Closing Bell: Manulife Fin down on Friday (MFC)

Manulife Fin opened trading today at $35.01 and closed at $34.29. prices ranged from $33.87 to $35.01.

Shares decreased -3.73% from the previous day's close of $35.62.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

Manulife Fin has listed on the Toronto Stock Exchange (TSX) under the ticker MFC.

Trading volume was 9,551,202 on 21,379 total trades, with an average volume of 7,688,201 in the last five days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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 33.27 percent, while in 2024, they have boosted 17.11%.

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 $61.37 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.

Manulife Fin is holding an average recommendation of "Moderate Buy" from 12.00 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..