Manulife Financial (TSE:MFC) Share Price Breaks Above 200-Day Moving Average – Should You Sell?

Posted by Brian Himes on Oct 2nd, 2026

Shares of Manulife Financial Co. (TSE:MFC – Get Free Report) (NYSE:MFC) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$56.24 and traded as high as C$61.51. Manulife Financial shares last traded at C$60.64, with a volume of 2,785,309 shares changing hands.

Analyst Ratings Changes

A number of research firms have issued reports on MFC. Barclays boosted their price target on Manulife Financial from C$56.00 to C$59.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Jefferies Financial Group boosted their target price on shares of Manulife Financial from C$61.00 to C$70.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Scotiabank upped their target price on shares of Manulife Financial from C$56.00 to C$61.00 and gave the company a “sector outperform” rating in a report on Wednesday, July 15th. Royal Bank Of Canada increased their price target on shares of Manulife Financial from C$55.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, Canadian Imperial Bank of Commerce lifted their price target on shares of Manulife Financial from C$61.00 to C$69.00 in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$66.00.

Get Our Latest Stock Analysis on MFC

Manulife Financial Trading Up 1.0%

The stock has a 50 day moving average of C$61.04 and a 200-day moving average of C$56.34. The company has a market capitalization of C$101.41 billion, a P/E ratio of 16.59, a P/E/G ratio of 1.01 and a beta of 0.60. The company has a current ratio of 2.36, a quick ratio of 2.58 and a debt-to-equity ratio of 26.52.

Manulife Financial (TSE:MFC – Get Free Report) (NYSE:MFC) last issued its quarterly earnings results on Wednesday, August 5th. The financial services provider reported C$1.09 earnings per share for the quarter. The business had revenue of C$20.34 billion for the quarter. Manulife Financial had a net margin of 11.62% and a return on equity of 12.98%. On average, research analysts predict that Manulife Financial Co. will post 3.6104452 EPS for the current year.

Manulife Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Monday, September 21st were issued a $0.4850 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a $1.94 annualized dividend and a yield of 3.2%. Manulife Financial’s dividend payout ratio is currently 50.14%.

Insider Transactions at Manulife Financial

In other Manulife Financial news, insider Patrick David Graham sold 6,843 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of C$62.06, for a total transaction of C$424,676.58. Insiders own 0.03% of the company’s stock.

About Manulife Financial

(Get Free Report)

Manulife Financial Corporation, a leading international financial services provider that helps people make their decisions easier and lives better by providing financial advice, insurance, and wealth and asset management solutions. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com. One of the largest life insurers in the United States, John Hancock supports more than ten million Americans with a broad range of financial products, including life insurance and annuities.