MFC
MFC
NYSE · Insurance

Manulife Financial Corp

$39.70
-0.49 (-1.22%)
As of Jun 24, 9:32 PM ET ·
Day Range $39.48 — $40.23
52W Range $41.08 — $58.00

Performance

1D
1W
1M
3M
6M +8.29%
1Y +26.92%
YTD +9.55%
Open$40.15
Previous Close$40.19
Day High$40.23
Day Low$39.48
52W High$58.00
52W Low$41.08
Volume
Avg Volume5.36M
Market Cap95.83B
P/E Ratio14.93
EPS$3.78
SectorInsurance

Technical Indicators

Full analysis →
SMA 50 $36.85 Above
SMA 200 $33.04 Above
RSI (14) 34.2 Neutral
Trend Golden Cross Bullish

Analyst Ratings

Buy
19 analysts
14 Buy 4 Hold 1 Sell
Price Target +554.3% upside
Current
$39.70
Target
$259.76
$170.65 $259.76 avg $329.00

Key Financials

FY 2026 FY 2025 FY 2024
Revenue 53.47B 44.77B 81.64B
Net Income 7.99B 6.02B 6.95B
Profit Margin 14.9% 14.2% 8.5%
EBITDA 9.80B 7.79B 9.45B
Free Cash Flow 2.98B
Rev Growth +19.5% +19.5% +3.6%
Debt/Equity 0.29 0.29 0.69

Dividend

Dividend Yield3.38%
Annual Dividend$1.94
Payout Ratio57.2%
Frequencyquarterly
Ex-DividendMar 31, 2026
Pay DateApr 13, 2026

About Manulife Financial Corp

Manulife Financial Corporation is a leading international financial services group headquartered in Toronto, Ontario, Canada. The company provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions across Asia, Canada, and the United States. Manulife operates under the Manulife brand in Canada and Asia and primarily through the John Hancock brand in the United States. The company offers life insurance, disability insurance, long-term care insurance, annuities, retirement planning services, and investment management products to millions of customers worldwide.

Insurance Peers

Symbol Name Price Change P/E Mkt Cap
CB Chubb Ltd $335.15 +0.92% 11.1 125.43B
PGR Progressive Corp $220.50 +2.23% 10.4 119.71B
MRSH Marsh & Mclennan Cos $165.96 +1.29% 19.9 78.25B
AON Aon Plc-Class A $325.48 +1.48% 17.2 67.86B
TRV Travelers Cos Inc/The $320.74 +1.19% 8.6 65.45B
AJG Arthur J Gallagher & Co $220.76 +2.31% 34.1 54.99B

Quick Stats

Market Cap95.83B
P/E Ratio14.93
EPS$3.78
Div Yield3.38%
Volume
SectorInsurance

MFC Frequently Asked Questions

What does Manulife Financial Corp do?
Manulife generates revenue through two core engines: selling life, disability, and long-term care insurance to individuals and groups, and managing wealth through retirement products, annuities, and investment funds. Its John Hancock arm dominates the U.S. market for life insurance and retirement services, while the Asian division has become its fastest-growing segment, capitalizing on rising middle-class wealth. Asset management fees and insurance premiums together make it one of Canada's most diversified financial conglomerates.
Is MFC stock a good investment?
Manulife offers a compelling combination of a generous dividend yield above 3% and exposure to high-growth Asian markets, particularly in wealth management. The stock typically trades at a modest valuation relative to North American peers, which can indicate either value or underlying risk. Concerns include sensitivity to interest rate movements, long-tail insurance liabilities, and currency volatility from its pan-Asian operations. Investors weigh these risks against consistent earnings and capital return history.
Who are Manulife Financial Corp's main competitors?
Sun Life Financial is its closest Canadian rival, competing across insurance and asset management in similar geographies. In the U.S. life insurance market, MetLife and Prudential Financial are formidable incumbents. For Asian wealth management, AIA Group and Ping An Insurance represent strong regional competition with deeper local market penetration.
Does Manulife Financial Corp pay dividends?
Manulife has maintained a consistent and growing dividend for decades, reflecting its status as a mature financial services group with steady cash generation. The quarterly dividend has been raised multiple times in recent years as capital ratios improved. With a yield typically above 3%, it remains a notable income option among Canadian financial stocks, though dividend growth depends on regulatory capital requirements and earnings performance.
What is MFC's stock price today?
MFC last closed at $39.70, down 1.22% in the most recent trading session. Over the past 52 weeks, the stock has traded between a low of $41.08 and a high of $58.00. The current price represents 0% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.
What do Wall Street analysts say about MFC?
Among 19 analysts covering MFC, the consensus rating is Buy — 14 rate it a buy, 4 hold, and 1 sell. The average price target sits at $259.76, implying 554% upside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.
Is Manulife Financial Corp profitable?
Manulife Financial Corp generated $53.47B in revenue during fiscal year 2026, with $7.99B reaching the bottom line as net income. The net profit margin of 14.9% is solid for its sector.
What is MFC's P/E ratio?
MFC trades at a P/E ratio of 14.93 on trailing earnings of $3.78 per share. That's below the S&P 500 average, suggesting the market may see limited growth or is pricing in sector-specific risks. Comparing this multiple against Insurance sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.
How has MFC stock performed recently?
Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: +8.29% (6M), +26.92% (1Y), +9.55% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether MFC is outperforming or lagging the broader market.