Henderson High Income Trust PLC (HHI) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 5.74%
• Average Volume (3M): 229.84K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.98
• Revenue Growth: 27.71%
• EPS Growth: 13.15%
• Country: UK
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management - Income
• EPS (TTM): 0.21
• Shares Outstanding: 169,519,010
• 10 Day Avg. Volume: 216,362
• 30 Day Avg. Volume: 229,836
• PEG Ratio: -0.91
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 11.33
• P/FCF Ratio: 15.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: 212.00p ▲(10.42% Upside)

Henderson High Income Trust PLC demonstrates strong financial stability and positive technical momentum. The attractive valuation and consistent dividend growth enhance its appeal. The absence of earnings call data is offset by positive corporate events, which reinforce the company's robust performance and strategic positioning.

Positive Factors

Revenue Growth

The company has demonstrated strong revenue growth of 27.71%, indicating successful investment strategies and market positioning, which can lead to sustained income generation for shareholders.

Balance Sheet Health

A strong equity position with zero debt enhances financial stability and reduces risk, allowing the company to focus on growth opportunities without the burden of interest payments.

Cash Flow Management

Consistent free cash flow generation highlights effective cash management, providing the company with the flexibility to reinvest in growth opportunities and return capital to shareholders.

Negative Factors

Revenue Volatility

Past revenue volatility, including negative revenue periods, suggests potential instability in income streams, which could impact the trust's ability to consistently distribute dividends.

Investment Activity Fluctuations

Variable investment activities can lead to unpredictable returns and may affect the trust's ability to maintain steady income generation, impacting long-term shareholder value.

Absence of EBIT and EBITDA

The lack of EBIT and EBITDA figures can hinder comprehensive financial analysis, making it difficult to assess operational efficiency and profitability trends over time.

Henderson High Income Trust PLC Business Overview & Revenue Model

Company Description

Henderson High Income Trust plc is a close-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies across all market capitalizations. It seeks to invest in companies that are well managed and have strong balance sheets. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80% FTSE All-Share Index and 20% Merrill Lynch Sterling Non-Gilts Index. Henderson High Income Trust plc was formed on November 1, 1989 and is domiciled in the United Kingdom.

How the Company Makes Money

Henderson High Income Trust PLC generates revenue primarily through dividends received from its equity investments and interest income from fixed-income securities. The trust invests in a mix of high-yield stocks and bonds, which provide regular income payments that contribute to its overall revenue. Additionally, the company may engage in capital appreciation by buying and holding securities that appreciate in value over time. Key revenue streams include income from dividends, interest payments, and potential capital gains when selling investments at a profit. The trust's ability to generate income is further enhanced by its active management approach, which allows it to adjust its portfolio in response to market conditions, thereby optimizing returns. Strategic partnerships with asset managers and financial institutions may also play a role in enhancing its investment opportunities and revenue generation.

Henderson High Income Trust PLC Financial Statement Overview

Summary

Henderson High Income Trust PLC shows financial recovery and stability, with strong equity and cash flow management. Despite past revenue and profit volatility, recent improvements highlight a positive trajectory. Continued focus on maintaining this stability will be crucial for future growth.

Income Statement

The income statement shows fluctuating revenue patterns, with periods of negative revenue in 2020 and 2022, indicating volatility. However, recent growth from 2023 to 2024 reflects a recovery. Net profit margin was strong in 2024, suggesting efficient cost management. The absence of EBIT and EBITDA in the latest year is a concern.

Balance Sheet

The balance sheet displays a healthy equity position with zero debt in the latest period, enhancing stability. The equity ratio indicates a strong equity base, ensuring solvency. However, prior periods showed significant debt levels, which have been reduced effectively.

