Wall Street's Most Accurate Analysts Say Hold These 3 Consumer 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. 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 consumer discretionary sector.

Franchise Group, Inc. FRG

  • Dividend Yield: 8.74%
  • CJS Securities analyst Lawrence Solow downgraded the stock from Market Outperform to Market Perform and announced a $30 price target on June 13, 2023. This analyst has an accuracy rate of 67%.
  • Barrington Research analyst Alexander Paris downgraded the stock from Outperform to Market Perform on May 15, 2023. This analyst has an accuracy rate of 62%.
  • Recent News: Franchise Group announced definitive agreement to be acquired by a consortium led by Management Group.

Camping World Holdings, Inc. CWH

  • Dividend Yield: 8.41%
  • BMO Capital analyst Gerrick Johnson maintained a Market Perform rating and cut the price target from $30 to $26 on Feb. 23, 2023. This analyst has an accuracy rate of 63%.
  • Truist Securities analyst Michael Swartz maintained a Hold rating and slashed the price target from $30 to $25 on Sept. 23, 2022. This analyst has an accuracy rate of 79%.
  • Recent News: Camping World said that it is set to acquire multi-location RV dealer Crain RV in Arkansas.

The Gap, Inc. GPS

  • Dividend Yield: 6.75%
  • Barclays analyst Adrienne Yih reiterated an Equal-Weight rating and cut the price target from $10 to $9 on May 30, 2023. This analyst has an accuracy rate of 72%.
  • Baird analyst Mark Altschwager maintained a Neutral rating and lowered the price target from $12 to $10 on May 26, 2023. This analyst has an accuracy rate of 67%.
  • Recent News: Gap reported better-than-expected first-quarter adjusted EPS results and issued guidance.

 

Read More: Levi Strauss, VBI Vaccines And 3 Stocks To Watch Heading Into Thursday

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