Check Out 3 High-Yielding Dividend Stocks In Financial Sector From Wall Street's Most Accurate Analysts

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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

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

Citizens Financial Group, Inc. CFG

  • Dividend Yield: 6.11%
  • Credit Suisse analyst Susan Roth Katzke maintained a Neutral rating and cut the price target from $44 to $35 on April 20, 2023. This analyst has an accuracy rate of 69%.
  • Baird analyst David George maintained an Outperform rating and slashed the price target of $48 to $44 on April 20, 2023. This analyst has an accuracy rate of 74%.
  • Recent News: Citizens Financial Group reported first-quarter revenue of $2.13 billion, up 29% Y/Y, below the consensus of $2.14 billion.

Moelis & Company MC

  • Dividend Yield: 6.58%
  • Goldman Sachs analyst Richard Ramsden maintained a Sell rating and raised the price target from $38 to $42 on Feb. 9, 2023. This analyst has an accuracy rate of 62%.
  • UBS analyst Brennan Hawken maintained a Sell rating and cut the price target from $32 to $30 on Jan. 9, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: Moelis posted weaker-than-expected quarterly earnings.

Columbia Banking System, Inc. COLB

  • Dividend Yield: 7.03%
  • Keefe, Bruyette & Woods analyst Christopher Mcgratty upgraded the stock from Market Perform to Outperform rating and cut the price target from $36 to $29 on April 6, 2023. This analyst has an accuracy rate of 62%.
  • Piper Sandler analyst Matthew Clark upgraded the stock from Neutral to Overweight rating with a price target of $32 on March 17, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: Columbia Banking System raised its quarterly dividend from 30 cents per share to 36 cents per share.

 

Read More: US Stocks Settle Mixed Amid Debt Ceiling Talks; Market Volatility Increases

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Posted In: NewsDividendsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading Ideasdividend yieldExpert IdeasfinancialWall Street's Most Accurate Analysts
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