Manulife Financial (NYSE:MFC) Issues Earnings Results, Misses Expectations By $0.02 EPS

Manulife Financial (NYSE:MFC) (TSE:MFC) posted its quarterly earnings data on Wednesday. The financial services provider reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02), Zacks reports. The company had revenue of $8.89 billion for the quarter, compared to the consensus estimate of $2.32 billion. Manulife Financial had a return on equity of 16.70% and a net margin of 10.19%.During the same quarter last year, the business earned $0.99 EPS.

Manulife Financial Price Performance

Shares of MFC opened at $37.54 on Friday. The firm has a 50 day simple moving average of $36.40 and a two-hundred day simple moving average of $36.01. Manulife Financial has a one year low of $29.70 and a one year high of $40.40. The company has a market cap of $62.78 billion, a P/E ratio of 14.90 and a beta of 0.87.

Manulife Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 29th will be given a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, May 29th. Manulife Financial’s payout ratio is currently 63.96%.

Hedge Funds Weigh In On Manulife Financial

Several hedge funds and other institutional investors have recently modified their holdings of MFC. Mcguire Capital Advisors Inc. bought a new stake in shares of Manulife Financial during the 4th quarter worth $36,000. Compound Planning Inc. grew its position in Manulife Financial by 10.9% in the fourth quarter. Compound Planning Inc. now owns 30,675 shares of the financial services provider’s stock valued at $1,113,000 after acquiring an additional 3,005 shares during the last quarter. Corient Private Wealth LLC grew its position in Manulife Financial by 1.0% in the fourth quarter. Corient Private Wealth LLC now owns 112,374 shares of the financial services provider’s stock valued at $4,077,000 after acquiring an additional 1,079 shares during the last quarter. Vident Advisory LLC grew its position in Manulife Financial by 0.8% in the fourth quarter. Vident Advisory LLC now owns 50,610 shares of the financial services provider’s stock valued at $1,836,000 after acquiring an additional 417 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in Manulife Financial during the fourth quarter worth about $524,000. Institutional investors own 52.56% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MFC. Weiss Ratings downgraded Manulife Financial from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Scotiabank restated an “outperform” rating on shares of Manulife Financial in a research report on Wednesday, April 29th. TD Securities reaffirmed a “buy” rating on shares of Manulife Financial in a research note on Thursday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Manulife Financial in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $51.50.

Key Manulife Financial News

Here are the key news stories impacting Manulife Financial this week:

• Positive Sentiment: Manulife reported first-quarter 2026 core earnings of C$1.8 billion and core EPS of C$1.06, both up year over year, while new business CSM also grew strongly. Manulife Reports First Quarter 2026 Results
• Positive Sentiment: Shareholders backed the board slate, auditor, and management pay plan at the 2026 annual meeting, signaling broad governance support. Manulife Shareholders Back Board Slate, Auditor and Pay Plan at 2026 AGM
• Neutral Sentiment: Manulife reiterated its dividend, including a quarterly common-share payout of C$0.485, which supports its income appeal but was already expected. Manulife declares common share dividend
• Neutral Sentiment: The company also declared preferred-share dividends and released its 2025 sustainability report, both routine announcements with limited immediate stock impact. Manulife declares preferred share dividend Manulife Releases 2025 Sustainability Report and Public Accountability Statement
• Negative Sentiment: Despite year-over-year growth, the quarter came in below expectations on core EPS, and analysts noted weaker insurance experience in Canada and lower investment spreads in the U.S., pressuring sentiment. Manulife Financial Q1 Earnings Miss Expectations, APE Sales Rise Y/Y

About Manulife Financial

Manulife Financial Corporation is a multinational insurance and financial services company headquartered in Toronto, Ontario. Founded in the late 19th century as The Manufacturers Life Insurance Company, Manulife provides a broad range of financial products and services to individual and institutional clients. Its core businesses include life and health insurance, retirement and pension solutions, wealth and asset management, and group benefits.

In wealth and asset management, Manulife operates through Manulife Investment Management and offers mutual funds, segregated funds, institutional asset management, and retirement plan solutions.