Benzinga - by Lisa Levin, Benzinga Editor.
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 industrials sector.
Star Bulk Carriers Corp. (NASDAQ: SBLK)
- Dividend Yield: 13.76%
- Stifel analyst Benjamin Nolan maintained a Buy rating and cut the price target from $30 to $25 on Oct. 19, 2023. This analyst has an accuracy rate of 68%.
- Jefferies analyst Omar Nokta reiterated a Buy rating with a price target of $22 on Aug. 4, 2023. This analyst has an accuracy rate of 70%.
- Recent News: Star Bulk announced repurchase of additional 10 million of its common shares from Oaktree.
- Dividend Yield: 3.73%
- Raymond James analyst Savanthi Syth maintained a Strong Buy rating and cut the price target from $155 to $152 on July 20, 2023. This analyst has an accuracy rate of 64%.
- HSBC analyst Alexandre Falcao maintained a Buy rating and slashed the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Copa Holdings said it will release earnings results for the third quarter on Nov. 15, 2023.
- Dividend Yield: 6.94%
- Sifel analyst Benjamin Nolan maintained a Buy rating and cut the price target from $23 to $22 on Oct. 19, 2023. This analyst has an accuracy rate of 68%.
- BTIG analyst Gregory Lewis maintained a Buy rating and cut the price target from $22 to $20 on July 21, 2023. This analyst has an accuracy rate of 70%.
- Recent News: Genco Shipping & Trading posted a narrower-than-expected third-quarter loss.
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