John Hancock Preferred Income Fund (HPI) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 9.19%
• Average Volume (3M): 50.66K
• Price to Earnings (P/E): 8.4
• Beta (1Y): 0.69
• Revenue Growth: N/A
• EPS Growth: 6013.33%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 85
• Industry: Asset Management - Income
• EPS (TTM): 1.93
• Shares Outstanding: 26,697,853
• 10 Day Avg. Volume: 39,101
• 30 Day Avg. Volume: 50,664
• PEG Ratio: -0.51
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.48
• 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

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 (HPI) is a closed-end management investment company that primarily invests in preferred stocks and other income-producing securities. The fund seeks to provide a high level of current income, consistent with preservation of capital, by focusing on sectors such as utilities, financials, and energy. Managed by John Hancock Investment Management, HPI leverages a team of experienced portfolio managers and analysts to select securities that offer attractive income and potential for capital appreciation.

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 with a score of 70, revenue and profitability volatility result in a lower income statement score of 45. The balance sheet, with a score of 60, reflects moderate financial health but requires attention to declining equity ratio trends.

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
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
46.65M	48.14M	-31.03M	-34.92M	101.85M	-37.95M
	Gross Profit
43.92M	48.14M	-36.28M	-40.78M	95.98M	-44.03M
	EBIT
52.51M	42.78M	-31.55M	-32.19M	101.36M	-38.38M
	EBITDA
66.57M	0.00	-31.55M	-32.19M	0.00	-38.38M
	Net Income Common Stockholders
51.41M	61.22M	-31.55M	-35.33M	101.36M	-38.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.64M	389.92K	232.66K	334.66K	215.06K	810.00K
	Total Assets
696.40M	689.24M	664.34M	738.84M	801.81M	718.88M
	Total Debt
257.10M	257.10M	257.10M	257.10M	250.50M	235.50M
	Net Debt
257.10M	256.71M	256.87M	256.77M	250.28M	235.50M
	Total Liabilities
260.95M	259.19M	258.56M	264.46M	255.07M	236.21M
	Stockholders Equity
435.45M	430.05M	405.78M	474.38M	546.74M	482.67M
Cash Flow		Free Cash Flow
37.17M	37.11M	36.94M	30.55M	22.86M	93.71M
	Operating Cash Flow
37.17M	37.11M	36.94M	30.55M	22.86M	93.71M
	Investing Cash Flow
638.15K	0.00	1.73M	-27.52M	-2.52M	68.93M
	Financing Cash Flow
-37.23M	-36.95M	-37.05M	-30.43M	-22.64M	-93.83M

John Hancock Preferred Income Fund Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.13
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HPI, the sentiment is Positive. The current price of 16.13 is above the 20-day moving average (MA) of 15.68, above the 50-day MA of 15.91, and below the 200-day MA of 16.52, indicating a neutral trend. The MACD of 0.09 indicates Negative momentum. The RSI at 61.44 is Neutral, neither overbought nor oversold. The STOCH value of 63.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
MFIC	69 Neutral		10.40	8.64%	11.89%	37.04%	16.88%
CNS	67 Neutral	$4.22B	27.11	35.42%	2.92%	10.26%	19.56%
GHI	64 Neutral	$271.64M	25.31	3.32%	12.86%	-15.60%	-75.87%
Sector *	64 Neutral	$12.75B	9.93	7.86%	17015.07%	12.19%	-5.92%
HPI	55 Neutral		8.38	12.00%	9.19%	―	6013.33%