These 3 Utilities Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.

Ameren Corporation AEE

• Dividend Yield: 3.11%
• Wells Fargo analyst Neil Kalton maintained an Overweight rating and cut the price target from $101 to $97 on Feb. 17, 2023. This analyst has an accuracy rate of 73%.
• BMO Capital analyst James Thalacker maintained an Outperform rating and raised the price target from $85 to $90 on Nov. 7, 2022. This analyst has an accuracy rate of 59%.
• Recent News: Ameren posted better-than-expected results for its fourth quarter.

Sempra SRE

• Dividend Yield: 3.22%
• Wells Fargo analyst Sarah Akers maintained an Overweight rating and cut the price target from $180 to $174 on March 1, 2023. This analyst has an accuracy rate of 70%.
• Mizuho analyst Anthony Crowdell maintained a Buy rating and cut the price target from $173 to $161 on Oct. 3, 2022. This analyst has an accuracy rate of 62%.
• Recent News: Sempra Energy posted upbeat earnings for its fourth quarter, while sales missed expectations.

Xcel Energy Inc. XEL

• Dividend Yield: 3.29%
• Keybanc analyst Sophie Karp maintained an Overweight rating and raised the price target from $73 to $75 on Jan. 17, 2023. This analyst has an accuracy rate of 65%.
• Wolfe Research analyst Steve Fleishman upgraded the stock from Peer Perform to Outperform with a price target of $69 on Oct. 20, 2022. This analyst has an accuracy rate of 61%.
• Recent News: Xcel Energy increased its 2023 common dividend on common stock from $0.4875 to $0.52 per share.

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