Manulife Financial (TSX:MFC) - Stock Price, News & Analysis

MFC Stock Overview

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

MFC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	3/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 57.4% below our estimate of its fair value

Earnings are forecast to grow 13.45% per year

Pays a reliable dividend of 3.55%

Risk Analysis

Significant insider selling over the past 3 months

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Dynamic Growth In Asia And Digital Transformation Fueling Strong Revenue And Margin Expansion

Key Takeaways Manulife's growth in Asia and digital transformations enhance revenue, efficiency, and operational margins, benefiting future earnings. Share buybacks and strong financials boost EPS and signal sustained growth, supporting long-term stability and shareholder value.

View narrative

CA$45.46

0.9% undervalued

34.63%

Revenue growth p.a.

Updated

Manulife Financial Corporation Competitors

Great-West Lifeco

TSX:GWO

CA$46.2b

Power Corporation of Canada

TSX:POW

CA$29.6b

Sun Life Financial

TSX:SLF

CA$48.5b

iA Financial

TSX:IAG

CA$12.5b

Price History & Performance

Summary of all time highs, changes and price drops for Manulife Financial
Historical stock prices
Current Share Price	CA$45.03
52 Week High	CA$46.42
52 Week Low	CA$26.01
Beta	1.06
11 Month Change	8.32%
3 Month Change	26.21%
1 Year Change	72.59%
33 Year Change	81.72%
5 Year Change	73.26%
Change since IPO	403.13%

Recent updates

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

May 03

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

Sep 08

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

Aug 18

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

May 30

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

May 12

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

Feb 19

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

Jan 24

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

Aug 03

Shareholder Returns

	MFC	CA Insurance	CA Market
7D	-0.9%	1.2%	0.7%
1Y	72.6%	38.2%	21.7%

Return vs Industry: MFC exceeded the Canadian Insurance industry which returned 38.2% over the past year.

Return vs Market: MFC exceeded the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is MFC's price volatile compared to industry and market?
MFC volatility
MFC Average Weekly Movement	2.5%
Insurance Industry Average Movement	2.7%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

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 (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1887	38,000	Roy Gori	www.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 cap	CA$79.73b
Earnings (TTM)	CA$5.10b
Revenue (TTM)	CA$30.08b

15.5x

P/E Ratio

2.6x

P/S Ratio

Is MFC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFC income statement (TTM)
Revenue	CA$30.08b
Cost of Revenue	CA$15.18b
Gross Profit	CA$14.90b
Other Expenses	CA$9.80b
Earnings	CA$5.10b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)	2.91
Gross Margin	49.53%
Net Profit Margin	16.94%
Debt/Equity Ratio	42.5%

How did MFC perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

55%

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 Date	Nov 20 2024
Dividend Pay Date	Dec 19 2024
Days until Ex dividend	1 day
Days until Dividend pay date	28 days

Does MFC pay a reliable dividends?

See MFC dividend history and benchmarks

MFC Stock Overview

Rewards

Risk Analysis

Dynamic Growth In Asia And Digital Transformation Fueling Strong Revenue And Margin Expansion

Manulife Financial Corporation Competitors

TSX:GWO

CA$46.2b

TSX:POW

CA$29.6b

TSX:SLF

CA$48.5b

TSX:IAG

CA$12.5b

Price History & Performance

Recent News & Updates

President recently sold CA$2.0m worth of stock

Manulife Financial Corporation Board Announces Executive Changes

Manulife Financial Corporation to Report Q4, 2024 Results on Feb 19, 2025

Consensus revenue estimates increase by 31%

Third quarter dividend of CA$0.40 announced

Recent updates

President recently sold CA$2.0m worth of stock

Manulife Financial Corporation Board Announces Executive Changes

Manulife Financial Corporation to Report Q4, 2024 Results on Feb 19, 2025

Consensus revenue estimates increase by 31%

Third quarter dividend of CA$0.40 announced

Price target increased by 8.0% to CA$45.07

Third quarter 2024 earnings released: EPS: CA$1.01 (vs CA$0.53 in 3Q 2023)

Manulife Financial Corporation Announces Quarterly Dividend, Payable on and After December 19, 2024

Manulife Leads the Charge in Generative Ai Innovations: Enhancing Productivity and Elevating Customer Experience

Second quarter 2024 earnings released: EPS: CA$0.53 (vs CA$0.50 in 2Q 2023)

Manulife Financial Corporation Announces Second Quarter Dividend for the Financial Year End 31 December 2024, Payable on September 19, 2024

John Hancock Names Hector Martinez as Head of Insurance

President & CEO of Manulife Asia exercised options and sold CA$2.7m worth of stock

President exercised options to buy CA$2.4m worth of stock.

Manulife Financial Corporation to Report Q3, 2024 Results on Nov 06, 2024

First quarter dividend of CA$0.40 announced

Manulife Financial Corporation Announces Board Changes

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

Chairman of the Board - Manulife Asia recently sold CA$1.3m worth of stock

Manulife Financial Corporation to Report Q2, 2024 Results on Aug 07, 2024

Upcoming dividend of CA$0.40 per share

Fourth quarter dividend increased to CA$0.40

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: CA$2.62 (vs CA$3.68 in FY 2022)

Manulife Financial Corporation Declares Quarterly Dividend, Payable on and After March 19, 2024

Consensus revenue estimates decrease by 20%

Manulife Financial Corporation, Annual General Meeting, May 09, 2024

Manulife Financial Corporation to Report Q1, 2024 Results on May 08, 2024

Consensus revenue estimates increase by 15%, EPS downgraded

Upcoming dividend of CA$0.36 per share at 5.7% yield

Manulife Financial Corporation Declares Common Share Ordinary Dividend for the Third Quarter Ended September 30, 2023, Payable on December 19, 2023

Third quarter 2023 earnings released: EPS: CA$0.53 (vs CA$0.69 in 3Q 2022)

Consensus revenue estimates fall by 14%

Manulife Financial Corporation Appoints Maryscott (Scotty) Greenwood as Global Head of Government Relations, Effective October 16, 2023

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

Consensus revenue estimates decrease by 13%

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

Consensus revenue estimates increase by 49%

Upcoming dividend of CA$0.36 per share at 5.6% yield

Manulife Financial Corporation Announces Ordinary Cash Dividend for the Second Quarter of Financial Year Ending December 31, 2023, Payable on 19 September 2023

Second quarter 2023 earnings: Revenues miss analyst expectations

Consensus revenue estimates decrease by 24%

Manulife Announces Executive Changes

Manulife Financial Corporation to Report Q4, 2023 Results on Feb 07, 2024

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

Chief Investment Officer exercised options and sold CA$88k worth of stock

Consensus revenue estimates increase by 27%, EPS downgraded

Upcoming dividend of CA$0.36 per share at 5.6% yield

Manulife Financial Corporation Announces Board Appointments

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

First quarter 2023 earnings released: EPS: CA$0.73 (vs CA$1.51 in 1Q 2022)

Manulife Financial Corporation Declares Quarterly Common Share Dividend, Payable on and After June 19, 2023

Independent Chairman of the Board recently bought CA$2.7m worth of stock

Upcoming dividend of CA$0.36 per share at 5.4% yield

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

Full year 2022 earnings released: EPS: CA$3.68 (vs CA$3.55 in FY 2021)

Manulife Financial Corporation Announces Executive Changes

Manulife Increases Quarterly Dividend, Payable on and After March 20, 2023