MFC - Manulife Financial Corporation (TSX) - Share Price and News

Manulife Financial Corporation
CA ˙ TSX ˙ CA56501R1064
$42.48 ↓ -0.25 (-0.59%)
2025-09-05
SHARE PRICE
Overview
Manulife Financial Corporation is a leading international financial services group headquartered in Canada, primarily operating in the life insurance and wealth management sectors. The company provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions globally. As a major player in the life insurance industry, Manulife also has significant operations in asset management, notably through its global division, Manulife Investment Management, which handles a wide range of investment services. Key projects include advancing digital transformation across its services, expanding its wealth and asset management portfolio, and enhancing sustainability initiatives to integrate ESG factors into its investment decisions. These strategic priorities aim to foster long-term growth and respond to the evolving needs of clients in various international markets.
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Basic Stats

The share price of Manulife Financial Corporation as of September 5, 2025 is $42.48 / share. This is an increase of 0.54% from the prior week. The market cap (or net worth) of Manulife Financial Corporation as of September 5, 2025 is $72,343.44 MM.

The Factor Analysis chart (below right) shows a view of Manulife Financial Corporation from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.

For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.

Market Cap 72,343.44 MM
EV 75,992.19 MM
Shares Out. 1,703.00 MM
Earnings Date
EPS (TTM) 3.55
Dividend Yield 4.14 %
Ex-Dividend Date 2025-08-20
Borrow Rate 0.85
Short Shares Avail. 10.00 MM
Short Interest
Short Float
Days to Cover
Risk Free Rate 4.17 %
Price Change (1 yr) 14.04 %
Volatility (1 yr) 0.26
Beta 0.93
Sharpe Ratio (1 yr) 0.38
Sortino Ratio (1 yr) 0.57
PE Ratio 12.02
Price/Book 1.42
Price/TBV 1.99
Book/Market 0.70
EBIT/EV 0.10
EBIT(3yr avg)/EV 0.13
ROA 0.01
ROE 0.12
ROIC 0.08
CROIC 0.02
OCROIC 0.38
Implied Volatility
Put/Call OI Ratio
Growth 48.66 /100
Profitability 80.17 /100
Quality Score 86.43 /100
Value Score 90.62 /100
Momentum Score 38.65 /100
Stability (Low Vol) Score 79.74 /100
Analyst Sentiment 63.79 /100
Fund Sentiment 31.53 /100
Insider Sentiment
Officer Sentiment
Dividend Score 69.62 /100
QVM Score
Piotroski F-SCORE 8.00 /9
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target

The average one-year price target for Manulife Financial Corporation is $49.04. The forecasts range from a low of $44.44 to a high of $52.50. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.

Update Frequency: Monthly

Record Date Projection Date High Low Median Average
2025-09-02 2026-09-02 52.50 44.44 49.47 49.04
Stock Upgrades/Downgrades

This card shows analyst upgrades/downgrades for Manulife Financial Corporation. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.

The standard analyst ratings are generally as follows:
  • Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
  • Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
  • Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.

When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.

The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.

