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

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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 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. 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. 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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