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.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector.
Kronos Worldwide, Inc. KRO
- Dividend Yield: 6.55%
- Barclays analyst Michael Leithead maintained an Underweight rating and raised the price target from $7 to $8 on March 26. This analyst has an accuracy rate of 62%.
- Deutsche Bank analyst David Begleiter maintained a Buy rating and cut the price target from $12 to $11 on May 22, 2023. This analyst has an accuracy rate of 75%.
- Recent News: On March 6, Kronos Worldwide reported better-than-expected fourth-quarter financial results.
Dow Inc. DOW
- Dividend Yield: 4.84%
- Mizuho analyst John Roberts maintained a Neutral rating and increased the price target from $55 to $62 on April 26. This analyst has an accuracy rate of 78%.
- JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Neutral to Overweight and increased the price target from $55 to $61 on April 26. This analyst has an accuracy rate of 71%.
- Recent News: On April 25, Dow posted better-than-expected quarterly earnings.
Huntsman Corporation HUN
- Dividend Yield: 4.08%
- Wells Fargo analyst Michael Sisonupgraded the stock from Equal-Weight to Overweight on Feb. 23. This analyst has an accuracy rate of 71%.
- Stifel analyst Vincent Anderson maintained a Buy and cut the price target from $30 to $29 on Jan. 24. This analyst has an accuracy rate of 70%.
- Recent News: Huntsman is scheduled to hold a conference call on Friday, May 3, to discuss its first quarter 2024 financial results.
Read More: Coca-Cola, Amazon And 3 Stocks To Watch Heading Into Tuesday
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.