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These 3 Consumer Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

Published 05/04/2023, 14:11
Updated 05/04/2023, 15:40
© Reuters.  These 3 Consumer Stocks With Over 5% Dividend Yields Are Recommended By 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 consumer discretionary sector.

Hasbro, Inc. (NASDAQ: HAS)

  • Dividend Yield: 5.29%
  • DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating with a price target of $80 on April 3, 2023. This analyst has an accuracy rate of 65%.
  • Stifel analyst Drew Crum maintained a Buy rating and cut the price target from $84 to $76 on Jan. 3, 2023. This analyst has an accuracy rate of 71%.
  • Recent News: Hasbro reported a fourth-quarter FY22 sales decline of 17% year-on-year to $1.678 billion, marginally missing the consensus of $1.68 billion.
Kohl's Corporation (NYSE: KSS)
  • Dividend Yield: 8.37%
  • Guggenheim analyst Robert Drbul maintained a Buy rating and cut the price target from $42 to $38 on Feb. 2, 2023. This analyst has an accuracy rate of 74%.
  • Baird analyst Mark Altschwager maintained an Outperform rating and cut the price target from $40 to $35 on Nov. 9, 2022. This analyst has an accuracy rate of 69%.
  • Recent News: Kohl's reported a fourth-quarter FY22 sales decline of 7.2% year-on-year to $5.77 billion, missing the consensus of $5.98 billion.
V.F. Corporation (NYSE: VFC)
  • Dividend Yield: 5.38%
  • William Blair analyst Sam Poser upgraded the stock from Sell to Buy with a price target of $27 on March 20, 2023. This analyst has an accuracy rate of 76%.
  • Stifel analyst Jim Duffy upgraded the stock from Hold to Buy with a price target of $30 on Feb. 10, 2023. This analyst has an accuracy rate of 77%.
  • Recent News: VF posted better-than-expected Q3 results.
Read More: Top 3 Real Estate Stocks You'll Regret Missing This Quarter

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

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