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    M

    Manulife Financial Corp (MFC)

    Official site

    FINANCIAL SERVICES • INSURANCE - LIFE • NYSE

    $43.83
    +0.73 (+1.69%)

    Market Cap: $71.60B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    74%(29/39)
    Avg Surprise
    +3.06%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.19
    Range$1.15 - $1.24
    12 analysts
    EPS Revisions
    1
    0
    7d
    8
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$1.17+1.5%
    60d ago$1.19-0.4%
    30d ago$1.19-0.4%
    7d ago$1.19-0.4%
    Current$1.19
    Revenue Consensus
    $0
    Range$0 - $0
    0 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.14
    Range$1.05 - $1.21
    14 analysts
    Revenue Consensus
    $51.8B
    Range$44.1B - $59.4B
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.14---
    Sep 26EST
    		-$1.19---
    Jun 26
    Reported Aug 5
    		$0.79$0.78+1.28%Beat-16.8%
    Mar 26
    Reported May 13
    		$1.06$1.09-2.75%Miss+324.0%
    Dec 25
    Reported Feb 11
    		$1.12$1.06+5.66%Beat+8.7%
    Sep 25
    Reported Nov 12
    		$1.16$1.04+11.54%Beat+61.1%
    Jun 25
    Reported Aug 6
    		$0.95$0.97-2.06%Miss+4.4%
    Mar 25
    Reported May 7
    		$0.25$0.48-47.92%Miss-73.4%
    Dec 24
    Reported Feb 19
    		$1.03$0.95+8.88%Beat+12.0%
    Sep 24
    Reported Nov 6
    		$0.72$0.67+7.46%Beat-21.7%
    Jun 24
    Reported Aug 7
    		$0.91$0.88+3.41%Beat+9.6%
    Mar 24
    Reported May 8
    		$0.94$0.91+3.30%Beat+19.0%
    Dec 23
    Reported Feb 14
    		$0.92$0.85+8.24%Beat+4.5%
    Sep 23
    Reported Nov 8
    		$0.92$0.81+13.58%Beat+37.3%
    Jun 23
    Reported Aug 9
    		$0.83$0.77+7.79%Beat+6.4%
    Mar 23
    Reported May 10
    		$0.79$0.80-1.25%Miss+2.6%
    Dec 22
    Reported Feb 15
    		$0.88$0.81+8.64%Beat+4.8%
    Sep 22
    Reported Nov 9
    		$0.67$0.71-5.63%Miss-11.8%
    Jun 22
    Reported Aug 10
    		$0.78$0.76+2.63%Beat-6.0%
    Mar 22
    Reported May 11
    		$0.77$0.82-6.10%Miss-6.1%
    Dec 21
    Reported Feb 9
    		$0.84$0.82+2.44%Beat+13.5%
    Sep 21
    Reported Nov 3
    		$0.76$0.79-3.80%Miss+4.1%
    Jun 21
    Reported Aug 4
    		$0.83$0.78+6.41%Beat+6.4%
    Mar 21
    Reported May 5
    		$0.82$0.77+6.49%Beat+60.8%
    Dec 20
    Reported Feb 10
    		$0.74$0.72+2.78%Beat+1.4%
    Sep 20
    Reported Nov 11
    		$0.73$0.70+4.29%Beat-3.9%
    Jun 20
    Reported Aug 5
    		$0.78$0.61+27.87%Beat+8.3%
    Mar 20
    Reported May 6
    		$0.51$0.59-13.56%Miss-32.9%
    Dec 19
    Reported Feb 12
    		$0.73$0.75-2.67%Miss+12.3%
    Sep 19
    Reported Nov 6
    		$0.76$0.73+4.11%Beat+1.3%
    Jun 19
    Reported Aug 7
    		$0.72$0.71+1.41%Beat+2.9%
    Mar 19
    Reported May 1
    		$0.76$0.70+8.57%Beat+18.8%
    Dec 18
    Reported Feb 13
    		$0.65$0.66-1.52%Miss+10.2%
    Sep 18
    Reported Nov 7
    		$0.75$0.67+11.94%Beat+41.5%
    Jun 18
    Reported Aug 8
    		$0.70$0.65+7.69%Beat+22.8%
    Mar 18
    Reported May 2
    		$0.64$0.62+3.23%Beat+20.8%
    Dec 17
    Reported Feb 7
    		$0.59$0.59+0.00%Beat-6.3%
    Sep 17
    Reported Nov 8
    		$0.53$0.50+6.00%Beat-
    Jun 17
    Reported Aug 9
    		$0.57$0.54+5.56%Beat-
    Mar 17
    Reported May 3
    		$0.53$0.52+1.92%Beat-
    Dec 16
    Reported Feb 9
    		$0.63$0.51+23.53%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.21%
    Forward Annual Dividend$1.41
    Payout Ratio47.49%
    Pay MonthsFeb, Jun, Sep, Nov

