John Hancock Preferred Income Fund (HPI) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 9.37%
• Average Volume (3M): 50.04K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.71
• Revenue Growth: N/A
• EPS Growth: 6013.33%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 83
• Industry: Asset Management - Income
• EPS (TTM): 1.93
• Shares Outstanding: 26,697,853
• 10 Day Avg. Volume: 44,133
• 30 Day Avg. Volume: 50,041
• PEG Ratio: 0.00137
• Price to Book (P/B): N/A
• Price to Sales (P/S): 10.51
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 13.97
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score of 55 reflects the mixed financial performance of John Hancock Preferred Income Fund. The main strengths are its stable cash flow and attractive valuation, as evidenced by a low P/E ratio and high dividend yield. However, significant risks stem from the volatility in revenue and profitability, as well as bearish technical indicators.

John Hancock Preferred Income Fund Business Overview & Revenue Model

Company Description

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. 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 Money

John Hancock Preferred Income Fund generates revenue primarily through the dividends and interest income received from its investments in preferred stocks and other income-oriented securities. The fund's income is distributed to its shareholders in the form of regular dividends. Additionally, the fund may realize capital gains from the sale of securities in its portfolio, which can contribute to its earnings. The fund's performance and income generation are influenced by factors such as interest rate changes, credit market conditions, and the overall economic environment. John Hancock Investment Management earns management fees based on the fund's assets under management, which is a key revenue stream for the investment management company.

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.

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.

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.

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

• Technical Analysis Sentiment: Neutral
• Last Price: 15.81
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HPI, the sentiment is Neutral. The current price of 15.81 is above the 20-day moving average (MA) of 15.57, below the 50-day MA of 16.27, and below the 200-day MA of 16.65, indicating a neutral trend. The MACD of -0.23 indicates Negative momentum. The RSI at 51.41 is Neutral, neither overbought nor oversold. The STOCH value of 87.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HPI.

John Hancock Preferred Income Fund Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GHI	73 Outperform	$262.76M	14.65	5.12%	13.05%	-26.83%	-62.54%
MFIC	69 Neutral		8.73	8.20%	12.62%	37.04%	16.88%
CNS	64 Neutral	$3.88B	25.17	35.42%	3.14%	10.76%	19.56%
Sector *	63 Neutral	$12.32B	9.52	7.89%	79.24%	12.74%	-4.55%
HPI	55 Neutral		8.21	12.00%	9.37%	―	6013.33%