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Manulife Financial MFC

US equityMarket cap rank #229Insurance - Life
$43.48
−$0.12 (-0.28%)
Market open · Sep 24, 1:10 pm ET
After hours $43.60 0.00%
Open$43.52
Prev close$43.60
Day range$43.28 – $43.77
Volume389.0K
Market cap$72.04B
P/E (TTM)16.6
Dividend yield3.00%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

MFC at a glance

Shares of Manulife Financial are down 0.28% at $43.48. The company is worth $72.04B, number 229 out of 300 on our list.

Over the past 52 weeks it has traded between $29.65 and $44.96, so it sits 3.3% below the top of that range. Holders are ahead 45.6% over twelve months, and up 10.4% across the last three months.

Price is below the 50-day average ($43.48) but above the 200-day ($38.41); RSI is 57, and the last 30 sessions moved at roughly 19% annualized volatility.

In the quarter ended Jun 2026 the company brought in C$19.71B of revenue, up 27.8% from a year earlier, with C$2.32B of net profit (a 10.8% margin).

Buyers are paying 16.6 times trailing earnings, 55% above its five-year average of 10.7.

6 analysts follow the stock and the average call is "buy". The mean target, $50.82, sits 16.9% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Manulife Financial: the business

Manulife is a Canadian insurer and asset manager with big operations in Asia and the U.S. under the John Hancock name.

What tends to move it. Asia insurance sales, investment results and its wealth business drive earnings.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.3%
1 week
-0.5%
1 month
+1.5%
3 months
+10.4%
6 months
+28.5%
Year to date
+23.2%
1 year
+45.6%
Day range
$43.28$43.77
52-week range
$29.65$44.96

Technical signals

Full technicals →
Trend readLeaning bullish

4 bullish · 3 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-0.2%Bearish
Price vs 50-day average0.0%Bearish
Price vs 200-day average+13.2%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)57.0Bullish
MACD (12,26,9)0.32Bullish
Bollinger band position46%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$43.47 / $43.49
Average price today$43.51
Volume389.0KAvg (90d) 2.21M
Turnover$16.93M
Turnover rate0.02%of shares outstanding
Volume ratio0.43vs. recent average pace
Day amplitude1.14%
Market cap$72.04B
Float market cap$71.91B
Shares outstanding1.65B
EPS (TTM)$2.18
P/E (TTM)16.61
P/B2.18
Book value / share$19.95
Earnings yield0.13%
Dividend (TTM)$1.30 / shareYield 3.00%
Net profit (TTM)$3.61B
Net assets$33.05B
30-day volatility18.5%annualized
Avg daily range (ATR)1.74%of price, 14 days
Max drawdown (1y)-12.5%-2.5% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How MFC ranks on BeStock

Market value#229 of 300
P/E (cheapest = 1)#88 of 283
Dividend yield#65 of 244
Closeness to 52-week high#21 of 300
Dollar volume today#298 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026 · reported in CAD

RevenueC$19.71B+27.8% YoY
Net profitC$2.32B+20.5% YoY
Diluted EPSC$1.20+22.4% YoY
Free cash flowC$9.08B+31.6% YoY
Operating cash flowC$9.08B

Revenue, last 8 quarters

C$14.6BSep '24C$6.4BDec '24C$11.7BMar '25C$15.4BJun '25C$17.3BSep '25C$8.6BDec '25C$11.9BMar '26C$19.7BJun '26

Net profit, last 8 quarters

C$2.1BSep '24C$1.7BDec '24C$623.0MMar '25C$1.9BJun '25C$1.9BSep '25C$1.6BDec '25C$1.2BMar '26C$2.3BJun '26

Profitability & balance sheet

Net margin10.8%
Return on equity13.9%
Return on assets0.6%
Liabilities / assets95.0%
Total debtC$14.13B
Free cash flow / sales53.8%

Where the revenue comes from

Quarter 2022/FY

By business line

  • AsiaC$14.96B 59.4%
  • Global Wealth and asset management businesses (WAM)C$6.31B 25.1%
  • CanadaC$3.91B 15.5%

By region

  • AsiaC$14.96B 59.4%
  • Global Wealth and asset management (WAM) businessesC$6.31B 25.1%
  • CanadaC$3.91B 15.5%
Average move on report day±3.3%last 15 reports
Closed higher8 of 1553% of the time
Best reaction+9.5%
Worst reaction-5.8%

