TSE:MFC

Manulife Financial (MFC.TO)

54.00
+0.50 (0.93%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
1635 watching
0
Investor Insights
star iconJun 6, 2026, 12:00 am

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

Manulife Financial (MFC) is viewed positively by many experts, who highlight its strong performance in Asia and robust wealth management services. The company is seen as a good long-term investment, particularly due to its attractive dividend yield and relatively low price-to-earnings ratio compared to banks. However, there are concerns regarding short-term earnings fluctuations, particularly in alternative portfolio results and U.S. operations. Market analysts suggest that while the stock has had a good run, cautious investors should watch for strategic entry points, as some believe it may be susceptible to macroeconomic challenges. Overall, the sentiment is that MFC is a solid income stock with potential for growth as it continues to navigate its complex business landscape.

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Consensus
Hold
valuation icon
Valuation
Fair Value
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BUY
Good international exposure. Likes their insurance exposure in Asia. Good dividend. Did a good job of restructuring. It will benefit if interest rates go up. Good entry point.
BUY
Sees good upside from here. Hedged some of the risks to the stock market, but not all of them.
BUY
He has a model price of $22.67. A positive differential of 35%. Speculative but would recommend a 2%-3% holding in your portfolio.
BUY
Good long-term investment. Ran their equity portfolio/fixed income business unhedged for many, many years. New management is moving to a more hedged position so they can generate more money from the business rather than being subject to the vagaries of the market. Asian exposure is becoming a more important part of the business. 3% yield.
COMMENT
Fundamentally it is one of the few insurance companies with such a vast capital structure. There needs to be some way to go up from here given the cost of capital. Reported some gains in the short book, which was not noticed by the market.
DON'T BUY
If you make the case that Asia becomes very big to them then you buy the stock. He doesn’t own it because the sector is out of favour. From a timing standpoint you are challenged. With low interest rates it impacts their ability to make money. Some of the products they had growth in have not been as profitable as they would have liked. He would prefer something that would really jump when the market gets moving.
COMMENT
Had a hard look at this one at a lower price but didn't buy because he was worried about transparency on their US liabilities. He would want to see another quarter or two before making a decision. Prefers banks.
TOP PICK
Their Asian business is a gem and they are not getting full credit for it. This part is larger than their Canadian operations if you include Japan. They're adjusting the problems were people felt they had too much exposure to the stock market.
DON'T BUY
Having a great day today because the markets are up a lot but unfortunately this has become a pretty high beta stock. Believes we will continue to see downside pressure on yields in the US, which is not good for this company.
PAST TOP PICK
(A Top Pick June 30/10. Up 6.86%.) Still likes. Less sensitive to changes in the capital markets. Likes what management is doing.
COMMENT
If yields rise, this company will benefit. Have been hedging but is only on a small percentage of the overall portfolio. Key growth area for them is Asia. Watching this as it is a bellwether.
BUY
Their troubles with the non-hedged exposure to the stock market are largely behind it. There is tremendous growth potential, particularly in Asia. Have a good wealth management business. Quite cheap.
BUY
Continuation of the bond market rally in the short term and pressure in the equity market hurts them but if you can stand the volatility in the short term, they are way better hedged now. Could easily double in the next 3 to 4 years. One of the best growth profiles of any North American financial.
DON'T BUY
Increasing hedging to reduce quarterly earnings fluctuations in the equity market and is the reason for the volatility. Owns their fixed income instruments instead, which are safer. Globally, insurers are quite cheap now because of investors concerns on real estate holdings. Would prefer Power Financial (PWF-T), which owns Great West Life (GWO-T).
BUY
Likes it and likes the Asian growth side. They are going to raise the dividend at some stage, perhaps latter half of 2012.
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