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John Hancock Preferred Income Fund NYSE:HPI Stock Report

Last Price

US$16.53

Market Cap

US$439.0m

7D

1.9%

1Y

7.3%

Updated

25 Mar, 2024

Data

Company Financials

John Hancock Preferred Income Fund

NYSE:HPI Stock Report

Market Cap: US$439.0m

HPI Stock Overview

John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Investment Management LLC.

HPI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends3/6

John Hancock Preferred Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for John Hancock Preferred Income Fund
Historical stock prices
Current Share PriceUS$16.53
52 Week HighUS$16.83
52 Week LowUS$12.85
Beta0.94
1 Month Change1.66%
3 Month Change6.51%
1 Year Change7.34%
3 Year Change-18.09%
5 Year Change-27.05%
Change since IPO-33.88%

Recent News & Updates

HPI: Take Some Of Your Profits Today

Feb 13

HPI: Too Many Risks To Justify The Price

Nov 20

HPI: Some Good Things, But High Leverage Is A Real Concern Right Now

Sep 08

HPI: 9.9% Yielding Preferred Fund

Jun 30

Recent updates

HPI: Take Some Of Your Profits Today

Feb 13

HPI: Too Many Risks To Justify The Price

Nov 20

HPI: Some Good Things, But High Leverage Is A Real Concern Right Now

Sep 08

HPI: 9.9% Yielding Preferred Fund

Jun 30

HPI: Long-Term Amortizing NAV And Distributions Suggest Caution Warranted

Jan 27

John Hancock Preferred Income Fund declares $0.1235 dividend

Dec 21

HPI: Solid Income CEF But Should Decline In The Face Of Rising Interest Rates

Nov 16

John Hancock Preferred Income Fund declares $0.1235 dividend

Nov 03

John Hancock Preferred Income Fund declares $0.1235 dividend

Oct 03

John Hancock Preferred Income Fund declares $0.1235 dividend

Sep 01

John Hancock Preferred Income Fund declares $0.1235 dividend

Aug 02

John Hancock Preferred Income Fund declares $0.1235 dividend

Jul 05

HPI: Solid Income Vehicle But High Price

Sep 06

John Hancock Preferred Income Fund declares $0.1235 dividend

May 07

John Hancock Preferred Income Fund declares $0.1235 dividend

Feb 01

John Hancock Preferred Income Fund declares $0.1235 dividend

Dec 21

Shareholder Returns

HPIUS Capital MarketsUS Market
7D1.9%2.4%2.1%
1Y7.3%34.5%30.4%

Return vs Industry: HPI underperformed the US Capital Markets industry which returned 34.5% over the past year.

Return vs Market: HPI underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is HPI's price volatile compared to industry and market?
HPI volatility
HPI Average Weekly Movement1.7%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: HPI has not had significant price volatility in the past 3 months.

Volatility Over Time: HPI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/an/ahttps://www.jhinvestments.com/Fund/Overview.aspx?ProductType=ClosedEnd&FundID=34000&BackToFundTableType=Price&ClassCode=CE

John 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.

John Hancock Preferred Income Fund Fundamentals Summary

How do John Hancock Preferred Income Fund's earnings and revenue compare to its market cap?
HPI fundamental statistics
Market capUS$438.99m
Earnings (TTM)-US$31.55m
Revenue (TTM)US$46.95m

9.3x

P/S Ratio

-13.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HPI income statement (TTM)
RevenueUS$46.95m
Cost of RevenueUS$0
Gross ProfitUS$46.95m
Other ExpensesUS$78.50m
Earnings-US$31.55m

Last Reported Earnings

Jul 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.20
Gross Margin100.00%
Net Profit Margin-67.20%
Debt/Equity Ratio63.4%

How did HPI perform over the long term?

See historical performance and comparison

Dividends

9.0%

Current Dividend Yield

-125%

Payout Ratio
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