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 26, 2026, 12:00 am

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

Manulife Financial (MFC) has garnered mixed reviews from experts, reflecting a range of perspectives on its current standing and future potential. Several analysts highlight the company's strong dividend yield and its robust performance in Asia, suggesting it may be a worthwhile long-term investment, particularly for those seeking income rather than growth. However, concerns regarding earnings fluctuations, market pullbacks, and comparisons with peers like Sun Life Financial indicate that MFC may not be as attractive as other options in the life insurance sector. Many experts recognize the potential for capital appreciation, yet they caution that the stock faces headwinds, especially when considering broader market dynamics and the performance of similar financial institutions. There is a prevailing sentiment that the stock remains a reliable choice, albeit needing careful monitoring amidst potential market corrections.

consensus icon
Consensus
Hold
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Valuation
Fair Value
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Similar
SLF
WEAK BUY
If interest rates and stock market go up, then MFC will go up. They take premiums and invest in bonds. The bonds roll over and with low interest rates, the returns are terrible. He thinks interest rates will go higher and economy will continue to recover, so he says nibble at it and don’t make it a major position.
DON'T BUY
His concern is their exposure to their equity book. This stock is really a call on the market because if it should continue to be sloppy, they are about 50% hedged on equity exposure. Also it is hard for them to get a return on fixed income.
HOLD
Has been a disappointment. Great sensitivity to the equity market and low interest rates. They will survive but doesn't look like they will improve anytime soon. If you own, look to Average Down at around $12.
HOLD
Feels it is bottoming. The pressure has to be on for them to hold the dividend. Pretty good yield. Have some Far East exposure.
RISKY
MFC was hammered in the last part of June by the stock market and again today because they were hit by write-downs and the bond market. Also saw lousy earnings from SLF. Thinks the stock is oversold today. Would really be taken by surprise if they cut the dividend again. Earnings from on going operations were only a little below guidance – a little soft, but not like the overall numbers. This is the number you want to look at going forward.
RISKY
You may see more dumping at the end of the quarter when mutual funds don’t want to show it in their portfolio. Wouldn’t be surprised if it is not a $1 higher at the end of the week. Believes it is worth more.
DON'T BUY
A stock that is leveraged so heavily to the equity market. We may see a pickup in the sock right now because they just came out with a loss leading up to June. He doesn’t see equity market forging ahead so would not recommend it right now
HOLD
Still trashed. Popped today on news. Some bottom fishing going on with this company. Always a hope that you get into the 20’s again. It should be around the bottom here.
BUY ON WEAKNESS
Long-term this company will survive and prosper. Extremely strong balance sheet and its reserve ratio is amongst the highest in Canada. However, it is fairly sensitive to what happens in the equity market. Lifecos will start reporting in the next week or so and he is possibly expecting some bad news on this one, which could create a buying opportunity.
DON'T BUY
Doesn't like the life insurance space right now. This one is a higher risk than its peers. High degree of earnings sensitivity to the equity market.
DON'T BUY
His concern is that there may be something in the woodwork that we still don’t know about.
BUY
It’s painful to hold. Clients are averaging down. Have lots of leverage to stock markets and interest rates. Will have to increase their reserves in both second and third quarters. Analysts have turned in the towel for this year. In couple of years they can release reserves and that boosts earnings. Buy for two or three years.
HOLD
There is concern that Q2 could be quite negative but they are trading at less than 50% of their market cap. If you have a longer-term time span, this is a company that will work its way through its difficulties, but may take 1 or 2 years.
PAST TOP PICK
(A Top Pick July 21/09. Up 17.6%.) Capital Trust II maturing 12/31/19. Hasn't been a great stock story, but typically what is good for bonds is not good for stocks.
SELL
As long as stock markets are not robust and interest rates remain low, this is a negative for this company.
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