Cash Flow

Cash flow statements reveal positive operating cash flow with consistent free cash flow generation, indicative of strong cash management. The free cash flow to net income ratio was favorable in 2024, although fluctuations in investing cash flow suggest variable investment activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.31M	24.43M	26.02M	12.39M	16.16M	3.42M
Gross Profit	48.46M	31.98M	26.02M	-7.53M	40.76M	-23.63M
EBITDA	9.96M	29.18M	-1.02M	0.00	38.39M	-25.95M
Net Income	43.68M	25.98M	21.42M	-11.02M	37.59M	-27.00M
Balance Sheet
Total Assets	394.23M	371.61M	274.09M	264.85M	294.97M	262.34M
Cash, Cash Equivalents and Short-Term Investments	4.39M	2.49M	1.99M	-2.87M	3.94M	595.00K
Total Debt	65.66M	67.44M	50.51M	49.00M	57.44M	49.71M
Total Liabilities	67.03M	68.40M	51.75M	50.58M	58.73M	50.97M
Stockholders Equity	327.21M	303.21M	222.34M	214.28M	236.23M	211.37M
Cash Flow
Free Cash Flow	17.58M	17.92M	12.88M	13.26M	11.59M	10.96M
Operating Cash Flow	17.58M	17.92M	12.88M	13.26M	11.59M	10.96M
Investing Cash Flow	10.32M	-46.67M	-357.00K	8.74M	-2.55M	8.56M
Financing Cash Flow	-25.47M	29.74M	-14.28M	-23.78M	-5.67M	-22.40M

Henderson High Income Trust PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 192.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HHI, the sentiment is Positive. The current price of 192 is above the 20-day moving average (MA) of 189.13, above the 50-day MA of 185.22, and above the 200-day MA of 175.69, indicating a bullish trend. The MACD of 1.94 indicates Negative momentum. The RSI at 63.89 is Neutral, neither overbought nor oversold. The STOCH value of 76.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HHI.

Henderson High Income Trust PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HHI	77 Outperform	―	7.54	13.83%	5.74%	27.71%	13.15%
CLIG	76 Outperform	£188.31M	12.56	13.07%	8.15%	1.29%	11.17%
JUP	73 Outperform	£880.81M	15.44	7.11%	2.70%	-4.38%	―
SEIT	72 Outperform	―	8.05	7.13%	12.26%	3.36%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ARBB	59 Neutral	£142.44M	8.78	6.22%	5.68%	1.68%	-46.69%
PMI	54 Neutral	£90.31M	74.36	1.05%	11.43%	-3.99%	-36.07%

Henderson High Income Trust PLC Corporate Events

Henderson High Income Trust Discloses 3i Group Holding Under UK Listing Rules

Henderson High Income Trust PLC, a UK-listed closed-ended investment trust managed by Janus Henderson and focused on income-generating investments, has disclosed details of its holdings in other listed closed-ended funds as required under UK Listing Rule 11.7.8. As at 31 December 2025, the trust reported an investment in 3i Group representing 1.4% of its gross assets, providing investors with transparency on its exposure to another listed investment vehicle and underscoring its compliance with UK regulatory disclosure requirements around cross-holdings in closed-ended funds.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £212.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust Files November 2025 Monthly Factsheet

Henderson High Income Trust PLC, a UK investment trust specialising in income-focused portfolios across equities and bonds, operates under the Janus Henderson umbrella to offer investors exposure to high-yielding assets. The company has released its monthly factsheet for 30 November 2025, which has been submitted to the National Storage Mechanism and will also be made available on its website, providing shareholders and potential investors with updated performance and portfolio information that supports transparency and ongoing monitoring of the trust’s investment strategy.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £212.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust Updates Shareholders on Voting Rights

Henderson High Income Trust PLC announced that as of November 30, 2025, the company’s capital comprises 172,141,700 ordinary shares, with 169,519,008 shares possessing voting rights after accounting for shares held in treasury. This information is crucial for shareholders to determine their voting rights and any necessary disclosures under the FCA’s rules, impacting how stakeholders engage with the company’s governance and decision-making processes.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Releases October 2025 Factsheet

Henderson High Income Trust PLC has released its monthly factsheet for October 2025, which will be available for inspection at the National Storage Mechanism and on the company’s website. This release provides stakeholders with updated information on the trust’s performance and investment strategy, potentially impacting investor decisions and market perception.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Executes Share Buyback

