TSE:MFC
24.12
0.11
(0.46%)
Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario, Canada.
More at Wikipedia
Analysis and Opinions about MFC-T
Signal
Opinion
Expert
Chart
BUY
BUY
July 28, 2021
All insurers have suffered from the flat yield curve. Bond yields picking up is bullish for all financials. It's been in the penalty box since the financial crisis and a few stumbles. Getting paid to wait. Good risk/reward. Has to prove that it can deliver and execute as SLF does.
Show full opinionHide full opinion
All insurers have suffered from the flat yield curve. Bond yields picking up is bullish for all financials. It's been in the penalty box since the financial crisis and a few stumbles. Getting paid to wait. Good risk/reward. Has to prove that it can deliver and execute as SLF does.
BUY
BUY
July 22, 2021
Really likes it. Not expensive multiple. Likes the Asian franchise. Asset management has done well. Hurt by low interest rates. Stable.
Show full opinionHide full opinionReally likes it. Not expensive multiple. Likes the Asian franchise. Asset management has done well. Hurt by low interest rates. Stable.
HOLD
HOLD
July 8, 2021
Last quarter was disappointing. Great expansion into Asia. Recent drop in yields has hurt all the financials. Dividend yield, growth, safety. Not everything in your portfolio fires at the same time. Some things you just tuck away and wait. Good company, growing. Yield is 4-5%, better than cash or bonds.
Show full opinionHide full opinionLast quarter was disappointing. Great expansion into Asia. Recent drop in yields has hurt all the financials. Dividend yield, growth, safety. Not everything in your portfolio fires at the same time. Some things you just tuck away and wait. Good company, growing. Yield is 4-5%, better than cash or bonds.
PAST TOP PICK
PAST TOP PICK
July 5, 2021
(A Top Pick Jul 17/20, Up 34%) There is no reason to sell it. The shares remain cheap and offer an excellent yield. They offer good upside potential.
Show full opinionHide full opinion(A Top Pick Jul 17/20, Up 34%) There is no reason to sell it. The shares remain cheap and offer an excellent yield. They offer good upside potential.
HOLD
HOLD
June 30, 2021
Massive investment in Asia is one of the positives. Long-term opportunity is good. Interest rate sensitivity of the lifecos can have a magnified effect the stock price. As a long-term investor, don't worry about this.
Show full opinionHide full opinionMassive investment in Asia is one of the positives. Long-term opportunity is good. Interest rate sensitivity of the lifecos can have a magnified effect the stock price. As a long-term investor, don't worry about this.
TOP PICK
TOP PICK
June 25, 2021
Goes back to the caution on broader market. Has not seen a big run like other stocks. Yields over 4% at current levels and could increase it. Continued growth trends. Collect your dividend while you are in a stable entity and wait for upside. Good for when things look frothy. (Analysts’ price target is $29.02)
Show full opinionHide full opinionGoes back to the caution on broader market. Has not seen a big run like other stocks. Yields over 4% at current levels and could increase it. Continued growth trends. Collect your dividend while you are in a stable entity and wait for upside. Good for when things look frothy. (Analysts’ price target is $29.02)
PAST TOP PICK
PAST TOP PICK
June 25, 2021
(A Top Pick Jun 05/20, Up 31%) They have had a great run. The company has underlying good things happening. Looking for better days.
Show full opinionHide full opinion(A Top Pick Jun 05/20, Up 31%) They have had a great run. The company has underlying good things happening. Looking for better days.
HOLD
HOLD
June 24, 2021
Likes it and a lot of the insurers. A good long-term name, though he owns SLF and GWO instead. Expects dividend to increase over time by 8-10% yearly. Pullback due to interest rates coming down. Rates will probably move higher 12-24 months out. Asia exposure is a growing segment. Yield is 4%.
HOLD
HOLD
June 21, 2021
It is the most discounted insurance company in Canada. It is trading at this level because it has been the performance laggard for quite some time. It has become a show-me story. However if you were going to buy an insurance company, this would be the one to buy. There is the chance of a bounce back or a trading opportunity. It has a decent dividend while you wait for an uptick.
