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These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

Published 11/01/2024, 12:18
Updated 11/01/2024, 13:40
© Reuters.  These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

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.

AGNC Investment Corp. (NASDAQ: AGNC)

  • Dividend Yield: 14.50%
  • Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating and raised the price target from $8.5 to $10 on Dec. 13, 2023. This analyst has an accuracy rate of 68%.
  • JP Morgan analyst Richard Shane maintained an Overweight rating and cut the price target from $12.5 to $11 on April 24, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: On Oct. 30, AGNC Investment reported better-than-expected third-quarter adjusted EPS results.
Annaly Capital Management, Inc. (NYSE: NLY)
  • Dividend Yield: 13.33%
  • Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating and raised the price target from $17 to $21.5 on Dec. 13, 2023. This analyst has an accuracy rate of 68%.
  • JP Morgan analyst Richard Shane maintained an Overweight rating and cut the price target from $23 to $22 on April 24, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: Annaly Capital Management, during October, reported a third-quarter GAAP loss of $1.21 per share, versus a year-ago loss of 70 cents per share.
Arbor Realty Trust, Inc. (NYSE: ABR)
  • Dividend Yield: 11.36%
  • Wedbush analyst Jay McCanless reiterated an Outperform rating with a price target of $17 on Nov. 30, 2023. This analyst has an accuracy rate of 82%.
  • Raymond James analyst Stephen Laws maintained an Outperform rating and raised the price target from $16 to $17 on Aug. 23, 2023. This analyst has an accuracy rate of 63%.
  • Recent News: Arbor Realty Trust, last month, announced an increase of its share repurchase program.

Read More: Investor Optimism Rises Ahead Of Key Inflation Reports; Nasdaq Surges Over 100 Points

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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