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
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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
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Valuation
Fair Value
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GWO
BUY
Thinks sentiment has turned on it. Model price above $22. Is waiting for the Sept 30 balance sheet. Owns 2.5% position and would be a buyer. If market was to turn down or investors sniffed a recession, this stock would turn down.
PAST TOP PICK
(Top Pick Nov 30/09, Down 21.63%) Sold it after he did the top pick last year.
COMMENT
The worst is over. Even though they made such a big loss. If you buy today, you are making a bet that interest rates AND especially the stock market are going to go higher. Interest rates – how much lower can they go? They are looking at being fully hedged by 2015. Balance sheet is in much better shape. He thinks they will be going on with $1.50 in earnings being normal.
DON'T BUY
He would just as soon stay away from it, but some day it will be a screaming buy.
DON'T BUY
If they turn it around, it probably will be a good investment. Not hedging variable annuity products was an unforgivable mistake. He owns Allstate.
DON'T BUY
Banks have a similar seasonal aspect. We are in their season. With MFC you are playing the equity markets. Interest rates going down also hurt them. If equity markets start picking up again you might see MFC get some life back into it. But they have to keep adjusting their reserves. Not his favourite stock. Early ’09 may not be the bottom. It could scrape along the bottom for a bit longer.
COMMENT
You might have to wait 3 years on this one. Doesn't expect there will be any further harm. The general market should recover for them and hopefully they won't make the same mistakes they have in the past.
SELL
Some events in the last couple of years were a surprise to shareholders so predictability came out of the stock. Investment portfolio ended up under water. June quarter closed out at the low of the market, so took a hit. On this one you miss growth and the interest rate picture. (He is Short this stock.)
HOLD
Debate in his office is whether they should double up their holdings or Sell. They have decided just to keep what they have. 4% yield. If stock market and interest rates go up, they'll be fine. It could take 3 to 4 years.
PAST TOP PICK
(Top Pick Oct 14/09, Down 40%) He hopes it get back to $20. It is a longer play than he was hoping. He has averaged down. People are expecting to see a potentially large write down when they report on Nov 4th. He thinks that is priced into the stock today.
DON'T BUY
He is not the expert but you have a company that is entirely leveraged to the equity markets. Could potentially loose a lot of money in certain conditions. Other stocks don’t have these risks. He can get tech stocks with 8 or 9 times earnings.
DON'T BUY
A lot of people say the stock is a joke. But there is light at the end of the tunnel. When the stock market goes up, that is very positive for MFC. It is trading at less than book value and it could be worth $20 (book value) a year from now.
HOLD
Use it as a warrant on the market and will trade up and down with it because of its exposure to some of its long dated annuities. Looking for better markets into 2011 so would continue to Hold.
TOP PICK
4.079% bond due Aug 20/15. Raised a lot of capital and too big to fail. Come under a lot of pressure because of their MCCSR ratios and market has punished them. Very sensitive to interest-rate and equity market moves. If nothing happens economically, you get paid your coupon and get your money back.
SELL
You may want to take a tax loss and re-invest 30 days into the new year. Now is not a good time to buy it. They are having trouble building reserves against possible market decline. Wait for the stock to build a base before buying.
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