Symbols / HPS Stock $14.62 +0.14% John Hancock Preferred Income Fund III

Financial Services • Asset Management • United States • NYQ
HPS (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Asset Management
CEO
Exch · Country NYQ · United States
Market Cap 470.31M
Enterprise Value
Income 37.74M
Sales 51.25M
FCF (ttm) 20.40M
Book/sh 14.37
Cash/sh
Employees
Insider 10d
IPO Jun 17, 2003
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 112.82%
P/E 12.50
Forward P/E
PEG
P/S 9.18
P/B 1.02
P/C
EV/EBITDA
EV/Sales
Quick Ratio 1.48
Current Ratio 2.82
Debt/Eq 59.36
LT Debt/Eq
EPS (ttm) 1.17
EPS next Y
EPS Growth -5.10%
Revenue Growth 1.10%
EPS Gr Q/Q -4.80%
Rev Gr Q/Q
Earnings (next)
Earnings (prior)
ROA 3.82%
ROE 8.14%
ROIC
Gross Margin 100.00%
Oper. Margin 88.50%
Profit Margin 73.63%
Shs Outstand 32.17M
Shs Float
Insider Own 0.04%
Instit Own 13.21%
Short Float
Short Ratio 1.81
Short Interest 183.78K
52W High 15.68
vs 52W High -6.76%
52W Low 13.80
vs 52W Low 5.94%
Beta 0.70
Impl. Vol.
Rel Volume 0.56
Avg Volume 60.43K
Volume 33.70K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $14.60
Price $14.62
Change 0.14%
About

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. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other 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 III was formed on June 19, 2003 and is domiciled in the United States.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$14.62
Low
High
Mean
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-01-26 PHELAN KENNETH J. Director 682 $14.65 $10,001
2025-04-08 WRIGHT THOMAS ROWE Director 794 $13.79 $10,947
2025-01-14 BACIC WILLIAM K Trustee 706 $14.25 $10,060
2024-12-23 ELLISON-SOUTHALL NONI L Trustee 740 $15.26 $11,292
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Total Revenue
66.10
+318.81%
-30.21
+9.87%
-33.52
-130.53%
109.76
Operating Revenue
66.10
+318.81%
-30.21
+9.87%
-33.52
-130.53%
109.76
Operating Expense
0.56
+3.89%
0.54
+20.30%
0.45
-11.56%
0.51
Selling General And Administration
0.40
-11.45%
0.45
+9.51%
0.41
-24.42%
0.55
General And Administrative Expense
0.40
-11.45%
0.45
+9.51%
0.41
-24.42%
0.55
Other Operating Expenses
0.16
+84.95%
0.09
+151.06%
0.03
+183.26%
-0.04
Net Income
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Pretax Income
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Net Interest Income
4.43
-21.03%
5.61
-46.48%
10.49
+40.79%
7.45
Interest Expense
16.92
+23.13%
13.75
+310.09%
3.35
+53.67%
2.18
Interest Income
21.36
+10.33%
19.36
+39.87%
13.84
+43.71%
9.63
Gain On Sale Of Security
-19.45
+48.55%
-37.81
-475.20%
10.08
+149.10%
4.05
Tax Rate For Calcs
0.00
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Net Income From Continuing Operation Net Minority Interest
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Net Income From Continuing And Discontinued Operation
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Net Income Continuous Operations
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Normalized Income
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Net Income Common Stockholders
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Diluted EPS
2.05
+311.34%
-0.97
+8.49%
-1.06
Basic EPS
2.05
+311.34%
-0.97
+8.49%
-1.06
Basic Average Shares
31.97
+0.86%
31.70
-1.08%
32.04
Diluted Average Shares
31.97
+0.86%
31.70
-1.08%
32.04
+0.88%
31.76
Diluted NI Availto Com Stockholders
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Line Item Trend 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Total Assets
