Manulife CEO Phil Witherington will participate in a fireside chat at the Scotiabank Financials Summit on September 4, 2025. The event will be live webcast and available for replay on Manulife's Investor Relations website. Manulife operates under the ticker symbol (MFC, Financial) on multiple stock exchanges.
Phil Witherington, President and Chief Executive Officer of Manulife Financial Corporation (MFC), will participate in a fireside chat at the 26th Scotiabank Financials Summit on Thursday, September 4, 2025 [1]. The event, which will be live webcast, will provide insights into the company's strategic direction and performance. The live session will begin at 1:00 p.m. ET, with a replay available for 90 days following the event through Manulife's Investor Relations website [1].
Manulife Financial Corporation is a leading international financial services provider with global headquarters in Toronto, Canada. The company operates under the Manulife brand across Canada, Asia, and Europe, and primarily as John Hancock in the United States. It offers financial advice and insurance products for individuals, groups, and businesses. Through its Manulife Wealth & Asset Management division, the company provides investment services, financial advice, and retirement plan solutions to customers worldwide [2].
As of the end of 2024, Manulife reported having more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving more than 36 million customers globally. The company trades under the ticker symbol 'MFC' on the Toronto, New York, and Philippine stock exchanges, and as '945' in Hong Kong [2].
Institutional investors have shown increased interest in Manulife Financial. Prudential PLC increased its stake in the company by 27.3% in the first quarter, acquiring an additional 12,524 shares [3]. Other institutional investors, such as 1832 Asset Management L.P., Heritage Financial Services LLC, HSBC Holdings PLC, and Wellington Management Group LLP, have also bought or increased their holdings in Manulife Financial [3].
Manulife Financial reported earnings of $0.69 per share for the last quarter, which missed analyst expectations. However, the company announced a quarterly dividend increase to $0.3199 per share, yielding 4.2% [3]. This represents a $1.28 annualized dividend and a 4.2% yield, marking a 0.01 increase from the previous quarterly dividend.
The company's stock performance has been mixed. Shares of Manulife Financial stock traded down $0.15 during mid-day trading on Tuesday, hitting $30.49. The stock has a 12-month low of $25.72 and a 12-month high of $33.07 [3]. Analysts predict that Manulife Financial Corp will post 2.87 EPS for the current year.
Analysts have set new price targets for Manulife Financial. Morgan Stanley set a $48.00 price objective on the stock, while Royal Bank Of Canada dropped their target price from $51.00 to $49.00 and set an "outperform" rating [3]. The consensus rating among analysts is "Moderate Buy" with an average price target of $48.50.
In conclusion, Manulife Financial Corporation continues to attract significant institutional investment and has seen recent earnings updates and dividend increases. The company's stock performance has been mixed, with analysts providing varied price targets. Investors should closely monitor these developments and consult with financial professionals for personalized advice.
References:
[1] https://www.prnewswire.com/news-releases/manulife-president-and-chief-executive-officer-phil-witherington-to-participate-in-fireside-chat-at-the-scotiabank-financials-summit-302536043.html
[2] https://ca.investing.com/news/company-news/manulife-ceo-to-speak-at-scotiabank-financials-summit-next-week-93CH-4174811
[3] https://www.ainvest.com/news/manulife-ceo-participate-fireside-chat-scotiabank-financials-summit-2508/
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