Manulife Financial Corp Stock Today

MFC Stock  USD 31.44  0.49  1.53%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Manulife Financial is trading at 31.44 as of the 10th of December 2024, a 1.53% down since the beginning of the trading day. The stock's open price was 31.93. Manulife Financial has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 7, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Manulife Financial Corp's common stock.
Business Domain
Insurance
IPO Date
23rd of September 1999
Category
Financial Services
Classification
Financials
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada. The company has 1.74 B outstanding shares of which 27.4 M shares are now shorted by investors with about 11.46 days to cover. More on Manulife Financial Corp

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Manulife Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOPaul Lorentz
Thematic Ideas
(View all Themes)
Old NameHexaom S.A
Business ConcentrationLife & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, Stock Exchange Of, Cash Cows, Insurance, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.05460.0575
Notably Down
Slightly volatile
Gross Profit Margin0.580.65
Fairly Down
Slightly volatile
Non Current Liabilities Total867.4 B826.1 B
Sufficiently Up
Slightly volatile
Total Assets467.4 B875.6 B
Way Down
Slightly volatile
Debt Levels
Manulife Financial can leverage 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.
Liquidity
Manulife Financial Corp has 12.74 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Manulife Financial Corp has a current ratio of 6.9, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Manulife to invest in growth at high rates of return.

Free Cash Flow

13.97 Billion
Manulife Financial Corp (MFC) is traded on New York Stock Exchange in USA. It is located in 200 Bloor Street East, Toronto, ON, Canada, M4W 1E5 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 total capitalization of 55.72 B. Manulife Financial Corp runs under Insurance sector within Financials industry. The entity has 1.74 B outstanding shares of which 27.4 M shares are now shorted by investors with about 11.46 days to cover. Manulife Financial Corp has 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 14.56.
Check Manulife Financial Probability Of Bankruptcy
Ownership Allocation
Manulife Financial Corp maintains a total of 1.74 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. Please note that on November 7, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Manulife Financial Corp's common stock.
Check Manulife Ownership Details

Manulife Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
21.4 M
Jarislowsky Fraser Ltd2024-09-30
16.7 M
Bank Of Nova Scotia2024-09-30
16.4 M
Federation Des Caisses Desjardins Du Quebec2024-09-30
16.1 M
Legal & General Group Plc2024-09-30
15 M
Beutel, Goodman & Company Ltd.2024-09-30
14 M
Scotia Capital Inc2024-09-30
11.3 M
Connor Clark & Lunn Inv Mgmt Ltd2024-09-30
11.1 M
Wells Fargo & Co2024-09-30
9.5 M
Royal Bank Of Canada2024-09-30
149 M
Vanguard Group Inc2024-09-30
74.5 M
View Manulife Financial Diagnostics

Manulife Financial Historical Income Statement

At present, Manulife Financial's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 8.4 B, whereas Interest Expense is forecasted to decline to about 992.4 M. View More Fundamentals

Manulife Stock Against Markets

Manulife Financial Corporate Directors

Julie DicksonIndependent DirectorProfile
Andrea RosenIndependent DirectorProfile
Susan DabarnoIndependent DirectorProfile
Guy BainbridgeIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manulife Financial. If investors know Manulife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manulife Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.923
Dividend Share
1.565
Earnings Share
1.99
Revenue Per Share
16.758
Quarterly Revenue Growth
0.195
The market value of Manulife Financial Corp is measured differently than its book value, which is the value of Manulife that is recorded on the company's balance sheet. Investors also form their own opinion of Manulife Financial's value that differs from its market value or its book value, called intrinsic value, which is Manulife Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manulife Financial's market value can be influenced by many factors that don't directly affect Manulife Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.