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.
Hawaiian Electric Industries, Inc. HE
- Dividend Yield: 11.31%
- Wells Fargo analyst Jonathan Reeder downgraded the stock from Equal-Weight to Underweight and raised the price target from $8 to $8.5 on Nov. 11, 2023. This analyst has an accuracy rate of 61%.
- B of A Securities analyst Julien Dumoulin-Smith reiterated an Underperform rating with a price target of $8.5 on Aug. 25, 2023. This analyst has an accuracy rate of 67%.
- Recent News: Hawaiian Electric Industries posted upbeat quarterly earnings.
Atlantica Sustainable Infrastructure plc AY
- Dividend Yield: 9.40%
- JP Morgan analyst Mark Strouse maintained a Neutral rating and cut the price target from $27 to $21 on Oct. 19, 2023. This analyst has an accuracy rate of 64%.
- B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Neutral to Buy with a price target of $32 on March 8, 2023. This analyst has an accuracy rate of 68%.
- Recent News: Atlantica Sustainable posted better-than-expected third-quarter earnings.
Clearway Energy, Inc. CWEN
- Dividend Yield: 6.94%
- Oppenheimer analyst Noah Kaye maintained an Outperform rating and cut the price target from $38 to $34 on Oct. 12, 2023. This analyst has an accuracy rate of 61%.
- B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Neutral to Buy on Oct. 6, 2023. This analyst has an accuracy rate of 68%.
- Recent News: Clearway Energy posted an increase in third-quarter sales.
Read More: Walmart, Alibaba And 3 Stocks To Watch Heading Into Thursday
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.