TSE:MFC

Manulife Financial (MFC.TO)

61.73
+0.50 (0.82%)
as of Aug 14, 2026, 8:00:00 pm Market Open.
1631 watching
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Investor Insights
star iconAug 14, 2026, 12:00 am

This summary was created by AI, based on 27 opinions in the last 12 months.

Manulife Financial (MFC) has shown a solid performance in recent quarters, buoyed by its strong presence in Asia and effective wealth management strategies. However, there are concerns regarding its valuation, as it is perceived to be somewhat overbought, trading over 2x book value with limited earnings growth expected in the near future. Despite these concerns, many experts highlight its decent dividend yield and ongoing growth potential, particularly in its Asian markets. The recent implementation of a tax on MFC products for mainland Chinese residents adds a layer of uncertainty. Overall, the sentiment among analysts is cautiously optimistic, with a call for careful monitoring of market conditions and potential entry points for investment.

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Consensus
Cautious
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Valuation
Fair Value
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GWO
BUY
Now getting their house in order but there is still a degree of scepticism based on what would happen to capital requirements in another market meltdown. If you are looking out 2 to 3 years, it is a Buy.
DON'T BUY
(Market Call Minute) Not too keen on them. How well can they invest the premiums while they are holding onto them.
BUY
It will be higher in a couple of years. He believes in the management. Great diversity. Great levered play on the Canadian market and economy. Good story with lots of life left in it.
BUY
Likes a number of things about it. Trades at book value. Likes life insurance business in Asia. Question mark lies in its exposure to the markets. He thinks that is discounted in stock price and continues to buy it.
HOLD
Same predicament as the rest of us as investors. It has to invest premiums in the market, which is difficult. Has new boss who take action like trimming the dividend. He is not sure what the future is. He doesn’t think it will go anywhere. Has halved his position.
COMMENT
Their variable annuity business got them into trouble.
BUY
Took a half position (2%). Have great exposure in China and will be in India. Good entry point for a 3-year view.
BUY
Recently re-invested in. In 2009 they shocked the street with their second equity issue. They are a global leader that disappointed the market with the raising of equity. He accumulated a half position when it went under $19. The time to buy these types of companies is when no one likes them. They have a capital base that should withstand pressures.
BUY
Trading at 10X earnings. Have bolstered the balance sheet and it is very sound financially. Almost 3% yield.
BUY
(Market Call Minute) Going in the right direction.
BUY
Dividend being cut in half took him by surprise, but once it happened he decided to stick with the stock. Dividend will increase over time. Very well positioned in the life business, particularly with its growing business in Asia. Expects more upside in 2010 than what the banks will have.
HOLD
It is unfortunate about the dividend cut and the equity raise of $2.5 million but all the bad news is in the price. Dividend will be back where it was 5 years ago.
BUY
This is one of the better plays in the financial sector. Capital position is much better shape than it was. Have international growth. Valuation is attractive. Would take this over the bank stocks currently. 2.6% yield.
TOP PICK
Premier insurance company in the country but has gone through some hard times because of exposure to the equity markets. Cut their dividends and raised a lot of equity so a lot of shareholders threw in the towel but the name of the game for financial companies is going to be capital.
SELL
This would be his 3rd choice in Canadian lifecos. It ended up being a leveraged play on the US stock market. Still has 75% of their equity exposure unhedged. Has not been shareholder friendly. Have raised massive amounts of money twice to build up their balance sheet as well as cutting the dividend in half.
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