TSE:MFC
Manulife Financial (MFC.TO)
57.04
+0.49 (0.87%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
1634 watching
Financials 
Technical Analysis 0
Investor Insights
Jun 25, 2026, 12:00 amThis summary was created by AI, based on 28 opinions in the last 12 months.
Manulife Financial (MFC) has garnered mixed opinions from market experts. Many analysts recognize MFC's potential, particularly highlighting its growth in Asia and successful capital generation from legacy businesses. The consensus seems to indicate a solid long-term investment due to its steady dividend yield, with several experts suggesting that patience may be required as the stock navigates short-term fluctuations. Despite some concerns about past performance and market positioning against competitors, the company's strategy and management is viewed positively. Analysts mention the current valuation as reasonable compared to peers, suggesting MFC is a better option for income rather than growth. Overall, there is a cautious optimism about MFC's capabilities and future direction.
Consensus
Hold
Valuation
Fair Value
Similar
SLF-T
PAST TOP PICK
(A Top Pick Jan 07/20, Down 6%) COVID-19 had as much to do with the decline as anything, he suspects. The earnings projections from a year ago have hardly budged, so the intrinsic value has held up nicely. If interest rates moved higher in the next year, the banks and other financials will get help in their profitability.
Ross HealyOwned
insurance
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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
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