Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Manulife: 8% Total Yield And Asia Growth A Winning Formula
Manulife Financial Corporation's strong fundamentals and growth prospects in the life insurance sector make it an interesting long-term investment despite its current overvaluation. Positive 2024 earnings, driven by Asia operations and digital initiatives, led to a 10% dividend increase and a new share buyback program. Manulife's balance sheet is robust, allowing significant shareholder returns, with a forward dividend yield of 3.9% and a 137% capital ratio.
MFC's fourth-quarter results reflect strong business growth led by Global WAM, Canada and Asia.
Rana Gupta, managing director for Indian equities at Manulife Investment Management, discusses opportunities in India's renewables space as well as other sectors he sees benefiting from the policy pivot from capital expenditure to consumption.
Manulife Financial stock rallies on the back of solid Asia business, expanding Wealth and Asset Management business and solid capital position.
Manulife Financial gets upgraded to a buy, from my prior hold rating, as future revenue and earnings indicators remain strong. Q3 results saw YoY growth in new insurance policies, as well as client inflows to its wealth business. Its profit margin beats key peers, and AI-driven process improvements are expected to make some areas more cost-effective.
Manulife (MFC) reported earnings 30 days ago. What's next for the stock?
MFC appears well-poised for growth on its strengthening Asia business, expanding Wealth and Asset Management business, cost savings to improve profitability and solid capital position.
Does Manulife Financial (MFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
MFC inks a $5.4 billion reinsurance agreement with RGA to optimize the portfolio and release capital to distribute wealth to its shareholders.
Manulife Investment Management's Rana Gupta likes large private sector banks as they remain profitable, and quick commerce companies that managed to defy a poor consumer season. He does see a risk of foreign promoters selling IPOs in India and cashing out, causing capital outflows.