Show full opinionHide full opinionIt is the most discounted insurance company in Canada. It is trading at this level because it has been the performance laggard for quite some time. It has become a show-me story. However if you were going to buy an insurance company, this would be the one to buy. There is the chance of a bounce back or a trading opportunity. It has a decent dividend while you wait for an uptick.
BUY WEAKNESS
BUY WEAKNESS
June 18, 2021
Would hold and it is getting close to adding back to it. They are one of the biggest at risk plays of interest rates going down. They are geared to benefit from higher interest rates. Moves out of financials is hurting their stock price. Would add on weakness.
Show full opinionHide full opinionWould hold and it is getting close to adding back to it. They are one of the biggest at risk plays of interest rates going down. They are geared to benefit from higher interest rates. Moves out of financials is hurting their stock price. Would add on weakness.
TOP PICK
TOP PICK
June 3, 2021
Canada's largest lifeco. Geographically diversified. Asia is demographically advantaged. The US business is lagging, but they're working on this. Canadian business is steady-eddy. Investing relentlessly in tech. Stock is inexpensive. Yield is 4.44%. (Analysts’ price target is $28.83)
Show full opinionHide full opinionCanada's largest lifeco. Geographically diversified. Asia is demographically advantaged. The US business is lagging, but they're working on this. Canadian business is steady-eddy. Investing relentlessly in tech. Stock is inexpensive. Yield is 4.44%. (Analysts’ price target is $28.83)
BUY
BUY
May 26, 2021
The most volatile of Canadian lifecos, because it has the greatest difference between reported earnings and core earnings due to having a ton of both market and interest rate exposure. Likes it. Nice franchise in the US and Asian exposure to the emerging consumer. It's done increasingly well the last 10 years.
Show full opinionHide full opinionThe most volatile of Canadian lifecos, because it has the greatest difference between reported earnings and core earnings due to having a ton of both market and interest rate exposure. Likes it. Nice franchise in the US and Asian exposure to the emerging consumer. It's done increasingly well the last 10 years.
BUY
BUY
May 19, 2021
Interesting, likes the name. Perhaps management doesn't pay out more to shareholders or buy back shares because they want to expand or keep cash on hand. Doing well. Will benefit long-term from growth in Asia. 7-8x forward earnings, with 7-9% earnings growth going forward. Revenues and earnings will grow. He owns SLF and GWO instead. Yield of 4.5%.
Interesting, likes the name. Perhaps management doesn't pay out more to shareholders or buy back shares because they want to expand or keep cash on hand. Doing well. Will benefit long-term from growth in Asia. 7-8x forward earnings, with 7-9% earnings growth going forward. Revenues and earnings will grow. He owns SLF and GWO instead. Yield of 4.5%.
BUY
BUY
May 18, 2021
Banks or lifecos? She likes both sectors, so it's not an either-or question. Banks will benefit from the reopening/recovery. She expects earnings upside and revisions probably later this year. Bank stocks have had a nice rally this year, but long term they remain attractive given their yields. The lifecos' valuations remain good, and wealth management offers key growth. She likes MFC's presence in Asia for its strong long-term growth. She owns TD, Royal and BNS.
Banks or lifecos? She likes both sectors, so it's not an either-or question. Banks will benefit from the reopening/recovery. She expects earnings upside and revisions probably later this year. Bank stocks have had a nice rally this year, but long term they remain attractive given their yields. The lifecos' valuations remain good, and wealth management offers key growth. She likes MFC's presence in Asia for its strong long-term growth. She owns TD, Royal and BNS.
DON'T BUY
DON'T BUY
May 17, 2021
He does not own life insurance companies as they are the most commoditized form of insurance. The banks have done better than the insurance companies (11% vs. 5%) unless you are looking for a short term trade, he would favour a bank. (Analysts’ price target is $29.00)
Show full opinionHide full opinionHe does not own life insurance companies as they are the most commoditized form of insurance. The banks have done better than the insurance companies (11% vs. 5%) unless you are looking for a short term trade, he would favour a bank. (Analysts’ price target is $29.00)
Manulife Financial(MFC-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 30
Neutral - Hold Signals / Votes : 9
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 43
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, 43 stock analysts published opinions about MFC-T. 30 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Lorne Steinberg on 2021-07-28. 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?
43 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 2021-08-04, Manulife Financial (MFC-T) stock closed at a price of $24.12.
