About Manulife Financial Corporation (MFC)
Manulife Financial Corporation is a Insurance - Life company operating in the Financial Services sector. The company is headquartered in Toronto, Canada. MFC has been publicly traded since 1999, giving it 27+ years of trading history.
Manulife Financial Corporation (MFC) has been publicly traded since 1999, making it a 27-year-old public company. It operates in the Insurance - Life industry within the Financial Services sector. The company is headquartered in Toronto, Canada and employs approximately 37,000 people. With a market capitalization of C$77 billion, MFC is a large established company.
MFC trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$77 billion. The company employs approximately 37,000 people worldwide.
Key Statistics
- Current Price
- C$45.90
- Market Cap
- C$76.94B
- 52-Week High
- C$52.97
- 52-Week Low
- C$36.93
- Sector
- Financial Services
- Industry
- Insurance - Life
MFC Investment Performance
MFC has declined 7.0% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in MFC would have grown to C$2,160, representing a 116.0% total return. Since its IPO in 1999, a C$1,000 investment would now be worth C$12,457.
C$1,000 Invested in Manulife Financial Corporation (MFC)
How much would C$1,000 invested in MFC be worth today?
What would C$1,000 invested in MFC 1 year ago be worth today?
A C$1,000 investment in Manulife Financial Corporation (MFC) in 2025 would be worth C$1,064 as of March 2026, representing a +6.5% total return.
What would C$1,000 invested in MFC 3 years ago be worth today?
A C$1,000 investment in Manulife Financial Corporation (MFC) in 2023 would be worth C$2,121 as of March 2026, representing a +112.1% total return.
What would C$1,000 invested in MFC 5 years ago be worth today?
A C$1,000 investment in Manulife Financial Corporation (MFC) in 2021 would be worth C$2,160 as of March 2026, representing a +116.0% total return.
What would C$1,000 invested in MFC 10 years ago be worth today?
A C$1,000 investment in Manulife Financial Corporation (MFC) in 2016 would be worth C$3,915 as of March 2026, representing a +291.5% total return.
What would C$1,000 invested in MFC at IPO be worth today?
A C$1,000 investment in Manulife Financial Corporation (MFC) at IPO would be worth C$12,457 as of March 2026, representing a +1145.7% total return.
Monthly Returns Heatmap
Over the past 26+ years (318 months), Manulife Financial Corporation (MFC) has averaged a monthly return of +1.11% with a median return of +1.00%. The stock had 179 positive months (56%) and 138 negative months (43%). The best month in MFC's history was April 2009 with a +43.1% return, while the worst was October 2008 at -37.0%. Historically, November tends to be the strongest month (averaging +5.9%), and August the weakest (-1.2%).
MFC's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2000 with a cumulative return of +103.1%, and the worst was 2008 at -52.8%.
Annual Returns
Over 27 years of trading history, Manulife Financial Corporation (MFC) has delivered an average annual return of +14.63% with a median return of +11.57%. The compound annual growth rate (CAGR) is +9.56%. The stock posted gains in 17 years (63%) and losses in 10 years (37%).
