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
DON'T BUY
Doesn't own any of the insurance companies. They fund their liabilities through their investments. With equity markets being volatile and interest rates low, results have been pretty bad. These are a leveraged bet on the capital market. You are better off with banks because you at least get better dividends and more safety.
DON'T BUY
Insurance company invests life-premiums into bonds. Long bond yields are at record lows making it very difficult for them to make money on their portfolios. This copy is selling more life insurance in Asia and have mostly hedged their exposure to the stock market but difficult to see any buoyant prospects for insurance companies when the bond yields are so low.
DON'T BUY
Had a breakdown in 2008 and has been in a downtrend for the past 3 years. Has formed any kind of a base yet.
WEAK BUY
Was a 2% position but now is less. Underlying business is fine and growing well. The necessity of marking the market because bond prices are low is the problem. 4-5% downside risk both here and in the states. He would buy it here if you want something in this space.
PAST TOP PICK
(A Top Pick Sept 30/10. Up 5.91%.) Still likes.
COMMENT
Just reported a huge loss. When interest rates and stock markets go up they'll do better. Likes the stock but not cheap enough for him to buy. Would prefer it around $10.50.
BUY
Has dealt with bulk of issues that got them in trouble. Great Asian operations and at this price, a ton of upside in this stock.
WAIT
Been a tough one. All life insurance cos. are exposed to interest rates. They put in significant hedges, but they can’t come out from under the low interest rates. You will have to wait a while before you see growth. It is not an emphasis in his portfolio. Wait 6, 9, or 12 months at least.
DON'T BUY
Sun Life (SLF-T) just reported quarter earnings and weak guidance. This illustrates that in volatile periods in equity/fixed income markets lifecos have a difficult time hedging their portfolios. Would prefer the banks instead.
TOP PICK
Series 2. (MFC.PR.B-T) 4.65%. A perpetual preferred share with a possible call date March 19. Doesn't expect they will call it. There has been a black cloud over this company, which presents a bit of an opportunity. Current yield is 5.38%.
TOP PICK
Large-cap stock and ranks well fundamentally. Has been seeing some really nice intraday moves. Has potential to go to the $15 level. Nice dividend.
SELL ON STRENGTH
If you have a very long time frame, 5+ years, it is a descent long-term hold. Dividend will likely not increase. If this market rally is sustainable, then this one will participate. Then you could sell it.
DON'T BUY
A recovery story but to recover, it needs higher interest rates and higher markets. As the cost of capital falls, their long-term payouts rise. Tough time right now.
DON'T BUY
He is looking for an opportunity to sell his holdings. If interest rates are kept low for the next couple of years, it will not help this company, which has exposure to the bond market and the equity markets.
PAST TOP PICK
(A Top Pick Aug 19/10. Down 0.04%.) All that is needed is for the rates to stop going down.
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