On Tuesday, Manulife Financial Corp (NYSE: MFC) opened higher 1.26% from the last session, before settling in for the closing price of $34.87. Price fluctuations for MFC have ranged from $25.92 to $35.57 over the past 52 weeks.
During the last 5-year period, the sales drop of Financial Sector giant was -0.08%. Company’s average yearly earnings per share was noted 8.18% at the time writing. With a float of $1.68 billion, this company’s outstanding shares have now reached $1.69 billion.
Manulife Financial Corp (MFC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Manulife Financial Corp is 0.18%, while institutional ownership is 51.15%.
Manulife Financial Corp (MFC) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 1.03 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.95) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.90% during the next five years compared to -0.08% drop over the previous five years of trading.
Manulife Financial Corp (NYSE: MFC) Trading Performance Indicators
Check out the current performance indicators for Manulife Financial Corp (MFC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41. Likewise, its price to free cash flow for the trailing twelve months is 2.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.25, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 3.21 in one year’s time.
Technical Analysis of Manulife Financial Corp (MFC)
Looking closely at Manulife Financial Corp (NYSE: MFC), its last 5-days average volume was 3.77 million, which is a jump from its year-to-date volume of 2.22 million. As of the previous 9 days, the stock’s Stochastic %D was 71.66%.
During the past 100 days, Manulife Financial Corp’s (MFC) raw stochastic average was set at 95.64%, which indicates a significant increase from 90.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.68 in the past 14 days, which was higher than the 0.52 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.51, while its 200-day Moving Average is $31.12. However, in the short run, Manulife Financial Corp’s stock first resistance to watch stands at $35.48. Second resistance stands at $35.66. The third major resistance level sits at $35.97. If the price goes on to break the first support level at $35.00, it is likely to go to the next support level at $34.69. Now, if the price goes above the second support level, the third support stands at $34.51.
Manulife Financial Corp (NYSE: MFC) Key Stats
There are currently 1,684,987K shares outstanding in the company with a market cap of 59.50 billion. Presently, the company’s annual sales total 23,389 M according to its annual income of 4,110 M. Last quarter, the company’s sales amounted to 12,760 M and its income totaled 1,299 M.
