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 consumer discretionary sector.
Kohls Corp KSS
- Dividend Yield: 8.47%
- Baird analyst Mark Altschwager maintained an Outperform rating and cut the price target from $35 to $30 on May 25, 2023. This analyst has an accuracy rate of 65%.
- Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $19 to $20 on May 25, 2023. This analyst has an accuracy rate of 66%.
- Recent News: Kohl's reported a second-quarter FY23 revenue decline of 4.8% year-on-year to $3.90 billion, beating the analyst consensus of $3.69 billion.
Cracker Barrel Old Country Store, Inc. CBRL
- Dividend Yield: 7.72%
- Citigroup analyst Jon Tower maintained a Sell rating and cut the price target from $77 to $66 on Sept. 14, 2023. This analyst has an accuracy rate of 71%.
- Truist Securities analyst Jake Bartlett maintained a Hold rating and cut the price target from $85 to $79 on Sept. 14, 2023. This analyst has an accuracy rate of 75%.
- Recent News: Cracker Barrel Old Country Store reported fourth-quarter FY23 revenue growth of 0.8% year-on-year to $836.7 million, missing the analyst consensus of $842.61 million.
MDC Holdings Inc MDC
- Dividend Yield: 5.11%
- JP Morgan analyst Michael Rehaut maintained an Underweight rating and cut the price target from $41.5 to $39.5 on Nov. 2, 2023. This analyst has an accuracy rate of 73%.
- Seaport Global analyst Kenneth Zener upgraded the stock from Neutral to Buy with a price target of $49 on Nov. 2, 2023. This analyst has an accuracy rate of 74%.
- Recent News: M.D.C. Holdings posted better-than-expected third-quarter earnings.
Read More: Apple, Coinbase Global, Fortinet And Other Big Stocks Moving Lower In Friday's Pre-Market Session
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