Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A pedestrian walks past the Manulife building in downtown Vancouver. (Jonathan Hayward/The Canadian Press)
A pedestrian walks past the Manulife building in downtown Vancouver. (Jonathan Hayward/The Canadian Press)

Research report

Stock analysis: Manulife scores high ahead of earnings report Add to ...

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries.

Manulife Financial Corp. reports its latest earnings on Thursday, and investors will be looking for signs that its focus on growth is starting to pay off. That’s especially the case given that its shares are reflecting a lot of optimism, with gains of more than 75 per cent over the past year. Like other insurers, investors most recently have gravitated to the stock thinking that the company will benefit from the recent rise in interest rates - and expectations that bond yields have further to climb. 

More Related to this Story

Overall, analysts expect 32 cents a share in adjusted profit for Manulife in the second quarter, on par with the first quarter, according to Bloomberg data.

This report provides a detailed analysis that investors may want to review before buying or selling the stock.

StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. Manulife's average score is 8 out of 10. That places it within the top quartile of stocks scored.

Read more in this comprehensive report.

Follow us on Twitter: @GlobeInvestor

 
Security Price Change
MFC-T Manulife Financial 21.67 0.0000
0.00 %
Add to watchlist
Live Discussion of MFC on StockTwits
More Discussion on MFC-T

More Related to this Story

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories