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Check Out 3 High-Yielding Dividend Stocks In Real Estate Sector From Wall Street's Most Accurate Analysts

Published 18/04/2023, 14:18
© Reuters.  Check Out 3 High-Yielding Dividend Stocks In Real Estate Sector From Wall Street's Most Accurate Analysts
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Benzinga - 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 real estate sector.

Vornado Realty Trust (NYSE: VNO)

  • Dividend Yield: 10.34%
  • Morgan Stanley analyst Ronald Josey maintained an Underweight rating and cut the price target from $18 to $13 on March 31, 2023. This analyst has an accuracy rate of 70%.
  • BMO Capital analyst John Kim downgraded the stock from Market Perform to Underperform and cut the price target from $26 to $18 on March 3, 2023. This analyst has an accuracy rate of 67%.
  • Recent News: Vornado Realty posted weaker-than-expected sales results for its fourth quarter.
STAG Industrial, Inc. (NYSE: STAG)
  • Dividend Yield: 4.54%
  • JP Morgan analyst Michael Lapides maintained a Neutral rating and raised the price target from $34 to 36 on Feb. 23, 2023. This analyst has an accuracy rate of 63%.
  • Raymond James analyst William Crow maintained an Outperform rating and slashed the price target from $39 to $36 on Oct. 11, 2022. This analyst has an accuracy rate of 72%.
  • Recent News: Stag Industrial posted better-than-expected quarterly results.
Essex Property Trust, Inc. (NYSE: ESS)
  • Dividend Yield: 4.44%
  • BMO Capital analyst John Kim downgraded the stock from Market Perform to Underperform and cut the price target from $239 to $200 on April 17, 2023. This analyst has an accuracy rate of 67%.
  • Scotiabank analyst Nicholas Yulico upgraded the stock from Sector Underperform to Sector Outperform with a price target of $240 on April 12, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: Essex Property Trust posted Q4 FFO of $3.77.
Read More: Top 5 Health Care Stocks That May Fall Off A Cliff This Quarter

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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