How to Buy Manulife Financial Stock
Manulife Financial Corp
Manulife Financial is a property & casualty insurance company located in Ontario, Canada, which is part of the Financial Services sector, and is traded under the ticker MFC on the NYSE exchange.
Manulife Financial stock last closed at $23.37, down 0.47% from the previous day, and has increased 23.32% in one year. It has underperformed other stocks in the Insurance - Life industry by 0.16 percentage points. Manulife Financial stock is currently +36.91% from its 52-week low of $17.07, and -7.04% from its 52-week high of $25.14.
There are currently 1.81B shares of MFC outstanding. The market cap of MFC is $42.21B. In the past 24 hours, 1.65M MFC shares were traded.
How to Buy Manulife Financial Stock
Not sure how to invest in Manulife Financial stock? Here's how.
- Decide where to buy Manulife Financial stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Manulife Financial stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Research Manulife Financial stock: The Manulife Financial ticker symbol is MFC. Is Manulife Financial stock a good investment? Should you buy shares of MFC? How do MFC's underlying business fundamentals look? Do top analysts think Manulife Financial is a good buy? Why has MFC's stock price moved recently? (Hint: Our stock research website can help you evaluate if MFC is a good stock to buy).
- Place your MFC purchase: Decide if you will purchase MFC shares at the current market price or use a limit order to buy MFC shares at a specific price.
- Get key alerts regarding your investment in MFC: Create a watchlist to key updates about your investment in Manulife Financial shares.
Step 1: Decide where to buy Manulife Financial stock
You will need an online brokerage account in order to access the NYSE market and buy MFC shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you can invest in MFC today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you have created your account on the best stock investing app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing money into your new investment account.
Step 4: Research Manulife Financial stock
Once you have decided on the best place to buy Manulife Financial stock, it's crucial to analyze their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Manulife Financial stock quick numbers
Manulife Financial Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on MFC's stock page.
Is MFC stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MFC's fair value.
Using relative valuations measures:
- MFC may be undervalued based on its P/E ratio of 12.04x, relative to Insurance - Life industry P/E ratio of 16.23x
- MFC may be undervalued based on its P/B ratio of 1.21x, relative to Insurance - Life industry P/B ratio of 1.39x
- MFC could be undervalued based on its PEG ratio of 0.28x
You can do more valuation research on MFC's stock here.
MFC Financial Health
Signs that MFC is financially healthy:
- MFC profit margin has gone up from -9.6% to 14.3% in the past year.
- MFC's operating cash flow of $15.13B allows it to safely service it's debt of $9.44B.
Signs that MFC is not financially healthy:
- MFC earnings of $5.56B is not sufficient to cover its interest payments.
- MFC has a relatively high debt to equity ratio of 17.58.
- Total MFC debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Manulife Financial stock, according to Wall Street analysts?
Out of 1 sell side analysts who give forecasts on MFC, the consensus analyst rating on Manulife Financial is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Manulife Financial stock forecast page.
MFC Momentum
MFC Revenue
Last year, MFC earnings were $3.56B. During the past five year, MFC's earnings have increased by 2.6% per year. This was faster than the Insurance - Life industry average of -2.52%.
Last year, MFC revenue was $24.95B. In the last five year, MFC's revenue has grown by -2.59% per year. This was slower than the Insurance - Life industry average of -1.35%.
Find out more about MFC's earnings and revenue performance here.
Latest Insiders Trades at MFC
In the last 12 months, insiders at MFC have not bought or sold any shares.
Research more about who owns MFC stock here.
Does MFC provide a stable income stream?
Manulife Financial pays a dividend of 5.16%, compared to the Insurance - Life industry's average dividend yield of 2.52%. If you owned $1,000 worth of MFC stock, you would have received $51.62 in the past year.
Manulife Financial dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Manulife Financial dividend yield and history here.
What do other traders have to say about MFC?
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Step 5: Place your MFC purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and eToro will place your order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in MFC
Now that you own some MFC shares, you'll want to stay up-to-date on your new investment.
Put MFC on a watchlist to get notified of the latest news about your MFC stock.
MFC Feed
How to Buy Stock in Manulife Financial
To reiterate, here are the 6 steps for buying Manulife Financial stock:
- Decide where to buy Manulife Financial stock
- Create your brokerage account
- Deposit money your brokerage account
- Research Manulife Financial stock
- Place your MFC purchase
- Get key alerts regarding your investment in MFC
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Manulife Financial, click the button below.
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