MFC-PL:CA:TSX-Manulife Financial Corp Pref L (CAD)

PREFERRED STOCK | Insurance - Life |

Last Closing

CAD 23

Change

-0.19 (-0.82)%

Market Cap

CAD 66.26B

Volume

2.10K

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: 2024-10-01 )

Largest Industry Peers for Insurance - Life

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

-0.12 (-0.30%)

CAD 70.99B
MFC-PN:CA Manulife Financial Corp Pref N

-0.20 (-0.95%)

CAD 60.83B
MFC-PF:CA Manulife Financial Corp Pref 3..

-0.14 (-0.85%)

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

-0.12 (-0.26%)

CAD 42.93B
POW:CA Power Corporation Of Canada

-0.14 (-0.33%)

CAD 27.78B
GWO-PQ:CA Great Wes 5.15 Q Non Cum Fst P..

-0.23 (-1.02%)

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

N/A

CAD 26.63B
GWO-PS:CA Great West Lifeco Inc Pref S

N/A

CAD 26.47B
PWF-PT:CA Power Financial Corp Pref T

-0.19 (-0.83%)

CAD 25.56B
PWF-PQ:CA Power Financial Corp Pref Q

+0.16 (+0.99%)

CAD 25.20B

ETFs Containing MFC-PL: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 21.56% 94% A 79% B-
Dividend Return 2.50% 26% F 56% F
Total Return 24.07% 94% A 81% B-
Trailing 12 Months  
Capital Gain 27.92% 94% A 72% C
Dividend Return 3.95% 26% F 63% D
Total Return 31.87% 90% A- 74% C
Trailing 5 Years  
Capital Gain 41.10% 79% B- 64% D
Dividend Return 24.68% 64% D 84% B
Total Return 65.78% 74% C 72% C
Average Annual (5 Year Horizon)  
Capital Gain 11.89% N/A N/A 76% C+
Dividend Return 16.85% N/A N/A 81% B-
Total Return 4.96% N/A N/A 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 31.42% N/A N/A 28% F
Risk Adjusted Return 53.65% N/A N/A 70% C-
Market Capitalization 66.26B 94% A 98% 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.

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:

There is nothing we particularly dislike