Manulife Financial Corp. in a research note on Wednesday. Royal Bank Of Canada raised their price objective on shares of Manulife Financial Corp. from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Friday, August 11th. Finally, National Bank Financial raised their price objective on shares of Manulife Financial Corp. from C$26.00 to C$27.00 and gave the company a “sector perform” rating in a research note on Thursday, August 10th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Manulife Financial Corp. has a consensus rating of “Buy” and a consensus target price of C$26.92.

WARNING: “Brokers Offer Predictions for Manulife Financial Corp.’s FY2019 Earnings (MFC)” was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/10/13/brokers-offer-predictions-for-manulife-financial-corp-s-fy2019-earnings-mfc.html.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Stockholders of record on Tuesday, August 22nd were given a dividend of $0.205 per share. The ex-dividend date was Friday, August 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 3.19%.

In other news, insider Marianne Harrison sold 3,703 shares of Manulife Financial Corp. stock in a transaction on Monday, September 18th. The shares were sold at an average price of C$24.26, for a total transaction of C$89,834.78.

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.

Earnings History and Estimates for Manulife Financial Corp. (TSE:MFC)

Receive News & Ratings for Manulife Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manulife Financial Corp. and related companies with MarketBeat.com's FREE daily email newsletter.