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Manulife Financial Corporation (MFC)

40.18 +0.48 (+1.21%)
At close: June 25 at 4:00:02 PM EDT
40.00 -0.18 (-0.45%)
After hours: June 25 at 7:54:03 PM EDT
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Chart Range Bar
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  • Previous Close 39.70
  • Open 40.00
  • Bid --
  • Ask --
  • Day's Range 40.10 - 40.73
  • 52 Week Range 29.70 - 41.43
  • Volume 1,102,119
  • Avg. Volume 2,212,660
  • Market Cap (intraday) 66.927B
  • Beta (5Y Monthly) 0.78
  • PE Ratio (TTM) 16.47
  • EPS (TTM) 2.44
  • Earnings Date Aug 5, 2026
  • Forward Dividend & Yield 1.33 (3.32%)
  • Ex-Dividend Date May 29, 2026
  • 1y Target Est 33.50

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It 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 the insurance agency, broker dealer, investment counseling, portfolio and mutual fund management, property and casualty insurance, and fund and investment management businesses. In addition, it provides integrated banking products and services, as well as offers asset management services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

www.manulife.com

37,000

Full Time Employees

December 31

Fiscal Year Ends

Insurance - Life

Industry

Performance Overview

Trailing total returns as of 6/25/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

MFC
12.12%
S&P/TSX Composite index (^GSPTSE)
9.36%

1-Year Return

MFC
30.94%
S&P/TSX Composite index (^GSPTSE)
31.18%

3-Year Return

MFC
147.18%
S&P/TSX Composite index (^GSPTSE)
79.47%

5-Year Return

MFC
150.09%
S&P/TSX Composite index (^GSPTSE)
72.27%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue --
Earnings 1.84B

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
500M
1B
2B
2B

Analyst Insights

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Analyst Price Targets

30.31 Low
33.50 Average
40.18 Current
36.69

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/14/2025
Analyst RBC Capital
Rating Action Maintains
Rating Outperform
Price Action Raises
Price Target 49 -> 52

Statistics

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Valuation Measures

Annual
As of 6/25/2026
  • Market Cap

    66.74B

  • Enterprise Value

    63.31B

  • Trailing P/E

    16.46

  • Forward P/E

    12.85

  • PEG Ratio (5yr expected)

    0.78

  • Price/Sales (ttm)

    1.82

  • Price/Book (mrq)

    2.12

  • Enterprise Value/Revenue

    1.69

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    20.04%

  • Return on Assets (ttm)

    0.59%

  • Return on Equity (ttm)

    12.56%

  • Revenue (ttm)

    32.03B

  • Net Income Avi to Common (ttm)

    5.91B

  • Diluted EPS (ttm)

    2.44

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    30.28B

  • Total Debt/Equity (mrq)

    44.28%

  • Levered Free Cash Flow (ttm)

    5.45B

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Company Insights

Fair Value

40.18 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Lowering target price to $44.00

    MANULIFE FINANCIAL CORP has an Investment Rating of BUY; a target price of $44.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
  • Raising target price to $45.00

    MANULIFE FINANCIAL CORP has an Investment Rating of BUY; a target price of $45.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
  • Raising target price to $43.00

    MANULIFE FINANCIAL CORP has an Investment Rating of BUY; a target price of $43.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
  • What does Argus have to say about MFC?

    MANULIFE FINANCIAL CORP has an Investment Rating of BUY; a target price of $42.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target

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