Manulife Financial Corporation (MFC): Today's Featured Insurance Laggard

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Manulife Financial Corporation ( MFC) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 1.3%. By the end of trading, Manulife Financial Corporation fell $0.37 (-2.0%) to $18.34 on average volume. Throughout the day, 2,871,979 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 2,194,300 shares. The stock ranged in price between $18.27-$18.60 after having opened the day at $18.60 as compared to the previous trading day's close of $18.71. Other companies within the Insurance industry that declined today were: eHealth ( EHTH), down 5.4%, Crawford & Company ( CRD.B), down 4.6%, State Auto Financial Corporation ( STFC), down 4.6% and MGIC Investment Corporation ( MTG), down 4.3%.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. Manulife Financial Corporation has a market cap of $34.2 billion and is part of the financial sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Manulife Financial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Life Partners Holdings ( LPHI), up 3.1%, Atlas Financial Holdings ( AFH), up 2.9%, Phoenix Companies ( PNX), up 2.6% and National Security Group ( NSEC), up 2.3%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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