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Manulife Financial TSX:MFC Stock Report

Last Price

CA$36.34

Market Cap

CA$65.3b

7D

2.1%

1Y

39.0%

Updated

19 May, 2024

Data

Company Financials +

Manulife Financial Corporation

TSX:MFC Stock Report

Market Cap: CA$65.3b

MFC Stock Overview

Provides financial products and services in the United States, Canada, Asia, and internationally.

MFC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends5/6

Manulife Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Manulife Financial
Historical stock prices
Current Share PriceCA$36.34
52 Week HighCA$36.51
52 Week LowCA$23.69
Beta1.1
1 Month Change14.56%
3 Month Change9.13%
1 Year Change39.02%
3 Year Change46.41%
5 Year Change56.23%
Change since IPO306.03%

Recent News & Updates

Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now

May 03
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now

Recent updates

Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now

May 03
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now

Manulife Financial Corporation (TSE:MFC) Analysts Just Trimmed Their Revenue Forecasts By 13%

Sep 08
Manulife Financial Corporation (TSE:MFC) Analysts Just Trimmed Their Revenue Forecasts By 13%

Analysts' Revenue Estimates For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Aug 18
Analysts' Revenue Estimates For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Do Manulife Financial's (TSE:MFC) Earnings Warrant Your Attention?

May 30
Do Manulife Financial's (TSE:MFC) Earnings Warrant Your Attention?

Industry Analysts Just Made A Captivating Upgrade To Their Manulife Financial Corporation (TSE:MFC) Revenue Forecasts

May 12
Industry Analysts Just Made A Captivating Upgrade To Their Manulife Financial Corporation (TSE:MFC) Revenue Forecasts

Manulife Financial's (TSE:MFC) Dividend Will Be Increased To CA$0.365

Feb 19
Manulife Financial's (TSE:MFC) Dividend Will Be Increased To CA$0.365

Here's Why We Think Manulife Financial (TSE:MFC) Might Deserve Your Attention Today

Jan 24
Here's Why We Think Manulife Financial (TSE:MFC) Might Deserve Your Attention Today

Should You Be Adding Manulife Financial (TSE:MFC) To Your Watchlist Today?

Aug 03
Should You Be Adding Manulife Financial (TSE:MFC) To Your Watchlist Today?

Shareholder Returns

MFCCA InsuranceCA Market
7D2.1%0.4%0.9%
1Y39.0%21.0%10.8%

Return vs Industry: MFC exceeded the Canadian Insurance industry which returned 21% over the past year.

Return vs Market: MFC exceeded the Canadian Market which returned 10.8% over the past year.

Price Volatility

Is MFC's price volatile compared to industry and market?
MFC volatility
MFC Average Weekly Movement2.3%
Insurance Industry Average Movement2.6%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.0%

Stable Share Price: MFC has not had significant price volatility in the past 3 months.

Volatility Over Time: MFC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188738,000Roy Goriwww.manulife.com

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.

Manulife Financial Corporation Fundamentals Summary

How do Manulife Financial's earnings and revenue compare to its market cap?
MFC fundamental statistics
Market capCA$65.26b
Earnings (TTM)CA$4.26b
Revenue (TTM)CA$27.48b

15.3x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFC income statement (TTM)
RevenueCA$27.48b
Cost of RevenueCA$14.16b
Gross ProfitCA$13.32b
Other ExpensesCA$9.06b
EarningsCA$4.26b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 07, 2024

Earnings per share (EPS)2.37
Gross Margin48.47%
Net Profit Margin15.49%
Debt/Equity Ratio48.4%

How did MFC perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

64%

Payout Ratio

Does MFC pay a reliable dividends?

See MFC dividend history and benchmarks
When do you need to buy MFC by to receive an upcoming dividend?
Manulife Financial dividend dates
Ex Dividend DateMay 21 2024
Dividend Pay DateJun 19 2024
Days until Ex dividend1 day
Days until Dividend pay date30 days

Does MFC pay a reliable dividends?

See MFC dividend history and benchmarks
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