During times of market turmoil and uncertainty, many investors turn to dividend stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can check out the latest analyst opinions on their favorite stocks by visiting our Analyst stock ratings book page. Traders can search Benzinga’s extensive database of analyst ratings, including by analyst accuracy. Here’s a look at the latest valuations of high-yield dividend stocks from Wall Street’s most accurate analysts, according to Benzinga Analyst Stock reviews.
Below are the most accurate analysts’ ratings for three high-yield stocks in the industrials sector.
Genco Shipping & Trading Limited GNK
- Dividend Yield: 13.06%
- stalk Analyst Benjamin Nolan kept a Buy rating and increased the price target from $23 to $24 on April 25, 2023. This analyst has an accuracy rate of 72%.
- Jefferies Analyst Omar Nokta reiterated a Buy rating with a price target of $20 on February 23, 2023. This analyst has an accuracy rate of 67%.
- Latest news: Genco Shipping & Trading announced that Apostolos Zafolias, Chief Financial Officer and Executive Vice President, Finance, will be leaving the company.
The Greenbrier Companies, Inc. GBX
- Dividend Yield: 3.95%
- Stephen & co. Analyst Justin Long maintained an Overweight position and increased the price target to $38 from $36 on April 11, 2023. This analyst has an accuracy rate of 65%.
- Cowen & Co. Analyst Matt Elkott kept an Outperform rating and lowered the price target to $47 from $54 on July 13, 2022. This analyst has an accuracy rate of 74%.
- Latest news: Greenbrier Companies is targeting an aggregate gross margin in the mid-teens by fiscal 2026.
MSC Industrial Direct Co., Inc. MSM
- Dividend Yield: 3.53%
- key bank Analyst Ken Newman maintained an Overweight position and increased the price target to $105 from $97 on April 21, 2023. This analyst has an accuracy rate of 67%.
- Baird Analyst…
[ad_2]
Source story