MFC vs. MET, PRU, SLF, PUK, CRBG, AEG, RGA, GL, PRI, and VOYA
Should you be buying Manulife Financial stock or one of its competitors? The main competitors of Manulife Financial include MetLife (MET), Prudential Financial (PRU), Sun Life Financial (SLF), Prudential (PUK), Corebridge Financial (CRBG), Aegon (AEG), Reinsurance Group of America (RGA), Globe Life (GL), Primerica (PRI), and Voya Financial (VOYA). These companies are all part of the "life insurance" industry.
Manulife Financial (NYSE:MFC) and MetLife (NYSE:MET) are both large-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, media sentiment, profitability, earnings, institutional ownership, community ranking, valuation, dividends and risk.
Manulife Financial pays an annual dividend of $1.16 per share and has a dividend yield of 4.5%. MetLife pays an annual dividend of $2.18 per share and has a dividend yield of 3.0%. Manulife Financial pays out 67.4% of its earnings in the form of a dividend. MetLife pays out 74.9% 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. Manulife Financial is clearly the better dividend stock, given its higher yield and lower payout ratio.
Manulife Financial has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500. Comparatively, MetLife has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500.
52.6% of Manulife Financial shares are owned by institutional investors. Comparatively, 89.8% of MetLife shares are owned by institutional investors. 0.0% of Manulife Financial shares are owned by company insiders. Comparatively, 0.3% of MetLife shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
In the previous week, Manulife Financial and Manulife Financial both had 8 articles in the media. Manulife Financial's average media sentiment score of 0.99 beat MetLife's score of 0.47 indicating that Manulife Financial is being referred to more favorably in the media.
Manulife Financial has a net margin of 9.28% compared to MetLife's net margin of 3.50%. MetLife's return on equity of 20.39% beat Manulife Financial's return on equity.
Manulife Financial has higher earnings, but lower revenue than MetLife. Manulife Financial is trading at a lower price-to-earnings ratio than MetLife, indicating that it is currently the more affordable of the two stocks.
MetLife received 469 more outperform votes than Manulife Financial when rated by MarketBeat users. Likewise, 73.53% of users gave MetLife an outperform vote while only 67.96% of users gave Manulife Financial an outperform vote.
Manulife Financial currently has a consensus price target of $33.33, indicating a potential upside of 28.40%. MetLife has a consensus price target of $79.08, indicating a potential upside of 9.27%. Given Manulife Financial's stronger consensus rating and higher possible upside, equities analysts clearly believe Manulife Financial is more favorable than MetLife.
Summary
MetLife beats Manulife Financial on 11 of the 19 factors compared between the two stocks.
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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.
This chart shows the average media sentiment of NYSE 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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