Wall Street's Most Accurate Analysts Say Hold These 3 Consumer Stocks Delivering High-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 consumer discretionary sector.

Kohl's Corporation KSS

• Dividend Yield: 8.53%
• Evercore ISI Group analyst Michael Binetti initiated coverage on the stock with an In-Line rating and a price target of $24 on Nov. 7, 2023. This analyst has an accuracy rate of 60%.
• 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 65%.
• Recent News: On Nov. 21, Kohl's reported worse-than-expected third-quarter sales results and updated guidance.

Leggett & Platt, Incorporated LEG

• Dividend Yield: 7.48%
• Truist Securities analyst Keith Hughes maintained a Hold rating and cut the price target from $26 to $24 on Nov. 1, 2023. This analysts has an accuracy rate of 80%.
• Goldman Sachs analyst Susan Maklari maintained a Neutral rating and cut the price target from $27 to $24 on Nov. 1, 2023. This analyst has an accuracy rate of 63%.
• Recent News: On Oct. 30, Leggett & Platt posted downbeat earnings for the third quarter.

Ford Motor Company F

• Dividend Yield: 5.66%
• Daiwa Capital analyst Jairam Nathan maintained a Neutral rating and raised the price target from $12 to $13 on Aug. 1, 2023. This analyst has an accuracy rate of 65%.
• Jefferies analyst Philippe Houchois downgraded the stock from Buy to Hold and cut the price target from $17 to $15 on July 31, 2023. This analyst has an accuracy rate of 77%.
• Recent News: Ford said its commercial arm, Ford Pro, has inked a pact with Xcel Energy to support the deployment of 30,000 electric vehicle (EV) charging ports in Xcel Energy service territories across the U.S. by 2030.

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