Editor’s note: This story has been corrected to remove Hawaiian Electric Industries, which has suspended its dividend.
Amid market turbulence, dividend-yielding stocks, reflective of robust free cash flows, provide an anchor for many investors. These companies reward shareholders handsomely, making for a lucrative investment proposition during tumultuous market conditions.
For the latest takes from top analysts, traders can visit our Analyst Stock Ratings page to explore Benzinga’s comprehensive database, sorted by analyst accuracy. Here, we present the recent high-yield dividend stock ratings from Wall Street’s most accurate analysts, curated by Benzinga’s Analyst Stock Ratings.
Here are the ratings from the most accurate analysts for two high-yielding stocks in the utilities sector.
Atlantica Sustainable Infrastructure plc AY
- Dividend Yield: 9.20%
- Raymond James analyst David Quezada downgraded the stock from Outperform to Market Perform on Oct. 26, 2023, with an accuracy rate of 61%.
- JP Morgan analyst Mark Strouse maintained a Neutral rating and reduced the price target from $27 to $21 on Oct. 19, 2023, with an accuracy rate of 68%.
- Recent News: In November, Atlantica Sustainable reported better-than-expected third-quarter earnings.
NorthWestern Energy Group, Inc. NWE
- Dividend Yield: 5.40%
- Wells Fargo analyst Jonathan Reeder upgraded the stock from Equal-Weight to Overweight but revised the price target from $59 to $51 on Oct. 30, 2023, boasting an accuracy rate of 60%.
- Barclays analyst Erix Beaumont initiated coverage on the stock with an Underweight rating and a price target of $48 on Aug. 23, 2023, with an accuracy rate of 70%.
- Recent News: NorthWestern, in October, presented worse-than-expected third-quarter results.
Read More: Investor Sentiment Increases Further; S&P 500 Surges To All-Time High
