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Manulife Financial Corporation (MFC)

NYSE - Nasdaq Real Time Price. Currency in USD
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16.88-0.64 (-3.65%)
As of 11:14AM EDT. Market open.
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  • T
    The Joker
    Hong Kong is an important strategic market for MFC. The second half of the year will be interesting to watch. IPOs should start coming out of hibernation, a new Chief Executive for the region, lots of changes. I hope that these will be positive catalysts for the region and benefit MFC. At current price levels, it's worth buying.
  • C
    Crash
    If MFC takes over China JV, the stock could get a bounce. The offer was presented we will see what happens.
  • K
    Kenneth
    just bought 10 shares, yes its small, yes I missed the payday.
    but I'm happy to own it
  • G
    Golden Man
    I thought a dividend was due yesterday-6/20/22
  • r
    rob s
    I just read their Q1 reports. I was over whelmed by the complexity and size of this company. They offer everything from insurance, wealth management, to a bank. A large diversified finance company in Asia, Canada, U.S. (Hancock), and Europe. I suspect the recent $1b raise is to offload hedging strategies to take advantage of rising interest rates (The 7% rates seem quite attractive). This company needs multiple CEO's just to track all of that. Hopefully they have Exec V.P.'s for each line of business to maximize performance. I am impressed by the digital marketing results to drive new business, diversification, the bank, and general profitability trends. The bad news is this has traded in a tight channel for some time, largely a result of sustained low interest rates and the regulation they operate in. They have done fairly well for a company handcuffed by rates and regulation. Think how profitable they can be in a rising rate environment.
  • A
    Alex
    Holding 1008 shares for a long position, my average price is 23.60 though but long term I should be good. Collect divy while I wait for a bounce back
  • S
    Schlauch
    Happy pay day everyone!
  • T
    The Joker
    Any view on why MFC has been underperforming vs Sunlife?
  • L
    Logan
    Extremely jealous of anyone buying at these levels. What a deal
  • J
    Jules Cesar
    excellent, 0.75 now, probably another .75 in July. This should begin to have an effect on MFC, one of the best stock positioned for high inflation in my opinion. The question is : why the stock price is still so low ?
  • D
    DennisK
    rates going up and we are at new 12 month low...yikes
  • A
    Alex
    Amazing it takes a week to make some gains and a day to lose it all… come on Manulife, climb please.
  • r
    rob s
    A.J. Hough (LinkedIn) has a great article/research with statistics on the insurance business over time including the 2008 depression (OK great recession). The markets/investments during difficult times is what impacted them. Stagflation is different than 2008. The volatility in fixed income is very difficult to navigate unless you stay in the products. The bounce back/recovery is strong for insurance. Worth a read.
  • r
    rob s
    Bought in. I don't think the Fed will reduce rates for a long time as they don't want a repeat inflation issue. Asia coming back online means money printing for MFC. This stock really needs to break out of its range given the financial performance. Insurance is legal pyramid scheme, I'm in.
  • S
    Stocky
    Excellent stock to buy and I'm surprised that folks are selling.
  • R
    Rob
    Far East fear
  • J
    Jules Cesar
    This stocks gets it all : huge dividend, low payout ratio, low forward PE, excellent ROE, low debt/equity. Why the * does the share price still the same than 22 years ago ?? Please explain
  • D
    Dennis
    Just opened a position in $MFC; 800 shares. GLTA
  • G
    General Aladeen
    im gonna be so rich when this rockets to $40
  • D
    David
    I thought that Insurance companies keep a large part of premiums invested in fixed income investments. You would think higher rates would be a boon for them all including MFC. The market is acting like MFC is going to be in trouble and cutting is dividend.
    Yes growth will be unlikely, but are earnings that much at risk?