BackJohn Hancock Preferred Income Fund III Overview
John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III Return on Equity

John Hancock Preferred Income Fund III (HPS) has a ROE of 16.72%, above the sector sector average of -4.47%.

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ROE

16.72%

Return on Equity

16.72%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

Average ROE (Comparison Companies)

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ROE History

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ROE Comparison

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John Hancock Preferred Income Fund III (HPS) FAQ

John Hancock Preferred Income Fund III posts a ROE of 16.72%. That is above the sector sector average of -4.47%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For its sector stocks, a ROE near -4.47% is typical. John Hancock Preferred Income Fund III's 16.72% is higher that level. That is roughly 474.3% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

John Hancock Preferred Income Fund III's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 16.72%; use YoY and peer views to separate noise from signal.

Context for HPS's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average -4.47%), and (3) consistency with growth and profitability. This page covers the first two; John Hancock Preferred Income Fund III's other metric pages and overview cover the third.