    Growth

    3Y CAGR+7.10%
    5Y CAGR+8.38%
    MFC dividend history and ex-dividend datesRun MFC in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio14.77EV/EBITDA9.51x
    Price/FCF3.32xFCF Yield30.14%
    Profitability
    Profit Margin20.30%Operating Margin28.20%
    ROE13.30%ROIC12.67%
    Financial Health
    Debt/Equity0.27xInterest Coverage6.32x
    Current Ratio2.36xQuick Ratio2.36x
    Trading Statistics
    Beta0.74Avg Volume1.39M
    52-Week High$44.9552-Week Low$30.41

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$42.81
    SMA 20$43.21
    SMA 50$43.33
    SMA 200$39.15
    EMA 10$43.05
    EMA 20$43.10
    EMA 50$42.97
    EMA 200$39.59

    MACD

    Line: -0.09Signal: -0.15Hist: 0.07

    ADX

    ADX: 15.0+DI: 29.7-DI: 27.3

    Aroon & PSAR

    Aroon Up32.0
    Aroon Down80.0
    PSAR$41.37

    Bollinger Bands

    Upper Band$44.71
    Lower Band$41.71
    %B Position694%(Upper)
    Band Width0.71

    RSI (14-Day)

    Neutral
    56.8

    Momentum Oscillators

    Stoch %K79.3
    Stoch %D64.6
    Williams %R-1.0
    ROC (10d)3.0%
    Momentum1.28
    CCI (20d)39.9
    MFI (14d)44.3

    Volatility Measures

    ATR (14d)$0.72(1.6%)
    StdDev (20d)0.75
    Hist Vol18.1%(Low)

    Volume Flow

    VWAP$43.55
    OBV-12.4M
    AD Line-1.3B
    CMF (20d)0.083

    Volume Metrics

    Avg Vol (20d)1.3M
    Vol Ratio0.9x
    VWMA (20d)$43.17

    Pivot Points

    R3$43.74
    R2$43.45
    R1$43.27
    Pivot Point$42.98
    S1$42.80
    S2$42.51
    S3$42.34

    Advanced Oscillators

    TSI-3.63
    Ultimate Osc60.3
    KST-14.17

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$19.71B$12.31B$8.60B$17.31B$41.13B$9.04B$4.22B$14.57B$18.48B$35.18B$-22,080,000,000$19.95B
    Cost of Revenue$15.30BN/A$2.06B$13.46B$37.37B$6.76B$357.00M$-12,282,000,000$15.44B$32.40B$-27,427,000,000$17.32B
    Gross Profit$4.41B$12.31B$6.54B$3.85B$3.76B$2.28B$3.86B$26.85B$3.04B$2.78B$5.35B$2.63B
    Operating Expenses$1.64B$10.84B$4.63B$1.62B$1.50B$1.58B$1.75B$24.51B$1.65B$1.53B$3.22B$1.46B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$1.25B$1.00B$1.33B$1.23B$1.14B$1.20B$1.33B$1.20B$1.23B$1.10B$1.18B$1.04B
    Operating Income$2.77B$1.47B$1.91B$2.23B$2.26B$699.00M$2.11B$2.34B$1.38B$1.25B$2.12B$1.17B
    Interest Income$4.71B$4.55B$5.30B$4.66B$4.71B$4.41B$4.86B$4.36B$4.14B$4.12B$4.43B$4.16B
    Interest Expense$388.00M$390.01M$405.00M$388.00M$359.75M$376.82M$419.72M$410.33M$425.71M$424.74M$390.03M$414.69M
    Income Before Tax$2.77B$1.47B$1.91B$2.23B$2.26B$699.00M$2.11B$2.34B$1.38B$1.25B$2.12B$1.17B
    Income Tax Expense$454.00M$230.59M$310.00M$310.00M$338.00M$76.00M$406.00M$274.00M$252.00M$280.00M$322.00M$-51,000,000
    Net Income$2.18B$1.20B$1.56B$1.79B$1.87B$557.00M$1.69B$1.94B$1.09B$917.00M$1.76B$1.20B
    EBITDA$2.56B$2.11B$2.54B$2.13B$2.21B$650.00M$2.34B$2.31B$1.39B$1.23B$2.07B$1.25B
    EBIT$3.16B$1.86B$2.31B$2.62B$2.62B$1.08B$2.53B$2.75B$1.81B$1.68B$2.51B$1.59B
    * Some calculated fields are derived from available data when not provided by source

