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 energy sector.
Ardmore Shipping Corporation ASC
- Dividend Yield: 10.76%
- Stifel analyst Benjamin Nolan downgraded the stock from Buy to Hold and cut the price target from $24 to $17 on Oct. 23. This analyst has an accuracy rate of 71%.
- Jefferies analyst Omar Nokta maintained a Buy rating and raised the price target from $21 to $24 on July 31. This analyst has an accuracy rate of 70%.
- Recent News: Ardmore Shipping will announce its third quarter earnings before the opening bell on Wednesday, Nov. 6.
- Benzinga Pro's real-time newsfeed alerted to latest ASC news.
DHT Holdings, Inc. DHT
- Dividend Yield: 10.50%
- Stifel analyst Benjamin Nolan maintained a Hold rating and lowered the price target from $13 to $11 on Oct. 23. This analyst has an accuracy rate of 71%.
- BTIG analyst Gregory Lewis initiated coverage on the stock with a Buy rating and a price target of $16 on Oct. 15. This analyst has an accuracy rate of 72%.
- Recent News: DHT Holdings will release its third quarter results after the closing bell on Tuesday, Nov. 12.
- Benzinga Pro's real-time newsfeed alerted to latest DHT news.
Chord Energy Corporation CHRD
- Dividend Yield: 8.87%
- Piper Sandler analyst Mark Lear maintained an Overweight rating and raised the price target from $206 to $211 on Oct. 15. This analyst has an accuracy rate of 65%.
- Truist Securities analyst Neal Dingmann maintained a Buy rating and cut the price target from $223 to $185 on Sept. 30. This analyst has an accuracy rate of 66%.
- Recent News: Chord Energy will announce its third quarter financial and operating results on Wednesday, Nov. 6, after the closing bell.
- Benzinga Pro’s charting tool helped identify the trend in CHRD stock.
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