Manulife Financial Corporation MFC.TO

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64.17 CAD +1.37 (+2.18%)

Nov 4, 2026, 4:00 PM EST

63.09 Day range 64.29
44.23 52-week range 64.29
YTD
+28.75%
1 year
+38.66%
Market cap
106.01B
Revenue (ttm)
33.11B
Profit margin
20.31%
EPS (ttm)
3.69
Shares out
1.65B
P/E ratio
17.39
Forward P/E
12.83
Dividend
1.94 (3.09%)
Ex-dividend date
Aug 20, 2026
YTD return
+28.75%
1-year return
+38.66%
Volume
6.66M
Avg volume
5.13M
Open
63.90
Previous close
62.80
Day's range
63.09 – 64.29
52-week range
44.23 – 64.29
Beta
0.75
Analysts
Buy
Price target
65.47 (+2.0%)

15m +0.91 (+1.44%)

626364Oct 29Oct 30Nov 2Nov 3Nov 464.16

Key statistics

Enterprise value
98.82B
PEG ratio
0.94
Price / sales
3.20
Price / book
2.10
Dividend yield
3.09%
Payout ratio
50.14%
Revenue growth
10.70%
Free cash flow
1.54B
Total cash
32.88B
Total debt
23.34B
Return on equity
13.31%
Short % of float
0.00%
50-day average
61.29
200-day average
55.61

Analyst view

Consensus: buy

Buy
Price target (mean) 65.47 +2.0% upside
Target (low)
49.00
Target (mean)
65.47
Target (high)
74.00
Ratings (0m) 15 9 buy · 4 hold · 2 sell
  • Strong buy3
  • Buy6
  • Hold4
  • Sell0
  • Strong sell2

Next earnings

Consensus EPS estimate 1.18.

Earnings history

Upgrades / downgrades

MFC.TO analyst upgrades and downgrades
DateFirmActionFromTo
Aug 7, 2026RBC CapitalmainOutperformOutperform
Nov 14, 2025RBC CapitalmainOutperformOutperform
Aug 8, 2025RBC CapitalmainOutperformOutperform
Feb 21, 2025RBC CapitalmainOutperformOutperform
Jun 28, 2024TD SecuritiesmainBuyBuy
Feb 15, 2024BMO CapitalupMarket PerformOutperform

About Manulife Financial Corporation

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in the insurance agency, broker dealer, investment counseling, portfolio and mutual fund management, property and casualty insurance, and fund and investment management businesses. In addition, it provides integrated banking products and services, as well as offers asset management services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

Sector
Financial Services
Industry
Insurance - Life
Country
Canada
Website
manulife.com

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Insider holders

MFC.TO insider holders
InsiderRelationLatest transactionDateShares held
Fadous (Stephanie)Senior Officer of IssuerExercise of optionsAug 16, 202644,837
Finch, SteveSenior Officer of IssuerAcquisition or disposition under a purchase/ownership planSep 29, 202657,122
Irshad (Naveed)Senior Officer of IssuerAcquisition or disposition under a purchase/ownership planJun 29, 202648,167
Joshi (Rahul Madhav)Senior Officer of IssuerExercise of optionsJun 7, 2026102,185
Lorentz (Paul Raymon)Senior Officer of IssuerAcquisition or disposition under a purchase/ownership planSep 29, 2026110,725
Manulife Financial CorporationIssuerRedemption, retraction, cancelation, repurchaseSep 29, 20262,772,100

Institution ownership

MFC.TO institution ownership
Holder% heldSharesValueReported
Royal Bank of Canada6.53%108,016,8966.93BJun 29, 2026
Bank of Montreal /CAN/3.43%56,769,3503.64BJun 29, 2026
Vanguard Capital Management LLC2.93%48,447,1523.11BJun 29, 2026
TD Asset Management, Inc1.89%31,322,8032.01BJun 29, 2026
Mackenzie Financial Corporation1.62%26,835,9701.72BSep 29, 2026
National Bank of Canada/FI/1.60%26,549,4351.70BJun 29, 2026

Fund ownership

MFC.TO fund ownership
Holder% heldSharesValueReported
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund1.49%24,612,3201.58BJul 30, 2026
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund0.99%16,349,6661.05BJun 29, 2026
Fidelity Concord Street Trust-Fidelity SAI Canada Equity Index Fund0.58%9,659,282619.84MSep 29, 2026
HARDING LOEVNER Fd.S INC-Harding Loevner Intl Eqy. PORT.0.53%8,750,356561.51MJul 30, 2026
J.P. Morgan Exch-Trd Fd. TRT-JPMorgan BetaBuilders Canada ETF0.36%5,979,865383.73MJul 30, 2026
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard FTSE All-World ex-US Index Fd.0.24%3,980,227255.41MJul 30, 2026