736.96
+3.07%
715.03
-9.40%
789.22
-7.43%
852.54
Cash And Cash Equivalents
0.36
0.26
+150.67%
0.10
Cash Financial
0.36
0.26
+150.67%
0.10
Receivables
12.00
-3.82%
12.48
+74.99%
7.13
-35.58%
11.07
Investments And Advances
724.57
+3.27%
701.64
-10.12%
780.61
-7.09%
840.14
Total Liabilities Net Minority Interest
276.53
-0.98%
279.27
-1.02%
282.15
+4.18%
270.83
Payables
2.09
-56.83%
4.84
-37.04%
7.69
+66.78%
4.61
Accounts Payable
2.08
+50.00%
1.38
-81.73%
7.57
+70.90%
4.43
Other Payable
0.01
-99.60%
3.46
+2900.46%
0.12
-35.54%
0.18
Long Term Debt And Capital Lease Obligation
274.30
+0.00%
274.30
+0.00%
274.30
+3.12%
266.00
Stockholders Equity
460.44
+5.66%
435.75
-14.06%
507.07
-12.83%
581.71
Common Stock Equity
460.44
+5.66%
435.75
-14.06%
507.07
-12.83%
581.71
Capital Stock
567.87
-1.17%
574.61
-0.98%
580.31
-0.34%
582.30
Common Stock
567.87
-1.17%
574.61
-0.98%
580.31
-0.34%
582.30
Share Issued
32.00
+0.29%
31.90
+0.33%
31.80
+0.23%
31.73
Ordinary Shares Number
32.00
+0.29%
31.90
+0.33%
31.80
+0.23%
31.73
Retained Earnings
-107.44
+22.63%
-138.86
-89.61%
-73.23
-12284.76%
-0.59
Total Equity Gross Minority Interest
460.44
+5.66%
435.75
-14.06%
507.07
-12.83%
581.71
Total Capitalization
734.74
+3.48%
710.05
-9.13%
781.37
-7.83%
847.71
Invested Capital
734.74
+3.48%
710.05
-9.13%
781.37
-7.83%
847.71
Total Debt
274.30
+0.00%
274.30
+0.00%
274.30
+3.12%
266.00
Net Debt
273.94
-0.13%
274.30
+0.09%
274.04
+3.06%
265.90
Net Tangible Assets
460.44
+5.66%
435.75
-14.06%
507.07
-12.83%
581.71
Tangible Book Value
460.44
+5.66%
435.75
-14.06%
507.07
-12.83%
581.71
Available For Sale Securities
721.81
+25232.23%
2.85
Cash Cash Equivalents And Federal Funds Sold
0.36
1.42
+12.23%
1.26
Financial Assets Designatedas Fair Value Through Profitor Loss Total
2.76
-99.61%
698.79
-10.48%
780.61
-7.09%
840.14
Investmentin Financial Assets
724.57
+3.27%
701.64
-10.12%
780.61
-7.09%
840.14
Line Item Trend 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Operating Cash Flow
44.64
+21.01%
36.89
+13.42%
32.53
+19.17%
27.29
Net Income From Continuing Operations
65.54
+313.15%
-30.75
+9.47%
-33.96
-131.09%
109.26
Other Non Cash Items
0.78
-60.77%
1.99
+118.20%
0.91
+92.94%
0.47
Gain Loss On Investment Securities
-23.71
-130.83%
76.90
+32.13%
58.20
+171.63%
-81.26
Change In Working Capital
2.03
+117.93%
-11.34
-262.86%
6.96
+466.17%
-1.90
Change In Receivables
0.48
+108.93%
-5.35
-235.79%
3.94
+160.13%
-6.55
Change In Payable
0.67
+110.74%
-6.27
-303.76%
3.08
-29.31%
4.36
Change In Other Current Assets
0.88
+181.06%
0.31
+6739.03%
0.00
-97.59%
0.19
Change In Other Current Liabilities
0.01
+121.72%
-0.03
+47.72%
-0.06
-156.56%
0.10
Financing Cash Flow
-44.28
-19.20%
-37.15
-14.75%
-32.37
-18.58%
-27.30
Net Issuance Payments Of Debt
8.30
-40.71%
14.00
Issuance Of Debt
8.30
-40.71%
14.00
Long Term Debt Issuance
8.30
-40.71%
14.00
Net Long Term Debt Issuance
8.30
-40.71%
14.00
Common Stock Dividend Paid
-40.85
-0.69%
-40.57
+0.25%
-40.67
+1.52%
-41.30
Cash Dividends Paid
-40.85
-0.69%
-40.57
+0.25%
-40.67
+1.52%
-41.30
Net Other Financing Charges
-3.43
-200.00%
3.43
0.00
0.00
Changes In Cash
0.36
+240.76%
-0.26
-266.37%
0.15
+2933.95%
-0.01
Beginning Cash Position
0.00
-100.00%
0.26
+150.67%
0.10
-5.05%
0.11
End Cash Position
0.36
0.00
-100.00%
0.26
+150.67%
0.10
Free Cash Flow
44.64
+21.01%
36.89
+13.42%
32.53
+19.17%
27.29
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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