TSE:MFC

Manulife Financial (MFC.TO)

57.19
+0.15 (0.26%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
1634 watching
0
Investor Insights
star iconJun 27, 2026, 12:00 am

This summary was created by AI, based on 28 opinions in the last 12 months.

Manulife Financial (MFC) has received mixed reviews from experts, highlighting its strengths in capital management, particularly in Asia and wealth management. Several analysts view it as a reliable income stock, benefiting from a decent dividend yield, yet caution against its growth potential compared to Canadian banks. The company has faced short-term challenges, including mixed results from its alternative portfolio and limited growth in its U.S. operations, which has sparked some concerns. Analysts suggest waiting for opportunities to buy during pullbacks, given its valuation relative to major financials, alongside the potential for increased profitability stemming from rising interest rates. Overall, while MFC is generally recognized for its stability and improvements in earnings quality, it struggles to capture investor attention amidst recent market shifts.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
review icon
Similar
SLF-T
DON'T BUY
Not a fan of this company. Was a leveraged bet on the US stock market but has recently become a bet on US interest rates. Life insurance companies do better when interest rates are high so this stock has moved up in tandem. Believes interest rates are vulnerable.
DON'T BUY
He is not a big investor in turnaround situations. MFC, for all the good pieces of their business has been going through difficulty in some of their other businesses. You are less likely to have significant growth in the business. We have to see how this turnaround goes.
BUY
Had a really rough time during the financial crisis and are still in re-building mode. Have hedged some more of the loan book and annuity book. Sees upside from here. (See Top Picks.)
BUY
As we approached the financial crisis, most people would have thought insurance companies would be a much safer investment but Cdn banks turned out the place to be. New CEO has done a great job at reducing the leverage and the risk. Feels it is reasonable now and out of the woods but will be very dependent on the market.
PAST TOP PICK
(A Top Pick Jan 22/10. Down 8.81%.) Sold his holdings at around $14. Not interested in going back in.
BUY
Has a lot of faith in management. Steps they have taken to de-risk the company is way ahead of schedule. Becoming a big player in Asia. Expecting they will be earning 12%+ ROE again soon and down the road could get back to 14%-15%.
TOP PICK
From a growth perspective, earnings got better in the last quarter, equity and bond markets are starting to rise and their expansion into Asia is positive. Has long-term double-digit growth. Technically the 50-day moving average has moved above the 200 day (Golden Cross). Projected 3-year dividend growth of 13% per year.
BUY
Had a turnaround off the $9 lows. Management did a good job there adjusting the capital market exposure by de-risking it. The stock has participated. This is a reasonable entry point. It really still comes back to capital markets and how they will do as well as bond markets. Over time it will be a good total return.
BUY
2 things have happened. Unhedged products are benefiting from higher interest rates and rising stocks, and they are now hedging again 50% of products. Thinks dividend increase will be 2 years out.
HOLD
Insurance companies are starting to gain strength. The annuity levered play on the stock market hurt Manu Life’s balance sheet severely. New management is more conservative. Looking at 3,300 insurance companies globally, this one is at the top. Trading at a discount but is starting to slowly pay dividends. Likes.
PAST TOP PICK
(Top Pick Jan 29/10, Down 9.53%) Made some descent recovery recently. A booming equity market will really help them. But there are better place to put your money in the shorter term.
COMMENT
Insurance companies primarily invest in the bond market and with long bonds at record low yields, they aren’t making as much money as they used to. If, as he believes, interest rates are going higher in 2012 and beyond, earnings will accelerate, which would be bullish for insurance companies.
PAST TOP PICK
(Top Pick Jan 8/10, Down 14% Total Return) Had a rough ride and bought more, averaging down. A call on markets. If equity or interest rates go up, they do well. Could take 2 to 3 years but would hold on.
COMMENT
Has had a good recovery. Key to this one is how well equity markets are going to do as there is a concern that their equity products have some hidden liabilities in them. Speculative.
BUY
If stock markets are good in the next couple of months, then this will be good for a trade. He bought Great West Life because of dividend. Don’t be a afraid to take profits if you have an opportunity.
Showing 1,351 to 1,365 of 2,281 entries