These 3 Financial Stocks Delivering High-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 financial sector.

TPG RE Finance Trust, Inc. TRTX

  • Dividend Yield: 17.27%
  • JMP Securities analyst Steven Delaney maintained a Market Outperform rating and cut the price target from $10 to $9 on Nov. 3, 2023. This analyst has an accuracy rate of 69%.
  • Wells Fargo analyst Donald Fandetti maintained an Overweight rating and slashed the price target from $9 to $7 on May 4, 2023. This analyst has an accuracy rate of 71%.
  • Recent News: TPG RE Finance Trust posted downbeat earnings for the third quarter.

Granite Point Mortgage Trust Inc. GPMT

  • Dividend Yield: 17.02%
  • JMP Securities analyst Steven Delaney reiterated a Market Outperform rating with a price target of $9 on Aug. 17, 2023. This analyst has an accuracy rate of 69%.
  • Raymond James analyst Stephen Laws maintained an Outperform rating and cut the price target from $9 to $7 on May 12, 2023. This analyst has an accuracy rate of 63%.
  • Recent News: Granite Point Mortgage posted better-than-expected results for the third quarter.

Annaly Capital Management, Inc. NLY

  • Dividend Yield: 14.99%
  • UBS analyst Brock Vandervliet upgraded the stock from Neutral to Buy and increased the price target from $21 to $24 on Sept. 18, 2023. This analyst has an accuracy rate of 70%.
  • Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating and raised the price target from $22.5 to $23.5 on April 28, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: Annaly Capital Management reported a third-quarter GAAP loss of $1.21 per share.

 

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