John Hancock Financial Opportunities Fund Stock Forecast, Price & News

John Hancock Financial Opportunities Fund's stock was trading at $21.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BTO stock has increased by 47.2% and is now trading at $32.31.
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1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for John Hancock Financial Opportunities Fund in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" John Hancock Financial Opportunities Fund stock.
View analyst ratings for John Hancock Financial Opportunities Fund or view MarketBeat's top 5 stock picks.

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6,978 employees have rated John Hancock Financial Opportunities Fund CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among John Hancock Financial Opportunities Fund's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

John Hancock Financial Opportunities Fund declared a quarterly dividend on Tuesday, December 1st. Investors of record on Friday, December 11th will be paid a dividend of $0.55 per share on Thursday, December 31st. This represents a $2.20 annualized dividend and a yield of 6.81%. The ex-dividend date is Thursday, December 10th.
View John Hancock Financial Opportunities Fund's dividend history.

John Hancock Financial Opportunities Fund pays an annual dividend of $2.20 per share and currently has a dividend yield of 6.67%. BTO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View John Hancock Financial Opportunities Fund's dividend history.

1 analysts have issued 1-year price objectives for John Hancock Financial Opportunities Fund's shares. Their forecasts range from $11.50 to $11.50. On average, they anticipate John Hancock Financial Opportunities Fund's stock price to reach $11.50 in the next twelve months. This suggests that the stock has a possible downside of 64.4%.
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John Hancock Financial Opportunities Fund saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 63,500 shares, an increase of 41.7% from the December 15th total of 44,800 shares. Based on an average daily trading volume, of 75,500 shares, the days-to-cover ratio is presently 0.8 days.
View John Hancock Financial Opportunities Fund's Short Interest.

Some companies that are related to John Hancock Financial Opportunities Fund include Direxion Daily Financial Bull 3X Shares (FAS), Nuveen Municipal Value Fund (NUV), iShares MSCI Pacific ex Japan ETF (EPP), Adams Diversified Equity Fund (ADX), PIMCO Corporate & Income Opportunity Fund (PTY), Goldman Sachs BDC (GSBD), WisdomTree Emerging Markets High Dividend Fund (DEM), iShares MSCI Australia ETF (EWA), Hercules Capital (HTGC), Royce Value Trust (RVT), Tri-Continental (TY), The Gabelli Equity Trust (GAB), iShares MSCI Hong Kong ETF (EWH), Liberty All-Star Equity Fund (USA) and Tortoise Energy Infrastructure (TYG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other John Hancock Financial Opportunities Fund investors own include International Business Machines (IBM), AT&T (T), Pfizer (PFE), BP (BP), Main Street Capital (MAIN), ONEOK (OKE), Brookfield Infrastructure Partners (BIP), (CGC), Enterprise Products Partners (EPD) and Energy Transfer (ET).

John Hancock Financial Opportunities Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "BTO."

John Hancock Financial Opportunities Fund's stock is owned by many different institutional and retail investors. Top institutional shareholders include Community Bank of Raymore (0.09%) and Community Bank of Raymore (0.06%).
View institutional ownership trends for John Hancock Financial Opportunities Fund.

BTO stock was sold by a variety of institutional investors in the last quarter, including Community Bank of Raymore.
View insider buying and selling activity for John Hancock Financial Opportunities Fund or view top insider-selling stocks.

BTO stock was purchased by a variety of institutional investors in the last quarter, including Community Bank of Raymore.
View insider buying and selling activity for John Hancock Financial Opportunities Fund or or view top insider-buying stocks.

Shares of BTO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BTO stock can currently be purchased for approximately $32.31.

John Hancock Financial Opportunities Fund has a market capitalization of $605.84 million.

The official website for John Hancock Financial Opportunities Fund is www.jhfunds.com.

The financial services provider can be reached via phone at 617-663-2430.