Benzinga - by Lisa Levin, Benzinga Editor.
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 financial sector.
Invesco Mortgage Capital Inc. (NYSE: IVR)
- Dividend Yield: 18.34%
- Credit Suisse analyst Douglas Harter reiterated an Underperform rating with a price target of $10.5 on Aug. 8, 2023. This analyst has an accuracy rate of 72%
- Barclays analyst Mark Devries maintained an Underweight rating and cut the price target from $12 to $11 on April 13, 2023. This analyst has an accuracy rate of 60%.
- Recent News: Invesco Mortgage Capital posted better-than-expected second-quarter earnings.
- Dividend Yield: 14.69%
- Citigroup analyst Arren Cyganovich maintained a Neutral rating and raised the price target from $13 to $14 on Aug. 8, 2023. This analyst has an accuracy rate of 80%.
- Credit Suisse analyst Douglas Harter reiterated a Neutral rating with a price target of $14 on Aug. 2, 2023. This analyst has an accuracy rate of 72%.
- Recent News: Two Harbors Investment posted a loss for the second quarter.
- Dividend Yield: 14.46%
- UBS analyst Brock Vandervliet upgraded the stock from Neutral to Buy and raised the price target from $21 to $24 on Sept. 18, 2023. on July 28, 2023. This analyst has an accuracy rate of 76%.
- Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating and increased the price target from $22.5 to $23.5 on April 28, 2023. This analyst has an accuracy rate of 80%.
- Recent News: Annaly Capital Management posted weaker-than-expected second-quarter earnings.
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