Manulife Financial (TSE:MFC)
NYSE:MFC
Want to see TSE:MFC full AI Analyst Report?
MFC Stock Chart & Stats
C$53.20
-C$0.12(-0.27%)
At close: 4:00 PM EST
C$53.20
-C$0.12(-0.27%)
Day’s Range― - ―
52-Week RangeC$41.08 - C$55.34
Previous CloseN/A
Volume610.50K
Average Volume (3M)7.94M
Market Cap
C$90.54B
Enterprise ValueC$87.34B
Total Cash (Recent Filing)C$14.53B
Total Debt (Recent Filing)C$13.45B
Price to Earnings (P/E)14.1
Beta0.91
Next Earnings
Aug 05, 2026EPS Estimate
1.09Next Dividend Ex-DateN/A
Dividend Yield3.49%
Share Statistics
EPS (TTM)3.50
Shares Outstanding1,676,743,000
10 Day Avg. Volume10,053,051
30 Day Avg. Volume7,940,391
Financial Highlights & Ratios
PEG Ratio1.82
Price to Book (P/B)1.67
Price to Sales (P/S)1.60
P/FCF Ratio2.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$56.13Price Target Upside5.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)4.48
Revenue Forecast (FY)C$43.14B
Bulls Say, Bears Say
Bulls Say
Strong New Business Growth (CSM/NBV)Consistent >20% new business CSM growth and expanding NBV margins in Asia indicate durable product competitiveness, effective distribution and disciplined pricing. Higher NBV margins boost embedded value and long-run ROE, supporting sustainable franchise economics across cycles.
Robust Capital Generation And Shareholder ReturnsRemittances above targets, a rising dividend and an OSFI-approved buyback reflect strong capital generation and a conservative capital buffer. High LICAT and leverage below target create durable financial flexibility for buybacks, dividends and strategic deployment without compromising solvency.
Global WAM Scale And Margin ExpansionSustained gross flows and margin expansion highlight fee revenue resilience and operating leverage in asset management. Scale, acquisitions (e.g., Comvest) and margin gains support recurring fee income, diversifying earnings away from purely underwriting volatility over the medium term.
Bears Say
Free Cash Flow Decline And VolatilityA sharp TTM free cash flow decline signals weaker cash-conversion momentum and increased volatility in cash remittances. For an insurer, inconsistent FCF complicates capital planning, may constrain consistent shareholder returns, and raises sensitivity to market and underwriting cycles.
Material Net Outflows In Global WAMLarge quarterly net outflows meaningfully reduce AUM-dependent fee income and can pressure margins if sustained. Even with healthy gross flows, significant redemptions suggest retention or client-concentration risks that could impair medium-term revenue growth in wealth management.
Market/ALDA Losses And Spread PressureALDA underperformance and hedge-accounting losses reveal exposure to private asset returns and hedging effectiveness. Coupled with lower investment spreads and a 22% drop in U.S. core earnings, this highlights sensitivity of earnings and capital to market dynamics and asset-liability mismatches.
Manulife Financial News
MFC FAQ
What was Manulife Financial’s price range in the past 12 months?
Manulife Financial lowest stock price was C$41.08 and its highest was C$55.34 in the past 12 months.
What is Manulife Financial’s market cap?
Manulife Financial’s market cap is C$90.54B.
When is Manulife Financial’s upcoming earnings report date?
Manulife Financial’s upcoming earnings report date is Aug 05, 2026 which is in 57 days.
How were Manulife Financial’s earnings last quarter?
Manulife Financial released its earnings results on May 13, 2026. The company reported C$1.06 earnings per share for the quarter, missing the consensus estimate of C$1.096 by -C$0.036.
Is Manulife Financial overvalued?
According to Wall Street analysts Manulife Financial’s price is currently Undervalued.
Does Manulife Financial pay dividends?
Manulife Financial pays a Quarterly dividend of C$0.485 which represents an annual dividend yield of 3.49%. See more information on Manulife Financial dividends here
What is Manulife Financial’s EPS estimate?
Manulife Financial’s EPS estimate is 1.09.
How many shares outstanding does Manulife Financial have?
Manulife Financial has 1,676,743,000 shares outstanding.
What happened to Manulife Financial’s price movement after its last earnings report?
Manulife Financial reported an EPS of C$1.06 in its last earnings report, missing expectations of C$1.096. Following the earnings report the stock price went down -5.713%.
Which hedge fund is a major shareholder of Manulife Financial?
Currently, no hedge funds are holding shares in TSE:MFC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Manulife Financial Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$56.13 (5.50% Upside)
C$56.13 (5.50% Upside)
Blogger Sentiment
Bullish
TSE:MFC Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$4.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.53%
12-Months-Change
Fundamentals
Return on Equity
12.65%
Trailing 12-Months
Asset Growth
7.87%
Trailing 12-Months
Company Description
Manulife Financial
Manulife Financial Corporation is a global provider of financial products and services, operating across Asia, Canada, the United States, and other international regions. Its business is structured into three main segments: Wealth and Asset Management, Insurance and Annuity Products, and Corporate and Other. The Wealth and Asset Management segment delivers various investment solutions, including mutual funds, exchange-traded funds, group retirement and savings plans, and institutional asset management. These offerings are distributed via company-affiliated agents, brokers, securities firms, financial advisors, pension consultants, and banks. The Insurance and Annuity Products segment offers a comprehensive suite of protection and savings vehicles, such as individual life and long-term care insurance (for individuals and groups), guaranteed and partially guaranteed annuity products, and deposit and credit solutions. Its distribution network includes insurance agents, brokers, banks, financial planners, and direct marketing channels. The Corporate and Other segment handles property and casualty insurance, diverse reinsurance activities (including the management of run-off variable annuities and accident and health policies), and oversees timberland and agricultural portfolios. This segment also encompasses various specialized financial services, such as insurance agency operations, portfolio and mutual fund management, and investment advisory and dealer services. Established in 1887, Manulife Financial Corporation is headquartered in Toronto, Canada.
MFC Company Deck
MFC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive outlook: Manulife delivered record core earnings, strong new business CSM/NBV growth across Asia and other segments, generated remittances above expectations, returned significant capital to shareholders, strengthened balance sheet metrics, and advanced strategic and AI initiatives. Notable challenges included meaningful net outflows in Global WAM for the quarter, ALDA-related and hedge accounting charges that reduced net income, lower investment spreads and a material decline in U.S. core earnings (−22% YoY). Management characterized adverse U.S. mortality experience as short-term variability and emphasized diversified, capital-efficient businesses and a clear path to 2027 targets. Overall, positive operational and capital outcomes outweigh the quarter-specific market and investment headwinds.View all TSE:MFC earnings summariesMFC Stock 12 Month Forecast
Average Price Target
C$56.13
▲(5.50% Upside)
Technical Analysis
Sun Life Financial
―
Fairfax Financial Holdings
―
Great-West Lifeco
―
Intact Financial Corporation
―
Power Corp of Canada
―
Options Prices
Currently, No data available
---