Financial Services - Insurance - Life - NYSE - CA
$ 32.66
-0.639 %
$ 57.2 B
Market Cap
16.25
P/E
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 provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing.[ Read More ]
The intrinsic value of one MFC stock under the base case scenario is HIDDEN Compared to the current market price of 32.7 USD, Manulife Financial Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MFC
FINANCIALS
27.2 B
REVENUE
0
OPERATING INCOME
5.61 B
NET INCOME
20.4 B
OPERATING CASH FLOW
-13.7 B
INVESTING CASH FLOW
-5.04 B
FINANCING CASH FLOW
14.6 B
REVENUE
0
OPERATING INCOME
2.07 B
NET INCOME
7.52 B
OPERATING CASH FLOW
-4.7 B
INVESTING CASH FLOW
-2.15 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Manulife Financial Corporation
| Current Assets | 20.3 B |
| Cash & Short-Term Investments | 20.3 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.09 T |
| Long-Term Investments | 238 B |
| PP&E | 0 |
| Other Non-Current Assets | 853 B |
| Current Liabilities | 594 M |
| Accounts Payable | 0 |
| Short-Term Debt | 594 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 817 B |
| Long-Term Debt | 12.1 B |
| Other Non-Current Liabilities | 805 B |
EFFICIENCY
Earnings Waterfall
Manulife Financial Corporation
| Revenue | 27.2 B |
| Cost Of Revenue | -15.1 B |
| Gross Profit | 42.3 B |
| Operating Expenses | 42.3 B |
| Operating Income | 0 |
| Other Expenses | -5.61 B |
| Net Income | 5.61 B |
RATIOS
155.29%
GROSS MARGIN
0.00%
OPERATING MARGIN
20.05%
NET MARGIN
11.55%
ROE
0.62%
ROA
0.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Manulife Financial Corporation
| Net Income | 5.61 B |
| Depreciation & Amortization | -1.42 B |
| Capital Expenditures | 13.8 B |
| Stock-Based Compensation | 2 M |
| Change in Working Capital | 18.7 B |
| Others | 9.12 B |
| Free Cash Flow | 34.2 B |
Wall Street Analysts Price Targets
Manulife Financial Corporation
MFC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.92%
DIVIDEND YIELD
0.287 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Manulife Financial Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Are Investors Undervaluing Manulife Financial Corp (MFC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 4 days ago
Here's Why Manulife Financial (MFC) is a Strong Momentum Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
zacks.com
- 5 days ago
Manulife Investment Management aligns capabilities across regions under the newly created role of Global Emerging Market Equities CIO
TORONTO , Nov. 8, 2024 /PRNewswire/ - Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improve investment experience for its clients. Charlie Dutton, an equity investment leader with substantial experience in Asia, is named to the newly created role of Chief Investment Officer, Global Emerging Market Equities.
prnewswire.com
- 1 week ago
Manulife Financial Corp (MFC) Hit a 52 Week High, Can the Run Continue?
Manulife (MFC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
zacks.com
- 1 week ago
Manulife Financial Corporation (MFC) Q3 2024 Earnings Call Transcript
Manulife Financial Corporation (NYSE:MFC ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Hung Ko - Vice President of Investor Relations Roy Gori - President & Chief Executive Officer Colin Simpson - Chief Financial Officer Trevor Kreel - Chief Investment Officer Steve Finch - Chief Actuary Marc Costantini - Global Head of Inforce Management Phil Witherington - President & Chief Executive Officer, Manulife Asia Conference Call Participants Meny Grauman - Scotiabank Tom Gallagher - Evercore ISI Gabriel Dechaine - National Bank Financial Alex Scott - Barclays Capital Paul Holden - CIBC Mario Mendonca - TD Securities Lemar Persaud - Cormark Securities Doug Young - Desjardins Capital Markets Tom MacKinnon - BMO Capital Markets Operator Please standby, your meeting is about to begin. Please be advised that this conference call is being recorded.
