During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can read the latest analyst take on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including analyst accuracy. According to Benzinga's Analyst Stock Ratings, here is a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts.
The analysts' ratings for three high-yielding stocks in the consumer discretionary sector are below.
Brian Nagel, the analyst at Oppenheimer, downgraded the stock from Outperform to Perform on January 10, 2018. The analyst has an accuracy rate of 76%.
Guggenheim analyst Robert Drbul maintained a Buy rating, and cut the price target from $68 to $44 on July 5, 2022. The analyst has an accuracy rate of 80%.