TSE:MFC
Manulife Financial (MFC.TO)
54.16
+0.66 (1.23%)
as of Jun 5, 2026, 3:33:54 pm Market Open.
1636 watching
Financials 
Technical Analysis 0
Investor Insights
Jun 5, 2026, 12:00 amThis summary was created by AI, based on 27 opinions in the last 12 months.
Manulife Financial (MFC) is viewed positively by several analysts, who note its solid growth in Asia and the wealth management sector. The company is seen as a stable and reliable option, with a decent dividend yield that appeals to income-focused investors. Analysts acknowledge that while MFC has experienced some recent challenges, especially in its U.S. operations and corrections after strong performances, it maintains a healthy growth outlook. Concerns about the overall market and macroeconomic factors have led to suggestions of caution, but many believe MFC's valuation is still attractive relative to its peers, particularly the banks. In the long term, it remains a compelling investment opportunity with the potential for growth, other factors such as credit risk being minimal.
Consensus
Positive
Valuation
Fair Value
Similar
SLF
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Premium contentTOP PICK
MFC is a frustrating stock for many.
Time and again, it threatens to breakout at $27, but then something happens. Low interest rates don't help lifecos, but their business in Asia is growing, as Asian economies have recovered. Financials as a whole, are forecast to do better in 2021 as economies revive, but the street sees only a modest rise for MFC in the next 12 months, so a return to $27 may have to wait to 2022 when the world enjoy a complete recovery.
At least you're paid a 5% dividend to wait.
That dividend could grow in 2021, but investors may find higher growth in a Canadian bank.
insurance
Premium contentTOP PICK
MFC is a frustrating stock for many.
Time and again, it threatens to breakout at $27, but then something happens. Low interest rates don't help lifecos, but their business in Asia is growing, as Asian economies have recovered. Financials as a whole, are forecast to do better in 2021 as economies revive, but the street sees only a modest rise for MFC in the next 12 months, so a return to $27 may have to wait to 2022 when the world enjoy a complete recovery.
At least you're paid a 5% dividend to wait.
That dividend could grow in 2021, but investors may find higher growth in a Canadian bank.
insurance
Premium contentTOP PICK
MFC is a frustrating stock for many.
Time and again, it threatens to breakout at $27, but then something happens. Low interest rates don't help lifecos, but their business in Asia is growing, as Asian economies have recovered. Financials as a whole, are forecast to do better in 2021 as economies revive, but the street sees only a modest rise for MFC in the next 12 months, so a return to $27 may have to wait to 2022 when the world enjoy a complete recovery.
At least you're paid a 5% dividend to wait.
That dividend could grow in 2021, but investors may find higher growth in a Canadian bank.
insurance
Premium contentTOP PICK
MFC is a frustrating stock for many.
Time and again, it threatens to breakout at $27, but then something happens. Low interest rates don't help lifecos, but their business in Asia is growing, as Asian economies have recovered. Financials as a whole, are forecast to do better in 2021 as economies revive, but the street sees only a modest rise for MFC in the next 12 months, so a return to $27 may have to wait to 2022 when the world enjoy a complete recovery.
At least you're paid a 5% dividend to wait.
That dividend could grow in 2021, but investors may find higher growth in a Canadian bank.
insurance
BUY
The whole sector will benefit huge if interest rates and the yield curve rise. If so, MFC could outperform the sector. Financials have lagged, but will do very well in the future. Good growth from Asia for MFC. He expects dividend increases. The valuation is lower than peers now.
Lorne SteinbergOwned
insurance
BUY
Financials as a group will have a tailwind. This one's attractive. Worthwhile place to look. He'd be a buyer of Sun Life, which he owns.
insurance
TOP PICK
Cheap relative to Canadian peers and to its own historic levels. Growing. Well diversified geographically. Asia is a good growth engine for them. ROE is 11%, and there are structural tailwinds to this. Yield is 5.04%. (Analysts’ price target is $24.27)
Brian MaddenOwned
insurance
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly MFC is a financial and wealth services provider that pays a strong dividend backed by a payout ratio of 56%. It trades only 8x current earnings and trades at under book-value (87%) -- good value here. We would trade this with a $17 stop-loss looking to achieve $26 -- over 20% upside. Yield 5.17% (Analysts’ price target is $25.18)
insurance
PAST TOP PICK
(A Top Pick Dec 04/19, Down 10%) All financials got hammered in Covid meltdown. Earnings and FMV held in as the stock price collapsed. Now seeing a strong recovery and should go quite a bit further.
Ross HealyOwned
insurance
HOLD
Results today were in line, and they posted an investment gain. Likes the positioning in Asia, a faster growing region. Valuation of PE and price to book value very attractive. Dividend safe at these levels. Next 2-3 years, good capital upside potential. Keep holding.
Christine PooleOwned
insurance
COMMENT
A very cheap stock. However, all financials have been hammered. Once covid struck, the markets melted. Central banks cut interest rates to almost 0. Interest rate sensitive stocks have been hammered. If we get a recovery, and there is inflation, interest rates will rise and stocks like MFC will rally significantly.
insurance
HOLD
More horsepower in Manulife than Power Corp for a similar business. MFC has better risk/reward long-term, with a good-sized dividend while you wait.
Ryan BushellOwned
insurance
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