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.
Dominion Energy, Inc. D
- Dividend Yield: 4.55%
- Mizuho analyst Anthony Crowdell maintained a Neutral rating and cut the price target from $62 to $58 on Feb. 27, 2023. This analyst has an accuracy rate of 64%.
- Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and raised the price target from $64 to $66 on Jan. 30, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Dominion Energy filed for potential mixed shelf.
OGE Energy Corp. OGE
- Dividend Yield: 4.38%
- UBS analyst Daniel Ford downgraded the stock from Buy to Neutral rating and cut the price target from $41 to 39 on Feb. 28, 2023. This analyst has an accuracy rate of 70%.
- Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and raised the price target from $36 to $37 on Nov. 4, 2022. This analyst has an accuracy rate of 71%.
- Recent News: OGE Energy posted a profit for the fourth quarter.
NorthWestern Corporation NWE
- Dividend Yield: 4.33%
- Mizuho analyst Anthony Crowdell maintained a Neutral rating and raised the price target from $56 to $57 on Dec. 19, 2022. This analyst has an accuracy rate of 64%.
- Wells Fargo analyst Jonathan Reeder maintained an Equal-Weight rating and slashed the price target from $54 to $53 on Oct. 26, 2022. This analyst has an accuracy rate of 68%.
- Recent News: NorthWestern posted weaker-than-expected earnings for its fourth quarter.
Read More: Investor Optimism Declines Following Earnings Reports
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