Wall Street's Most Accurate Analysts Spotlight On 3 Financials Stocks With Over 12% Dividend Yields

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 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 financials sector.

Ready Capital Corporation RC

  • Dividend Yield: 15.73%
  • Wedbush analyst Jay McCanless reiterated a Neutral rating with a price target of $9 on Aug. 12. This analyst has an accuracy rate of 84%.
  • BTIG analyst Timothy Hayes assumed coverage on the stock with a Neutral rating on July 19. This analyst has an accuracy rate of 76%.
  • Recent News: On Aug. 7, the company posted net book value of $12.97 per share of common stock as of June 30, 2024.
  • Benzinga Pro's real-time newsfeed alerted to latest RC news

Apollo Commercial Real Estate Finance, Inc. ARI

  • Dividend Yield: 13.54%
  • JP Morgan analyst Richard Shane maintained a Neutral rating and raised the price target from $9.5 to $10 on July 16. This analyst has an accuracy rate of 68%.
  • Keefe, Bruyette & Woods analyst Jade Rahmani maintained a Market Perform rating and cut the price target from $11 to $10 on May 1. This analyst has an accuracy rate of 77%.
  • Recent News: On Aug. 6, the company posted upbeat quarterly earnings.
  • Benzinga Pro’s charting tool helped identify the trend in ARI stock.

Saratoga Investment Corp. SAR

  • Dividend Yield: 12.40%
  • B. Riley Securities analyst Bryce Rowe reiterated a Neutral rating with a price target of $25 on July 11. This analyst has an accuracy rate of 60%.
  • Compass Point analyst Casey Alexander downgraded the stock from Buy to Neutral with a price target of $24.75 on Jan. 10. This analyst has an accuracy rate of 73%.
  • Recent News: On Aug. 22, Saratoga Investment announced a quarterly dividend of 74 cents per share for the fiscal second quarter ending Aug. 31, 2024.
  • Benzinga Pro’s signals feature notified of a potential breakout in SAR shares.

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