Wall Street’s Most Accurate Analysts’ Views On 3 Financial Stocks With Over 6% Dividend Yields

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 .

Below are the ratings of the most accurate analysts for three high-yielding stocks in the financial sector.

Main Street Capital Corporation (NYSE:MAIN)

  • Dividend Yield: 6.04%
  • Truist Securities analyst Mark Hughes maintained a Hold rating and raised the price target from $43 to $45 on Feb. 26, 2024. This analyst has an accuracy rate of 84%.
  • RBC Capital analyst Kenneth Lee maintained an Outperform rating and raised the price target from $46 to $48 on Jan. 22, 2024. This analyst has an accuracy rate of 65%.
  • Recent News: On Feb. 22, Main Street Capital posted upbeat quarterly earnings.

New York Community Bancorp, Inc. (NYSE:NYCB)

  • Dividend Yield: 6.21%
  • Raymond James analyst Steve Moss downgraded the stock from Market Perform to Underperform on March 18, 2024. This analyst has an accuracy rate of 60%.
  • Keefe, Bruyette & Woods analyst Christopher Mcgratty maintained a Market Perform rating and lowered the price target from $7.5 to $3.75 on March 11, 2024. This analyst has an accuracy rate of 66%.
  • Recent News: On March 6, New York Community Bancorp announced an equity investment of over $1 billion by investors including Liberty Strategic Capital, Hudson Bay and Reverence Capital.

Starwood Property Trust, Inc. (NYSE:STWD)

  • Dividend Yield: 9.65%
  • Wells Fargo analyst Donald Fandetti maintained an Outperform rating and increased the price target from $21 to $22 on Feb. 23, 2024. This analyst has an accuracy rate of 70%.
  • JP Morgan analyst Richard Shane maintained an Overweight rating and raised the price target from $20.5 to $21 on Feb. 23, 2024. This analyst has an accuracy rate of 67%.
  • Recent News: Starwood Property Trust said it will release its first quarter 2024 financial results on May 8, 2024.

 

Read More: Investor Optimism Decreases Slightly; Inflation Data In Focus



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