Manulife Financial
About: Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.
Employees: 37,000
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
105% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 43
19% more funds holding in top 10
Funds holding in top 10: 16 [Q3] → 19 (+3) [Q4]
7% more capital invested
Capital invested by funds: $25.1B [Q3] → $26.7B (+$1.66B) [Q4]
5% more funds holding
Funds holding: 657 [Q3] → 689 (+32) [Q4]
2.33% more ownership
Funds ownership: 47.14% [Q3] → 49.46% (+2.33%) [Q4]
21% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 247
80% less call options, than puts
Call options by funds: $132M | Put options by funds: $664M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$51
73%
upside
Avg. target
$51
73%
upside
High target
$51
73%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Darko Mihelic 0% 1-year accuracy 0 / 9 met price target | 73%upside $51 | Outperform Maintained | 21 Feb 2025 |
Financial journalist opinion
Based on 17 articles about MFC published over the past 30 days
Neutral
PRNewsWire
1 week ago
GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement Rate
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 Manulife's digital capabilities, including AI-enabled enhancements, are expected to generate a threefold return on investment over five years through 2027 TORONTO , March 6, 2025 /PRNewswire/ - Manulife announced today that over 75 percent of its global workforce are engaged with GenAI through learning, immersive experiences and tools, including ChatMFC, its proprietary GenAI assistant introduced in 2024. Manulife has been actively investing in AI tools to embed across its workforce since the AI practice was introduced nearly ten years ago.
Neutral
PRNewsWire
1 week ago
Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 19
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 5, 2025 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that after having taken into account all election notices received by the March 4, 2025 deadline for conversion of its currently outstanding 10,000,000 Non-cumulative Rate Reset Class 1 Shares Series 19 (the "Series 19 Preferred Shares") (TSX: MFC.PR.N) into Non-cumulative Floating Rate Class 1 Shares Series 20 of Manulife (the "Series 20 Preferred Shares"), the holders of Series 19 Preferred Shares are not entitled to convert their Series 19 Preferred Shares into Series 20 Preferred Shares. There were 3,700 Series 19 Preferred Shares elected for conversion, which is less than the minimum one million shares required to give effect to conversions into Series 20 Preferred Shares.
Neutral
PRNewsWire
2 weeks ago
Manulife cautions investors regarding Ocehan LLC offer for shares
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 25, 2025 /PRNewswire/ - Manulife has been notified of an unsolicited mini-tender offer made by Ocehan LLC (Ocehan) to purchase up to 50,000 Manulife common shares, or less than 0.003% of the common shares outstanding, at a price of $34.20 per share. Manulife is in no way associated with Ocehan and does not recommend or endorse acceptance of this unsolicited offer.
Positive
Seeking Alpha
2 weeks ago
Manulife: 8% Total Yield And Asia Growth A Winning Formula
Manulife: 8% Total Yield And Asia Growth A Winning Formula
Neutral
PRNewsWire
2 weeks ago
Manulife announces Automatic Share Repurchase Plan
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 24, 2025 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has entered into an automatic share repurchase plan (the "automatic plan") under which its designated broker will repurchase Manulife's common shares pursuant to its previously announced normal course issuer bid ("NCIB"). The actual number of common shares purchased under the automatic plan, the timing of such purchases and the price at which common shares are purchased will depend upon future market conditions.
Neutral
Seeking Alpha
3 weeks ago
The Stocks And ETFs Driving Trump's Tariff Target Markets
Trump's tariffs cause short-term volatility, but long-term market impact is minimal; earnings remain the key focus for investors. The three countries in questions are Canada, China, and Mexico. This blog dives into several major companies domiciled in one of those three countries. In the long-term scheme of things the fundamentals of the companies behind these ADRs and stocks are likely to be more deterministic than any geopolitical factors.
Positive
Seeking Alpha
3 weeks ago
Manulife 2024 Earnings Review: Good Operating Momentum But Limited Upside
Manulife Financial Corporation's strong fundamentals and growth prospects in the life insurance sector make it an interesting long-term investment despite its current overvaluation. Positive 2024 earnings, driven by Asia operations and digital initiatives, led to a 10% dividend increase and a new share buyback program. Manulife's balance sheet is robust, allowing significant shareholder returns, with a forward dividend yield of 3.9% and a 137% capital ratio.
Positive
Zacks Investment Research
3 weeks ago
Manulife Financial Q4 Earnings Beat Estimates, Dividend Raised
MFC's fourth-quarter results reflect strong business growth led by Global WAM, Canada and Asia.
Neutral
Seeking Alpha
3 weeks ago
Manulife Financial Corporation (MFC) Q4 2024 Earnings Call Transcript
Manulife Financial Corporation (MFC) Q4 2024 Earnings Call Transcript
Neutral
PRNewsWire
3 weeks ago
Nancy Carroll and John Montalbano appointed to Manulife's Board of Directors
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 19, 2025 /PRNewswire/ - Manulife announced today that Nancy Carroll and John Montalbano have been appointed to its Board of Directors, effective February 28, 2025. Ms. Carroll is a former partner in the Financial Services Group and head of the National Insurance and Reinsurance Group of the law firm McCarthy Tétrault LLP, with over 40 years of experience as a leading legal advisor to Canadian and global insurance and reinsurance companies, banks and their boards on complex regulatory, M&A, transactional, compliance, governance and strategic matters.
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