Is First Trust Preferred stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, First Trust Preferred pays dividends. Last time was Thursday 31st of October 2024 where the investors holding the stock on Tuesday 22nd of October 2024 were paid $0.0722 per share. Over the last 137 times between 2013 and 2024, First Trust Preferred has paid $11.2045 with an average of $0.08 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for First Trust Preferred 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $19.87, you would have made a loss of $-1.980 per share or -9.96%
Yes, the average daily trading liquidity for First Trust Preferred is $1.18 million. You should therefore be able to get in and out of your positions relatively fast.
First Trust Preferred has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for First Trust Preferred to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.