Wall Street's Most Accurate Analysts' Views On 3 Risk Off Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, 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 consumer staples sector.

Altria Group, Inc. MO

  • Dividend Yield: 8.46%
  • Stifel analyst Matthew Smith reiterated a Buy rating with a price target of $50 on March 25. This analyst has an accuracy rate of 65%.
  • Morgan Stanley analyst Pamela Kaufman reiterated an Equal-Weight rating with a price target of $45 on July 18, 2023. This analyst has an accuracy rate of 68%.
  • Recent News: On April 25, Altria Group reported a first-quarter FY24 sales decline of 2.5% year-on-year to $5.58 billion, beating the analyst consensus estimate of $4.71 billion.

Philip Morris International Inc. PM

  • Dividend Yield: 5.19%
  • Stifel analyst Matthew Smith maintained a Buy rating and boosted the price target from $108 to $115 on April 24. This analyst has an accuracy rate of 65%.
  • Argus Research analyst David Colemandowngraded the stock from Buy to Hold on March 5. This analyst has an accuracy rate of 62%.
  • Recent News: On April 23, Philip Morris International reported first-quarter FY24 sales growth of 9.7% year-on-year to $8.793 billion, beating the analyst consensus estimate of $8.468 billion..

Energizer Holdings, Inc. ENR

  • Dividend Yield: 3.95%
  • Barclays analyst Lauren Lieberman maintained an Overweight rating and cut the price target from $32 to $31 on May 9. This analyst has an accuracy rate of 62%.
  • Morgan Stanley analyst Dara Mohsenian upgraded the stock from Underweight to Equal-Weight with a price target of $33 on May 8. This analyst has an accuracy rate of 74%.
  • Recent News: On May 7, Energizer Hldgs posted better-than-expected quarterly earnings.

Read More: Target, Nvidia And 3 Stocks To Watch Heading Into Wednesday

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: NewsDividendsPrice TargetPre-Market OutlookMarketsTrading Ideasdividend yieldExpert IdeasRisk Off StocksWall Street's Most Accurate Analysts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!