Manulife Financial Corporation (MFC)
- Previous Close
26.54 - Open
26.49 - Bid --
- Ask --
- Day's Range
26.06 - 26.65 - 52 Week Range
17.07 - 26.81 - Volume
1,491,968 - Avg. Volume
3,148,422 - Market Cap (intraday)
47.151B - Beta (5Y Monthly) 1.10
- PE Ratio (TTM)
15.60 - EPS (TTM)
1.68 - Earnings Date Aug 7, 2024
- Forward Dividend & Yield 1.17 (4.40%)
- Ex-Dividend Date May 21, 2024
- 1y Target Est
27.80
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.
www.manulife.com38,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MFC
Performance Overview: MFC
Trailing total returns as of 5/28/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: MFC
Valuation Measures
Market Cap
47.01B
Enterprise Value
46.00B
Trailing P/E
15.59
Forward P/E
9.87
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.56
Price/Book (mrq)
1.56
Enterprise Value/Revenue
1.51
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
18.29%
Return on Assets (ttm)
0.54%
Return on Equity (ttm)
10.48%
Revenue (ttm)
27.47B
Net Income Avi to Common (ttm)
4.26B
Diluted EPS (ttm)
1.68
Balance Sheet and Cash Flow
Total Cash (mrq)
27.13B
Total Debt/Equity (mrq)
48.44%
Levered Free Cash Flow (ttm)
-4.69B
Research Analysis: MFC
Company Insights: MFC
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Research Reports: MFC
Manulife Earnings: Robust Growth and Profitability in Asia Business Drive Solid Results
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 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% 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 23% of earnings.
RatingPrice TargetManulife Earnings: Robust Growth and Profitability in Asia Business Drive Solid Results
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 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% 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 23% of earnings.
RatingPrice TargetLowering target price to $24.00
MANULIFE FINANCIAL CORP has an Investment Rating of HOLD; a target price of $24.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $25.00
MANULIFE FINANCIAL CORP has an Investment Rating of HOLD; a target price of $25.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice Target