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 Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.
Don’t Miss Out:
- This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.
This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing. - Your biggest returns may not come from the stock market. Invest the way colleges, pension funds, and the 1% do. Get started investing in commercial real estate today.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
Verizon Communications Inc. VZ
- Dividend Yield: 6.30%
- Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $52 to $55 on Oct. 1. This analyst has an accuracy rate of 73%.
- Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $47 to $49 on Sept. 25. This analyst has an accuracy rate of 77%.
- Recent News: Verizon, last week, announced new round of grant funding for small businesses.
- Benzinga Pro's real-time newsfeed alerted to latest VZ news.
AT&T Inc. T
- Dividend Yield: 5.19%
- Tigress Financial analyst Ivan Feinseth maintained a Buy rating and increased the price target from $29 to $30 on Sept. 27. This analyst has an accuracy rate of 73%.
- Citigroup analyst Michael Rollins maintained a Buy rating and boosted the price target from $21 to $24 on Sept. 11. This analyst has an accuracy rate of 77%
- Recent News: The company’s board of directors declared a quarterly dividend of $27.75 cents per share on common shares.
- Benzinga Pro's real-time newsfeed alerted to latest T news.
Trending: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.
Cogent Communications Holdings, Inc. CCOI
- Dividend Yield: 4.90%
- B of A Securities analyst David Barden downgraded the stock from Neutral to Underperform rating and cut the price target from $75 to $65 on Aug. 21. This analyst has an accuracy rate of 66%.
- Citigroup analyst Michael Rollins maintained a Buy rating and boosted the price target from $70 to $82 on Aug. 19. This analyst has an accuracy rate of 77%.
- Recent News: On Aug. 8, Cogent Communications reported a loss for the second quarter.
- Benzinga Pro’s charting tool helped identify the trend in CCOI stock.
Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
See Also:
- Interest rates are falling but you can still make high yields in real estate. Find out how.
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. Get started investing in commercial real estate today.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.