MFC: Manulife Financial Corp.
About
Manulife Financial Corp. engages in the provision of financial services. It operates through the following segments: Asia, Canada, U.S., Global Wealth and Asset Management, and Corporate and Other. The Asia segment refers to insurance and insurance-based wealth accumulation products in Asia. The Canada segment offers insurance-based wealth accumulation products and banking services in Canada. The U.S. segment provides in-force long-term care insurance business and an in-force annuity business. The Global Wealth and Asset Management segment delivers fee-based wealth solutions to retail, retirement, and institutional customers. The Corporate and Other segment is involved in investment performance on assets backing capital, net of amounts allocated to operating segments, financing costs, costs incurred by the corporate office related to shareholder activities, property and casualty reinsurance business, and run-off reinsurance business lines. The company was founded in 1887 and is headquartered in Toronto, Canada.
Current Value
$32.181 Year Return
Current Value
$32.181 Year Return
Key Details
Market Cap
$57.06B
P/E Ratio
15.6
1Y Stock Return
70.70%
1Y Revenue Growth
9.03%
Dividend Yield
4.87%
Price to Book
1.8
Strategies that include MFC
Stock's related to MFC
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BN | 62.62% | $85.61B | +67.30% | 0.55% |
| BNT | 59.62% | $7.31B | +67.22% | 0.00% |
| PRU | 58.16% | $44.36B | +32.25% | 5.15% |
| PFG | 57.42% | $19.25B | +16.58% | 3.30% |
| SLF | 56.17% | $34.74B | +18.95% | 3.89% |
| EQH | 55.86% | $14.60B | +65.31% | 1.98% |
| APAM | 54.62% | $3.25B | +26.70% | 6.08% |
| MET | 54.31% | $57.21B | +32.74% | 2.60% |
| RS | 53.52% | $16.72B | +15.56% | 1.05% |
| MTRN | 53.49% | $2.31B | -1.56% | 0.48% |
| IOSP | 53.30% | $2.91B | +9.50% | 1.32% |
| RY | 53.08% | $173.56B | +40.55% | 3.32% |
| BAM | 53.05% | $23.31B | +66.79% | 2.62% |
| JEF | 52.62% | $15.33B | +115.42% | 1.73% |
| CNO | 52.51% | $4.02B | +51.36% | 1.60% |
| FUN | 52.51% | $4.60B | -16.51% | 0.00% |
| TY | 52.48% | - | - | 3.32% |
| KAI | 52.43% | $4.65B | +51.38% | 0.32% |
| IVZ | 52.30% | $7.76B | +25.60% | 4.72% |
| AMP | 52.02% | $54.58B | +61.67% | 1.03% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CARV | -0.01% | $8.48M | -8.79% | 0.00% |
| APT | 0.02% | $58.84M | +13.35% | 0.00% |
| MGNX | 0.03% | $218.42M | -53.04% | 0.00% |
| RAPT | -0.04% | $37.41M | -92.14% | 0.00% |
| GRAL | -0.05% | $459.22M | -13.00% | 0.00% |
| PBYI | 0.06% | $134.50M | -28.83% | 0.00% |
| ALNY | -0.09% | $30.22B | +43.13% | 0.00% |
| CDLX | 0.09% | $178.39M | -54.00% | 0.00% |
| PRT | -0.11% | $48.72M | -16.56% | 10.33% |
| MNR | -0.12% | $1.66B | -10.71% | 15.90% |
| X | 0.19% | $8.76B | +13.32% | 0.51% |
| RDY | -0.21% | $11.97B | +5.10% | 3.31% |
| UTHR | -0.21% | $16.10B | +56.54% | 0.00% |
| KO | 0.28% | $269.63B | +7.86% | 3.07% |
| CPSH | 0.29% | $20.70M | -40.13% | 0.00% |
| OXBR | 0.31% | $19.05M | +178.18% | 0.00% |
| INSM | 0.32% | $13.19B | +202.50% | 0.00% |
| XBIO | -0.33% | $6.01M | +21.36% | 0.00% |
| WHLM | 0.36% | $17.64M | -29.34% | 0.00% |
| COR | -0.37% | $47.48B | +21.20% | 0.86% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -16.26% | $21.46B | +15.84% | 1.11% |
| QTTB | -13.99% | $354.34M | +188.64% | 0.00% |
| HUSA | -13.31% | $16.69M | -11.56% | 0.00% |
| ASPS | -11.41% | $22.36M | -80.26% | 0.00% |
| CYD | -9.17% | $364.46M | -2.94% | 4.26% |
| EXAS | -8.34% | $9.98B | -17.22% | 0.00% |
| BGS | -7.60% | $503.48M | -32.20% | 12.01% |
| MCK | -6.74% | $78.15B | +35.51% | 0.42% |
| NTZ | -6.35% | $47.64M | -30.94% | 0.00% |
| CPB | -6.20% | $12.96B | +7.08% | 3.40% |