Date Analyst Prior Latest
Recommendation
Action
2022-11-11 Canaccord Capital Upgrade
2022-11-11 Barclays Downgrade
2022-11-10 STA Research Hold Maintains
2022-11-10 Scotiabank Capital Outperform Maintains
2022-11-10 CIBC Capital Markets Underperform Maintains
2022-10-31 Evercore ISI Hold Downgrade
2022-10-28 STA Research Hold Downgrade
2022-10-28 National Bank of Canada Financial Sector Perform Downgrade
2022-10-12 Barclays Downgrade
2022-08-12 Scotiabank Capital Outperform Maintains
2022-08-12 Cormark Securities Upgrade
2022-07-27 STA Research Hold Maintains
2022-07-27 Scotiabank Capital Outperform Upgrade
2022-07-19 National Bank of Canada Financial Sector Perform Downgrade
2022-05-13 Scotiabank Capital Sector Perform Downgrade
2022-05-13 RBC Royalbank Sector Perform Downgrade
2022-05-13 Desjardins Group Hold Downgrade
2022-05-13 CIBC Capital Markets Hold Downgrade
2022-05-13 Canaccord Capital Hold Downgrade
2022-05-13 Barclays Overweight Downgrade
2022-05-12 TD Research Action List Buy Downgrade
2022-05-12 Scotiabank Capital Sector Perform Maintains
2022-05-12 National Bank of Canada Financial Sector Perform Downgrade
2022-05-12 BMO Financial Hold Initiate
2022-05-02 Scotiabank Capital Sector Perform Downgrade
2022-04-12 Barclays Overweight Downgrade
2022-03-17 Zacks Investment Research Hold Maintains
2022-03-17 STA Research Hold Initiate
2022-03-17 Morningstar Hold Maintains
2022-02-24 CIBC Capital Markets Underperform Maintains
2022-02-14 STA Research Hold Downgrade
2022-02-11 Canaccord Capital Buy Upgrade
2022-02-11 BMO Financial Outperform Upgrade
2022-02-10 Scotiabank Capital Sector Perform Maintains
2022-02-10 CIBC Capital Markets Underperform Maintains
2022-02-03 Barclays Overweight Initiate
2022-01-28 Scotiabank Capital Sector Perform Downgrade
2022-01-25 Morningstar Hold Maintains
2022-01-20 CIBC Capital Markets Underperform Maintains
2021-12-16 CIBC World Markets Underperform Downgrade
2021-12-16 CIBC Capital Markets Underperform Downgrade
2021-11-17 RBCRoyalBank Sector Perform Upgrade
2021-11-17 Evercore ISI In-Line Upgrade
2021-11-17 CreditSuisse Neutral Upgrade
2021-11-16 TDNewcrest Action List Buy Upgrade
2021-11-16 ScotiaBankFinancial Sector Perform Upgrade
2021-11-16 CIBC WM Neutral Maintains
2021-11-09 CreditSuisse Neutral Downgrade
2021-11-05 Sbank Sector Perform Upgrade
2021-11-05 RY Bank Sector Perform Downgrade
2021-11-05 RBCRoyalBank Sector Perform Downgrade
2021-11-05 Cormark Securities Downgrade
2021-11-04 TDNewcrest Action List Buy Downgrade
2021-10-26 CIBC World Markets Neutral Maintains
2021-10-25 Canaccord Genuity Buy Initiate
2021-10-20 TD Securities Upgrade
2021-08-10 Credit Suisse Outperform Neutral Downgrade
2021-08-06 RBC Capital Sector Perform Upgrade
2021-08-06 Canaccord Genuity Upgrade
2021-08-05 TD Securities Action List Buy Upgrade
2021-07-26 Sbank Upgrade
2021-07-12 Barclays Upgrade
2021-06-30 RBC Capital Sector Perform Maintains
2021-06-30 CIBC World Markets Neutral Maintains
2021-05-12 Credit Suisse Outperform Downgrade
2021-05-07 Sbank Outperform Upgrade
2021-05-07 RBC Capital Sector Perform Downgrade
2021-05-06 RBC Capital Outperform Maintains
2021-05-06 Evercore ISI Upgrade
2021-04-30 Credit Suisse Outperform Upgrade
2021-04-29 Sbank Outperform Upgrade
2021-04-20 RBC Capital Outperform Maintains
2021-04-20 CIBC World Markets Neutral Maintains
2021-04-16 BMO Capital Markets Outperform Upgrade
2021-03-03 Evercore ISI 25 Maintains
2021-02-16 National Bank Financial Sector Perform Upgrade
2021-02-16 Credit Suisse Upgrade
2021-02-12 CIBC World Markets Outperform Initiate
2021-02-11 Evercore ISI Upgrade
2021-02-01 Sbank Upgrade
2021-02-01 Canaccord Genuity Upgrade
