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 utilities sector.
The AES Corporation AES
- Dividend Yield: 3.07%
- RBC Capital analyst Shelby Tucker reiterated an Outperform rating with a price target of $32 on March 6, 2023. This analyst has an accuracy rate of 71%.
- UBS analyst Gregg Orrill maintained a Buy rating with a $26 price target on June 7, 2023.
- Recent News: AES disclosed a long-term growth strategy for renewables and US utilities business.
CMS Energy Corporation CMS
- Dividend Yield: 3.19%
- B of A Securities analyst Julien Dumoulin-Smith maintained a Buy rating and cut the price target from $173 to $165 on March 28, 2023. This analyst has an accuracy rate of 69%.
- Wells Fargo analyst Sarah Akers maintained an Overweight rating and slashed the price target from $180 to $174 on March 1, 2023. This analyst has an accuracy rate of 69%.
- Recent News: CMS Energy posted better-than-expected second-quarter earnings.
Exelon Corporation EXC
- Dividend Yield: 3.44%
- Guggenheim analyst Shahriar Pourreza upgraded the stock from Neutral to Buy on July 7, 2023. This analyst has an accuracy rate of 64%.
- JP Morgan analyst Jeremy Tonet maintained an Overweight rating and cut the price target from $50 to $46 on June 7, 2023. This analyst has an accuracy rate of 61%.
- Recent News: Exelon is all set to release its latest quarterly earnings report on Aug. 2, 2023.
Read More: Fear & Greed Index Moves To 'Greed' Zone After S&P 500 Settles Lower
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