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    News

    Triasima Portfolio Management inc. Buys 188,218 Shares of Manulife Financial Corp $MFC

    Triasima Portfolio Management inc. significantly increased its stake in Manulife Financial Corp (NYSE:MFC) during the third quarter, purchasing an additional 188,218 shares to bring its total holding to 373,076 shares...

    MarketBeat•10/16/26•Bullish

    Manulife (TSX:MFC) Adds an AI Helper: What Do Advisors Get?

    Manulife (TSX:MFC) has launched an AI-powered assistant for its advisors, designed to provide instant answers to underwriting questions for life and critical illness insurance. This tool...

    Kalkine Media•10/15/26•Bullish

    Manulife Financial Corporation (MFC) Stock Forecasts

    Manulife Financial Corporation (MFC) is a major Canadian life insurer offering life insurance, annuities, asset management, and wealth management across Canada, the U.S....

    Yahoo! Finance Canada•10/15/26•Somewhat-Bullish

    Manulife Financial Corporation (MFC) Stock Forecasts

    Argus has raised its target price for Manulife Financial Corporation (MFC) to $48.00. Manulife, one of Canada's "Big Three" life insurers, offers life insurance, annuities, and asset management in Canada, the U.S....

    Yahoo! Finance Canada•10/14/26•Bullish

    Manulife Financial Corp. stock outperforms market despite losses on the day

    Manulife Financial Corp. (MFC) stock declined by 0.16% to C$61.46 on Wednesday, while still outperforming the broader Canadian market as the S&P/TSX Composite Index fell 1.11%. The stock closed 3.3% below its 52-week...

    MarketWatch•10/14/26•Neutral

    MFC Valuation and Fair Value

    P/E
    14.8x
    Forward P/E
    12.2x
    EV/EBITDA
    9.5x
    P/FCF
    3.3x
    PEG
    0.9x
    P/B
    2.0x
    See GNG's fair value

    MFC Profitability: Margins, ROIC and FCF

    Gross margin
    47.0%
    Operating margin
    28.2%
    Net margin
    20.3%
    ROIC
    12.7%
    ROE
    13.3%
    FCF margin
    74.2%
    FCF yield
    30.1%

    MFC Competitors

    CompanyTicker
    Nu Holdings LtdNU
    Brookfield Asset Management Ltd.BAM
    Barclays PLC ADRBCS
    Natwest Group PLCNWG
    The Travelers Companies IncTRV
    Apollo Global Management LLC Class AAPO
    Lloyds Banking Group PLC ADRLYG
    MetLife IncMET

    Sector: Financial Services

    MFC Analyst Ratings

    Consensus
    Buy
    Analysts
    15
    Strong Buy
    4
    Buy
    6
    Hold
    3
    Sell
    0
    Strong Sell
    2

    MFC Bull Case vs Bear Case

    Bull case

    • MFC converts 74.2% of revenue into free cash flow.
    • MFC has a 20.3% net profit margin.
    • MFC grew quarterly revenue 10.7% year over year.

    MFC Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    -2.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.19
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    8 up, 0 down

    MFC Dividend

    Forward yield
    3.2%
    Payout ratio
    47.5%
    3Y DPS growth
    7.1%
    5Y DPS growth
    8.4%
    Pay months
    Feb, Jun, Sep, Nov
    MFC dividend history

    Frequently Asked Questions About MFC

    What is MFC's current dividend yield?

    Manulife Financial Corp (MFC) has a forward dividend yield of 3.21%.

    Does MFC pay dividends?

    Yes, Manulife Financial Corp pays dividends with a forward dividend yield of 3.21%.

    What is MFC's P/E ratio?

    Manulife Financial Corp has a price-to-earnings (P/E) ratio of 14.77.

    What is MFC's market cap?

    Manulife Financial Corp (MFC) has a market capitalization of $71.60B with a current stock price of $43.83.

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