Headlines about Manulife Financial (NYSE:MFC) (TSE:MFC) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manulife Financial earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.3712494556492 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
Shares of Manulife Financial (NYSE MFC) opened at $21.39 on Thursday. The firm has a market cap of $42,390.00, a P/E ratio of 14.65, a PEG ratio of 1.12 and a beta of 1.33. Manulife Financial has a fifty-two week low of $16.62 and a fifty-two week high of $21.70.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Tuesday, November 21st were issued a dividend of $0.1606 per share. This represents a $0.64 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend was Monday, November 20th. Manulife Financial’s payout ratio is 43.84%.
Several research firms recently issued reports on MFC. Morgan Stanley increased their price target on shares of Manulife Financial from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 5th. ValuEngine lowered shares of Manulife Financial from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 18th. Finally, Zacks Investment Research raised shares of Manulife Financial from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $25.00.
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About Manulife Financial
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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