Wall Street's Most Accurate Analysts Weigh In On 3 Utilities Stocks With Over 4% 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 utilities sector.

UGI Corporation UGI

  • Dividend Yield: 6.39%
  • Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and lowered the price target from $28 to $27 on May 3. This analyst has an accuracy rate of 71%.
  • Mizuho analyst Gabriel Moreen maintained a Neutral rating and increased the price target from $26 to $27 on April 17. This analyst has an accuracy rate of 75%.
  • Recent News: On Aug. 7, UGI posted a profit for the third quarter.
  • Benzinga Pro's real-time newsfeed alerted to latest UGI news.

Clearway Energy, Inc. CWEN

  • Dividend Yield: 5.88%
  • Morgan Stanley analyst Robert Kad upgraded the stock from Equal-Weight to Overweight and raised the price target from $25 to $36 on July 31. This analyst has an accuracy rate of 80%
  • RBC Capital analyst Shelby Tucker maintained a Sector Perform rating and cut the price target from $26 to $25 on Feb. 27. This analyst has an accuracy rate of 70%.
  • Recent News: On Aug. 1, Clearway Energy posted a decline in second-quarter sales.
  • Benzinga Pro’s charting tool helped identify the trend in CWEN stock.

Dominion Energy, Inc. D

  • Dividend Yield: 4.67%
  • BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $53 to $57 on Aug. 5. This analyst has an accuracy rate of 70%.
  • B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Underperform to Neutral and raised the price target from $43 to $54 on May 10. This analyst has an accuracy rate of 71%.
  • Recent News: On Aug. 1, Dominion Energy reported second-quarter FY24 revenue of $3.486 billion, missing the consensus of $3.729 billion.
  • Benzinga Pro’s signals feature notified of a potential breakout in D shares.

Read More:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: NewsDividendsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading Ideasdividend yieldPro ProjectUtilitiesWall Street's Most Accurate Analysts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!