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Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 7% Dividend Yields

Published 11/06/2024, 12:38
Updated 11/06/2024, 13:40
Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 7% Dividend Yields
COLB
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CSWC
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OMF
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, 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.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the financial sector.

Columbia Banking System, Inc. (NASDAQ:COLB)

  • Dividend Yield: 7.68%
  • Piper Sandler analyst Matthew Clark reiterated an Overweight rating with a price target of $27 on June 5. This analyst has an accuracy rate of 66%.
  • Barclays analyst Jared Shaw maintained an Equal-Weight rating and raised the price target from $20 to $21 on April 26. This analyst has an accuracy rate of 61%.
  • Recent News: On May 13, Columbia Banking System announced a 36 cents per common share dividend.
  • Benzinga Pro's real-time newsfeed alerted to latest COLB news

OneMain Holdings, Inc. (NYSE:OMF)

  • Dividend Yield: 8.48%
  • BMO Capital analyst James Fotheringham maintained a Market Perform rating and increased the price target from $48 to $50 on May 2. This analyst has an accuracy rate of 73%.
  • JP Morgan analyst Richard Shane maintained an Overweight rating and raised the price target from $51 to $52 on May 1. This analyst has an accuracy rate of 67%.
  • Recent News: On April 30, OneMain Holdings posted better-than-expected quarterly earnings.
  • Benzinga Pro's charting tool helped identify the trend in OneMain's stock.

Capital Southwest Corporation (NASDAQ:CSWC)

  • Dividend Yield: 9.62%
  • JMP Securities analyst Devin Ryandowngraded the stock from Market Outperform to Market Perform on May 15. This analyst has an accuracy rate of 80%.
  • Raymond James analyst Robert Doddmaintained an Outperform rating and raised the price target from $24 to $26.5 on Jan. 31. This analyst has an accuracy rate of 67%.
  • Recent News: On May 14, Capital Southwest posted better-than-expected fourth-quarter results.
  • Benzinga Pro's signals feature notified of a potential breakout in Capital Southwest's shares.

Read More: How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro

Latest Ratings for COLB

DateFirmActionFromTo
Nov 2021Raymond JamesMaintainsOutperform
Oct 2021DA DavidsonUpgradesNeutralBuy
Oct 2021RBC CapitalMaintainsSector Perform
View More Analyst Ratings for COLB

View the Latest Analyst Ratings

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

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