Manulife Financial (MFC) Stock Forecast & Price Target

C$43.16 -1.98 (-4.39%)

As of 04:00 PM Eastern

Manulife Financial - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 7 Analyst Ratings

Sell
0

Hold
2

Buy
5

Based on 7 Wall Street analysts who have issued ratings for Manulife Financial in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for MFC.

Consensus Price Target

C$45.60
5.65% Upside

According to the 7 analysts' twelve-month price targets for Manulife Financial, the average price target is C$45.60. The highest price target for MFC is C$51.00, while the lowest price target for MFC is C$37.00. The average price target represents a forecasted upside of 5.65% from the current price of C$43.16.

Get the Latest News and Ratings for MFC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Manulife Financial and its competitors.

MFC Analyst Ratings Over Time

Type	Current Forecast 2/22/24 to 2/21/25	1 Month Ago 1/23/24 to 1/22/25	3 Months Ago 11/24/23 to 11/23/24	1 Year Ago 2/22/23 to 2/22/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$45.60	C$44.09	C$43.45	C$35.80
Forecasted Upside	5.65% Upside	0.69% Upside	-4.22% Downside	9.41% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

MFC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MFC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Manulife Financial Stock vs. The Competition

Type	Manulife Financial	Financial Services Companies
Consensus Rating Score	2.86	2.67
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News See Recent MFC News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/21/2025	CIBC 3 of 5 stars		Boost Target		C$47.00 ➝ C$48.00	+10.45%
2/20/2025	TD Securities 4 of 5 stars		Boost Target	Buy	C$48.00 ➝ C$49.00	+7.31%
1/30/2025	Jefferies Financial Group 2 of 5 stars		Boost Target		C$50.00 ➝ C$51.00	+15.41%
1/6/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$40.00 ➝ C$47.00	+5.67%
11/21/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$47.00 ➝ C$48.00	+4.92%
11/8/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$48.00 ➝ C$49.00	+11.14%
11/7/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$45.00 ➝ C$47.00	+4.35%
8/9/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$38.00 ➝ C$39.00	+13.34%
8/8/2024	Dbs Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Shih Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/10/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$40.00 ➝ C$41.00	+15.20%
Get the Latest News and Ratings for MFC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Manulife Financial and its competitors with MarketBeat's FREE daily newsletter.
5/10/2024	Evercore Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$36.00 ➝ C$37.00	+3.96%
5/8/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Dechaine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform Market Weight ➝ Outperform Market Weight
2/16/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	C$29.00 ➝ C$36.00	+8.27%
2/16/2024	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reduce

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:05 PM ET.

Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, February 16, 2025. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com.

Manulife Financial
Bull Case

Here are some ways that investors could benefit from investing in Manulife Financial Co.:

Strong Earnings Performance: Manulife Financial Co. recently reported earnings per share of C$1.00, surpassing analysts' expectations of C$0.95, indicating robust financial health and effective management.
High Current Ratio: With a current ratio of 36.68, the company demonstrates excellent liquidity, suggesting it can easily cover its short-term liabilities, which is a positive sign for investors.
Attractive Dividend Yield: The company offers a quarterly dividend of $0.40, translating to an annualized dividend yield of 3.72%. This can provide a steady income stream for investors.
Market Capitalization: Manulife Financial Co. has a substantial market capitalization of C$75.51 billion, reflecting its stability and presence in the financial services sector, which can be appealing to long-term investors.
Recent Stock Performance: The stock price is currently around C$46.07, close to its 1-year high of C$46.42, indicating strong market confidence and potential for further appreciation.

Manulife Financial
Bear Case

Investors should be bearish about investing in Manulife Financial Co. for these reasons:

High Debt-to-Equity Ratio: The company has a debt-to-equity ratio of 49.60, which may indicate higher financial risk, as it relies significantly on debt to finance its operations.
Insider Selling Activity: Recent insider transactions show that directors have sold a total of 77,771 shares valued at over C$3.5 million in the last ninety days, which could signal a lack of confidence in the company's future performance.
Market Volatility: With a beta of 1.06, the stock is slightly more volatile than the market, which could lead to larger price swings and increased risk for investors.
Potential for Slower Growth: Analysts project earnings per share of approximately 3.61 for the current year, which may suggest limited growth potential compared to previous periods.
High Dividend Payout Ratio: The company's dividend payout ratio is currently 68.09%, which may limit its ability to reinvest profits back into the business for growth initiatives.

MFC Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Manulife Financial is C$45.60, with a high forecast of C$51.00 and a low forecast of C$37.00.
: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MFC shares.
: According to analysts, Manulife Financial's stock has a predicted upside of 5.65% based on their 12-month stock forecasts.
: Manulife Financial has been rated by research analysts at Barclays, CIBC, Jefferies Financial Group, and TD Securities in the past 90 days.
: Analysts like Manulife Financial more than other "financial services" companies. The consensus rating score for Manulife Financial is 2.86 while the average consensus rating score for "financial services" companies is 2.67. Learn more on how MFC compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (TSE:MFC) was last updated on 2/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Manulife Financial (MFC) Stock Forecast & Price Target