How to buy Manulife Financial (MFC) stocks

Learn how to buy Manulife Financial stock in 6 easy steps.

Manulife Financial is an insurance - life business based in Canada. Manulife Financial shares (MFC) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$42.90 – a decrease of 2.17% over the previous week. Manulife Financial employs 38,000 staff and has a trailing 12-month revenue of around C$30.1 billion.

Our top picks for where to buy Manulife Financial stock

Best for Beginners

Go to site
Easy to use app
  • 100 free trades signup offer
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

Go to site
CA & US trading
  • 6% cash rebate plus $2,200 in trading perks
  • Low transaction fees
  • Easy-to-use app

How to buy Manulife Financial stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MFC. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Manulife Financial stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Product CAFST Finder Score Available Asset Types Account Types Stock Trading Fee Account Fee Offer
Finder Score
Stocks, Bonds, Options, Index Funds, ETFs, Currencies, Futures
RRSP, TFSA, Personal, Joint
min $1.00, max 0.5%
$0
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95
$0 if conditions met, or $100
Get 100 free trades when you open a CIBC Investor’s Edge account using promo code EDGE2425. Plus, get $200 or more cash back. Valid until March 31, 2025.
Finder Score
Stocks, Options, ETFs
RRSP, TFSA, Personal
$0.014/stock
$0
Enjoy a 6% cash rebate, plus $2,200 in trading perks.
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business
$6.95 - $9.95
$0 if conditions met, otherwise $25/quarter
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal
$4.95 - $9.95
$0
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get 1% cashback or more, a $150 sign-up bonus & unlimited free trades until April 30th, 2025.
loading

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Manulife Financial stock price (Toronto Stock Exchange (TSX): MFC)

Use our graph to track the performance of MFC stocks over time.

Manulife Financial stocks at a glance

Information last updated 2024-12-19.
Latest market closeC$42.90
52-week rangeC$27.19 - C$46.13
50-day moving average C$43.61
200-day moving average C$37.37
Wall St. target priceC$46.64
PE ratio 15.2128
Dividend yield C$1.565 (3.73%)
Earnings per share (TTM) C$2.82

Is it a good time to buy Manulife Financial stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Manulife Financial price performance over time

Historical closes compared with the close of C$42.9 from 2024-12-18

1 week (2024-12-13) -2.65%
1 month (2024-11-20) -4.73%
3 months (2024-09-20) 10.03%
6 months (2024-06-20) 21.81%
1 year (2023-12-20) 48.39%
2 years (2022-12-20) 92.85%
3 years (2021-12-20) 107.89%
5 years (2019-12-20) 100.83%

Is Manulife Financial stock undervalued or overvalued?

Valuing Manulife Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Manulife Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Manulife Financial's P/E ratio

Manulife Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Manulife Financial shares trade at around 15x recent earnings.

Manulife Financial's PEG ratio

Manulife Financial's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9086. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Manulife Financial's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Manulife Financial's EBITDA

Manulife Financial's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$8.4 billion.

The EBITDA is a measure of a Manulife Financial's overall financial performance and is widely used to measure a its profitability.

Manulife Financial financials

Revenue TTM C$30.1 billion
Operating margin TTM 28.41%
Gross profit TTM C$17.7 billion
Return on assets TTM 0.62%
Return on equity TTM 11.86%
Profit margin 18.98%
Book value C$27.05
Market Capitalization C$74.7 billion
EBITDA C$8.4 billion

TTM: trailing 12 months

Manulife Financial's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Manulife Financial.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Manulife Financial's total ESG risk score

Total ESG risk: 16.85

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Manulife Financial's overall score of 16.85 (as at 12/31/2018) is excellent – landing it in it in the 17th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Manulife Financial is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Manulife Financial's environmental score

Environmental score: 0.26/100

Manulife Financial's social score

Social score: 5.54/100

Manulife Financial's governance score

Governance score: 6.57/100

Manulife Financial's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Manulife Financial scored a 1 out of 5 for controversy – the highest score possible, reflecting that Manulife Financial has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Manulife Financial Corp was last rated for ESG on: 2019-01-01.

Total ESG score 16.85
Total ESG percentile 17
Environmental score 0.26
Social score 5.54
Governance score 6.57
Level of controversy 1

Manulife Financial stock dividends

31%

Dividend payout ratio: 31.03% of net profits

Recently Manulife Financial has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Manulife Financial shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Manulife Financial's case, that would currently equate to about C$1.565 per share.

While Manulife Financial's payout ratio might seem fairly standard, it's worth remembering that Manulife Financial may be investing much of the rest of its net profits in future growth.

Manulife Financial's most recent dividend payout was on 18 December 2024. The latest dividend was paid out to all shareholders who bought their stocks by 19 November 2024 (the "ex-dividend date").

Have Manulife Financial's stocks ever split?

Manulife Financial's stocks were split on a 2:1 basis on 22 May 2006 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Manulife Financial stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Manulife Financial stocks, which in turn could have impacted Manulife Financial's stock price.

Manulife Financial stock price volatility

Over the last 12 months, Manulife Financial's stocks have ranged in value from as little as C$27.1856 up to C$46.1344. A popular way to gauge a stock's volatility is its "beta."

MFC.TO volatility(beta: 1.06)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Manulife Financial's is 1.06. This would suggest that Manulife Financial's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Manulife Financial overview

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.

Frequently asked questions

What percentage of Manulife Financial is owned by insiders or institutions?
Currently 0.027% of Manulife Financial stocks are held by insiders and 58.981% by institutions.
How many people work for Manulife Financial?
Latest data suggests 38,000 work at Manulife Financial.
When does the fiscal year end for Manulife Financial?
Manulife Financial's fiscal year ends in December.
Where is Manulife Financial based?
Manulife Financial's address is: 200 Bloor Street East, Toronto, ON, Canada, M4W 1E5
What is Manulife Financial's ISIN number?
Manulife Financial's international securities identification number is: CA56501R1064
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site