MFC

Manulife Financial Corp

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Advanced Chart

31.140

-0.2(-0.638%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

31.430

Open

31.200

VWAP

31.25

Vol

1.24M

Mkt Cap

53.19B

Low

31.100

Amount

38.74M

EV/EBITDA(TTM)

7.27

Total Shares

1.79B

69.59B

EV/OCF(TTM)

2.43

P/S(TTM)

2.01

Manulife Financial Corporation is an international financial services provider. It provides financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Its segments include Wealth and asset management businesses (Global WAM), Insurance and annuity products (Asia, Canada and U.S.), and the Corporate and Other segment. Wealth and asset management businesses branded as Manulife Investment Management, provide investment advice and solutions to retirement, retail, and institutional clients. Insurance and annuity products include a variety of individual life insurance, individual and group long-term care insurance and guaranteed and partially guaranteed annuity products. Products are distributed through multiple distribution channels, including insurance agents, brokers, banks, financial planners and direct marketing. The Corporate and Other segments comprise the investment performance of assets backing capital.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

1.027

-0.3%

1.047

+4.73%

0.964

+5.92%

Estimates Revision

The market is revising Downward the revenue expectations for Manulife Financial Corporation (MFC) for FY2025, with the revenue forecasts being adjusted by -23.62% over the past three months. During the same period, the stock price has changed by 3.08%.

Revenue Estimates for FY2025

Revise Downward

-23.62%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1.2%

In Past 3 Month

Stock Price

Go Up

+3.08%

In Past 3 Month

9 Analyst Rating

16.96% Upside

Wall Street analysts forecast MFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFC is 36.42 USD with a low forecast of 33.07 USD and a high forecast of 46.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

3 Hold

0 Sell

Moderate Buy

16.96% Upside

Current: 31.140

Low

33.07

Averages

36.42

High

46.00

16.96% Upside

Current: 31.140

Low

33.07

Averages

36.42

High

46.00

National Bank

Outperform

NULL

downgrade

$49 -> $48

2025-07-11

Reason

National Bank

Price Target

$49 -> $48

2025-07-11

downgrade

Outperform

NULL

Reason

National Bank lowered the firm's price target on Manulife Financial to C$48 from C$49 and keeps an Outperform rating on the shares.

Barclays

Equal Weight

maintain

$45 -> $46

2025-07-07

Reason

Barclays

Price Target

$45 -> $46

2025-07-07

maintain

Equal Weight

Reason

Barclays raised the firm's price target on Manulife Financial to C$46 from C$45 and keeps an Equal Weight rating on the shares as part of a Q2 earnings preview for the North America life insurance group. The firm says equity market strength has lifted long-term earnings and results in upward revisions to its 2026-2027 estimates. It recommends exposure to names with equity leverage and capital flexibility. Barclays highlights Jackson Financial (JXN) as a key Overweight.

Morgan Stanley

Bob Huang

Equal Weight

maintain

$43 -> $46

2025-05-19

Reason

Morgan Stanley

Bob Huang

Price Target

$43 -> $46

2025-05-19

maintain

Equal Weight

Reason

Morgan Stanley analyst Bob Huang raised the firm's price target on Manulife Financial to $46 from $43 and keeps an Equal Weight rating on the shares. The firm is updating its price targets on stocks under its coverage in the Life Insurance sector, the analyst tells investors. Morgan Stanley notes core results held up well and a rebound is expected to occur in 2H25. Overall, valuation is attractive for the sector, the firm says.

National Bank

Outperform -> NULL

downgrade

$50 -> $49

2025-05-08

Reason

National Bank

Price Target

$50 -> $49

2025-05-08

downgrade

Outperform -> NULL

Reason

National Bank lowered the firm's price target on Manulife Financial to C$49 from C$50 and keeps an Outperform rating on the shares.

RBC Capital

Darko Mihelic

Buy

Maintains

$49 → $51

2025-02-21

Reason

RBC Capital

Darko Mihelic

Price Target

$49 → $51

2025-02-21

Maintains

Buy

Reason

RBC Capital analyst Darko Mihelic raised the firm's price target on Manulife Financial to C$51 from C$49 and keeps an Outperform rating on the shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Manulife Financial Corp (MFC.N) is 10.24, compared to its 5-year average forward P/E of 8.15. For a more detailed relative valuation and DCF analysis to assess Manulife Financial Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

8.15

Current PE

10.24

Overvalued PE

9.57

Undervalued PE

6.73

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

2.84

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

7.17

Undervalued EV/EBITDA

-1.48

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Overvalued

5Y Average PS

0.90

Current PS

1.51

Overvalued PS

1.12

Undervalued PS

0.68