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Wall Street's Most Accurate Analysts Say Buy These 3 Real Estate Stocks With Over 3% Dividend Yields

Published 19/01/2024, 13:29
© Reuters.  Wall Street's Most Accurate Analysts Say Buy These 3 Real Estate Stocks With Over 3% Dividend Yields
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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 real estate sector.

Ryman Hospitality Properties, Inc. (NYSE: RHP)

  • Dividend Yield: 3.91%
  • Truist Securities analyst Patrick Scholes maintained a Buy rating and raised the price target from $124 to $134 on Jan. 12, 2024. This analyst has an accuracy rate of 72%.
  • Wells Fargo analyst Dan Leonard maintained an Overweight rating and boosted the price target from $114 to $125 on Dec. 22, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: Ryman Hospitality Properties said it sees FY23 net income of $336 million to $348 million.
Host Hotels & Resorts, Inc.
  • Dividend Yield: 3.31%
  • B of A Securities analyst Shaun Kelley upgraded the stock from Underperform to Buy and raised the price target from $18 to $23 on Jan. 8, 2024. This analyst has an accuracy rate of 60%.
  • HSBC analyst Meredith Jensen initiated coverage on the stock with a Buy rating and a price target of $21 on Oct. 23, 2023. This analyst has an accuracy rate of 71%.
  • Recent News: Host Hotels & Resorts, last month, announced a $0.25 per share special dividend.
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UDR, Inc.
  • Dividend Yield: 4.51%
  • Keybanc analyst Todd Thomas maintained an Overweight rating and cut the price target from $48 to $45 on Dec. 13, 2023. This analyst has an accuracy rate of 63%.
  • JP Morgan analyst Anthony Paolone maintained an Overweight rating and slashed the price target from $49 to $44 on Aug. 21, 2023. This analyst has an accuracy rate of 70%.
  • Recent News: UDR, during October, reported worse-than-expected third-quarter revenue results and slightly lowered FY23 AFFO guidance.

Read More: Investor Sentiment Increases Following Economic Reports; Dow Jumps Over 200 Points

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

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