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 real estate sector.
Essex Property Trust, Inc. (NYSE: ESS)
- Dividend Yield: 4.13%
- JP Morgan analyst Anthony Paolone maintained Essex Property Trust with a Neutral and increased the price target from $252 to $268 on Aug. 21, 2023. This analyst has an accuracy rate of 70%.
- BMO Capital analyst John Kim downgraded the stock from Market Perform to Underperform and slashed the price target from $239 to $200 on April 17, 2023. This analyst has an accuracy rate of 61%.
- Recent News: Essex Property Trust posted better-than-expected second-quarter sales results.
- Dividend Yield: 4.43%
- JP Morgan analyst Anthony Paolone maintained UDR with an Overweight and lowered the price target from $49 to $44 on Aug. 21, 2023. This analyst has an accuracy rate of 70%.
- UBS analyst Michael Goldsmith initiated coverage on the stock with a Neutral rating and announced a price target of $43 on Dec. 15, 2022. This analyst has an accuracy rate of 67%.
- Recent News: UDR reported worse-than-expected second-quarter revenue results.
- Dividend Yield: 5.36%
- Deutsche Bank analyst Carlo Santarelli downgraded VICI Props from Buy to Hold and lowered the price target from $39 to $34 on July 5, 2023. This analyst has an accuracy rate of 64%.
- JP Morgan analyst Anthony Paolone maintained the stock with an Overweight and increased the price target from $35 to $36 on Oct. 24, 2022. This analyst has an accuracy rate of 70%.
- Recent News: The company said total revenues surged 35.5% year-over-year to $898.2 million in the second quarter.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.