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 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 materials sector.
Compass Minerals International, Inc. CMP
- Dividend Yield: 6.63%
- Loop Capital analyst Chris Kapsch upgraded the stock from Hold to Buy and cut the price target from $26 to $23 on April 26. This analyst has an accuracy rate of 67%.
- JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and cut the price target from $24 to $21 on Feb. 9. This analyst has an accuracy rate of 71%.
- Recent News: On Aug. 16, Compass Minerals received notice of filing delinquency from the NYSE.
- Benzinga Pro's real-time newsfeed alerted to latest CMP news.
The Chemours Company CC
- Dividend Yield: 5.16%
- JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and cut the price target from $25 to $18 on Aug. 6. This analyst has an accuracy rate of 71%.
- BMO Capital analyst John McNulty maintained an Outperform rating and slashed the price target from $35 to $30 on Aug. 6. This analyst has an accuracy rate of 65%.
- Recent News: On Aug. 1, Chemours reported mixed second-quarter financial results and issued weak third-quarter net sales guidance.
- Benzinga Pro’s charting tool helped identify the trend in CC stock.
Sonoco Products Company SON
- Dividend Yield: 3.86%
- Wells Fargo analyst Gabe Hajde downgraded the stock from Equal-Weight to Underweight and cut the price target from $54 to $52 on Aug. 21. This analyst has an accuracy rate of 78%.
- Raymond James analyst Matt Roberts initiated coverage on the stock with an Outperform rating and a price target of $62 on July 19. This analyst has an accuracy rate of 62%.
- Recent News: On July 31, Sonoco Prods posted better-than-expected quarterly earnings.
- Benzinga Pro’s signals feature notified of a potential breakout in SON shares.
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