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How to buy Manulife Financial (MFC) stocks

Learn how to buy Manulife Financial stock in 5 easy steps.

Manulife Financial is an insurance-life business based in Canada. Manulife Financial stocks (MFC.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$25.25 – a decrease of 1.1% over the previous week. Manulife Financial employs 40,000 staff and has a trailing 12-month revenue of around C$18.4 billion.

How to buy Manulife Financial stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MFC. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Manulife Financial stock price (TO:MFC)

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

Manulife Financial shares at a glance

Information last updated 2023-05-27.
Latest market closeC$25.25
52-week rangeC$19.95 - C$27.11
50-day moving average C$25.55
200-day moving average C$24.45
Wall St. target priceC$29.00
PE ratio 5.0355
Dividend yield C$1.355 (5.8%)
Earnings per share (TTM) C$5.07

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Is it a good time to buy Manulife Financial 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 price performance over time

Historical closes compared with the close of C$25.25 from 2023-06-01

1 week (2023-05-26) -1.10%
1 month (2023-05-03) -5.08%
3 months (2023-03-03) -7.78%
6 months (2022-12-02) 3.44%
1 year (2022-06-03) 8.46%
2 years (2021-06-03) -0.16%
3 years (2020-06-03) 37.38%
5 years (2018-06-01) 2.27%

Is Manulife Financial stock undervalued or overvalued?

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

Manulife Financial financials

Revenue TTM C$18.4 billion
Operating margin TTM 74.21%
Gross profit TTM C$17.7 billion
Return on assets TTM 0.99%
Return on equity TTM 18.59%
Profit margin 52.92%
Book value C$24.18
Market capitalisation C$47.1 billion

TTM: trailing 12 months

Manulife Financial'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.

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

Manulife Financial'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'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 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's environmental score

Environmental score: 0.26/100

Manulife Financial's social score

Social score: 5.54/100

Manulife Financial's governance score

Governance score: 6.57/100

Manulife Financial's controversy score

Controversy score: 1/5

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

Manulife Financial share dividends


Dividend payout ratio: 44.55% of net profits

Recently Manulife Financial has paid out, on average, around 44.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.8% 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 shareholders could enjoy a 5.8% return on their shares, in the form of dividend payments. In Manulife Financial's case, that would currently equate to about C$1.355 per share.

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

Manulife Financial's most recent dividend payout was on 19 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 23 May 2023 (the "ex-dividend date").

Have Manulife Financial's shares ever split?

Manulife Financial'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 shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Manulife Financial shares which in turn could have impacted Manulife Financial's share price.

Manulife Financial share price volatility

Over the last 12 months, Manulife Financial's shares have ranged in value from as little as C$19.9499 up to C$27.1078. A popular way to gauge a stock's volatility is its "beta".

MFC.TO volatility(beta: 1.12)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's is 1.1243. This would suggest that Manulife Financial'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 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 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 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. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

Frequently asked questions

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