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 real estate sector.
Essex Property Trust, Inc. (NYSE: ESS)
- Dividend Yield: 4.53%
- JP Morgan analyst Anthony Paolone downgraded the stock from Overweight to Neutral and cut the price target from $284 to $267 on Dec. 16, 2022. This analyst has an accuracy rate of 73%.
- Wells Fargo analyst James Feldman initiated coverage on the stock with an Underweight rating and a price target of $208 on March 29, 2023. This analyst has an accuracy rate of 62%.
- Recent News: Essex Property Trust posted Q4 FFO of $3.77.
- Dividend Yield: 5.22%
- Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $119 to $120 on March 6, 2023. This analyst has an accuracy rate of 77%.
- Morgan Stanley analyst Simon Flannery maintained an Equal-Weight rating and cut the price target from $141 to $107 on Oct. 26, 2022. This analyst has an accuracy rate of 71%.
- Recent News: Digital Realty Trust announced offering price of up to $1.5 billion.
- Dividend Yield: 6.33%
- BMO Capital analyst John Kim maintained an Underperform rating and cut the price target from $13 to $12 on March 30, 2023. This analyst has an accuracy rate of 68%.
- Raymond James analyst William Crow maintained an Outperform rating and slashed the price target from $23 to $17 on March 23, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Douglas Emmett posted Q4 earnings of $0.51 per share.
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