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Manulife Financial Corp (MFC)

NYSE
Currency in USD
31.44
-0.49(-1.53%)
Closed
After Hours
31.440.00(0.00%)
MFC Scorecard
Full Analysis
Has a perfect Piotroski Score of 9
Fair Value
Day's Range
31.3931.89
52 wk Range
20.6733.07
Key Statistics
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Prev. Close
31.93
Open
31.89
Day's Range
31.39-31.89
52 wk Range
20.67-33.07
Volume
1.03M
Average Volume (3m)
1.85M
1-Year Change
60.13%
Book Value / Share
20
Fair Value
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Fair Value Upside
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MFC Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
34.96
Upside
+11.20%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 11 consecutive years
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Manulife Financial Corp Company Profile

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

Industry
Insurance
Sector
Financial
Employees
38000

Manulife Financial Corp SWOT Analysis


Capital Strength
Manulife's $10 billion excess capital, 15% of market cap, offers financial flexibility for growth initiatives and shareholder returns
Asian Ambitions
Explore Manulife's growth potential in Asia, capitalizing on expanding middle class and increasing demand for insurance and wealth management
Strategic Shifts
Learn how Manulife is reducing legacy risks and ALDA exposure, potentially improving its risk-return profile and attracting investors
Analyst Outlook
RBC Capital Markets maintains "Outperform" rating with price targets ranging from $38 to $39, reflecting confidence in Manulife's prospects
Read full SWOT analysis
MFC Full Pro Research
Institutional-Grade Stock Analysis
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Manulife Financial Corp Earnings Call Summary for Q3/2024

  • Q2 results: 17% APE sales increase, 6% core earnings growth; $3B+ share buyback planned for H2
  • Shifting to lower risk, higher ROE model; targeting 18% core ROE and $22B cumulative remittances by 2027
  • Strong Asia and wealth management growth; Canadian APE sales up 61%; US sees high accumulation product demand
  • Healthy financials: LICAT ratio 139%, leverage ratio 24.6%; $1.4B returned to shareholders via dividends and buybacks
  • Expects continued Asia growth, lower overall tax rate; Hong Kong to adopt pillar two tax rules in 2025
Last Updated: 08/09/2024, 07:28 AM
Read Full Transcript

Compare MFC to Peers and Sector

Metrics to compare
MFC
Peers
Sector
Relationship
P/E Ratio
15.3x10.0x8.8x
PEG Ratio
0.540.150.03
Price/Book
1.6x1.8x1.0x
Price / LTM Sales
2.6x1.2x2.8x
Upside (Analyst Target)
−22.7%11.9%10.7%
Fair Value Upside
Unlock7.5%3.2%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.84
Dividend Yield
3.59%
Industry Median 2.42%
Annualized payout
1.1450
Paid quarterly
5-Years Growth
-
Growth Streak

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FAQ

What Is the Manulife Financial (MFC) Stock Price Today?

The Manulife Financial stock price today is 31.44

What Stock Exchange Does Manulife Financial Trade On?

Manulife Financial is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Manulife Financial?

The stock symbol for Manulife Financial is "MFC."

Does Manulife Financial Pay Dividends? What’s The Current Dividend Yield?

The Manulife Financial dividend yield is 3.59%.

What Is the Manulife Financial Market Cap?

As of today, Manulife Financial market cap is 55.13B.

What is Manulife Financial Earnings Per Share?

The Manulife Financial EPS is 2.84.

What Is the Next Manulife Financial Earnings Date?

Manulife Financial will release its next earnings report on Feb 18, 2025.

From a Technical Analysis Perspective, Is MFC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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