Manulife Financial stock
MFCNYSEManulife Financial Corporation, Financial ServicesISIN CA56501R1064
64Score 64 out of 100, Neutral
Price and trend
76 / 100
Price history
+28% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 9.0% above it.
Since December 2023 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 48).
The price is 4.5% below its 52-week high. Largest decline in 20 years: 85% (October 2007 to March 2009).
Chart figures for advanced users
- SMA 50$43.87
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$40.31
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)48
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$33.40
- The lowest closing price of the last twelve months.
- Resistance$45.99
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Manulife Financial Corporation belongs to the Insurance (Life) industry (Canada) and, with a market value of $72.87B, is number 3 of 33 companies in its industry on MEQIRI.
- In fiscal 2025 it earned $4.06B (up 2.7% year on year).
- MEQIRI Score 64 out of 100 (Neutral): rank 630 of 976 in Financial Services, median 68.
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- The P/E is 17.7 (Insurance (Life) median 11.5, own median of recent years 11.2).
- Our model puts fair value at $43.18, with the price 3% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Reliable dividendNo dividend cut for 17 years.Capital allocation 79
- Share buybacksShare count down 12% since 2020.Capital allocation 79
Weaknesses
- Richly valuedP/E 17.7, Insurance (Life) median 11.5, own median 11.2.Valuation 62
- High leverageTotal assets 20.5 times equity.Stability 49
Its standout strengths are capital allocation and momentum, while stability and growth hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- price near its 52-week high
- calm price action
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $30.85 and expensive above $71.97 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $57.82 (excess return model) and $28.55 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.2%. At 9.2% the fair value would be $38.37, at 7.2% it would be $50.41.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (11.5).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the quarter to 30 Sep 2026, revenue fell 30.9% on the same quarter a year earlier. Revenue swung sharply, with 2 of 20 years negative.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 13%, net 11%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 10 Feb 2027in 90 days
- Last reported
- 4 Nov 2026EPS reported 0.89 (expected 0.83)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- 4.59+1.8%
- Revenue
- $30.28B+1.4%
- Earnings per share
- 5.15+1.6%
- Revenue
- $32.31B+1.4%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −0.3%Canada insurance experience is expected to trend neutral by year end with elevated expenses persisting, and the 18% core ROE goal is referenced, with no guidance change stated.
“What you see this year, 2.5%, that's without any boosting from reinsurance transactions, and we wouldn't want to guide you to anything materially higher or lower than that to get to the 18% core ROE.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Manulife Financial
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 64
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Insurance (Life)
The next larger and next smaller companies by market value
- China Life Insurance2628.HK $142.46B65
- AIA Group1299.HK $103.61B73
- Fubon Financial Holding2881.TW $66.35B74
- MetLifeMET $64.69B73
- AflacAFL $62.87B65
- Great-West LifecoGWO.TO $59.9B72
- Life Insurance Corporation of IndiaLICI.NS $54.01B75
- Cathay Financial Holding2882.TW $50.46B72
ETFs that hold Manulife Financial
Held by 71 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Xtrackers MSCI Canada Screened UCITS ETF 1CD5BH | 2.45% | 0.35% | €1.2B |
| UBS MSCI Canada UCITS ETF CAD disUIM9 | 2.41% | 0.33% | €2.06B |
| iShares MSCI Canada UCITS ETFSXR2 | 2.38% | 0.48% | €2.15B |
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| iShares STOXX World Equity Multifactor UCITS ETFIS07 | 1.57% | 0.33% | €28.39M |
| iShares STOXX Global Select Dividend 100 UCITS ETF (DE)ISPA | 0.97% | 0.46% | €5.31B |
| VanEck Morningstar Developed Markets Dividend Leaders UCITS ETFVDIV | 0.82% | 0.38% | €10.52B |
| iShares MSCI World Quality Dividend Advanced UCITS ETFQDVW | 0.82% | 0.38% | €1.62B |
| iShares MSCI World Value Factor Advanced UCITS ETFCBUI | 0.56% | 0.25% | €1.53B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = CA$1.4235)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 29 Feb 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.