Key Highlights:
- Manulife Financial surpasses Q1 2025 earnings expectations with core EPS of C$0.99.
- New business value for Manulife soars to C$907 million, demonstrating strong business momentum.
- Analysts predict potential downside for Manulife's stock, suggesting cautious investment approach.
Manulife Financial Corp. (MFC, Financial) has outperformed market expectations in the first quarter of 2025, delivering a stronger financial performance than anticipated. Despite challenges like higher provisions for credit losses and the impact of California wildfires on growth, the company's core earnings per share reached C$0.99, surpassing the consensus estimate of C$0.98. Additionally, Manulife's new business value shot up to C$907 million, signifying robust momentum within the company.
Wall Street Analysts' Insights
The one-year price target for Manulife Financial Corp, as projected by analysts, stands at an average of $27.31. This figure encompasses both the high and low estimates, implying a potential downside of 12.94% from its current trading price of $31.37. For a deeper dive into these estimates, please visit the Manulife Financial Corp (MFC, Financial) Forecast page.
Manulife Financial currently enjoys a strong "Buy" recommendation from brokerage firms, reflected by its average brokerage recommendation rating of 1.0 on a scale from 1 to 5 (where 1 signifies a Strong Buy and 5 indicates a Sell).
Assessing the GF Value
According to GuruFocus estimates, the GF Value for Manulife Financial Corp in one year is estimated at $23.18. This suggests a potential downside of 26.11% from the current stock price of $31.37. The GF Value is GuruFocus' approximation of the fair trading value for the stock, determined through historical trading multiples, past business growth, and future performance estimates. For further details, explore the Manulife Financial Corp (MFC, Financial) Summary page.
