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MFCManulife Financial CorporationHold6.0·$44.78
HoldModerate Confidence
Investment thesis

Manulife Financial offers an attractive fundamental profile — a wide economic moat, a perfect Piotroski F-Score of 9 out of 9, a PEG of 0.78, and strong growth — but the stock has moved past its price target, three of the last four quarters have missed earnings estimates, and the risk/reward geometry has turned unfavorable at current levels.

Thesis pillars

  • Wide Moat Franchise Quality→Stable
  • Discounted Growth Valuation→Stable
  • Price Above Target No Upside→Stable
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026· older than 90 days

Full reasoning →

Open full analysis

Manulife Financial Corporation (MFC) Stock Analysis

Breakout setup

HoldGrowthModerate Confidence

Financial Services · Insurance - Life

Earnings today — results expected after close (2026-11-04). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $44.78, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.0% away).

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other... Read more

$44.78-33.7% A.UpsideScore 6.0/10#7 of 16 Insurance - Life
QualityF-score9 / 9FCF yield2.09%
IncomeYield3.04%(5y avg 4.32%)Payout50.14%sustainable
Stop $43.22Analyst target $29.67(reached)A.R:R -4.3:1
Analyst consensus$34.90-22.1%1 analysts with price targets
Range unavailable (1 analysts with price targets)

Hold if already holding. Not a fresh buy at $44.78, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.0% away). Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated Oct 28, 2026

Recent Developments — Manulife Financial Corporation

Latest item Oct 28, 2026 · Generated 2026-11-04T11:39:50Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Nov 4, 2026Earnings today — results expected after close· next earnings call

Thesis

Rewards
Sector modifier (Financial Services): +1.0
Attractive valuation
Wide economic moat
Risks
Analyst target reached - limited upside remaining
Near 52-week high (2.0% away)

Key Metrics

P/E (TTM)16.8
P/E (Fwd)12.6
Mkt Cap$74.1B
EV/EBITDA6.5
Profit Mgn20.3%
ROE13.3%
Rev Growth10.7%
Beta0.75
Dividend3.04%
Analysts with ratings19

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C1.11bearish
IV42%normal

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -4.3=NEGATIVEEARNINGS PROXIMITY 0d<=7dMomentum 6.6>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
63 · Neutral
↑ 20D MA↑ 50D MA↑ 200D MAGOLDEN CROSSSupport $41.28Resistance $45.68

Price Targets

A.Upside-33.7%
A.R:R-4.3:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! Earnings today - binary event risk
! Target reached (-33.7% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-04 (Earnings today — results expected after close)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MFC stock a buy right now?

Hold if already holding. Not a fresh buy at $44.78, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.0% away). Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Maintain position. Not compelling to add more. Analyst target $29.67 reached (−33.7%), stop $43.22 (−3.6%), A.R:R -4.3:1. Score 6.0/10, moderate confidence.

What is the MFC stock price target?

Analyst target $29.67 reached (−33.7% from $44.78); no take-profit level is published. Analyst target $29.67 reached (−33.7%), stop $43.22 (−3.6%), A.R:R -4.3:1. Stop-loss: $43.22.

What are the risks of investing in MFC?

Analyst target reached - limited upside remaining; Near 52-week high (2.0% away).

Is MFC overvalued or undervalued?

Manulife Financial Corporation trades at a P/E of 16.8 (forward 12.6). TrendMatrix value score: 8.1/10. Verdict: Hold.

What do analysts say about MFC?

19 analysts rate MFC, with a consensus score of 3.7/5. 1 analysts publish price targets averaging $35.

What does Manulife Financial Corporation do?Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United...

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It 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 the insurance agency, broker dealer, investment counseling, portfolio and mutual fund management, property and casualty insurance, and fund and investment management businesses. In addition, it provides integrated banking products and services, as well as offers asset management services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

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