Henderson High Income Trust PLC announced the market purchase of 20,424 of its own ordinary shares at a price of 181.5p per share, as authorized at their Annual General Meeting. This transaction, which results in the shares being held in treasury, affects the company’s voting rights structure, reducing the total number of voting rights to 169,519,008.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Announces 13th Consecutive Dividend Increase

Henderson High Income Trust PLC has announced a fourth interim dividend of 2.775p per ordinary share for the year ending December 31, 2025, to be paid on January 30, 2026. This marks the company’s 13th consecutive annual dividend increase, with a total dividend of 10.90p for the year, representing a 2.8% rise from the previous year. The dividend is expected to be fully covered by earnings, with a surplus added to revenue reserves, highlighting the company’s strong financial performance and commitment to providing consistent returns to its shareholders.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Updates on Voting Rights and Capital Structure

Henderson High Income Trust PLC announced that as of October 31, 2025, its capital comprised 172,141,700 ordinary shares, with 2,602,268 held in Treasury, leaving 169,539,432 shares with voting rights. This information is crucial for shareholders to determine their reporting obligations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Acquires Own Shares to Adjust Voting Rights

Henderson High Income Trust PLC has executed a market purchase of 29,988 of its own ordinary shares at 188.0p each, as authorized in their May 2025 Annual General Meeting. This transaction, which results in these shares being held in treasury, adjusts the company’s total voting rights to 169,539,432, reflecting the exclusion of treasury-held shares from voting.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust Director Increases Stake Through Dividend Reinvestment

Henderson High Income Trust PLC announced a transaction involving Francesca Ecsery, a director of the company, who purchased ordinary shares through the automatic reinvestment of dividends. This transaction, conducted at a price of 187p per share for a total of 102 shares, reflects ongoing investment activities by individuals in managerial positions, potentially signaling confidence in the company’s financial strategies and market positioning.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Executes Share Buyback

Henderson High Income Trust PLC has executed a market purchase of 51,674 of its own shares at a price of 184.9251p per share, following the authority granted at its Annual General Meeting. This transaction, which results in the shares being held in treasury, reduces the total voting rights in the company to 169,569,420, potentially impacting shareholder influence and market perception.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust PLC Buys Back Shares

Henderson High Income Trust PLC announced the purchase of 4,176 of its own shares at 185.0p per share, following the authority granted at its Annual General Meeting. This move, which results in 1.46% of its shares held in treasury, reduces the total number of voting rights, potentially impacting shareholder influence and market perception.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust Releases September 2025 Factsheet

Henderson High Income Trust PLC has released its monthly factsheet for September 2025, which will be available for inspection on the National Storage Mechanism and the company’s website. This release provides stakeholders with updated insights into the company’s financial performance and investment activities, reinforcing its commitment to transparency and informed investment decisions.

The most recent analyst rating on (GB:HHI) stock is a Buy with a £204.00 price target. To see the full list of analyst forecasts on Henderson High Income Trust PLC stock, see the GB:HHI Stock Forecast page.

Henderson High Income Trust: New Research Highlights Strong Performance

The recent research by Kepler Trust Intelligence highlights the successful performance and dividend growth of Henderson High Income Trust PLC over the past decade, attributed to its strategic mix of equities and bonds. This research offers valuable insights for long-term investors, although it is noted that Kepler Partners LLP may have a conflict of interest, as they have a relationship with the company.

Henderson High Income Trust PLC Executes Share Buyback

Henderson High Income Trust PLC announced a market purchase of 47,174 of its own ordinary shares at 182.0p per share, following the authority granted at its Annual General Meeting. This transaction, which will see the shares held in treasury, slightly reduces the total voting rights in the company, potentially impacting shareholder influence and market perception.

Henderson High Income Trust PLC Executes Share Buyback

Henderson High Income Trust PLC has executed a market purchase of 16,526 of its own ordinary shares at a price of 182.2049p per share, as part of the authority granted during its Annual General Meeting. This transaction, which results in the shares being held in treasury, impacts the company’s voting rights structure, reducing the total number of voting rights to 169,672,444. This strategic move could potentially influence the company’s market positioning and shareholder value.