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 financials sector.
NewtekOne, Inc. NEWT
- Dividend Yield: 5.28%
- Keefe, Bruyette & Woods analyst Timothy Switzer maintained a Market Perform rating and cut the price target from $16 to $13 on March 20. This analyst has an accuracy rate of 80%.
- Piper Sandler analyst Crispin love maintained a Neutral rating and slashed the price target from $13 to $11 on March 18. This analyst has an accuracy rate of 63%.
- Recent News: NewtekOne will report its second quarter financial results after the closing bell on Monday, Aug. 5.
- Benzinga Pro's real-time newsfeed alerted to latest NEWT news
Comerica Incorporated CMA
- Dividend Yield: 5.38%
- Morgan Stanley analyst Manan Gosalia maintained an Equal-Weight rating and slashed the price target from $53 to $50 on July 22. This analyst has an accuracy rate of 72%.
- RBC Capital analyst JonArfstrommaintained an Outperform rating and cut the price target from $58 to $56 on July 22. This analyst has an accuracy rate of 79%.
- Recent News: Comerica posted better-than-expected quarterly results on July 19.
- Benzinga Pro's charting tool helped identify the trend in CMA's stock.
Valley National Bancorp VLY
- Dividend Yield: 5.45%
- JP Morgan analyst StevenAlexopoulosmaintained a Neutral rating and cut the price target from $8.5 to $8 on June 27. This analyst has an accuracy rate of 70%.
- Keefe, Bruyette & Woods analyst Michael Perito downgraded the stock from Outperform to Market Perform and cut the price target from $12 to $8 on May 31. This analyst has an accuracy rate of 71%.
- Recent News: On July 25, the company posted weaker-than-expected quarterly sales.
- Benzinga Pro's signals feature notified of a potential breakout in VLY shares.
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