During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.
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Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
Atlantica Sustainable Infrastructure plc AY
Dividend Yield: 8.07%
Seaport Global analyst Angie Storozynski downgraded the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 74%. BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 66%.
Recent News: On May 28, the company announced it entered into a definitive agreement to be acquired by Energy Capital Partners.
Benzinga Pro’s real-time newsfeed alerted to latest AY news
UGI Corporation UGI
Dividend Yield: 6.16%
Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 66%. Mizuho analyst Gabriel Moreen maintained a Neutral rating and raised the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 74%.
Recent News: UGI is scheduled to announce the results of its third fiscal quarter earnings after the closing bell on Aug. 7.
Benzinga Pro’s charting tool helped identify the trend in UGI’s stock.
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Avista Corporation AVA
Dividend Yield: 5.17%
Mizuho analyst Anthony Crowdell upgraded the stock from Underperform to Neutral and raised the price target from $32 to $36 on May 3. This analyst has an accuracy rate of 63%. Guggenheim analyst Shahriar Pourreza upgraded the stock from Sell to Neutral with a price target of $34 on Jan. 22. This analyst has an accuracy rate of 61%.
Recent News: Avista is expected to hold its quarterly conference call and webcast to discuss second-quarter results on Wednesday, Aug. 7.
Benzinga Pro’s signals feature notified of a potential breakout in AVA’s shares.
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Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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