April 19, 2024 Bitcoin Halving: Catalyst for New Price Heights?
April 18, 2024 EU Moves Toward Single Capital Market Union
April 17, 2024 Bitcoin Halving 2024: Market Impact Predictions
April 14, 2024 Markets Rattle: Iran-Israel Conflict and Economic Data Ahead
Apple’s Technical Climb To $240 By Year-End
April 12, 2024 Improve Your Financial Status: A How-To Guide
April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade
March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5
March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading
Manulife Financial (MFC) stock forecast for 2024
Updated: April 18, 2024 (06:45)
Sector: FinancialThe share price of Manulife Financial Corp. (MFC) now
50/200 Day Moving Average: $23.85 / $20.55
This figure corresponds to the Average Price over the previous 50/200 days. For Manulife Financial stocks, the 50-day moving average is the resistance level today.
For Manulife Financial stocks, the 200-day moving average is the resistance level today.
Are you interested in Manulife Financial Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Manulife Financial stock price in 2024. How much will one Manulife Financial share be worth in 2024? Is it worth taking profit / loss on MFC stock now or waiting? What are analysts' forecasts for Manulife Financial stock?
We forecast Manulife Financial stock performance using neural networks based on historical data on MFC stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Manulife Financial Corp. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Manulife Financial analysts is $26.16. Today 200 Day Moving Average is the support level (20.55 $). 50 Day Moving Average is the support level (23.85 $).
Historical and forecast chart of Manulife Financial Corp. stock
The chart below shows the historical price of Manulife Financial stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the MFC stock price can be found in the table below.
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States and internationally. The company operates through asset and asset management businesses; Insurance and annuity products; Both corporate and other segments.
Manulife Financial (MFC) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 22.63 | 22.23 | 23.45 | 5.21 % |
| Jun | 23.70 | 23.23 | 24.38 | 4.72 % |
| Jul | 23.81 | 23.13 | 24.66 | 6.23 % |
| Aug | 22.89 | 22.20 | 23.73 | 6.42 % |
| Sep | 22.95 | 22.35 | 23.57 | 5.16 % |
| Oct | 23.81 | 22.98 | 24.09 | 4.64 % |
| Nov | 23.43 | 22.85 | 23.86 | 4.22 % |
| Dec | 23.36 | 22.53 | 24.15 | 6.72 % |
Manulife Financial information and performance
200 BLOOR ST EAST, NT-10, TORONTO, ON, CA
Market capitalization of the Manulife Financial Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MFC shares in the company outstanding by the market price of one share.
EBITDA of Manulife Financial is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Manulife Financial price target for 2024 by month
Target values for the price of one Manulife Financial share for May 2024.
In May, the Positive dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 5.210% volatility is expected.
Pessimistic target level: 22.23
Optimistic target level: 23.45
Target values for the price of one Manulife Financial share for Jun 2024.
In Jun, the Positive dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 4.715% volatility is expected.
Pessimistic target level: 23.23
Optimistic target level: 24.38
Target values for the price of one Manulife Financial share for Jul 2024.
In Jul, the Positive dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 6.226% volatility is expected.
Pessimistic target level: 23.13
Optimistic target level: 24.66
Target values for the price of one Manulife Financial share for Aug 2024.
In Aug, the Negative dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 6.416% volatility is expected.
Pessimistic target level: 22.20
Optimistic target level: 23.73
Target values for the price of one Manulife Financial share for Sep 2024.
In Sep, the Positive dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 5.161% volatility is expected.
Pessimistic target level: 22.35
Optimistic target level: 23.57
Target values for the price of one Manulife Financial share for Oct 2024.
In Oct, the Positive dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 4.644% volatility is expected.
Pessimistic target level: 22.98
Optimistic target level: 24.09
Target values for the price of one Manulife Financial share for Nov 2024.
In Nov, the Negative dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 4.222% volatility is expected.
Pessimistic target level: 22.85
Optimistic target level: 23.86
Target values for the price of one Manulife Financial share for Dec 2024.
In Dec, the Negative dynamics for Manulife Financial Corp. shares will prevail with possible monthly volatility of 6.721% volatility is expected.
Pessimistic target level: 22.53
Optimistic target level: 24.15
Manulife Financial (MFC) stock dividend
Manulife Financial last paid dividends on 02/27/2024. The next scheduled payment will be on 03/19/2024. The amount of dividends is $1.46 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Related stocks from Financial sector