seekingalpha.com
- 1 week ago
Manulife Financial Q3 Earnings Beat on Solid Asia Business
MFC's Q3 results reflect positive net flows, higher net fee income and increased sales volumes, offset by lower investment spreads across the segments.
zacks.com
- 1 week ago
Manulife declares preferred share dividends
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after December 19, 2024, to shareholders of record at the close of business on November 20, 2024: Class A Shares Series 2 - $0.29063 per share Class A Shares Series 3 - $0.28125 per share Class 1 Shares Series 3 - $0.14675 per share Class 1 Shares Series 4 - $0.353590 per share Class 1 Shares Series 9 - $0.373625 per share Class 1 Shares Series 11 - $0.384938 per share Class 1 Shares Series 13 - $0.396875 per share Class 1 Shares Series 15 - $0.360938 per share Class 1 Shares Series 17 - $0.2375 per share Class 1 Shares Series 19 - $0.229688 per share Class 1 Shares Series 25 - $0.371375 per share About Manulife Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States.
prnewswire.com
- 1 week ago
Manulife declares common share dividend
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common shareholders' dividend of $0.40 per share on the common shares of Manulife, payable on and after December 19, 2024, to shareholders of record at the close of business on November 20, 2024. In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchase common shares on the open market in connection with the reinvestment of dividends and optional cash purchases under these plans.
prnewswire.com
- 1 week ago
Manulife Reports Third Quarter 2024 Results
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , Nov. 6, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results1. Key highlights for the third quarter of 2024 ("3Q24") include: Core earnings2 of $1.8 billion, up 4% on a constant exchange rate basis3 from the third quarter of 2023 ("3Q23") Net income attributed to shareholders of $1.8 billion, up $0.8 billion from 3Q23 Core EPS4 of $1.00, up 7%3 from 3Q23.
prnewswire.com
- 1 week ago
Manulife: Despite Strong Fundamentals, It's Time To Take Profits
Manulife Financial Corporation is an insurance company with strong fundamentals and good growth prospects, namely due to its large exposure to Asia. Its operating performance has been positive, and this trend is expected to be maintained in Q3 2024. Despite this backdrop, MFC's valuation is at a premium to its historical levels and upside potential seems limited right now.
seekingalpha.com
- 2 weeks ago
Manulife Financial (MFC) Earnings Expected to Grow: Should You Buy?
Manulife (MFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 17
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Oct. 28, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that it does not intend to exercise its right to redeem all or any of its currently outstanding 14,000,000 Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) on December 19, 2024. As a result, subject to certain conditions described in the prospectus supplement dated August 11, 2014 relating to the issuance of the Series 17 Preferred Shares (the "Prospectus"), the holders of the Series 17 Preferred Shares have the right, at their option, to convert all or part of their Series 17 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 18 of Manulife (the "Series 18 Preferred Shares") on December 19, 2024.
prnewswire.com
- 2 weeks ago
8. Profile Summary
Manulife Financial Corporation MFC
COUNTRY
CA
INDUSTRY
Insurance - Life
MARKET CAP
$ 57.2 B
Dividend Yield
0.92%
Description
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 provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.
Contact
200 Bloor Street East, Toronto, ON, M4W 1E5
https://www.manulife.com
IPO Date
Sept. 24, 1999
Employees
38000
Officers
Mr. Rahul Madhav Joshi
Chief Operations Officer
Mr. Roy Gori
President, Chief Executive Officer & Director
Mr. Paul Raymon Lorentz
President and Chief Executive Officer of Global Wealth & Asset Management
Mr. Shamus Edward Weiland
Global Chief Information Officer
Ms. Karen Ann Leggett
Chief Marketing Officer
Anne Hammer
Global Chief Communications Officer
Mr. Colin L. Simpson
Chief Financial Officer
Mr. Marc M. Costantini
Global Head of Strategy and Inforce Management
Mr. Trevor Kreel
Chief Investment Officer
Ms. Lynda D. Sullivan
Executive Vice President & Chief Accounting Officer