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.
NextEra Energy, Inc. NEE
- Dividend Yield: 3.21%
- Goldman Sachs analyst Michael Lapides maintained a Buy rating and cut the price target from $83 to $72 on Oct. 2, 2023. This analyst has an accuracy rate of 60%
- JP Morgan analyst Christopher Turnure maintained an Overweight rating and cut the price target from $85 to $80 on Aug. 30, 2023. This analyst has an accuracy rate of 68%.
- Recent News: NextEra Energy reported third-quarter FY23 revenue increased by 6.7% year-over-year to $7.17 billion, beating the estimate of $7.09 billion.
Ameren Corporation AEE
- Dividend Yield: 3.33%
- Wells Fargo analyst Neil Kalton maintained an Overweight rating and cut the price target from $101 to $94 on Aug. 4, 2023. This analyst has an accuracy rate of 67%.
- B of A Securities analyst Julien Dumoulin-Smith maintained a Buy rating and increased the price target from $96 to $99 on April 11, 2023. This analyst has an accuracy rate of 69%.
- Recent News: The company is expected to report third-quarter results on Nov. 9, 2023.
Sempra SRE
- Dividend Yield: 3.40%
- Barclays analyst Eric Beaumont maintained an Overweight rating and cut the price target from $78 to $76 on Oct. 24, 2023. This analyst has an accuracy rate of 70%.
- UBS analyst Daniel Ford maintained a Buy rating and cut the price target from $95 to $89 on Oct. 4, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Sempra is expected to release its third-quarter earnings on Nov. 3, 2023.
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