- Manulife Financial (MFC, Financial) offers a 5.61% forward dividend yield, maintaining steady payouts.
- Analysts foresee a potential downside, with an average target price of $27.31.
- GuruFocus estimates indicate a significant downside based on GF Value.
Manulife Financial (MFC) is rewarding its shareholders with a quarterly dividend payout of $0.44 per share, which translates to a robust forward yield of 5.61%. This dividend is slated to be distributed on June 19 to investors who are listed on the register by May 21, with the ex-dividend date also set for May 21.
Wall Street Analysts' Insights
Among the one analyst providing a one-year price target for Manulife Financial Corp (MFC, Financial), the average estimation stands at $27.31, encompassing both the high and low estimates at the same figure. This valuation suggests a potential downside of 12.94% from the current market price of $31.37. For a deeper dive into these forecasts, visit the Manulife Financial Corp (MFC) Forecast page.
The consensus from a single brokerage firm maintains Manulife Financial Corp (MFC, Financial) at an average recommendation rating of 1.0, categorizing it as a "Buy." This rating follows a scale where 1 denotes a Strong Buy, and 5 indicates a Sell.
Evaluating Manulife Financial's GF Value
According to GuruFocus metrics, the estimated GF Value for Manulife Financial Corp (MFC, Financial) for the next year is pegged at $23.18, indicating a potential downside of 26.11% from the current stock price of $31.37. The GF Value is a reflection of what GuruFocus assesses as the stock's fair trading value, determined from historical trading multiples, past business growth trends, and future business performance projections. Additional information is accessible on the Manulife Financial Corp (MFC) Summary page.
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