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.
EastGroup Properties, Inc. (NYSE: EGP)
- Dividend Yield: 3.05%
- Wedbush analyst Richard Anderson initiated coverage on the stock with a Neutral rating and a price target of $175 on Oct. 3, 2023. This analyst has an accuracy rate of 61%
- Keybanc analyst Todd Thomas maintained an Overweight rating and increased the price target from $174 to $188 on July 12, 2023. This analyst has an accuracy rate of 63%.
- Recent News: EastGroup Props posted better-than-expected sales for the second quarter.
- Dividend Yield: 3.22%
- Morgan Stanley analyst Ronald Kamdem reiterated an Overweight rating with a price target of $128 on July 20, 2023. This analyst has an accuracy rate of 60%.
- Truist Securities analyst Ki Bin Kim maintained a Buy rating and cut the price target from $140 to $135 on June 28, 2023. This analyst has an accuracy rate of 66%.
- Recent News: Prologis reported third-quarter rental revenues of $1.78 billion, beating the consensus estimates of $1.73 billion.
- Dividend Yield: 3.18%
- Raymond James analyst Buck Horne maintained an Outperform rating and raised the price target from $35 to $38 on Aug. 28, 2023. on July 28, 2023. This analyst has an accuracy rate of 69%.
- JP Morgan analyst Anthony Paolone maintained a Neutral rating and increased the price target from $34 to $35 on May 26, 2023. This analyst has an accuracy rate of 70%.
- Recent News: Invitation Homes said it will release its third quarter 2023 financial and operating results on Oct. 25, 2023.
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