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 industrials sector.
Copa Holdings, S.A. CPA
- Dividend Yield: 6.58%
- TD Cowen analyst Thomas Fitzgerald maintained a Buy rating and cut the price target from $145 to $130 on Aug. 9. This analyst has an accuracy rate of 61%.
- Deutsche Bank analyst Michael Linenberg maintained a Buy rating and slashed the price target from $145 to $130 on Aug. 8. This analyst has an accuracy rate of 75%.
- Recent News: Copa Holding will release third-quarter results on Nov. 20.
- Benzinga Pro's real-time newsfeed alerted to latest CPA news.
Genco Shipping & Trading Limited GNK
- Dividend Yield: 9.54%
- Stifel analyst Benjamin Nolan downgraded the stock from Buy to Hold and cut the price target from $26 to $17 on Oct. 23. This analyst has an accuracy rate of 69%.
- B. Riley Securities analyst Liam Burke maintained a Buy rating and increased the price target from $27 to $30 on May 10. This analyst has an accuracy rate of 62%.
- Recent News: On Nov. 6, Genco Shipping & Trading posted downbeat quarterly sales.
- Benzinga Pro's real-time newsfeed alerted to latest GNK news.
Karat Packaging Inc. KRT
- Dividend Yield: 5.40%
- Truist Securities analyst Jake Bartlett downgraded the stock from Buy to Hold rating and cut the price target from $34 to $28 on Aug. 9. This analyst has an accuracy rate of 77%.
- Stifel analyst Michael Hoffman reiterated a Buy rating ad increased the price target from $30 to $32 on March 15. This analyst has an accuracy rate of 84%.
- Recent News: On Nov. 6, Karat Packaging raised its quarterly dividend from 35 cents to 40 cents per share.
- Benzinga Pro’s charting tool helped identify the trend in KRT stock.
Read More:
- Jim Cramer: This Financial Stock Is A Buy, Likes Broadcom
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