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Manulife Financial (MFC) Competitors

C$35.59
+0.21 (+0.59%)
(As of 06/7/2024 ET)

MFC vs. GWO, POW, ELF, SFC, RY, TD, BN, BMO, BNS, and CM

Should you be buying Manulife Financial stock or one of its competitors? The main competitors of Manulife Financial include Great-West Lifeco (GWO), Power Co. of Canada (POW), E-L Financial (ELF), Sagicor Financial (SFC), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Brookfield (BN), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "financial services" sector.

Manulife Financial vs.

Manulife Financial (TSE:MFC) and Great-West Lifeco (TSE:GWO) are both large-cap financial services companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, earnings, media sentiment, valuation, institutional ownership, dividends, community ranking, analyst recommendations and profitability.

In the previous week, Manulife Financial had 3 more articles in the media than Great-West Lifeco. MarketBeat recorded 6 mentions for Manulife Financial and 3 mentions for Great-West Lifeco. Great-West Lifeco's average media sentiment score of 0.78 beat Manulife Financial's score of 0.58 indicating that Great-West Lifeco is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Manulife Financial
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Great-West Lifeco
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Manulife Financial has a net margin of 18.29% compared to Great-West Lifeco's net margin of 10.05%. Great-West Lifeco's return on equity of 11.74% beat Manulife Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Manulife Financial18.29% 10.48% 0.54%
Great-West Lifeco 10.05%11.74%0.68%

Manulife Financial pays an annual dividend of C$1.60 per share and has a dividend yield of 4.5%. Great-West Lifeco pays an annual dividend of C$2.22 per share and has a dividend yield of 5.6%. Manulife Financial pays out 70.2% of its earnings in the form of a dividend. Great-West Lifeco pays out 63.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Great-West Lifeco is clearly the better dividend stock, given its higher yield and lower payout ratio.

59.3% of Manulife Financial shares are owned by institutional investors. Comparatively, 11.5% of Great-West Lifeco shares are owned by institutional investors. 0.0% of Manulife Financial shares are owned by insiders. Comparatively, 70.6% of Great-West Lifeco shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Manulife Financial received 297 more outperform votes than Great-West Lifeco when rated by MarketBeat users. Likewise, 66.71% of users gave Manulife Financial an outperform vote while only 38.89% of users gave Great-West Lifeco an outperform vote.

CompanyUnderperformOutperform
Manulife FinancialOutperform Votes
563
66.71%
Underperform Votes
281
33.29%
Great-West LifecoOutperform Votes
266
38.89%
Underperform Votes
418
61.11%

Manulife Financial has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, Great-West Lifeco has a beta of 0.87, meaning that its share price is 13% less volatile than the S&P 500.

Manulife Financial presently has a consensus price target of C$37.30, suggesting a potential upside of 4.80%. Great-West Lifeco has a consensus price target of C$44.00, suggesting a potential upside of 10.22%. Given Great-West Lifeco's higher possible upside, analysts clearly believe Great-West Lifeco is more favorable than Manulife Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Manulife Financial
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Great-West Lifeco
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14

Manulife Financial has higher earnings, but lower revenue than Great-West Lifeco. Great-West Lifeco is trading at a lower price-to-earnings ratio than Manulife Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Manulife FinancialC$27.47B2.33C$4.26BC$2.2815.61
Great-West LifecoC$32.17B1.16C$3.28BC$3.5111.37

Summary

Manulife Financial beats Great-West Lifeco on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MFC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MFC vs. The Competition

MetricManulife FinancialInsurance IndustryFinancial SectorTSE Exchange
Market CapC$64.06BC$15.82BC$3.11BC$5.36B
Dividend Yield4.38%5.22%4.63%5.58%
P/E Ratio15.61105.52450.6023.36
Price / Sales2.3327.402,007.612,143.06
Price / Cash1.701.6349.7779.28
Price / Book1.391.171.443.46
Net IncomeC$4.26BC$2.08BC$339.22MC$285.54M
7 Day Performance0.54%-0.35%0.55%-0.93%
1 Month Performance1.14%-1.30%0.84%-0.90%
1 Year Performance38.37%1.57%11.42%26.09%

Manulife Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GWO
Great-West Lifeco
1.7326 of 5 stars
C$41.05
+0.4%
C$44.00
+7.2%
+4.2%C$38.29BC$32.17B11.7033,500News Coverage
High Trading Volume
POW
Power Co. of Canada
2.2581 of 5 stars
C$39.51
-0.2%
C$43.00
+8.8%
+14.7%C$23.51BC$33.70B9.642
ELF
E-L Financial
0 of 5 stars
C$1,149.79
0.0%
N/A+26.2%C$3.98BC$3.07B3.662,018
SFC
Sagicor Financial
0 of 5 stars
C$6.60
flat
N/AN/AC$929.94MC$1.76B1.255,180
RY
Royal Bank of Canada
1.4958 of 5 stars
C$148.08
-0.6%
C$143.38
-3.2%
+18.7%C$208.79BC$53.51B13.8390,166Analyst Forecast
Insider Selling
News Coverage
TD
Toronto-Dominion Bank
2.5206 of 5 stars
C$75.42
-1.0%
C$88.32
+17.1%
-3.2%C$132.74BC$51.50B12.83103,179Analyst Forecast
BN
Brookfield
0.3729 of 5 stars
C$59.57
+0.4%
C$44.00
-26.1%
+35.4%C$92.33BC$97.86B74.46240,000Positive News
BMO
Bank of Montreal
3.3304 of 5 stars
C$121.28
-0.2%
C$132.78
+9.5%
-0.3%C$87.98BC$31.18B16.6455,767
BNS
Bank of Nova Scotia
0.9632 of 5 stars
C$64.38
-0.2%
C$67.74
+5.2%
-2.6%C$79.19BC$29.52B10.6289,249Analyst Forecast
CM
Canadian Imperial Bank of Commerce
1.2453 of 5 stars
C$68.11
+0.8%
C$69.09
+1.4%
+17.5%C$63.84BC$21.32B10.4548,047Analyst Forecast

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This page (TSE:MFC) was last updated on 6/9/2024 by MarketBeat.com Staff

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