Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 5% Dividend Yields
Author: Avi Kapoor | July 12, 2024 08:22am
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.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the financial sector.
Wedbush analyst David Chiaverini reiterated a Neutral rating with a price target of $17 on April 24. This analyst has an accuracy rate of 61%.
Piper Sandler analyst Matthew Clark maintained a Neutral rating and cut the price target from $20 to $17 on May 1, 2023. This analyst has an accuracy rate of 66%.
Recent News: Hanmi Financial said it will report second quarter financial results on Tuesday, July 23.
Keefe, Bruyette & Woods analyst Damon Delmonte reiterated a Market Perform rating and cut the price target from $7 to $6 on April 25. This analyst has an accuracy rate of 74%.
Piper Sandler analyst Andrew Lieschmaintained a Neutral rating and lowered the price target from $6 to $5.5 on April 25. This analyst has an accuracy rate of 74%.
Recent News: On April 24, Capitol Federal Financial posted downbeat quarterly sales resulst.
Keefe, Bruyette & Woods analyst Damon Delmontemaintained a Market Perform rating and cut the price target from $23 to $20 on April 5. This analyst has an accuracy rate of 74%.
Piper Sandler analyst Alexander Twerdahidowngraded the stock from Overweight to Neutral and slashed the price target from $23 to $19 on March 25. This analyst has an accuracy rate of 68%.
Recent News: Financial Institutions said it will release results for the second quarter after the closing bell on July 25.