TSE:MFC
26.27
0.92
(3.38%)
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
Chart
TOP PICK
TOP PICK
April 21, 2021
Expecting good numbers from all the lifecos. Extremely well capitalized. Asian operations doing extremely well. Should see dividend increases and capital appreciation. Inexpensive relative to peers. Yield is 4.26%. (Analysts’ price target is $28.10)
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Expecting good numbers from all the lifecos. Extremely well capitalized. Asian operations doing extremely well. Should see dividend increases and capital appreciation. Inexpensive relative to peers. Yield is 4.26%. (Analysts’ price target is $28.10)
HOLD
HOLD
April 19, 2021
Their performance was not that good recently but they have decent valuation, good growth and good positioning. Financials have lagged a little recently. He thinks it is incredibly cheap here. Stick to your guns.
Show full opinionHide full opinionTheir performance was not that good recently but they have decent valuation, good growth and good positioning. Financials have lagged a little recently. He thinks it is incredibly cheap here. Stick to your guns.
DON'T BUY
DON'T BUY
April 1, 2021
Could easily be over $30, or not. Long-term performance has been ugly since the financial crisis. Lack of growth, hard to understand the valuation. Interest rates rising could be a tailwind. Hard to evaluate the business quality.
Show full opinionHide full opinionCould easily be over $30, or not. Long-term performance has been ugly since the financial crisis. Lack of growth, hard to understand the valuation. Interest rates rising could be a tailwind. Hard to evaluate the business quality.
WEAK BUY
WEAK BUY
March 23, 2021
It has trouble breaking $28, but he remains positive on this long term and bought shares in the low-20s. Managers are doing a good job. MFC won't be exciting, but their over 4% dividend probably will grow. Happy to own it.
Show full opinionHide full opinionIt has trouble breaking $28, but he remains positive on this long term and bought shares in the low-20s. Managers are doing a good job. MFC won't be exciting, but their over 4% dividend probably will grow. Happy to own it.
BUY
BUY
March 11, 2021
When companies break down, it takes 10 years to repair the damage. A lot of investors suffer exhaustion. But this creates an opportunity for the next expansionary cycle. The whole insurance sector is attractive. Knocking on the door of making a 12-year high. Great global footprint, Chinese business, wealth management, growing earnings, nice dividend. If it trades through $28, you're going to have a pretty good ongoing rally, and this is likely with the group's tailwinds.
Show full opinionHide full opinionWhen companies break down, it takes 10 years to repair the damage. A lot of investors suffer exhaustion. But this creates an opportunity for the next expansionary cycle. The whole insurance sector is attractive. Knocking on the door of making a 12-year high. Great global footprint, Chinese business, wealth management, growing earnings, nice dividend. If it trades through $28, you're going to have a pretty good ongoing rally, and this is likely with the group's tailwinds.
BUY
BUY
March 9, 2021
A core holding of his. It pays a 4% yield with strong growth in Asia. New management in recent years has reduced legacy costs holding this back. He sees good growth for MFC and is trading at a modest 9x earning this year. In 2008, they were heavily exposed to equity markets, but a lot of this is now behind them. People are unforgiving of large financials cutting their dividend, but MFC's dividend has been catching up, which he's glad to see.
Show full opinionHide full opinionA core holding of his. It pays a 4% yield with strong growth in Asia. New management in recent years has reduced legacy costs holding this back. He sees good growth for MFC and is trading at a modest 9x earning this year. In 2008, they were heavily exposed to equity markets, but a lot of this is now behind them. People are unforgiving of large financials cutting their dividend, but MFC's dividend has been catching up, which he's glad to see.
BUY
BUY
March 4, 2021
People were worried about low interest rates and asset write downs. These haven't happened. Diversified business model. Environment is very strong for them, especially in Asia. Expects dividend increases. Not an expensive price to book value.
Show full opinionHide full opinionPeople were worried about low interest rates and asset write downs. These haven't happened. Diversified business model. Environment is very strong for them, especially in Asia. Expects dividend increases. Not an expensive price to book value.