Stock move on the day after each report

+3.2%2024/Q3+6.9%2024/Q4-0.7%2025/Q1-3.8%2025/Q2+0.0%2025/Q3-5.5%2025/Q4-5.8%2026/Q1+0.3%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings16.3x
CheapRich

Near the top of its 5-year range · 87th percentile, 5-year average 10.7x

#1226 of 2977 stocks by PE (1 = cheapest)

Price / book2.1x
CheapRich

Near the top of its 5-year range · 97th percentile, 5-year average 2.7x

#2972 of 5304 stocks by PB (1 = cheapest)

Price / sales1.7x
CheapRich

Above its usual level · 78th percentile, 5-year average 1.4x

#2233 of 5143 stocks by PS (1 = cheapest)

P/E over five years

2x8x14x19xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$35.30
Price vs. fair value+23.2%Trading above the estimate
Star rating★★☆☆☆
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts6
Average target$50.82+16.9% vs. price
  • Buy 83%
  • Hold 17%
Low $48.35Now $43.48Avg $50.82High $56.00

Latest rating actions

  • 11 Aug 2026JefferiesBUY · PT $53.40
  • 7 Aug 2026ScotiabankBUY · PT $48.35
  • 7 Aug 2026BMO CapitalBUY · PT $50.51
  • 7 Aug 2026RBC CapitalBUY · PT $48.35
  • 6 Aug 2026TD CowenBUY · PT $48.35

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership57.4%+0.11 pts vs. prior quarter
Institutions holding1,005-1 vs. prior quarter
Insider trades (recent)0 buys / 0 sellsBalanced
Short interest0.94% of floatDays to cover 4.9 · as of 31 Aug 2026
Short-sale volume share20.0%5-day average of daily volume

Short-sale volume as % of daily volume

6%15%24%33%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$5.41M (8 inflow days, 12 outflow days).

Dividends

Dividend yield (TTM)3.00%
Last dividend$0.35Ex-date 21 Aug 2026
Next-to-last$0.35
Payments on file40

Dividends paid per share, by year

0.7020180.7420190.8620200.7020211.0220221.0720231.1720241.252025

Across the full calendar years shown, the annual payout grew by roughly 8.6% a year.

Latest headlines

More news →
  • Scotiabank Maintains Manulife Financial(MFC.US) With Buy Rating, Raises Target Price to $48.01Market news · 8 Aug 2026
  • BMO Capital Maintains Manulife Financial(MFC.US) With Buy Rating, Raises Target Price to $50.16Market news · 8 Aug 2026
  • A Quick Look at Today's Ratings for Manulife Financial(MFC.US), With a Forecast Between $47.81 to $49.95Market news · 7 Aug 2026
  • The MFC-J5000 series inkjet printer received the Encouragement Prize at the 9th SX Awards.Brother Industries · 31 Aug 2026
  • Jefferies Maintains Manulife Financial(MFC.US) With Buy Rating, Raises Target Price to $53.12Market news · 12 Aug 2026
  • Barclays Maintains Manulife Financial(MFC.US) With Hold Rating, Raises Target Price to $56Market news · 7 Jul 2026

MFC stock: common questions

How is Manulife Financial stock doing today?

$43.48 is the latest print for MFC, a move of -0.28% against yesterday's close of $43.60. Today's low and high so far: $43.28 and $43.77.

How large is Manulife Financial by market value?

Equity value comes to $72.04B at the current price. By that measure it is number 229 of the 300 names in our coverage.

What multiple of earnings does MFC sell for?

Buyers pay 16.6 times the last twelve months of profit (EPS $2.18). Averaged over five years the multiple has been 10.7, and today's level ranks in the 87th percentile of its own history.

Where does MFC sit in its 52-week range?

The year's floor is $29.65 and the ceiling $44.96. Shares are 3.3% away from that ceiling.

Does MFC send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 3.00% yield; the latest ex-dividend date was August 21, 2026.

What is the analyst view on Manulife Financial?

Of 6 analysts, 83% say buy, 17% hold and 0% sell. Price targets average $50.82, with the most cautious at $48.35 and the most optimistic at $56.00.

What does Manulife Financial do?

Manulife is a Canadian insurer and asset manager with big operations in Asia and the U.S. under the John Hancock name.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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