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 financial sector.
Valley National Bancorp VLY
- Dividend Yield: 5.99%
- Wedbush analyst David Chiaverini reiterated a Neutral rating with a price target of $8 on May 22. This analyst has an accuracy rate of 64%.
- JP Morgan analyst Steven Alexopoulos maintained a Neutral rating and cut the price target from $12 to $9 on April 4. This analyst has an accuracy rate of 65%.
- Recent News: On April 25, Valley National Bancorp posted downbeat quarterly results.
Heritage Commerce Corp HTBK
- Dividend Yield: 6.38%
- Piper Sandler analyst AndrewLieschmaintained an Overweight rating and cut the price target from $11 to $10 on April 26. This analyst has an accuracy rate of 73%.
- Raymond James analyst David Feastermaintained an Outperform rating and raised the price target from $9.5 to $11 on Jan. 5. This analyst has an accuracy rate of 61%.
- Recent News: On April 25, Heritage Commerce posted weak results for the first quarter.
Gladstone Investment Corporation GAIN
- Dividend Yield: 7.00%
- B. Riley Securities analyst Bryce Rowe reiterated a Neutral rating and raised the price target from $13.5 to $14 on May 10. This analyst has an accuracy rate of 61%.
- Ladenburg Thalmann analyst MickeySchleiendowngraded the stock from Buy to Neutral with a price target of $14 on May 9. This analyst has an accuracy rate of 71%.
- Recent News: On May 8, Gladstone Investment posted weaker-than-expected quarterly earnings.
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