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 financial sector.
Comerica Incorporated (NYSE: CMA)
- Dividend Yield: 6.38%
- Baird analyst David George upgraded the stock from Neutral to Outperform with a price target of $20 on March 10, 2023. This analyst has an accuracy rate of 74%.
- DA Davidson analyst Peter Winter initiated coverage on the stock with a Buy rating and a price target of $20 on Dec. 21, 2022. This analyst has an accuracy rate of 63%.
- Recent News: Comerica raised its dividend from $0.68 to $0.71 per share.
- Dividend Yield: 6.80%
- Mizuho analyst Nitin Kumar assumed coverage on the stock with a Buy rating and cut the price target from $53 to $51 on Jan. 10, 2023. This analyst has an accuracy rate of 71%.
- JP Morgan analyst Arun Jayaram upgraded the stock from Neutral to Overweight with a price target of $56 on Dec. 5, 2022. This analyst has an accuracy rate of 73%.
- Recent News: KeyCorp posted weaker-than-expected earnings for the latest quarter.
- Dividend Yield: 11.62%
- Piper Sandler analyst Kevin Barker maintained an Overweight rating and raised the price target from $47 to $51 on Feb. 8, 2023. This analyst has an accuracy rate of 73%.
- JMP Securities analyst David Scharf maintained an Outperform rating and boosted the price target from $49 to $55 on Feb. 8, 2023. This analyst has an accuracy rate of 61%.
- Recent News: OneMain reported better-than-expected Q4 adjusted EPS results and announced an increase to its quarterly dividend.
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