These 3 Real Estate Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector.

Global Net Lease, Inc. GNL

  • Dividend Yield: 16.05%
  • B. Riley Securities analyst Bryan Maher maintained a Buy rating and cut the price target from $17 to $15 on May 15, 2023. This analyst has an accuracy rate of 66%.
  • BTIG analyst Michael Gorman maintained a Buy rating and slashed the price target from $23 to $19 on March 14, 2022. This analyst has an accuracy rate of 64%.
  • Recent News: The Necessity Retail REIT reported expiration of "Go-Shop" period for proposed merger with Global Net Lease.

Realty Income Corporation O

  • Dividend Yield: 5.10%
  • Stifel analyst Simon Yarmak maintained a Buy rating and cut the price target from $72.25 to $71 on March 23, 2023. This analyst has an accuracy rate of 62%.
  • Morgan Stanley analyst Ronald Kamdem maintained an Overweight rating and cut the price target from $76 to $74 on Oct. 25, 2022. This analyst has an accuracy rate of 61%.
  • Recent News: Realty Income reported the transition of its Chief Financial Officer and Treasurer roles from Christie Kelly to Jonathan Pong, currently the company's Head of Corporate Finance, effective Jan. 1, 2024.

Extra Space Storage Inc. EXR

  • Dividend Yield: 4.38%
  • B of A Securities analyst Jeffrey Spector reinstated a Buy rating with a price target of $189 on May 8, 2023. This analyst has an accuracy rate of 66%.
  • Keybanc analyst Todd Thomas maintained an Overweight rating and cut the price target from $190 to $172 on April 5, 2023. This analyst has an accuracy rate of 63%.
  • Recent News: Extra Space Storage posted downbeat first-quarter property rental revenue.

Read More: Top 5 Risk Off Stocks That Could Lead To Your Biggest Gains in June

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