Manulife Financial (MFC.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Manulife Financial (MFC.TO)

60.02

-0.65 (1.07%)

as of Jul 23, 2026, 1:59:53 pm Market Open.

1632 watching

Investor Insights

Jul 22, 2026, 12:00 am

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

Manulife Financial (MFC) has garnered a mostly positive outlook among various experts, highlighting its competitive positioning within the Canadian financial sector, particularly in comparison to major banks like TD and SLF. Analysts note MFC's ongoing strength in wealth management and healthy growth prospects in Asia, although there are concerns regarding its current valuation, as it trades over 2x book value and exhibits only moderate earnings growth. Despite being classified as slightly overbought, its charts remain healthy, with many recommending caution yet seeing potential for growth in the long run. The company's strong dividend yield and management strategies, particularly in alternative investments, also contribute to a favorable long-term investment story, although short-term volatility may present opportunities for those willing to enter at lower price points.

Consensus

Positive

Valuation

Fair Value

Similar

SLF,SLF

BUY

Target price is $30. Perpetual underperformer, but it sets up really nicely. Trading at 6.3x 2023, with growth rate over 10%, dividend growth. Almost a no-brainer at this valuation. Good choice for spare cash.

TOP PICK

Steepening yield curve. Wealth management continues to be in more demand. Asia represents 38% of its overall revenue, greater than any of its NA peers, and will benefit long-term from growing middle class. Discount to peer group at 1x price to book. Yield is 4.32%, expected to grow around 10% a year. (Analysts’ price target is $30.44)

DON'T BUY

Company is a tough investment to make. Struggling to recover from mistakes made 10 years ago. Trying to earn return in negative interest rate environment for policy holders + shareholders is difficult.

DON'T BUY

MFC vs. SLF SLF is head and shoulders above MFC. SLF's model price is $78.85 (11% upside), nice yield of 3.2%, seems to be functioning. MFC, on the other hand, has been the same price for the last 15 years.

TOP PICK

Believes stock is very cheap. Not sensitive to market moves. Capital ratios and other major metrics improved, yet still cheap stock. Business is a solid, boring business.

STRONG BUY

Raised dividend by 18%. Growing business in NA and China. 80% of business is based on fixed income. If we see rising rates, will definitely benefit. Attractive proposition right now. Seasonally also tends to do well at this time. Yield is over 5%.

WEAK BUY

Why is this undervalued given its positive metrics? The answer is MFC's exposure to China, one of the worst-performing asset classes this year, which is surprising given the lack of Covid cases. Lifecos historically are a very good way to play rising interest rates. That could be another factor to like MFC.

BUY

Trades at a discount. Asia has powered much of its growth. No problems owning it in a rising interest rate environment. He's looking at EPS in the $4 range over the next couple of years, and a dividend of 5.5%. Starting to be more generous in dividends.

HOLD

MFC vs. SLF Both struggling. Have to invest in fixed income at low rates. Both problems growing business. MFC has struggled more with its international expansion. Neither is a great longer term grower. He'd choose MFC because of the dividend. If you sell one, pay attention to the tax hit. Yield is 4.6%, safe. SLF yield is around 3%.

PAST TOP PICK

(A Top Pick Dec 02/20, Up 8%) Double digit dividend increase. Perennially cheap, in stark contrast to its earnings growth rate. Good footprint in Canada, US, and Asia. Sees good upside, continues to buy.

BUY

Manulife vs. Canadian Tire as a dividend play He nearly made MFC a top pick today. He'd certainly buy. They just hiked their dividend and in the US they offloaded a lot of long-term risk. He through the market would have been more positive about the latter. Pays a 5.5% dividend now. Catalysts are head driven by new managers. He prefers MFC over Canadian Tire which faces rising input costs, lots of competition and weaker management. That said, CT is a decent investment.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate MFC, a Canadian based financial and wealth services provider, as a TOP PICK. It pays a strong dividend backed by a payout ratio of 33% of cash flow. It trades only 7x current earnings, compared to peers at 12x, and it is valued right near book value. We recommend trailing up the previously recommended stop (from $17) to $21 looking to achieve $30 -- over 29% upside. Yield 4.7% (Analysts’ price target is $30.00)

BUY

Insanely cheap. Under 8x earnings. Dividend yield 5%. Improved capital ratio dramatically. Lifecos benefit a bit more from rising rates, and they're all trying to reduce their sensitivity to rates by diversifying into wealth management.

PAST TOP PICK

(A Top Pick Dec 03/20, Up 13%) Interest rate sensitivity has been dialed down since the financial crisis, but it's still there. Especially likes the excellent wealth and asset business, as well as exposure to the Asian EM consumer. Undemanding valuation at 7-8x earnings, yield of about 4%. Major discount to banks and peers. Good upside and re-rating potential.

WEAK BUY

It has not been performing well in the last few months but is a stable trade going forward. He likes their exposure in Asia.

Showing 211 to 225 of 2,283 entries

Most Recent Experts

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

John Stephenson

Stephenson & Company Capital Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Julien Nono-Womdim

Goodreid Investment Council

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Manulife Financial (MFC.TO)