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 industrials sector.
The Greenbrier Companies, Inc. (NYSE: GBX)
- Dividend Yield: 3.05%
- Wells Fargo analyst Allison Poliniak downgraded the stock from Overweight to Equal-Weight and cut the price target from $48 to $40 on Sept. 7, 2023. This analyst has an accuracy rate of 70%.
- B of A Securities analyst Ken Hoexter maintained an Underperform rating and cut the price target from $35 to $33 on April 14, 2023. This analyst has an accuracy rate of 70%.
- Recent News: Greenbrier reported better-than-expected third-quarter adjusted EPS and sales results.
- Dividend Yield: 3.12%
- JP Morgan analyst Seth Seifman maintained an Overweight rating and cut the price target from $100 to $87 on Sep. 13, 2023. This analyst has an accuracy rate of 67%.
- Argus Research analyst John Eade downgraded the stock from Buy to Hold on July 31, 2023. This analyst has an accuracy rate of 72%.
- Recent News: The company said it expects to incur a $3 billion to $3.5 billion impact to its pre-tax operating profit due to the impact to the Pratt & Whitney GTF fleet.
- Dividend Yield: 3.14%
- Barclays analyst Julian Mitchell maintained an Equal-Weight rating and raised the price target from $27 to $28 on July 10, 2023. This analyst has an accuracy rate of 73%.
- Loop Capital analyst Chris Dankert maintained a Hold rating and increased the price target from $22 to $28 on Feb. 9, 2023. This analyst has an accuracy rate of 67%.
- Recent News: Kennametal said it is a new NASCAR Competition Partner, a program developed by the global auto racing company to highlight the innovations of the highest-quality auto performance suppliers.
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