TSE:MFC
18.27
0.10
(0.55%)
Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario, Canada.
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Manulife Financial
MFC-T
Analysis and Opinions about MFC-T
Signal
Opinion
Expert
HOLD
HOLD
September 4, 2020
The financial complex has been hit with low interest rates that has made it harder to make money on the lending spread. The liabilities are also valued at future claims so when interest rates go down, it is a headwind. The company is doing all the right things by reducing exposure to markets and their Asian operations are doing well.
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The financial complex has been hit with low interest rates that has made it harder to make money on the lending spread. The liabilities are also valued at future claims so when interest rates go down, it is a headwind. The company is doing all the right things by reducing exposure to markets and their Asian operations are doing well.
BUY
BUY
August 21, 2020
The valuation is low with low price to book. The dividend is quite good. There is just negative sentiment around lifecos in general. The market has just not responded to what they are doing. Interest rates are likely to be low for a long time which is punitive to them.
Show full opinionHide full opinionThe valuation is low with low price to book. The dividend is quite good. There is just negative sentiment around lifecos in general. The market has just not responded to what they are doing. Interest rates are likely to be low for a long time which is punitive to them.
PAST TOP PICK
PAST TOP PICK
August 13, 2020
(A Top Pick Jul 12/19, Down 10%) Good earnings, but hurt by the perception and reality of low interest rates. Trading less than 10x earnings. A bit contrarian, but still a good entry point around $20.
Show full opinionHide full opinion(A Top Pick Jul 12/19, Down 10%) Good earnings, but hurt by the perception and reality of low interest rates. Trading less than 10x earnings. A bit contrarian, but still a good entry point around $20.
HOLD
HOLD
August 12, 2020
Undervalued, solid yield, reasonable payout ratio. Caught up in the value trade. Scores in top 2% of valuation. Will do better when yields start to rise. Will catch a bid with inflation. Don't give up on it.
Show full opinionHide full opinionUndervalued, solid yield, reasonable payout ratio. Caught up in the value trade. Scores in top 2% of valuation. Will do better when yields start to rise. Will catch a bid with inflation. Don't give up on it.
PAST TOP PICK
PAST TOP PICK
July 17, 2020
(A Top Pick Jul 11/19, Down 16%) All the financial companies, including insurance and the banks, have been hammered. Low interest rates makes it difficult for these companies to make profit. When confronted with issues like these, the company has done a fine job to develop new sources of earnings. Their earnings are as high or higher than last year, when he recommended the stock. The stock is tremendously cheap at this level.
Show full opinionHide full opinion(A Top Pick Jul 11/19, Down 16%) All the financial companies, including insurance and the banks, have been hammered. Low interest rates makes it difficult for these companies to make profit. When confronted with issues like these, the company has done a fine job to develop new sources of earnings. Their earnings are as high or higher than last year, when he recommended the stock. The stock is tremendously cheap at this level.
TOP PICK
TOP PICK
July 17, 2020
When prices get down to silly valuations you just have to buy. It is very, very cheap. It has been this cheap three times in the past 10 years, but the earnings just keep rising. Yield 5.86% (Analysts’ price target is $22.32)
Show full opinionHide full opinionWhen prices get down to silly valuations you just have to buy. It is very, very cheap. It has been this cheap three times in the past 10 years, but the earnings just keep rising. Yield 5.86% (Analysts’ price target is $22.32)
BUY
BUY
July 16, 2020
An uneven ride. New CEO had done a good job focusing on higher growth areas and which legacy business to get rid of. All lifecos faced writedowns because of Covid. Trades at a low price to book value, and a discount to its peers. Favours its positioning in Asia, a higher growth area and a good growth opportunity. (Analysts’ price target is $22.00)
Show full opinionHide full opinionAn uneven ride. New CEO had done a good job focusing on higher growth areas and which legacy business to get rid of. All lifecos faced writedowns because of Covid. Trades at a low price to book value, and a discount to its peers. Favours its positioning in Asia, a higher growth area and a good growth opportunity. (Analysts’ price target is $22.00)
COMMENT
COMMENT
July 14, 2020
Based on fundamentals, why is this so low? Very low interest rates are a reason. Insurance companies are great when rates rise. MFC is well-managed and have turned around the company in the past company, and their Asian operations are a definite plus. MFC should return to $25-30 when rates and the wider economy recover.
Show full opinionHide full opinionBased on fundamentals, why is this so low? Very low interest rates are a reason. Insurance companies are great when rates rise. MFC is well-managed and have turned around the company in the past company, and their Asian operations are a definite plus. MFC should return to $25-30 when rates and the wider economy recover.
PAST TOP PICK
PAST TOP PICK
July 7, 2020
(A Top Pick Jul 11/19, Down 19%) MFC is hurt by very low interest rates; all financial stocks are. Short term this will hurt earnings, but long term he likes their huge AUM across Canada, America and Asia. Their Asian operations will see rising demand from the Asian middle class needing insurance. Since the recession, they sold a lot of operations that were interest-rate sensitive, and lingering investor fears about this are unwarranted.
