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 industrials sector.
Genco Shipping & Trading Limited GNK
- Dividend Yield: 13.06%
- Stifel analyst Benjamin Nolan maintained a Buy rating and raised the price target from $23 to $24 on April 25, 2023. This analyst has an accuracy rate of 72%.
- Jefferies analyst Omar Nokta reiterated a Buy rating with a price target of $20 on Feb. 23, 2023. This analyst has an accuracy rate of 67%.
- Recent News: Genco Shipping & Trading said Chief Financial Officer and Executive Vice President, Finance, Apostolos Zafolias, will be leaving the company.
The Greenbrier Companies, Inc. GBX
- Dividend Yield: 3.95%
- Stephens & Co. analyst Justin Long maintained an Overweight rating and raised the price target from $36 to $38 on April 11, 2023. This analyst has an accuracy rate of 65%.
- Cowen & Co. analyst Matt Elkott maintained an Outperform rating and cut the price target from $54 to $47 on July 13, 2022. This analyst has an accuracy rate of 74%.
- Recent News: Greenbrier Companies is targeting aggregate gross margin in mid-teens by fiscal 2026.
MSC Industrial Direct Co., Inc. MSM
- Dividend Yield: 3.53%
- Keybanc analyst Ken Newman maintained an Overweight rating and raised the price target from $97 to $105 on April 21, 2023. This analyst has an accuracy rate of 67%.
- Baird analyst David Manthey maintained an Outperform rating and boosted the price target from $95 to $104 on April 5, 2023. This analyst has an accuracy rate of 80%.
- Recent News: MSC Industrial Direct inked an agreement to be the exclusive e-commerce distributor of metalworking and MRO products to customers of MachiningCloud.
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