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John Hancock Preferred Income Fund (HPI)
NYSE:HPI
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John Hancock Preferred Income Fund
(NYSE:HPI)
62Neutral
John Hancock Preferred Income Fund (HPI) vs. S&P 500 (SPY)
Market Cap
N/A
Dividend Yield8.93%
Average Volume (3M)38.84K
Price to Earnings (P/E)7.2
Beta (1Y)0.83
Revenue Growth124.92%
EPS GrowthN/A
CountryUS
EmployeesN/A
SectorFinancial
Sector Strength82
IndustryAsset Management - Income
Share Statistics
EPS (TTM)2.30
Shares Outstanding26,697,853
10 Day Avg. Volume33,976
30 Day Avg. Volume38,835
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)10.51
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
John Hancock Preferred Income Fund Business Overview & Revenue Model
Company DescriptionJohn Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund was formed on August 27, 2002 and is domiciled in the United States.
How the Company Makes MoneyJohn Hancock Preferred Income Fund (HPI) makes money primarily through the collection of dividends and interest from its investments in preferred securities and other income-generating assets. These earnings are then distributed to shareholders in the form of dividends, after accounting for the fund's expenses and management fees. The fund may also generate capital gains through the sale of securities. John Hancock Investment Management earns management fees based on a percentage of the fund's assets under management, providing a steady income stream as long as the fund maintains or grows its asset base.
John Hancock Preferred Income Fund Financial Statement Overview
Summary
John Hancock Preferred Income Fund exhibits mixed financial performance. While cash flow stability is a strength, revenue and profitability volatility pose challenges. The balance sheet is moderately strong, but attention to equity ratio trends is important for maintaining financial stability.Income Statement
The income statement shows volatility in revenue and profitability. Revenue growth is inconsistent, with substantial fluctuations from negative to positive. The net profit margin shows improvement in the most recent year, but historical performance has been mixed with significant losses in some years.45
Neutral
Balance Sheet
The balance sheet reflects moderate financial health. The debt-to-equity ratio is reasonable, suggesting manageable leverage. However, the equity ratio has been declining, indicating a potential increase in risk. Return on equity has shown improvement but needs consistent positive performance.60
Neutral
Cash Flow
Cash flow has been relatively stable with a positive trend in free cash flow growth. Operating cash flow consistently supports net income, contributing to the company’s ability to fund operations and investments without external financing.70
Positive
| Breakdown | ||||
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 48.14M | -31.03M | -34.92M | 101.85M | -37.95M | Gross Profit |
| 48.14M | -36.28M | -40.78M | 95.98M | -44.03M | EBIT |
| 42.78M | -31.55M | -32.19M | 101.36M | -38.38M | EBITDA |
| 0.00 | -31.55M | -32.19M | 0.00 | -38.38M | Net Income Common Stockholders |
| 61.22M | -31.55M | -35.33M | 101.36M | -38.38M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 389.92K | 232.66K | 334.66K | 215.06K | 810.00K | Total Assets |
| 689.24M | 664.34M | 738.84M | 801.81M | 718.88M | Total Debt |
| 257.10M | 257.10M | 257.10M | 250.50M | 235.50M | Net Debt |
| 256.71M | 256.87M | 256.77M | 250.28M | 235.50M | Total Liabilities |
| 259.19M | 258.56M | 264.46M | 255.07M | 236.21M | Stockholders Equity |
| 430.05M | 405.78M | 474.38M | 546.74M | 482.67M |
| Cash Flow | Free Cash Flow | |||
| 37.11M | 36.94M | 30.55M | 22.86M | 93.71M | Operating Cash Flow |
| 37.11M | 36.94M | 30.55M | 22.86M | 93.71M | Investing Cash Flow |
| 0.00 | 1.73M | -27.52M | -2.52M | 68.93M | Financing Cash Flow |
| -36.95M | -37.05M | -30.43M | -22.64M | -93.83M |
John Hancock Preferred Income Fund Technical Analysis
Negative
16.61
Price Trends
16.94
Negative
16.83
Negative
16.80
Negative
Market Momentum
-0.08
Negative
43.48
Neutral
20.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HPI, the sentiment is Negative. The current price of 16.61 is below the 20-day moving average (MA) of 16.65, below the 50-day MA of 16.94, and below the 200-day MA of 16.80, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 43.48 is Neutral, neither overbought nor oversold. The STOCH value of 20.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HPI.
John Hancock Preferred Income Fund Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $14.40B | 8.61 | 17.26% | 1.99% | 4.03% | 45.42% | |
74 Outperform | $60.69B | 11.54 | 22.64% | 1.87% | 1.21% | 24.08% | |
67 Neutral | $6.12B | 1.95 | 43.24% | 5.01% | 47.95% | ― | |
65 Neutral | $54.70B | 13.51 | 15.41% | 2.71% | 6.10% | 225.22% | |
63 Neutral | $14.35B | 9.94 | 8.94% | 4.37% | 16.34% | -11.76% | |
62 Neutral | 7.23 | 14.65% | 8.93% | 124.92% | ― | ||
61 Neutral | $39.53B | 14.89 | 9.79% | 4.70% | 34.25% | 11.22% |
* Financial Sector Average
Performance Comparison
HPI
John Hancock Preferred Income Fund
16.61
1.52
10.07%
AFL
AFLAC
112.45
29.25
35.16%
LNC
Lincoln National
36.01
6.68
22.78%
MET
Metlife
81.16
10.04
14.12%
PRU
Prudential Financial
111.69
0.45
0.40%
UNM
Unum Group
82.00
29.35
55.75%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.