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 consumer staples sector.
Nu Skin Enterprises, Inc. (NYSE: NUS)
- Dividend Yield: 8.21%
- DA Davidson analyst Linda Bolton Weiser maintained a Neutral rating and cut the price target from $29 to $21 on Jan. 5, 2024. This analyst has an accuracy rate of 62%.
- Stifel analyst Mark Astrachan maintained a Hold rating and slashed the price target from $35 to $27 on Oct. 16, 2023. This analyst has an accuracy rate of 82%.
- Recent News: Nu Skin Enterprises reported fourth-quarter preliminary revenue slightly above guidance with full financial results to be announced on Feb. 14.
- Dividend Yield: 7.22%
- Piper Sandler analyst Michael Lavery downgraded the stock from Neutral to Underweight and cut the price target from $14 to $8 on Oct. 4, 2023. This analyst has an accuracy rate of 71%.
- TD Cowen analyst Robert Moskow maintained an Underperform rating and lowered the price target from $10 to $9.5 on Sept. 19, 2023. This analyst has an accuracy rate of 68%.
- Recent News: B&G Foods, during November, posted upbeat earnings for its third quarter, while sales missed estimates.
- Dividend Yield: 3.83%
- B of A Securities analyst Anna Lizzul downgraded the stock from Neutral to Underperform and cut the price target from $135 to $115 on Dec. 15, 2023. This analyst has an accuracy rate of 67%.
- Barclays analyst Lauren Lieberman maintained an Equal-Weight rating and raised the price target from $122 to $123 on Oct. 26, 2023. This analyst has an accuracy rate of 62%.
- Recent News: Kimberly-Clark, during October, reported third-quarter sales growth of 2% Y/Y to $5.13 billion, missing the analyst consensus estimate of $5.15 billion.
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