JHPI 📈 John Hancock Preferred - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US47804J7761 • Preferred Stock

JHPI: Utilities, Communication, Preferred Stocks, Securities, Depository Shares, Hybrids

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Additional Sources for JHPI ETF

JHPI ETF Overview

Market Cap in USD 44m
Category Preferred Stock
TER 0.54%
IPO / Inception 2021-12-14

JHPI ETF Ratings

Growth 5y 33.2%
Fundamental -
Dividend 58.2%
Rel. Strength Industry -63.4
Analysts -
Fair Price Momentum 22.16 USD
Fair Price DCF -

JHPI Dividends

Dividend Yield 12m 5.17%
Yield on Cost 5y 5.57%
Annual Growth 5y 182.51%
Payout Consistency 75.0%

JHPI Growth Ratios

Growth Correlation 3m -27.6%
Growth Correlation 12m 95.9%
Growth Correlation 5y 51%
CAGR 5y 2.49%
CAGR/Mean DD 5y 0.48
Sharpe Ratio 12m 1.29
Alpha -1.85
Beta 0.33
Volatility 5.58%
Current Volume 3.8k
Average Volume 20d 8.3k
What is the price of JHPI stocks?
As of December 27, 2024, the stock is trading at USD 22.74 with a total of 3,800 shares traded.
Over the past week, the price has changed by -0.24%, over one month by -1.05%, over three months by -1.34% and over the past year by +10.28%.
Is John Hancock Preferred a good stock to buy?
Neither. Based on ValueRay Analyses, John Hancock Preferred is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 33.16 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of JHPI as of December 2024 is 22.16. This means that JHPI is currently overvalued and has a potential downside of -2.55%.
Is JHPI a buy, sell or hold?
John Hancock Preferred has no consensus analysts rating.
What are the forecast for JHPI stock price target?
According to ValueRays Forecast Model, JHPI John Hancock Preferred will be worth about 24.1 in December 2025. The stock is currently trading at 22.74. This means that the stock has a potential upside of +6.11%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 24.1 6.1%