TSE:MFC
18.98
0.22
(1.17%)
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
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.
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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.
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.
WEAK BUY
WEAK BUY
May 19, 2020
It's trading near its 8-year low. MFC is most responsive to changes in equity markets. It's trading now at price-to-book of 0.6x, so you could probably buy it now and be fine, but an American one has sold off as much, but isn't enduring a restructuring like MFC. He prefers Lincoln National in the US where there is also insider buying. MFC doesn't have insider buying.
Show full opinionHide full opinionIt's trading near its 8-year low. MFC is most responsive to changes in equity markets. It's trading now at price-to-book of 0.6x, so you could probably buy it now and be fine, but an American one has sold off as much, but isn't enduring a restructuring like MFC. He prefers Lincoln National in the US where there is also insider buying. MFC doesn't have insider buying.
DON'T BUY
DON'T BUY
May 14, 2020
You want to buy companies that are good and getting better and thriving in the current environment. The difficulty with financials is that they are dependent on the environment going forward. If it was going to be a quick recovery it would be okay but the market is not telling you that. Buy it when the stock market is going to take off, or when the long term rates are about to move up a bunch. The insurance sector as a whole is under some pressure.
Show full opinionHide full opinionYou want to buy companies that are good and getting better and thriving in the current environment. The difficulty with financials is that they are dependent on the environment going forward. If it was going to be a quick recovery it would be okay but the market is not telling you that. Buy it when the stock market is going to take off, or when the long term rates are about to move up a bunch. The insurance sector as a whole is under some pressure.
HOLD
HOLD
May 13, 2020
China exposure? All the Canadian life companies reported earnings last week. As they collect premiums up front and invest in bonds, etc. until they need to payout, they are now at risk to losses on those investments. She feels MFC is emerging from this much better than back in 2008 and thinks the balance sheet is much stronger. She owns it and will continue to do so. Their Asian market exposure offers a great long term opportunity.
Show full opinionHide full opinionChina exposure? All the Canadian life companies reported earnings last week. As they collect premiums up front and invest in bonds, etc. until they need to payout, they are now at risk to losses on those investments. She feels MFC is emerging from this much better than back in 2008 and thinks the balance sheet is much stronger. She owns it and will continue to do so. Their Asian market exposure offers a great long term opportunity.
DON'T BUY
DON'T BUY
May 8, 2020
He would stay clear of this. The market is saying there is something wrong with the balance sheet. You would be better off looking for better quality companies.
Show full opinionHide full opinionHe would stay clear of this. The market is saying there is something wrong with the balance sheet. You would be better off looking for better quality companies.
DON'T BUY
DON'T BUY
May 4, 2020
MFC-T vs. SLF-T. He would not jump from one to the other unless you have some great knowledge. They are facing lots of headwinds from low interest rates. MFC-T never recovered from the financial crisis. He is not interested in owning the lifecos except BRK-N.
MFC-T vs. SLF-T. He would not jump from one to the other unless you have some great knowledge. They are facing lots of headwinds from low interest rates. MFC-T never recovered from the financial crisis. He is not interested in owning the lifecos except BRK-N.
BUY
BUY
May 1, 2020
Dividend safe? He likes and owns MFC. The yield is juicy as the stock price has fallen -- about 6.6%. He thinks it is secure and the payout ratio is expected to be about 45%. It has a strong credit rating. It will face issues with the outlook for their investment business in bonds and mortgages. The re-investment yields are much lower today. Their wealth asset management business will likely be negatively impacted as well. He still seems them as a leader in the space. Earnings have grown at 9% annually and he thinks that will return. It trades at only 6 times earnings. He would buy today.
Show full opinionHide full opinionDividend safe? He likes and owns MFC. The yield is juicy as the stock price has fallen -- about 6.6%. He thinks it is secure and the payout ratio is expected to be about 45%. It has a strong credit rating. It will face issues with the outlook for their investment business in bonds and mortgages. The re-investment yields are much lower today. Their wealth asset management business will likely be negatively impacted as well. He still seems them as a leader in the space. Earnings have grown at 9% annually and he thinks that will return. It trades at only 6 times earnings. He would buy today.
COMMENT
COMMENT
April 29, 2020
MFC vs SLF He sees a lot of value in the insurance sector. He owns MFC, but there is no flaw in holding SLF either. MFC has growth focused on Asia. Both are undervalued at about 7 times earnings.
Manulife Financial(MFC-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 39
Neutral - Hold Signals / Votes : 14
Bearish - Sell Signals / Votes : 10
Total Signals / Votes : 63
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, 63 stock analysts published opinions about MFC-T. 39 analysts recommended to BUY the stock. 10 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 2020-07-14. 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?
63 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 2020-07-15, Manulife Financial (MFC-T) stock closed at a price of $18.98.