2021-01-29 Credit Suisse Upgrade
2021-01-13 Evercore ISI Upgrade
2020-11-13 National Bank Financial Sector Perform Upgrade
2020-11-13 Canaccord Genuity Upgrade
2020-11-12 Evercore ISI Upgrade
2020-08-20 Morgan Stanley Upgrade
2020-08-07 National Bank Financial Sector Perform Upgrade
2020-08-07 Credit Suisse Outperform Upgrade
2020-07-24 Canaccord Genuity Upgrade
2020-05-11 Eight Capital Downgrade
2020-05-08 National Bank Financial Outperform Overweight Sector Perform Overweight Downgrade
2020-05-07 TD Securities Action List Buy Upgrade
2020-03-23 TD Securities Buy Action List Buy Upgrade
2020-02-14 RBC Capital Outperform Downgrade
2020-02-14 Canaccord Genuity Downgrade
2020-02-07 Credit Suisse Neutral Initiate
2020-01-13 Barclays Overweight Maintains
2019-11-27 BMO Capital Markets Upgrade
2019-11-08 National Bank Financial Outperform Upgrade
2019-11-08 Desjardins Securities Upgrade
2019-11-08 CIBC World Markets Upgrade
2019-11-08 Canaccord Genuity Upgrade
2019-11-08 BMO Capital Markets Upgrade
2019-11-07 TD Securities Buy Upgrade
2019-08-09 RBC Capital Outperform Initiate
2019-08-09 National Bank Financial Outperform Downgrade
2019-08-09 Cormark Securities Upgrade
2019-08-08 Evercore ISI Downgrade
2019-05-03 Morgan Stanley Upgrade
2019-02-14 TD Securities Buy Downgrade
2019-01-24 National Bank Financial Outperform Downgrade
2018-11-09 BMO Capital Markets Downgrade
2018-11-08 TD Securities Upgrade
2018-11-08 Evercore ISI In-Line Reiterate
2018-11-04 CIBC World Markets Upgrade
2018-10-29 CIBC World Markets Downgrade
2018-10-16 Desjardins Securities Downgrade
2018-10-05 National Bank Financial Outperform Downgrade
2018-08-09 National Bank Financial Outperform Downgrade
2018-07-24 Canaccord Genuity Buy Initiate
2018-07-11 Morgan Stanley Equal-Weight Equal-Weight Maintains
2018-07-10 Evercore ISI Group In-Line Initiate
2018-05-04 Sbank Outperform Upgrade
2018-05-04 CIBC World Markets Neutral Outperform Upgrade
2018-05-03 TD Securities Buy Upgrade
2018-04-12 TD Securities Hold Buy Upgrade
2018-04-12 Desjardins Securities Downgrade
2018-04-05 Morgan Stanley Equal-Weight Equal-Weight Maintains
2018-02-22 Morgan Stanley Equal-Weight Equal-Weight Maintains
2018-02-08 TD Securities Hold Downgrade
2018-01-24 National Bank Financial Sector Perform Outperform Upgrade
2018-01-11 Barclays Upgrade
2018-01-09 TD Securities Hold Upgrade
2017-12-27 National Bank Financial Sector Perform Upgrade
2017-11-13 Morgan Stanley Equal-Weight Maintains
2017-11-13 Desjardins Securities Upgrade
2017-11-13 Barclays Upgrade
2017-11-10 RBC Capital Outperform Upgrade
2017-11-10 BMO Capital Markets Outperform Reiterate
2017-11-09 National Bank Financial Sector Perform Upgrade
2017-11-01 Credit Suisse Upgrade
2017-10-11 BMO Capital Markets Outperform Reiterate
2017-10-05 Morgan Stanley Equal-Weight Maintains
2017-08-11 RBC Capital Outperform Upgrade
2017-08-10 National Bank Financial Sector Perform Upgrade
2017-07-12 Barclays 29 Maintains
2017-05-05 Sbank Outperform Maintains
2017-05-04 TD Securities Hold Maintains
2017-02-10 Sbank Outperform Maintains
2017-02-10 Dundee Securities 28 Maintains
2017-02-10 CIBC World Markets 27 Maintains
2017-01-16 BMO Capital Markets 29 Maintains
2017-01-13 Canaccord Genuity 26 Maintains
2017-01-12 Barclays Overweight Maintains
2017-01-05 Morgan Stanley 26 Maintains
2016-12-22 Dundee Securities 27 Maintains
2016-12-21 Desjardins Securities 27 Maintains
2016-11-15 Credit Suisse Outperform Maintains
2016-11-11 TD Securities Hold Maintains
2016-11-11 Sbank Outperform Maintains
2016-11-11 RBC Capital Outperform Maintains
2016-11-11 National Bank Financial Outperform Maintains
2016-11-11 Desjardins Securities Buy Maintains
