Benzinga - by Avi Kapoor, Benzinga Staff Writer.
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 energy sector.
Nordic American Tankers Limited (NYSE: NAT)
- Dividend Yield: 6.12%
- B. Riley Securities analyst Liam Burke maintained a Buy rating and raised the price target from $5.5 to $6 on Aug. 29, 2023. This analyst has an accuracy rate of 67%.
- Jefferies analyst Omar Nokta reiterated a Buy rating with a price target of $5 on May 22, 2023. This analyst has an accuracy rate of 72%.
- Recent News: On Nov. 29, Nordic American Tankers reported third-quarter FY23 net voyage revenue of $48.04 million.
- Dividend Yield: 9.09%
- Citigroup analyst Christian Wetherbee maintained a Neutral rating and raised the price target from $9.5 to $10 on Aug. 18, 2023. This analysts has an accuracy rate of 74%.
- B. Riley Securities analyst Liam Burke maintained a Neutral rating and increased the price target from $11.5 to $12 on Feb. 16, 2023. This analyst has an accuracy rate of 67%.
- Recent News: On Nov. 8, the company posted a net profit of $29.3 million, or 23 cents per share in the third quarter.
- Dividend Yield: 8.79%
- Alliance Global Partners analyst Jeff Grampp initiated coverage on the stock with a Buy rating and a price target of $27 on Nov. 16, 2023. This analyst has an accuracy rate of 81%.
- Roth MKM analyst John White initiated coverage on the stock with a Buy rating and a price target of $30.5 on Oct. 16, 2023. This analyst has an accuracy rate of 70%.
- Recent News: On Nov. 1, Vitesse Energy posted downbeat earnings for the third quarter.
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