In turbulent market times, investors often seek refuge in high-dividend yielding stocks. These stocks typically represent companies with robust free cash flows and a penchant for rewarding shareholders with healthy payouts.
You can now tap into the latest insights from top Wall Street analysts. Benzinga’s Analyst Stock Ratings page acts as a treasure trove, enabling traders to sift through a vast database of ratings, including rankings by analyst accuracy. Here’s a peek into the most recent high-yield dividend stock ratings from Wall Street’s most accurate analysts, according to Benzinga’s Analyst Stock Ratings.
Below, you’ll find the verdicts of the most accurate analysts on three high-yielding real estate stocks.
The Fallout for Uniti Group Inc. UNIT
- Dividend Yield: 11.45%
- B of A Securities: Analyst David Barden downgraded the stock from Neutral to Underperform. On Nov. 7, 2023, the price target plummeted from $5 to $3.5, courtesy of Barden, who boasts an accuracy rate of 63%.
- Morgan Stanley: Analyst Simon Flannery opted to maintain an Underweight rating. On June 1, 2023, he slashed the price target from $7 to $6, holding an accuracy rate of 67%.
- Recent Development: On Nov. 2, Uniti Group divulged weaker-than-expected quarterly sales results.
The Verdict on Medical Properties Trust, Inc. MPW
- Dividend Yield: 26.83%
- JP Morgan: Analyst Michael Lapides stuck to an Underweight rating. He trimmed the price target from $8 to $5 on Nov. 29, 2023, with an accuracy rate of 60%.
- Wells Fargo: Analyst Connor Siversky also sustained an Underweight rating and nipped the price target from $7 to $4 on Oct. 17, 2023. Siversky boasts an accuracy rate of 65%.
- Recent Development: Medical Properties Trust recently announced plans to recoup uncollected rents and outstanding loan obligations from Steward Health Care System.
Discovering the Fate of National Storage Affiliates Trust NSA
- Dividend Yield: 5.94%
- Wells Fargo: Analyst Todd Stender upheld an Underweight rating and hoisted the price target from $32 to $36 on Dec. 12, 2023, showcasing an accuracy rate of 68%.
- Evercore ISI Group: Analyst Steve Sakwa demoted the stock from In-Line to Underperform and bumped the price target from $32 to $35 on Dec. 11, 2023, with a respectable accuracy rate of 61%.
- Recent Development: National Storage, in November, posted better-than-anticipated third-quarter sales.
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