Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 5% Dividend Yields
Author: Avi Kapoor | August 16, 2024 08:30am
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 real estate sector.
Stifel analyst Simon Yarmak maintained a Buy rating and raised the price target from $152 to $157.5 on Aug. 6. This analyst has an accuracy rate of 65%.
Argus Research analyst Jacob Kilstein maintained a Buy rating and boosted the price target from $157 to $168 on June 11. This analyst has an accuracy rate of 63%.
Recent News: On Aug. 5, Simon Property Group reported better-than-expected second-quarter revenues, raised its dividend and issued strong FY24 guidance.
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B of A Securities analyst David Barden maintained a Neutral rating and boosted the price target from $110 to $115 on Aug. 13. This analyst has an accuracy rate of 69%.
Deutsche Bank analyst Matthew Niknam maintained a Hold rating and raised the price target from $103 to $105 on July 23. This analyst has an accuracy rate of 63%.
Recent News: On Aug. 7, Crown Castle declared a quarterly cash dividend of $1.565 per common share.
Wells Fargo analyst Heather Bellini maintained an Overweight rating and cut the price target from $34 to $32 on March 6. This analyst has an accuracy rate of 76%.
Mizuho analyst Vikram Malhorta maintained a Buy rating and raised the price target from $32 to $33 on Jan. 10. This analyst has an accuracy rate of 61%.
Recent News: On July 31, VICI Properties posted better-than-expected quarterly sales.