TSE:MFC
17.15
0.47
(2.82%)
Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario, Canada.
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Analysis and Opinions about MFC-T
Signal
Opinion
Expert
WATCH
WATCH
March 30, 2020
These insurers get hit on all sides. It has gone below his EBV -3, which is 'in the blue'. Their balance sheet is impaired according to the markets. He would not buy until it breaks above $21.82.
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These insurers get hit on all sides. It has gone below his EBV -3, which is 'in the blue'. Their balance sheet is impaired according to the markets. He would not buy until it breaks above $21.82.
PAST TOP PICK
PAST TOP PICK
March 17, 2020
(A Top Pick Mar 20/19, Down 36%) He's sticking with it. MFC, back to 2008, was much more sensitive to the markets than today. They de-risked their balance sheet. They're getting hit now because of exposure to Asia. He believes MFC will come out of this and do quite well.
Show full opinionHide full opinion(A Top Pick Mar 20/19, Down 36%) He's sticking with it. MFC, back to 2008, was much more sensitive to the markets than today. They de-risked their balance sheet. They're getting hit now because of exposure to Asia. He believes MFC will come out of this and do quite well.
WATCH
WATCH
March 16, 2020
Buy lifecos or banks? This sell-off has been peculiar, because the most-damaged are value stocks including financials in Canada and the U.S. Massacred. MFC is close to a low. It has huge upside potential based on its earnings. But they're in medical insurance. He suspects these stocks are getting close to attractive prices.
Show full opinionHide full opinionBuy lifecos or banks? This sell-off has been peculiar, because the most-damaged are value stocks including financials in Canada and the U.S. Massacred. MFC is close to a low. It has huge upside potential based on its earnings. But they're in medical insurance. He suspects these stocks are getting close to attractive prices.
DON'T BUY
DON'T BUY
March 12, 2020
He would wait for now and would prefer SLF-T. Insurance companies can't benefit from lowering interest rates.
He would wait for now and would prefer SLF-T. Insurance companies can't benefit from lowering interest rates.
WAIT
WAIT
March 9, 2020
Nov-Apr is seasonality. Even before today's sell-off there was trouble brewing in this. This looks like it's heading to its Dec. 2018 chart. In each rebound up MFC will see shareholders sell into strength. That's a warning. Wait on this one.
Show full opinionHide full opinionNov-Apr is seasonality. Even before today's sell-off there was trouble brewing in this. This looks like it's heading to its Dec. 2018 chart. In each rebound up MFC will see shareholders sell into strength. That's a warning. Wait on this one.
HOLD
HOLD
March 4, 2020
Exposure to China? He owns a position on behalf of clients. He thinks the share drop is manageable. With a life insurance company, there is always a need to have it. Demand may be delayed and deferred, but not lost. You can hold it here. Longer term there is more upside than downside. Lower interest rates do hurt their longer term exposures, but he expects 10 year interest rates to return to normal going forward. Yield 5%
Show full opinionHide full opinionExposure to China? He owns a position on behalf of clients. He thinks the share drop is manageable. With a life insurance company, there is always a need to have it. Demand may be delayed and deferred, but not lost. You can hold it here. Longer term there is more upside than downside. Lower interest rates do hurt their longer term exposures, but he expects 10 year interest rates to return to normal going forward. Yield 5%
BUY
BUY
March 4, 2020
How can MFC maintain its upward trajectory after the central banks cut interest rates? Insurers have been hit hard by the low rates, including MFC, but it will eventually reach $30, because it's very profitable, has strong Asian growth from its growing middle class, and is performing well in North America. Buy/own this, put it away and forget it for five years. By then, it'll reach $30.
Show full opinionHide full opinionHow can MFC maintain its upward trajectory after the central banks cut interest rates? Insurers have been hit hard by the low rates, including MFC, but it will eventually reach $30, because it's very profitable, has strong Asian growth from its growing middle class, and is performing well in North America. Buy/own this, put it away and forget it for five years. By then, it'll reach $30.
DON'T BUY
DON'T BUY
February 28, 2020
It is only trading 6 times earnings. However, the interest rate environment makes it difficult for life insurance companies going forward. They have done a good job growing their business in Asia. He just sees better opportunities.
