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 energy sector.
Pioneer Natural Resources Company PXD
- Dividend Yield: 10.27%
- Raymond James analyst John Freeman maintained a Strong Buy rating and cut the price target from $300 to $241 on March 27, 2023. This analyst has an accuracy rate of 81%.
- Bernstein analyst Bob Brackett maintained an Outperform rating and lowered the price target from $283 to $241 on Feb. 28, 2023. This analyst has an accuracy rate of 70%.
- Recent News: Exxon Mobil Corp. XOM is reportedly in early stage discussions with Pioneer Natural Resources about a potential acquisition, the Wall Street Journal reported Friday, citing people close to the matter.
ONEOK, Inc. OKE
- Dividend Yield: 5.79%
- UBS analyst Shneur Gershuni maintained a Buy rating and raised the price target from $81 to $82 on April 6, 2023. This analyst has an accuracy rate of 79%.
- Raymond James analyst Justin Jenkins maintained an Outperform rating and increased the price target from $65 to $72 on Jan. 23, 2023. This analyst has an accuracy rate of 76%.
- Recent News: ONEOK posted better-than-expected earnings for its fourth quarter.
Northern Oil and Gas, Inc. NOG
- Dividend Yield: 4.18%
- Raymond James analyst John Freeman maintained a Strong Buy rating on the stock and cut the price target from $50 to $47 on March 27, 2023. This analyst has an accuracy rate of 81%.
- RBC Capital analyst Scott Hanold reiterated an Outperform rating with a price target of $46 on March 17, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Northern Oil & Gas posted weaker-than-expected Q4 earnings.
Read More: Skillz And 2 Other Stocks Under $2 Insiders Are Aggressively Buying
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