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How to buy Manulife Financial Corporation (MFC) shares

Learn how to easily invest in Manulife Financial Corporation shares.

Manulife Financial Corporation is an insurance-life business based in Canada. Manulife Financial Corporation stocks (MFC.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$25.85 – a decrease of 2.69% over the previous week. Manulife Financial Corporation employs 37,000 staff and has a trailing 12-month revenue of around C$56.1 billion.

How to buy shares in Manulife Financial Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MFC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Manulife Financial Corporation stock price (TO:MFC)

Use our graph to track the performance of MFC stocks over time.

Manulife Financial Corporation shares at a glance

Information last updated 2022-01-17.
Latest market closeC$25.28
52-week rangeC$21.85 - C$26.70
50-day moving average C$24.44
200-day moving average C$24.94
Wall St. target priceC$188.98
PE ratio 7.6412
Dividend yield C$1.12 (5.08%)
Earnings per share (TTM) C$3.40

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Is it a good time to buy Manulife Financial Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Manulife Financial Corporation price performance over time

Historical closes compared with the close of C$25.28 from 2022-01-21

1 week (2022-01-17) -3.40%
1 month (2021-12-24) 5.82%
3 months (2021-10-22) 0.60%
6 months (2021-07-23) 5.47%
1 year (2021-01-22) 4.68%
2 years (2020-01-24) -6.85%
3 years (2019-01-24) 21.13%
5 years (2017-01-24) 1.08%

Is Manulife Financial Corporation under- or over-valued?

Valuing Manulife Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Manulife Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Manulife Financial Corporation's P/E ratio

Manulife Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Manulife Financial Corporation shares trade at around 8x recent earnings.

Manulife Financial Corporation's PEG ratio

Manulife Financial Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Manulife Financial Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Manulife Financial Corporation's EBITDA

Manulife Financial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$9.1 billion.

The EBITDA is a measure of a Manulife Financial Corporation's overall financial performance and is widely used to measure a its profitability.

Manulife Financial Corporation financials

Revenue TTM C$56.1 billion
Operating margin TTM 15.58%
Gross profit TTM C$10.6 billion
Return on assets TTM 0.62%
Return on equity TTM 12.2%
Profit margin 11.44%
Book value C$26.20
Market capitalisation C$50.5 billion

TTM: trailing 12 months

Manulife Financial Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Manulife Financial Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Manulife Financial Corporation's total ESG risk score

Total ESG risk: 16.85

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Manulife Financial Corporation's overall score of 16.85 (as at 01/01/2019) is excellent – landing it in it in the 17th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Manulife Financial Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Manulife Financial Corporation's environmental score

Environmental score: 0.26/100

Manulife Financial Corporation's social score

Social score: 5.54/100

Manulife Financial Corporation's governance score

Governance score: 6.57/100

Manulife Financial Corporation's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Manulife Financial Corporation scored a 1 out of 5 for controversy – the highest score possible, reflecting that Manulife Financial Corporation has managed to keep its nose clean.

Manulife Financial Corporation share dividends

37%

Dividend payout ratio: 37.14% of net profits

Recently Manulife Financial Corporation has paid out, on average, around 37.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.08% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Manulife Financial Corporation shareholders could enjoy a 5.08% return on their shares, in the form of dividend payments. In Manulife Financial Corporation's case, that would currently equate to about C$1.12 per share.

While Manulife Financial Corporation's payout ratio might seem fairly standard, it's worth remembering that Manulife Financial Corporation may be investing much of the rest of its net profits in future growth.

Manulife Financial Corporation's most recent dividend payout was on 20 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2021 (the "ex-dividend date").

Have Manulife Financial Corporation's shares ever split?

Manulife Financial Corporation's shares were split on a 2:1 basis on 23 May 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Manulife Financial Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Manulife Financial Corporation shares which in turn could have impacted Manulife Financial Corporation's share price.

Manulife Financial Corporation share price volatility

Over the last 12 months, Manulife Financial Corporation's shares have ranged in value from as little as C$21.8484 up to C$26.7043. A popular way to gauge a stock's volatility is its "beta".

MFC.TO volatility(beta: 1.21)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Manulife Financial Corporation's is 1.2126. This would suggest that Manulife Financial Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Manulife Financial Corporation overview

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, 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 provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and fund management businesses. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and provides investment management, counseling, advisory, and dealer services.

Frequently asked questions

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