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John Hancock Preferred Income Fund III NYSE:HPS Stock Report

Last Price

US$15.24

Market Cap

US$488.4m

7D

1.7%

1Y

8.9%

Updated

25 Mar, 2024

Data

Company Financials

John Hancock Preferred Income Fund III

NYSE:HPS Stock Report

Market Cap: US$488.4m

HPS Stock Overview

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

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

John Hancock Preferred Income Fund III Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for John Hancock Preferred Income Fund III
Historical stock prices
Current Share PriceUS$15.24
52 Week HighUS$15.40
52 Week LowUS$11.79
Beta0.88
1 Month Change1.33%
3 Month Change8.55%
1 Year Change8.90%
3 Year Change-14.14%
5 Year Change-19.28%
Change since IPO-39.28%

Recent News & Updates

HPS: Take Profits And Cut Exposure To Potential Near-Term Losses

Jan 09

HPS: Good Income Fund, But Premium Valuation A Turn-Off

Aug 25

John Hancock Preferred Income Fund III  declares $0.11 dividend

Jan 04

John Hancock Preferred Income Fund III  goes ex-dividend tomorrow

Dec 08

John Hancock Preferred Income Fund III  declares $0.11 dividend

Nov 03

Recent updates

HPS: Take Profits And Cut Exposure To Potential Near-Term Losses

Jan 09

HPS: Good Income Fund, But Premium Valuation A Turn-Off

Aug 25

John Hancock Preferred Income Fund III  declares $0.11 dividend

Jan 04

John Hancock Preferred Income Fund III  goes ex-dividend tomorrow

Dec 08

John Hancock Preferred Income Fund III  declares $0.11 dividend

Nov 03

John Hancock Preferred Income Fund III  declares $0.11 dividend

Oct 03

John Hancock Preferred Income Fund III  declares $0.11 dividend

Sep 01

John Hancock Preferred Income Fund III  declares $0.11 dividend

Aug 02

John Hancock Preferred Income Fund III  declares $0.11 dividend

Jul 05

HPS: A Solid Income Fund But Overpriced

Oct 08

John Hancock Preferred Income Fund III declares $0.11 dividend

May 07

John Hancock Preferred Income Fund III declares $0.11 dividend

Feb 01

John Hancock Preferred Income Fund III declares $0.11 dividend

Jan 04

John Hancock Preferred Income Fund III declares $0.11 dividend

Dec 01

Shareholder Returns

HPSUS Capital MarketsUS Market
7D1.7%2.4%2.1%
1Y8.9%34.5%30.4%

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

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

Price Volatility

Is HPS's price volatile compared to industry and market?
HPS volatility
HPS Average Weekly Movement1.6%
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: HPS has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
2003n/an/ahttps://www.jhinvestments.com/Fund/Overview.aspx?ProductType=ClosedEnd&FundID=34300&ClassCode=CE&BackToFundTableType=Price

John Hancock Preferred Income Fund III is a closed ended fixed income 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 fixed income markets of the United States.

John Hancock Preferred Income Fund III Fundamentals Summary

How do John Hancock Preferred Income Fund III's earnings and revenue compare to its market cap?
HPS fundamental statistics
Market capUS$488.44m
Earnings (TTM)-US$30.75m
Revenue (TTM)US$50.51m

9.6x

P/S Ratio

-15.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HPS income statement (TTM)
RevenueUS$50.51m
Cost of RevenueUS$0
Gross ProfitUS$50.51m
Other ExpensesUS$81.25m
Earnings-US$30.75m

Last Reported Earnings

Jul 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.96
Gross Margin100.00%
Net Profit Margin-60.88%
Debt/Equity Ratio62.9%

How did HPS perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

-137%

Payout Ratio
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