Show full opinionHide full opinion(A Top Pick Jul 11/19, Down 19%) MFC is hurt by very low interest rates; all financial stocks are. Short term this will hurt earnings, but long term he likes their huge AUM across Canada, America and Asia. Their Asian operations will see rising demand from the Asian middle class needing insurance. Since the recession, they sold a lot of operations that were interest-rate sensitive, and lingering investor fears about this are unwarranted.
BUY
BUY
June 29, 2020
They made a strong effort at communicating with the investment community. Their first quarter was fairly good. They have a strong capital base. The dividend is not in jeopardy.
Show full opinionHide full opinionThey made a strong effort at communicating with the investment community. Their first quarter was fairly good. They have a strong capital base. The dividend is not in jeopardy.
HOLD
HOLD
June 24, 2020
Frustrating stock! Fundamentally, the company's new CEO has been right-sizing operations and with the virus this year premiums collected have had a hard time finding yield. This has hurt the stock in the first quarter. The price to book is 0.6 times -- very attractive. She thinks this is a good hold and you have to think longer term. She does own this.
Show full opinionHide full opinionFrustrating stock! Fundamentally, the company's new CEO has been right-sizing operations and with the virus this year premiums collected have had a hard time finding yield. This has hurt the stock in the first quarter. The price to book is 0.6 times -- very attractive. She thinks this is a good hold and you have to think longer term. She does own this.
WAIT
WAIT
June 12, 2020
GWO vs MFC vs SLF? In general, he thinks all insurance companies are safe here. They don't have the threat of rising loan losses, like the banks do. They trade cheaper than the banks. Capital ratios are solid. They are finding ways to deal with low interest rates. GWO has a good job. MFC is very cheap, compared to its peers. SLF has been the steady eddy of the group. He likes them all. He would buy now, but you might be able to purchase them cheaper in the next couple of months.
GWO vs MFC vs SLF? In general, he thinks all insurance companies are safe here. They don't have the threat of rising loan losses, like the banks do. They trade cheaper than the banks. Capital ratios are solid. They are finding ways to deal with low interest rates. GWO has a good job. MFC is very cheap, compared to its peers. SLF has been the steady eddy of the group. He likes them all. He would buy now, but you might be able to purchase them cheaper in the next couple of months.
TOP PICK
TOP PICK
June 5, 2020
He liked this around $18. He does not know why it has been a laggard for so long. If are really are in a full recovery, assets values in personal wealth should recover -- although he is a little skeptical. You would be well served owning it below $20. Yield 5.82% (Analysts’ price target is $22.22)
Show full opinionHide full opinionHe liked this around $18. He does not know why it has been a laggard for so long. If are really are in a full recovery, assets values in personal wealth should recover -- although he is a little skeptical. You would be well served owning it below $20. Yield 5.82% (Analysts’ price target is $22.22)
BUY
BUY
June 4, 2020
Low interest rates are not great for insurance companies. He thinks the risks are priced in. He thinks it will get a tail wind with the rest of the financials playing catch-up to the markets.
Show full opinionHide full opinionLow interest rates are not great for insurance companies. He thinks the risks are priced in. He thinks it will get a tail wind with the rest of the financials playing catch-up to the markets.
HOLD
HOLD
May 25, 2020
It has been a frustrating stock going back to '08/'09. He feels it is undervalued. It's like the banks where investors have concerns about the financial sector. Some of the concerns are real and MFC-T just gets lumped into it. This is a stock you would buy and hold for a long term, so at current levels it is not a bad opportunity.
Show full opinionHide full opinionIt has been a frustrating stock going back to '08/'09. He feels it is undervalued. It's like the banks where investors have concerns about the financial sector. Some of the concerns are real and MFC-T just gets lumped into it. This is a stock you would buy and hold for a long term, so at current levels it is not a bad opportunity.
Manulife Financial(MFC-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 31
Neutral - Hold Signals / Votes : 14
Bearish - Sell Signals / Votes : 7
Total Signals / Votes : 52
Manulife Financial(MFC-T) Frequently Asked Questions
What is Manulife Financial stock symbol?
Manulife Financial is a Canadian stock, trading under the symbol MFC-T on the Toronto Stock Exchange (MFC-CT). It is usually referred to as TSX:MFC or MFC-T
Is Manulife Financial a buy or a sell?
In the last year, 52 stock analysts published opinions about MFC-T. 31 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Manulife Financial.
Is Manulife Financial a good investment or a top pick?
Manulife Financial was recommended as a Top Pick by Jamie Murray on 2020-09-04. Read the latest stock experts ratings for Manulife Financial.
Why is Manulife Financial stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Manulife Financial worth watching?
52 stock analysts on Stockchase covered Manulife Financial In the last year. It is a trending stock that is worth watching.
What is Manulife Financial stock price?
On 2020-09-24, Manulife Financial (MFC-T) stock closed at a price of $18.27.
