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Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields

Published 18/06/2024, 14:15
Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields
SVC
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BDN
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OUT
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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 real estate sector.

Brandywine Realty Trust (NYSE:BDN)

  • Dividend Yield: 13.27%
  • Truist Securities analyst Michael Lewis maintained a Buy rating and cut the price target from $7 to $6 on Feb. 13. This analyst has an accuracy rate of 65%.
  • Deutsche Bank analyst Omotayo Okusanya initiated coverage on the stock with a Hold rating and a price target of $5.5 on Jan. 30. This analyst has an accuracy rate of 61%.
  • Recent News: Brandywine Realty Trust will release second quarter earnings after the closing bell on Tuesday, July 23.
  • Benzinga Pro's real-time newsfeed alerted to latest Brandywine Realty Trust's news

Service Properties Trust (NYSE:SVC)

  • Dividend Yield: 16.10%
  • B. Riley Securities analyst Bryan Maher maintained a Buy rating and cut the price target from $10 to $9 on May 13. This analyst has an accuracy rate of 62%.
  • Wells Fargo analyst Dori Kesten maintained an Underweight rating and lowered the price target from $7.5 to $5.75 on March 21. This analyst has an accuracy rate of 61%.
  • Recent News: On June 17, Service Properties Trust named Jesse Abair as Vice President.
  • Benzinga Pro's charting tool helped identify the trend in SVC's stock.

OUTFRONT Media Inc. (NYSE:OUT)

  • Dividend Yield: 8.78%
  • Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and cut the price target from $15 to $12 on Oct. 9, 2023. This analyst has an accuracy rate of 76%.
  • Citigroup analyst Jason Bazinetmaintained a Buy rating and lowered the price target from $21 to $18 on Aug. 14, 2023. This analyst has an accuracy rate of 70%.
  • Recent News: On June 10, OUTFRONT Media and Bell Media announced closing of the sale of OUTFRONT Media’s Canadian business.
  • Benzinga Pro's signals feature notified of a potential breakout in OUTFRONT Media's shares.

Check This Out: How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro

Latest Ratings for BDN

DateFirmActionFromTo
Jan 2022Truist SecuritiesDowngradesBuyHold
May 2021KeybancMaintainsOverweight
Mar 2021Evercore ISI GroupDowngradesOutperformIn-Line
View More Analyst Ratings for BDN

View the Latest Analyst Ratings

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

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