Closing Bell: Manulife Fin down on Thursday (MFC)

In today's trading, shares of Manulife Fin opened at $36.79 and closed at $35.62. prices ranged from $35.48 to $36.80.

Shares dipped -3.15% from the previous day's close of $36.78.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Manulife Fin traded under MFC on the Toronto Stock Exchange (TSX).

A total of 8,736,580 shares was traded during the session, with total trades of 11,264, with an average volume of 6,587,980 over the last 5 days.

The TSX overall saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, MFC.TO has traded as high as $37.46 (July 12,2024) and low as $23.69 (October 27,2023). Moreover, in the last 12 months, Manulife Fin's shares have advanced 35.64 percent, while in 2024, they have boosted 21.65%.

It announced a 0.40 dividend on May 09/24, with an May 21/24 ex-date and June 19/24 pay day.

Following today's trading, Manulife Fin has a market capitalization of $65.83 billion on a float of 1,789,707 shares outstanding. Its annual EPS is $2.33.

Manulife Fin is a TSX Insurance company headquartered in Toronto, CAN.

Currently, Manulife Fin's consensus rating is "Moderate Buy" based on 12 analysts according to Zacks. Currently, there are 9 buy ratings and 3 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..