Related posts

Bitcoin surges as stocks fadeKey earnings weigh on marketsRally broadens
Investor Insights

This summary was created by AI, based on 49 opinions in the last 12 months.

Manulife Financial (MFC-T) has received mixed reviews from experts. While some experts praise the company's excellent balance sheet strength, capital allocation, and performance in the Asian market, others are more cautious, citing concerns such as underperformance and limited growth potential. Overall, the company seems to have a strong presence in Asia and offers a good dividend yield, but its long-term growth prospects remain uncertain.

Consensus
Mixed
Valuation
Fair Value
TOP PICK
Manulife Financial

Share price up nicely - a little strong, but overall very good trends.. Excellent balance sheet strength. Capital allocation very strong the past few years. Excellent CEO. Recently selling problematic assets. Seeing rebound in Asia market. Good for shareholders in the long term. Core holding in income portfolio. 

insurance
HOLD
Manulife Financial

Ranks a bit higher than SLF on his screens, but it's not by a significant amount. Exposure to Asia, a growing market. Yield is 4.9%, dividend should increase over time.

Some of the insurers are outperforming the banks because they're a bit more levered to falling interest rates, fewer credit concerns and loan-loss provisions. Likes banks, too.

insurance
DON'T BUY
Manulife Financial

At best - under performer. Not the best option for investors. More Asia exposure than North America. Would prefer Sun Life. Not a good investment for long term. Don't buy. 

insurance
BUY
Manulife Financial

Banks are a tougher story due to capital ratios and inability to grow. Instead of a bank, look to MFC or SLF.

insurance
BUY
Manulife Financial

Stock performance a good sign for momentum investors. Resistance in share price appears to have ebbed. Would recommenced buying based on seasonal basis. 

insurance
PAST TOP PICK
Manulife Financial
(A Top Pick Nov 28/23, Up 9%)

Excellent franchise with highest credit ratings in the world. Very good debt levels. New CEO performing very well. Last year saw dividend increase. Higher interest rates mean better returns for the business. Will continue to own shares. 

insurance
TOP PICK
Manulife Financial

Breaking out of a more than decade-long range. Finally have some fundamentals on LTC portfolio. Reinsurance deal was better than expected. Underlying business performing pretty well. Asia has both potential and potential risks. Not expensive. Have to see if the big institutional money moves in. Yield is 5.05%.

(Analysts’ price target is $31.11)
insurance
BUY
Manulife Financial

It's popped slightly recently. They just did a deal in which they released $1.2 billion of free capital--this finally woke up people that MFC is a little undervalued. It still is at 8x PE with a price-to-book of 1.3x. Under this CEO in recent years, they've been streamlining operations to be more efficient and adding growth. This has been a top pick of his many times.

insurance
WATCH
Manulife Financial

Widely held. Had been stuck in a trading range for years. However, finally breaking out. Last week's transaction has prompted a look with fresh eyes. De-risked US business, prompting stock re-rating. Warming up to it, might pull the trigger in the new year.

insurance
BUY
Manulife Financial

Interest rate sensitive business. Would recommend buying based on chart. Sees new highs going forward. Owns shares in portfolio. Chart looking great. 

insurance
BUY
Manulife Financial

Doing well with their Asian (Hong Kong) operations. Results have been positive recently while improving bond yields helps them. Short-term prospects are good.

insurance
TOP PICK
Manulife Financial

Is buying back stock, an ROE of 17%, and pays a 5.5% dividend. Likes their geographic footprint.

(Analysts’ price target is $22.22)
insurance
Unspecified
Manulife Financial

It is not trading above its 200 day moving average and has been at its consolidation level for a long time. Look for a breakout above $28. It is not a trading stock but one to buy and hold. It pays a decent dividend without big risks.

insurance
DON'T BUY
Manulife Financial

Growth continues to be limited. The shares have been rangebound between $20-30 for many years. Fundamentals are merely okay. Their footprint is mostly in Canada with an insurance business in the US, plus the Asian division and wealth management. The latter two businesses are doing well and enjoy growth, but Canada offers flat growth because insurance here is fully mature.  The US is a slow grind. Trades around 8x PE, which is cheap vs. peers and banks. Problem is flat growth. The dividend pays 6% but so does a bond. This is a show-me story.

insurance
BUY
Manulife Financial
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

MFC is now trading at 7.3x times the forward P/E. In the 3Q, MFC’s core EPS grew 35% to $0.92, beating estimates of $0.81. Core ROE is also quite healthy around 16.8%. The adjusted book value per share grew 4% to $30.67. The balance sheet is healthy, with long-term debt of $13B and long-term debt/equity stands at 0.21x. Overall, a solid quarter for MFC MFC has also ramped up share buybacks in recent quarters, which we like. One of the reasons we like SLF over MFC is due to its  track record. SLF is more conservative in the way they run their business. For example, SLF did not have to cut its dividend in the financial crisis of 2008, while MFC did. It has, simply, proven more reliable over the past two decades. It is a bit more expensive, but we think the premium is justified. 
Unlock Premium - Try 5i Free

insurance
Showing 1 to 15 of 2,190 entries

Manulife Financial(MFC-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 8

Total Signals / Votes : 34

Stockchase rating for Manulife Financial is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 34 stock analysts published opinions about MFC-T. 21 analysts recommended to BUY the stock. 8 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 on . 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?

34 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 2024-03-01, Manulife Financial (MFC-T) stock closed at a price of $32.38.