1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Manulife Financial provides a variety of financial-services products including life insurance, annuities, and investment management, mainly in the U.S., Canada, and Asia. Its investment management business has achieved adequate scale and is a source of stable earnings and durable cash flows.
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of MFC’s competitive advantage.
Manulife Financial Corp
XNYS: MFC
| Power Corporation of Canada Shs Subord.Voting
XTSE: POW
| Great-West Lifeco Inc
XTSE: GWO
| Sun Life Financial Inc
XTSE: SLF
| |
Price
| 18.73 | 36.57 | 40.30 | 66.56 |
Currency
| USD | CAD | CAD | CAD |
Change
| −$0.09 (0.48%) | −$0.15 (0.41%) | −$0.07 (0.17%) | −$0.27 (0.40%) |
Market Cap
| 34.09 Bil | 24.10 Bil | 37.50 Bil | 38.99 Bil |
Industry
| Insurance - Life | Insurance - Life | Insurance - Life | Insurance - Diversified |
Sector
|
Financial Services
|
Financial Services
|
Financial Services
|
Financial Services
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. MFC has a forward dividend yield of 4.26%.
See
MFC’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
MFC’s market cap is 34.09 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
MFC’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
MFC’s price/sales is 1.02.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
MFC’s price/forward earnings is 8.82.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
MFC’s price/book is 1.17.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See MFC’s valuation ratios compared to the Market Index.
MFC’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare MFC’s historical performance against its industry peers and the overall market.
