Wall Street's Most Accurate Analysts Say Hold These 3 Energy Stocks With Over 5% Dividend Yields

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 energy sector.

Kinder Morgan, Inc. KMI

  • Dividend Yield: 6.69%
  • Citigroup analyst Spiro Dounis reiterated a Neutral rating with a price target of $19 on June 22, 2023. This analyst has an accuracy rate of 66%.
  • Barclays analyst Theresa Chen maintained an Equal-Weight rating and cut the price target from $21 to $20 on April 18, 2023. This analyst has an accuracy rate of 71%.
  • Recent News: Kinder Morgan reported better-than-expected first-quarter earnings.

Pioneer Natural Resources Company PXD

  • Dividend Yield: 6.46%
  • Raymond James analyst John Freeman maintained a Neutral rating and cut the price target from $271 to $268 on May 3, 2023. This analyst has an accuracy rate of 82%.
  • Wells Fargo analyst Roger Read maintained an Equal-Weight rating and raised the price target from $220 to $227 on April 18, 2023. This analyst has an accuracy rate of 71%.
  • Recent News: Pioneer Natural Resources reported mixed first-quarter financial results.

DT Midstream, Inc. DTM

  • Dividend Yield: 5.49%
  • Citigroup analyst Spiro Dounis upgraded the stock from Sell to Neutral with price target of $54 on Feb. 23, 2023. This analyst has an accuracy rate of 66%.
  • Wells Fargo analyst Michael Blum downgraded the stock from Overweight to Equal-Weight rating and cut the price target from $68 to $62 on Dec. 16, 2022. This analyst has an accuracy rate of 73%.
  • Recent News: DT Midstream posted downbeat earnings for its first quarter.

 

Read More: Top 5 Tech Stocks You'll Regret Missing This Quarter

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: NewsDividendsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading Ideasdividend yieldenergy stocksExpert IdeasWall Street's Most Accurate Analysts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!