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 energy sector.
Nordic American Tankers Limited (NYSE: NAT)
- Dividend Yield: 17.91%
- B. Riley Securities analyst Liam Burke maintained a Buy rating and raised the price target from $5 to $5.5 on Feb. 28, 2023. This analyst has an accuracy rate of 67%.
- Jefferies analyst Omar Nokta maintained a Buy rating and boosted the price target from $4.5 to $5 on Feb. 27, 2023. This analyst has an accuracy rate of 67%.
- Recent News: Nordic American Tankers posted weaker-than-expected quarterly results.
- Dividend Yield: 7.26%
- Raymond James analyst John Freeman maintained a Strong Buy rating and boosted the price target from $67 to $70 on April 21, 2023. This analyst has an accuracy rate of 82%.
- Piper Sandler analyst Mark Lear maintained an Overweight and raised the price target from $85 to $87 on April 19, 2023. This analyst has an accuracy rate of 68%.
- Recent News: Devon Energy said it will report Q1 results on May 8, after the closing bell.
- Dividend Yield: 6.08%
- Raymond James analyst Justin Jenkins maintained an Outperform rating and increased the price target from $72 to $75 on April 21, 2023. This analyst has an accuracy rate of 77%.
- UBS analyst Shneur Gershuni maintained a Buy rating and raised the price target from $81 to $82 on April 6, 2023. This analyst has an accuracy rate of 80%.
- Recent News: ONEOK posted better-than-expected Q1 earnings.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.