| MANU | -6.11% | $2.88B | -9.41% | 0.00% |
| VZIO | -6.02% | $2.29B | +67.76% | 0.00% |
| FAT | -5.88% | $89.30M | -11.53% | 10.73% |
| GAN | -4.92% | $83.39M | +21.19% | 0.00% |
| NARI | -4.34% | $2.98B | -11.66% | 0.00% |
| TLPH | -4.33% | $11.41M | +9.85% | 0.00% |
| PULM | -3.97% | $19.83M | +202.98% | 0.00% |
| PG | -3.58% | $402.15B | +14.14% | 2.33% |
| XOS | -3.52% | $30.51M | -57.24% | 0.00% |
| CHD | -3.50% | $27.18B | +19.50% | 1.03% |
ETF's related to MFC
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| RSPA | 74.22% | $273.87M | 0% |
| BBCA | 69.34% | $7.41B | 0.19% |
| EFAA | 69.28% | $117.38M | 0% |
| EWC | 68.92% | $2.79B | 0.5% |
| FLCA | 68.08% | $410.22M | 0.09% |
| QQA | 67.49% | $135.01M | 0% |
| IXG | 66.29% | $441.53M | 0.42% |
| DFUV | 63.95% | $11.68B | 0.21% |
| FEX | 63.65% | $1.33B | 0.6% |
| ESGD | 63.24% | $8.15B | 0.2% |
| EFA | 63.19% | $53.69B | 0.35% |
| LCTD | 63.19% | $250.63M | 0.2% |
| JIRE | 63.17% | $6.35B | 0.24% |
| RDVY | 63.17% | $12.93B | 0.49% |
| IEFA | 63.14% | $118.59B | 0.07% |
| GSIE | 63.12% | $3.55B | 0.25% |
| CWI | 63.08% | $1.57B | 0.3% |
| VIGI | 63.08% | $7.06B | 0.15% |
| AVDE | 63.07% | $5.17B | 0.23% |
| DFIV | 63.03% | $7.82B | 0.27% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TBIL | 0.18% | $4.38B | 0.15% |
| UNG | 0.24% | $908.80M | 1.06% |
| MINT | 0.64% | $11.62B | 0.35% |
| UTWO | 0.78% | $447.63M | 0.15% |
| SOYB | 0.92% | $27.32M | 0.22% |
| IBTF | 1.25% | $2.05B | 0.07% |
| DBA | -1.91% | $755.88M | 0.93% |
| KCCA | 2.08% | $220.51M | 0.87% |
| XHLF | 2.28% | $874.27M | 0.03% |
| JUCY | 2.49% | $324.29M | 0.6% |
| SHYD | 2.85% | $311.50M | 0.35% |
| CCOR | 3.43% | $109.04M | 1.18% |
| EQLS | -3.57% | $76.08M | 1% |
| SPTS | 3.66% | $5.71B | 0.03% |
| VGSH | 4.16% | $19.14B | 0.04% |
| KMLM | -4.17% | $353.87M | 0.9% |
| ULST | -4.45% | $535.47M | 0.2% |
| SMB | -4.68% | $266.77M | 0.07% |
| XBIL | -4.71% | $637.70M | 0.15% |
| GSY | 4.81% | $2.29B | 0.23% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -46.11% | $195.31M | 0.85% |
| BTAL | -40.49% | $388.04M | 1.43% |
| TAIL | -36.03% | $67.98M | 0.59% |
| USDU | -27.28% | $201.97M | 0.5% |
| UUP | -23.91% | $309.25M | 0.77% |
| CLOI | -11.79% | $715.40M | 0.4% |
| WEAT | -8.74% | $120.27M | 0.28% |
| CORN | -8.66% | $61.12M | 0.2% |
| XONE | -5.87% | $548.88M | 0.03% |
| CGSM | -5.53% | $514.53M | 0.25% |
| IVOL | -5.52% | $548.70M | 1.02% |
| HDRO | -5.36% | $164.26M | 0.3% |
| CTA | -4.92% | $350.27M | 0.78% |
| XBIL | -4.71% | $637.70M | 0.15% |
| SMB | -4.68% | $266.77M | 0.07% |
| ULST | -4.45% | $535.47M | 0.2% |
| KMLM | -4.17% | $353.87M | 0.9% |
| EQLS | -3.57% | $76.08M | 1% |
| DBA | -1.91% | $755.88M | 0.93% |
| TBIL | 0.18% | $4.38B | 0.15% |
News
Fintel
Manulife Financial (MFC) Price Target Increased by 12.60% to 33.19
Yahoo
Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) and Non-cumulative Floating Rate Class 1 Shares Series 18 (the "Series 18 Preferred Shares").
Yahoo
Manulife Reaches $5.4-Billion Reinsurance Agreement With Reinsurance Group of America
Yahoo
The agreement with Reinsurance Group of America covers C$2.4 billion of long-term care reserves, Manulife said on Wednesday. Insurers maintain reserves to pay out claims by policyholders. Manulife said the latest deal will free up C$800 million of capital for buybacks.
Yahoo
Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion1 reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care ("LTC") reserves.
SeekingAlpha
Manulife Financial Q3'24 results highlight solid growth, especially in Asia and wealth management. Click here to find out my analysis of MFC:CA stock.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.