Wall Street's Most Accurate Analysts Say Hold These 3 Consumer Stocks With Over 5% Dividend Yields - Crac

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.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Dividend Yield: 5.32%
Piper Sandler analyst Brian Mullan initiated coverage on the stock with a Neutral rating and a price target of $96 on July 18, 2023. This analyst has an accuracy rate of 76%.
Truist Securities analyst Jake Bartlett maintained a Hold rating and cut the price target from $103 to $97 on June 7, 2023. This analyst has an accuracy rate of 83%.
Recent News: Cracker Barrel Old Country Store named Julie Felss Masino to succeed Sandra B. Cochran as next President and CEO.

V.F. Corporation (NYSE:VFC)

Dividend Yield: 5.87%
Barclays analyst Adrienne Yih maintained an Equal-Weight rating and slashed the price target from $26 to $20 on May 25, 2023. This analyst has an accuracy rate of 72%.
UBS analyst Jay Sole maintained a Neutral rating and cut the price target from $28 to $24 on March 29, 2023. This analyst has an accuracy rate of 71%.
Recent News: VF Corp disclosed the appointment of Bracken Darrell as President and CEO.

Foot Locker, Inc. (NYSE:FL)

Dividend Yield: 6.13%
Goldman Sachs Kate McShane maintained a Neutral rating and cut the price target from $37 to $29 on May 23, 2023. This analyst has an accuracy rate of 70%.
TD Cowen analyst John Kernan maintained a Market Perform rating and cut the price target from $39 to $26 on May 22, 2023. This analyst has an accuracy rate of 70%.
Recent News: Foot Locker reported worse-than-expected financial results. First-quarter revenue of $1.93 billion missed estimates of $1.99 billion.

CBRLCracker Barrel Old Country Store Inc

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