MFC-PN:CA:TSX-Manulife Financial Corp Pref N (CAD)

COMMON STOCK | Insurance - Life |

Last Closing

CAD 21.03

Change

-0.28 (-1.31)%

Market Cap

CAD 61.23B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, 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 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 insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-24 )

Largest Industry Peers for Insurance - Life

Symbol Name Price(Change) Market Cap
MFC:CA Manulife Financial Corp

+0.27 (+0.69%)

CAD 69.65B
MFC-PL:CA Manulife Financial Corp Pref L

-0.09 (-0.39%)

CAD 66.26B
MFC-PF:CA Manulife Financial Corp Pref 3..

N/A

CAD 57.57B
GWO:CA Great-West Lifeco Inc.

+0.25 (+0.54%)

CAD 42.85B
POW:CA Power Corporation Of Canada

-0.26 (-0.60%)

CAD 27.41B
GWO-PQ:CA Great Wes 5.15 Q Non Cum Fst P..

N/A

CAD 27.04B
GWO-PT:CA Great-West Lifeco Inc

+0.28 (+1.28%)

CAD 26.61B
GWO-PS:CA Great West Lifeco Inc Pref S

+0.15 (+0.67%)

CAD 26.33B
PWF-PT:CA Power Financial Corp Pref T

-0.09 (-0.39%)

CAD 25.34B
PWF-PQ:CA Power Financial Corp Pref Q

N/A

CAD 24.81B

ETFs Containing MFC-PN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Insurance - Life) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.93% 87% B+ 68% D+
Dividend Return 1.27% 13% F 36% F
Total Return 17.20% 48% F 67% D+
Trailing 12 Months  
Capital Gain 26.38% 87% B+ 73% C
Dividend Return 2.76% 16% F 47% F
Total Return 29.14% 87% B+ 73% C
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -3.68% 23% F 16% F
Dividend Return -0.78% 23% F 22% F
Total Return 2.90% 10% F 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 17.36% 42% F 49% F
Risk Adjusted Return -4.48% 23% F 24% F
Market Capitalization 61.23B 88% B+ 97% N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.