2016-11-11 CIBC World Markets 23 Maintains
2016-11-11 Canaccord Genuity Hold Maintains
2016-11-08 Sbank Outperform Maintains
2016-09-21 Dundee Buy Initiate
2016-08-24 Bank of America Buy Initiate
2016-08-04 CIBC Sector Outperform Sector Perform Downgrade
2016-07-12 Barclays 20 Maintains
2016-05-06 TD Securities Hold Maintains
2016-04-08 Barclays 21 Maintains
2016-02-16 Sbank Outperform Maintains
2016-02-12 National Bank Financial Outperform Maintains
2016-02-12 Canaccord Genuity Buy Hold Downgrade
2016-02-12 BMO Capital Markets Outperform Maintains
2016-02-12 Barclays Overweight Maintains
2016-01-13 CIBC World Markets 24 Maintains
2015-10-28 CIBC World Markets 25 Maintains
2014-10-23 Sbank 25 Maintains
2014-08-26 Sbank 24 Maintains
2014-08-08 RBC Capital Outperform Maintains
2014-08-08 National Bank Financial Outperform Maintains
2014-08-08 Barclays Outperform Maintains
2014-05-26 Canaccord Genuity 22 Maintains
2014-01-28 CIBC World Markets Sector Outperform Maintains
2014-01-23 Credit Suisse Outperform Maintains
2013-12-05 Barclays Outperform Maintains
2013-11-22 Sbank 22 Maintains
2013-10-25 TD Securities Buy Initiate
2013-08-20 RBC Capital Sector Perform Maintains
2013-08-09 RBC Capital Sector Perform Maintains
2013-08-09 National Bank Financial 19.5 Maintains
2013-08-09 Cormark Securities Buy Market Perform Downgrade
2013-08-09 CIBC World Markets Sector Outperform Maintains
2013-08-09 Canaccord Genuity Buy Maintains
2013-08-09 Barclays Outperform Maintains
2013-07-25 Sbank 20 Maintains
2013-07-10 Canaccord Genuity 19 Maintains
2013-07-10 Barclays 19 Maintains
2013-06-20 BMO Capital Market Perform Outperform Upgrade
2013-06-18 Barclays Outperform Maintains
2013-05-06 Credit Suisse 18 Maintains
2013-05-03 Credit Suisse Neutral Outperform Upgrade
2013-05-03 CIBC World Markets Sector Outperform Maintains
2013-05-02 Canaccord Genuity Hold Buy Upgrade
2013-04-19 National Bank Financial 15 Maintains
2013-02-08 TD Securities 16.5 Maintains
2013-02-08 National Bank Financial 16 Maintains
2013-02-08 CIBC World Markets 16 Maintains
2013-02-08 Canaccord Genuity 15.5 Maintains
2013-02-08 Barclays 15 Maintains
2013-01-31 Sbank 16 Maintains
2013-01-14 UBS Neutral Buy Upgrade
2013-01-14 CIBC World Markets 15 Maintains
2013-01-07 Canaccord Genuity Hold Maintains
2012-09-11 UBS Neutral Maintains
2023-04-17 DESJARDINS SECURITIES Buy Hold Downgrade
2023-04-12 TD SECURITIES Buy Buy Maintains
2023-03-29 SCOTIABANK GBM Outperform Outperform Maintains
2023-02-23 CIBC CAPITAL MARKETS Neutral Underperform Downgrade
2023-02-17 CREDIT SUISSE Neutral Neutral Maintains
2023-02-17 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2022-11-11 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2022-05-12 CORMARK SECURITIES INC. Buy Buy Maintains
2022-05-11 DESJARDINS SECURITIES Buy Buy Maintains
2021-11-16 CREDIT SUISSE Outperform Neutral Downgrade
2021-11-14 CIBC CAPITAL MARKETS Neutral Neutral Maintains
2021-08-20 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2021-06-30 CREDIT SUISSE Outperform Outperform Maintains
2023-05-11 SCOTIABANK GBM Outperform Outperform Maintains
2023-05-11 CREDIT SUISSE Neutral Neutral Maintains
2023-05-11 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2023-05-10 TD SECURITIES Buy Buy Maintains
2023-05-09 DESJARDINS SECURITIES Buy Hold Downgrade
2023-05-09 CIBC CAPITAL MARKETS Neutral Underperform Downgrade
2022-11-10 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2022-05-11 CORMARK SECURITIES INC. Buy Buy Maintains
2022-05-10 DESJARDINS SECURITIES Buy Buy Maintains
2021-11-15 CREDIT SUISSE Outperform Neutral Downgrade
2021-11-13 CIBC CAPITAL MARKETS Neutral Neutral Maintains