BUY
BUY
February 25, 2021
MFC vs. SLF With increasing interest rates, either makes a lot of sense right now. He owns SLF. With MFC, you get about twice the exposure to the Asian market. SLF has more exposure to Canada. MFC has more beta, higher dividend, a bit cheaper. With the Asian recovery, MFC could perform a bit better. SLF gives you more stability. SLF yield is 3.5%. MFC yield is 4.5%
MFC vs. SLF With increasing interest rates, either makes a lot of sense right now. He owns SLF. With MFC, you get about twice the exposure to the Asian market. SLF has more exposure to Canada. MFC has more beta, higher dividend, a bit cheaper. With the Asian recovery, MFC could perform a bit better. SLF gives you more stability. SLF yield is 3.5%. MFC yield is 4.5%
BUY
BUY
February 22, 2021
They are participating in the positive sentiment on reopening. There is still upside to this whole group. She thinks this one will continue to trade higher with the broader group.
Show full opinionHide full opinionThey are participating in the positive sentiment on reopening. There is still upside to this whole group. She thinks this one will continue to trade higher with the broader group.
BUY
BUY
February 19, 2021
An attractive choice right now. They are starting to get over their legacy business and are trying to sell it. They have had a few good quarters. Their book value is growing since it will garner a higher valuation. Return on equity will start to improve with higher earnings. Likes their Asian presence.
Show full opinionHide full opinionAn attractive choice right now. They are starting to get over their legacy business and are trying to sell it. They have had a few good quarters. Their book value is growing since it will garner a higher valuation. Return on equity will start to improve with higher earnings. Likes their Asian presence.
BUY
BUY
February 3, 2021
Strong Asian business. If we see a couple of quarters with traction, pretty conceivable to see a 3-handle on the stock. Management doing a good job cleaning up US legacy businesses. Wealth management doing quite well. Price doesn't reflect full value of the company.
Show full opinionHide full opinionStrong Asian business. If we see a couple of quarters with traction, pretty conceivable to see a 3-handle on the stock. Management doing a good job cleaning up US legacy businesses. Wealth management doing quite well. Price doesn't reflect full value of the company.
PAST TOP PICK
PAST TOP PICK
January 22, 2021
(A Top Pick Jan 30/20, Down 4%) They have been so desperate for a steepening yield curve. Stocks have already started to respond to this. Buying this with a dividend of 4%+ dividend yield. They are poised to rebound.
Show full opinionHide full opinion(A Top Pick Jan 30/20, Down 4%) They have been so desperate for a steepening yield curve. Stocks have already started to respond to this. Buying this with a dividend of 4%+ dividend yield. They are poised to rebound.
BUY WEAKNESS
BUY WEAKNESS
January 18, 2021
There will be tremendous volatility with rallies when the yield curve steepens and then being hammered when the curve flattens. You must be disciplined for lifecos. Interest rates will not go up and normalize in a 5-year timeframe. Buy the dips but do not buy in strength.
Show full opinionHide full opinionThere will be tremendous volatility with rallies when the yield curve steepens and then being hammered when the curve flattens. You must be disciplined for lifecos. Interest rates will not go up and normalize in a 5-year timeframe. Buy the dips but do not buy in strength.
BUY
BUY
January 13, 2021
MFC vs. GWO Likes Great West in his portfolio because of its strong yield of about 4.76%. MFC dividend is 4.63%. Both have performed well since March 2020. Quite similar. MFC provides more foreign exposure, especially Asia. Insurers are doing well now, and benefit from steepening yield curves.
MFC vs. GWO Likes Great West in his portfolio because of its strong yield of about 4.76%. MFC dividend is 4.63%. Both have performed well since March 2020. Quite similar. MFC provides more foreign exposure, especially Asia. Insurers are doing well now, and benefit from steepening yield curves.
PAST TOP PICK
PAST TOP PICK
January 11, 2021
(A Top Pick Jan 07/20, Down 6%) COVID-19 had as much to do with the decline as anything, he suspects. The earnings projections from a year ago have hardly budged, so the intrinsic value has held up nicely. If interest rates moved higher in the next year, the banks and other financials will get help in their profitability.
Show full opinionHide full opinion(A Top Pick Jan 07/20, Down 6%) COVID-19 had as much to do with the decline as anything, he suspects. The earnings projections from a year ago have hardly budged, so the intrinsic value has held up nicely. If interest rates moved higher in the next year, the banks and other financials will get help in their profitability.
Manulife Financial(MFC-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 27
Neutral - Hold Signals / Votes : 8
Bearish - Sell Signals / Votes : 5
Total Signals / Votes : 40
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, 40 stock analysts published opinions about MFC-T. 27 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Michael Sprung on 2021-04-21. 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?
40 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 2021-05-06, Manulife Financial (MFC-T) stock closed at a price of $26.27.