Show full opinionHide full opinionIt is only trading 6 times earnings. However, the interest rate environment makes it difficult for life insurance companies going forward. They have done a good job growing their business in Asia. He just sees better opportunities.
COMMENT
COMMENT
February 24, 2020
Chart shows a double-top of $27. Insurance looks good. Nice upward move since start-2019 in MFC. He doesn't know the fundamentals of MFC, though it got hit hard today in the global sell-off. He owns other insurers including Sun-Life.
DON'T BUY
DON'T BUY
February 18, 2020
They're definitely in China, but he doesn't know their exposure now. The really challenge is an aging population and a system that doesn't manage chronic diseases well. Be careful with Manulife, but also all insurers.
Show full opinionHide full opinionThey're definitely in China, but he doesn't know their exposure now. The really challenge is an aging population and a system that doesn't manage chronic diseases well. Be careful with Manulife, but also all insurers.
COMMENT
COMMENT
January 31, 2020
He stills likes Sun Life better. He's concerned about the emphasis that Manulife has put on Far Eastern growth they anticipate. Manulife has a checkered history of surprising on the down-side, whereas Sun Life is more predictable. Sun Life has good presence in North America.
Show full opinionHide full opinionHe stills likes Sun Life better. He's concerned about the emphasis that Manulife has put on Far Eastern growth they anticipate. Manulife has a checkered history of surprising on the down-side, whereas Sun Life is more predictable. Sun Life has good presence in North America.
TOP PICK
TOP PICK
January 30, 2020
The Canadian stock market has massively under-performed the US for the last decade. MFC-T has under-performed the insurance sector and recovered from all of its miss-steps. It is trading at 10 times earnings, with share buy-backs and debt reduction. (Analysts’ price target is $30.80)
Show full opinionHide full opinionThe Canadian stock market has massively under-performed the US for the last decade. MFC-T has under-performed the insurance sector and recovered from all of its miss-steps. It is trading at 10 times earnings, with share buy-backs and debt reduction. (Analysts’ price target is $30.80)
BUY WEAKNESS
BUY WEAKNESS
January 21, 2020
MFC vs. RY MFC shows a nice uptrend, but facing long-term resistance. It's overbought, so enter around $26 during a sell-off. RY's chart is moderately positive with short-term resistance around $110. Not much upside at the current $107. Enter at $102-103.
BUY
BUY
January 14, 2020
Why is this trading at $27 when it should be over $30? MFC is transitioning. Insurance is a very long-tail businesses with products that need a lot of time to pay off (insurance policies). Their wealth management business in Asia is strong. It's been a long haul for MFC, going back to the Great Recession, and have been making slow progress. They are growing their book value. If things continue, they will grow their earnings and generally improve. She's happy to hold it. They're quarterly results are becoming consistent which will drive the stock. Pays a 3.6% yield.
Show full opinionHide full opinionWhy is this trading at $27 when it should be over $30? MFC is transitioning. Insurance is a very long-tail businesses with products that need a lot of time to pay off (insurance policies). Their wealth management business in Asia is strong. It's been a long haul for MFC, going back to the Great Recession, and have been making slow progress. They are growing their book value. If things continue, they will grow their earnings and generally improve. She's happy to hold it. They're quarterly results are becoming consistent which will drive the stock. Pays a 3.6% yield.
DON'T BUY
DON'T BUY
January 14, 2020
Not a quality growth company. MFC is too hard for him to figure out. He'd rather buy a Canadian or American bank like National Bank.
Show full opinionHide full opinionNot a quality growth company. MFC is too hard for him to figure out. He'd rather buy a Canadian or American bank like National Bank.
Manulife Financial(MFC-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 42
Neutral - Hold Signals / Votes : 14
Bearish - Sell Signals / Votes : 8
Total Signals / Votes : 64
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, 64 stock analysts published opinions about MFC-T. 42 analysts recommended to BUY the stock. 8 analysts recommended to SELL the stock. The latest stock analyst recommendation is WATCH. 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 Brian Acker, CA on 2020-03-30. 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?
64 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 2020-04-08, Manulife Financial (MFC-T) stock closed at a price of $17.15.