2021-08-19 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2021-06-29 CREDIT SUISSE Outperform Outperform Maintains
2023-08-29 SCOTIABANK GBM Outperform Outperform Maintains
2023-08-15 CIBC CAPITAL MARKETS Underperform Underperform Maintains
2023-08-10 CREDIT SUISSE Neutral Neutral Maintains
2023-08-10 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2023-08-09 TD SECURITIES Buy Buy Maintains
2023-08-09 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2023-08-08 DESJARDINS SECURITIES Hold Hold Maintains
2023-05-10 CIBC CAPITAL MARKETS Neutral Underperform Downgrade
2023-12-20 CIBC CAPITAL MARKETS Underperform Underperform Maintains
2023-12-19 DESJARDINS SECURITIES Hold Hold Maintains
2023-12-12 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2023-12-11 TD SECURITIES Buy Buy Maintains
2023-11-09 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2023-08-30 SCOTIABANK GBM Outperform Outperform Maintains
2023-08-16 CIBC CAPITAL MARKETS Underperform Underperform Maintains
2023-08-11 CREDIT SUISSE Neutral Neutral Maintains
2023-08-11 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2023-08-10 TD SECURITIES Buy Buy Maintains
2023-08-10 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2023-08-09 DESJARDINS SECURITIES Hold Hold Maintains
2023-05-12 SCOTIABANK GBM Outperform Outperform Maintains
2023-05-12 CREDIT SUISSE Neutral Neutral Maintains
2023-05-12 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2023-05-11 TD SECURITIES Buy Buy Maintains
2023-05-10 DESJARDINS SECURITIES Buy Hold Downgrade
2024-08-07 TD COWEN Buy Buy Maintains
2024-08-06 DESJARDINS SECURITIES Hold Buy Upgrade
2024-08-06 CIBC CAPITAL MARKETS Underperform Neutral Upgrade
2024-07-29 NATIONAL BANK FINANCIAL Outperform Outperform Maintains
2024-07-23 CORMARK SECURITIES INC. Buy Buy Maintains
2024-05-09 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2024-03-24 TD SECURITIES Buy Buy Maintains
2024-02-14 TD SECURITIES Buy Buy Maintains
2024-02-13 DESJARDINS SECURITIES Hold Hold Maintains
2024-01-21 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2023-12-19 CIBC CAPITAL MARKETS Underperform Underperform Maintains
2023-12-18 DESJARDINS SECURITIES Hold Hold Maintains
2023-12-11 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2023-12-10 TD SECURITIES Buy Buy Maintains
2023-11-08 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2025-02-26 SCOTIABANK GBM Outperform Outperform Maintains
2025-02-26 CIBC CAPITAL MARKETS Neutral Neutral Maintains
2025-02-19 TD COWEN Buy Buy Maintains
2025-02-19 CORMARK SECURITIES INC. Buy Buy Maintains
2025-02-19 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2025-02-18 JEFFERIES Buy Buy Maintains
2025-02-18 NATIONAL BANK FINANCIAL Outperform Outperform Maintains
2025-02-18 DESJARDINS SECURITIES Buy Buy Maintains
2024-12-16 DESJARDINS SECURITIES Buy Buy Maintains
2024-12-11 CIBC CAPITAL MARKETS Neutral Neutral Maintains
2024-11-20 SCOTIABANK GBM Outperform Outperform Maintains
2024-11-20 CORMARK SECURITIES INC. Buy Buy Maintains
2024-11-19 NATIONAL BANK FINANCIAL Outperform Outperform Maintains
2024-11-19 TD COWEN Buy Buy Maintains
2024-11-07 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2024-10-29 VERITAS INVESTMENT RESEARCH Buy Buy Maintains
2025-07-13 TD COWEN Buy Buy Maintains
2025-07-09 NATIONAL BANK FINANCIAL Outperform Outperform Maintains
2025-07-09 DESJARDINS SECURITIES Buy Buy Maintains
2025-05-12 CIBC CAPITAL MARKETS Neutral Neutral Maintains
2025-05-08 SCOTIABANK GBM Outperform Outperform Maintains
2025-05-08 ARC INDEPENDENT RESEARCH Buy Buy Maintains
2025-05-07 CORMARK SECURITIES INC. Buy Buy Maintains
2025-07-17 JEFFERIES Buy Buy Maintains
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