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Manulife Financial TSX:MFC Stock Report

Last Price

CA$43.53

Market Cap

CA$75.9b

7D

-1.2%

1Y

49.8%

Updated

20 Dec, 2024

Data

Company Financials +

Manulife Financial Corporation

TSX:MFC Stock Report

Market Cap: CA$75.9b

MFC Stock Overview

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

MFC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends5/6

My Notes

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CA$46.64
FV
6.7% undervalued intrinsic discount
37.18%
Revenue growth p.a.
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Manulife Financial Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Manulife Financial
Historical stock prices
Current Share PriceCA$43.53
52 Week HighCA$46.42
52 Week LowCA$28.06
Beta1.07
1 Month Change-3.33%
3 Month Change11.64%
1 Year Change49.79%
3 Year Change82.21%
5 Year Change65.26%
Change since IPO386.37%

Recent News & Updates

Broker Revenue Forecasts For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Nov 28
Broker Revenue Forecasts For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Recent updates

Broker Revenue Forecasts For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

Nov 28
Broker Revenue Forecasts For Manulife Financial Corporation (TSE:MFC) Are Surging Higher

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

Shareholder Returns

MFCCA InsuranceCA Market
7D-1.2%-0.8%-2.6%
1Y49.8%34.3%15.2%

Return vs Industry: MFC exceeded the Canadian Insurance industry which returned 34.3% over the past year.

Return vs Market: MFC exceeded the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is MFC's price volatile compared to industry and market?
MFC volatility
MFC Average Weekly Movement2.7%
Insurance Industry Average Movement2.7%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: MFC's weekly volatility (3%) 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$75.91b
Earnings (TTM)CA$5.10b
Revenue (TTM)CA$30.08b

15.0x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFC income statement (TTM)
RevenueCA$30.08b
Cost of RevenueCA$15.18b
Gross ProfitCA$14.90b
Other ExpensesCA$9.80b
EarningsCA$5.10b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)2.91
Gross Margin49.53%
Net Profit Margin16.94%
Debt/Equity Ratio42.5%

How did MFC perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

55%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Manulife Financial Corporation is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
Ishan MajumdarBaptista Research
Alex ScottBarclays