Wall Street's Most Accurate Analysts' Views On 3 Utilities 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.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.

CMS Energy Corporation</b> CMS

Dividend Yield: 3.54%

Barclays analyst Eric Beaumont maintained an Equal-Weight rating and increased the price target from $55 to $59 on Jan. 17, 2024. This analyst has an accuracy rate of 67%.

Seaport Global analyst Angie Storozynski downgraded the stock from Buy to Neutral on Jan. 8, 2023. This analyst has an accuracy rate of 71%.

Recent News: On Feb. 1, CMS Energy posted better-than-expected quarterly earnings.

Consolidated Edison, Inc.</b> ED

Dividend Yield: 3.66%

UBS analyst Daniel Ford maintained a Neutral rating and cut the price target from $99 to $94 on Feb. 16, 2024. This analyst has an accuracy rate of 67%.

Barclays analyst Eric Beaumont maintained an Equal-Weight rating and cut the price target from $88 to $86 on Jan. 22, 2024. This analyst has an accuracy rate of 67%.

Recent News: On Feb. 15, Consolidated Edison posted upbeat quarterly earnings.

Sempra SRE

Dividend Yield: 3.65%

Morgan Stanley analyst David Arcaro maintained an Equal-Weight rating and raised the price target from $74 to $75 on March 21, 2024. This analyst has an accuracy rate of 61%.

Barclays analyst Eric Beaumont maintained an Overweight rating and boosted the price target from $77 to $79 on March 14, 2024. This analyst has an accuracy rate of 67%.

Recent News: On Feb. 27, Sempra Energy posted better-than-expected quarterly earnings.

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