Manulife Financial Corp (MFC) Receives Daily Media Impact Score of 0.08
News coverage about Manulife Financial Corp (NYSE:MFC) (TSE:MFC) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Manulife Financial Corp earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 46.0632533024913 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Manulife Financial Corp. breached its 50 day moving average in a Bearish Manner : MFC-US : September 19, 2017 (finance.yahoo.com)
- Manulife Financial Corp. : MFC-US: Dividend Analysis : August 22nd, 2017 (record date) : By the numbers : September 19, 2017 (finance.yahoo.com)
- TFSA Investors: These 3 Dividend Stocks Have Payouts That Just … – The Motley Fool Canada (fool.ca)
- BOE Tries to Bring Pound Back to Reality, Says Thooft (finance.yahoo.com)
- Manulife Financial Corp (MFC) and Its Rivals Critical Review (americanbankingnews.com)
Several equities analysts have recently commented on the company. ValuEngine lowered Manulife Financial Corp from a “strong-buy” rating to a “buy” rating in a research note on Monday. Zacks Investment Research lowered Manulife Financial Corp from a “buy” rating to a “hold” rating in a research note on Monday, September 11th. Finally, BidaskClub raised Manulife Financial Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, July 11th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Manulife Financial Corp presently has a consensus rating of “Buy” and an average price target of $23.33.
Manulife Financial Corp (MFC) traded up 0.20% during trading on Wednesday, reaching $19.83. The company had a trading volume of 2,349,871 shares. The company has a market capitalization of $39.23 billion, a P/E ratio of 13.55 and a beta of 1.30. The firm’s 50 day moving average is $19.84 and its 200-day moving average is $18.55. Manulife Financial Corp has a 12 month low of $13.53 and a 12 month high of $20.84.
Manulife Financial Corp (NYSE:MFC) (TSE:MFC) last posted its quarterly earnings results on Wednesday, August 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.01. The firm had revenue of $12.34 billion for the quarter, compared to analysts’ expectations of $16.09 billion. During the same period last year, the firm posted $0.40 EPS. On average, equities analysts expect that Manulife Financial Corp will post $1.83 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Shareholders of record on Tuesday, August 22nd were given a dividend of $0.1621 per share. This represents a $0.65 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend was Friday, August 18th. This is an increase from Manulife Financial Corp’s previous quarterly dividend of $0.15. Manulife Financial Corp’s payout ratio is 47.83%.
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.
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