MFC's best year was 2000 with a +155.15% gain, while the worst was 2008 at -47.13%. The longest streak of consecutive positive years was 5, and the longest losing streak was 4 years. MFC achieved double-digit gains (10%+) in 14 years. It suffered double-digit losses in 5 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -6.99% | C$49.35 | C$45.90 |
| 2025 | +17.45% | C$42.02 | C$49.35 |
| 2024 | +57.53% | C$26.67 | C$42.02 |
| 2023 | +28.33% | C$20.78 | C$26.67 |
| 2022 | +5.83% | C$19.64 | C$20.78 |
| 2021 | +11.57% | C$17.60 | C$19.64 |
| 2020 | -9.19% | C$19.38 | C$17.60 |
| 2019 | +41.99% | C$13.65 | C$19.38 |
| 2018 | -23.25% | C$17.79 | C$13.65 |
| 2017 | +13.30% | C$15.70 | C$17.79 |
| 2016 | +19.94% | C$13.09 | C$15.70 |
| 2015 | -3.66% | C$13.59 | C$13.09 |
| 2014 | +8.67% | C$12.50 | C$13.59 |
| 2013 | +60.01% | C$7.81 | C$12.50 |
| 2012 | +30.03% | C$6.01 | C$7.81 |
| 2011 | -34.48% | C$9.17 | C$6.01 |
| 2010 | -8.35% | C$10.01 | C$9.17 |
| 2009 | -2.86% | C$10.30 | C$10.01 |
| 2008 | -47.13% | C$19.48 | C$10.30 |
| 2007 | +5.41% | C$18.48 | C$19.48 |
| 2006 | +17.59% | C$15.72 | C$18.48 |
| 2005 | +25.60% | C$12.52 | C$15.72 |
| 2004 | +34.82% | C$9.28 | C$12.52 |
| 2003 | +24.15% | C$7.48 | C$9.28 |
| 2002 | -16.07% | C$8.91 | C$7.48 |
| 2001 | -10.38% | C$9.94 | C$8.91 |
| 2000 | +155.15% | C$3.90 | C$9.94 |
MFC Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Manulife Financial Corporation as an investment
Valuation
MFC currently trades at a trailing P/E ratio of 15.0, which is considered low relative to the broader market. The forward P/E of 9.3 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.6. The price-to-sales ratio is 2.5.
Dividends
Manulife Financial Corporation pays a dividend to shareholders with a current yield of 3.93%. This translates to C$1.81 per share annually. The payout ratio of 57% indicates sustainable dividend coverage.
Risk & Volatility
MFC has a beta of 0.74, indicating it is less volatile than the overall market. The stock's 52-week range is C$36.93 to C$52.97, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 15 analyst opinions, MFC has a consensus "buy" rating. The average price target of C$54.71 suggests 19.2% upside from current levels.
Frequently Asked Questions: MFC
What sector is MFC in? ▼
MFC operates in the Financial Services sector, specifically in the Insurance - Life industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has MFC performed historically? ▼
Over 27 years of trading history, MFC has posted gains in 17 years (63% of the time). The best year was 2000 with a +155.2% return. Past performance does not guarantee future results.
How can I invest in MFC? ▼
You can invest in MFC through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold MFC.
Does MFC pay dividends? ▼
Manulife Financial Corporation pays a dividend to shareholders with a current yield of 3.93%. This translates to C$1.81 per share annually. The payout ratio of 57% indicates sustainable dividend coverage.
What does Manulife Financial Corporation do? ▼
Manulife Financial Corporation is a Insurance - Life company operating in the Financial Services sector. The company is headquartered in Toronto, Canada.
What sector is MFC in? ▼
MFC operates in the Financial Services sector, specifically in the Insurance - Life industry.
When did MFC go public? ▼
Manulife Financial Corporation went public in 1999, making it a 27-year-old public company as of 2026.
How much would C$1,000 invested in MFC 5 years ago be worth today? ▼
A C$1,000 investment in MFC five years ago would be worth approximately C$2,160 today, representing a 116.0% return.
How much would C$1,000 invested in MFC 10 years ago be worth today? ▼
A C$1,000 investment in MFC ten years ago would be worth approximately C$3,915 today, representing a 291.5% total return over the decade.
What is MFC's 3-year return? ▼
Over the past 3 years, MFC has returned 112.1%. A C$1,000 investment would have grown to C$2,121.
How much would C$1,000 invested in MFC at IPO be worth today? ▼
If you invested C$1,000 in MFC at its IPO in 1999, it would be worth approximately C$12,457 today, a 1,145.7% return over 27 years.
Does MFC pay dividends? ▼
Yes, Manulife Financial Corporation pays a dividend with a current yield of 3.93%, which is C$1.81 per share annually.
What is MFC's market cap? ▼
Manulife Financial Corporation has a market capitalization of C$77 billion, classifying it as a large-cap company.
What is MFC's P/E ratio? ▼
MFC has a trailing P/E ratio of 15.0 and a forward P/E of 9.3, which measures how much investors are paying per dollar of earnings.
Is MFC a buy, hold, or sell? ▼
Based on 15 opinions, MFC has a consensus "buy" rating. The average price target is C$54.71.
Last updated: 3/15/2026