Is Rite Aid Corp stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Rite Aid Corp pays dividends. Last time was Monday 25th of October 1999 where the investors holding the stock on Thursday 14th of October 1999 were paid $0.115 per share. Over the last 62 times between 1985 and 1999, Rite Aid Corp has paid $10.0683 with an average of $0.16 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Rite Aid Corp 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $8.22, you would have made a loss of $-7.97 per share or -96.98%
Yes, the average daily trading liquidity for Rite Aid Corp is $7.67 million. You should therefore be able to get in and out of your positions relatively fast.
Rite Aid Corp has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. 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 Rite Aid Corp to be high [0.9 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.