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 consumer discretionary sector.
Ford Motor Company (NYSE: F)
- Dividend Yield: 5.08%
- Morgan Stanley analyst Adam Jonas maintained an Overweight rating on the stock and cut the price target from $16 to $15 on Oct. 31, 2023. This analyst has an accuracy rate of 65%.
- Benchmark analyst Michael Ward reiterated a Buy rating with a price target of $20 on July 31, 2023. This analyst has an accuracy rate of 72%.
- Recent News: Ford Motor is reportedly cutting production of its F-150 Lightning electric pickup truck by about half, starting next year, citing a change in market demand.
- Dividend Yield: 5.60%
- DA Davidson analyst Linda Bolton Weiser maintained a Buy rating and cut the price target from $71 to $60 on Oct. 27, 2023. This analyst has an accuracy rate of 62%.
- Stifel analyst Drew Crum maintained a Buy rating and raised the price target from $79 to $94 on Aug. 25, 2023. This analyst has an accuracy rate of 72%.
- Recent News: Hasbro announced additional strategic steps to steer the business for future growth after a review of its cost structure and organizational design, including a revised organizational structure.
- Dividend Yield: 5.05%
- Piper Sandler analyst Abbie Zvejnieks upgraded the stock from Neutral to Overweight and raised the price target from $24 to $33 on Dec. 14, 2023. This analyst has an accuracy rate of 70%.
- Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating and boosted the price target from $22 to $31 on Nov. 30, 2023. This analyst has an accuracy rate of 60%.
- Recent News: Foot Locker reported better-than-expected third-quarter financial results and updated guidance.
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