Manulife Financial Corp Stock Today

MFC Stock  CAD 33.43  0.60  1.83%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Manulife Financial is selling at 33.43 as of the 28th of March 2024; that is 1.83 percent up since the beginning of the trading day. The stock's open price was 32.83. Manulife Financial has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Manulife Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
Category
Financial Services
Classification
Financials
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, the United States, and internationally. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. The company has 1.81 B outstanding shares of which 49.78 M shares are now shorted by private and institutional investors with about 5.56 days to cover all short positions. More on Manulife Financial Corp

Moving together with Manulife Stock

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Moving against Manulife Stock

  0.74CWB Canadian Western BankPairCorr

Manulife Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Manulife Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Manulife Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Manulife Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Manulife Financial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOPaul Lorentz
Business ConcentrationLife & Health Insurance, Insurance - Life, Financial Services, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors)
Manulife Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Manulife Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Manulife Financial's financial leverage. It provides some insight into what part of Manulife Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Manulife Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Manulife Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Manulife Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 594 M in total debt with debt to equity ratio (D/E) of 0.56, which is about average as compared to similar companies. Manulife Financial Corp has a current ratio of 159.16, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Manulife Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Manulife Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Manulife Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Manulife to invest in growth at high rates of return. When we think about Manulife Financial's use of debt, we should always consider it together with cash and equity.

Net Income

3.14 Billion
Manulife Financial Corp (MFC) is traded on Toronto Exchange in Canada and employs 38,000 people. Manulife Financial is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 59.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manulife Financial's market, we take the total number of its shares issued and multiply it by Manulife Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Manulife Financial Corp operates under Insurance sector and is part of Financials industry. The entity has 1.81 B outstanding shares of which 49.78 M shares are now shorted by private and institutional investors with about 5.56 days to cover all short positions. Manulife Financial Corp has accumulated about 19.15 B in cash with 20.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 31.77.
Check Manulife Financial Probability Of Bankruptcy
Ownership Allocation
Manulife Financial Corp maintains a total of 1.81 Billion outstanding shares. Over half of Manulife Financial's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Manulife Financial Corp. Please watch out for any change in the institutional holdings of Manulife Financial Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Manulife Ownership Details

Manulife Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Manulife Financial jumping above the current price in 90 days from now is about 5.65%. The Manulife Financial Corp probability density function shows the probability of Manulife Financial stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Manulife Financial Corp has a beta of -0.1947. This indicates as returns on benchmark increase, returns on holding Manulife Financial are expected to decrease at a much lower rate. During the bear market, however, Manulife Financial Corp is likely to outperform the market. Additionally, manulife Financial Corp has an alpha of 0.2288, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 33.43HorizonTargetOdds Above 33.43
94.29%90 days
 33.43 
5.65%
Based on a normal probability distribution, the odds of Manulife Financial to move above the current price in 90 days from now is about 5.65 (This Manulife Financial Corp probability density function shows the probability of Manulife Stock to fall within a particular range of prices over 90 days) .

Manulife Financial Historical Income Statement

Manulife Financial Corp Income Statement is one of the three primary financial statements used for reporting Manulife's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Manulife Financial Corp revenue and expense. Manulife Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Manulife Financial's Interest Income is very stable compared to the past year. View More Fundamentals

Manulife Stock Against Markets

Picking the right benchmark for Manulife Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Manulife Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Manulife Financial is critical whether you are bullish or bearish towards Manulife Financial Corp at a given time. Please also check how Manulife Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Manulife Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Manulife Financial Corporate Directors

Manulife Financial corporate directors refer to members of a Manulife Financial board of directors. The board of directors generally takes responsibility for the Manulife Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Manulife Financial's board members must vote for the resolution. The Manulife Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Julie DicksonIndependent DirectorProfile
Luther HelmsIndependent DirectorProfile
Andrea RosenIndependent DirectorProfile
Susan DabarnoIndependent DirectorProfile

How to buy Manulife Stock?

Before investing in Manulife Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Manulife Financial. To buy Manulife Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Manulife Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Manulife Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Manulife Financial Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Manulife Financial Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Manulife Financial Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Manulife Stock please use our How to Invest in Manulife Financial guide.

Already Invested in Manulife Financial Corp?

The danger of trading Manulife Financial Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Manulife Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Manulife Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Manulife Financial Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Manulife Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manulife Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manulife Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manulife Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Manulife Financial Corp information on this page should be used as a complementary analysis to other Manulife Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Manulife Financial's price analysis, check to measure Manulife Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manulife Financial is operating at the current time. Most of Manulife Financial's value examination focuses on studying past and present price action to predict the probability of Manulife Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manulife Financial's price. Additionally, you may evaluate how the addition of Manulife Financial to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.