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 energy sector.
Valero Energy Corporation (NYSE:VLO)
- Dividend Yield: 3.31%
- Raymond James analyst Justin Jenkins maintained a Strong Buy rating and cut the price target from $156 to $154 on Oct. 27, 2023. This analyst has an accuracy rate of 77%.
- Piper Sandler analyst Ryan Todd maintained an Overweight rating and increased the price target from $168 to $171 on Oct. 3, 2023. This analyst has an accuracy rate of 76%.
- Recent News: Valero Energy reported a third-quarter FY23 revenue decline of 13.6% year-over-year to $38.404 billion, missing the consensus of $38.495 billion.
HF Sinclair Corporation (NYSE:DINO)
- Dividend Yield: 3.33%
- Piper Sandler analyst Ryan Todd maintained an Overweight rating and cut the price target from $73 to $65 on Oct. 9, 2023. This analyst has an accuracy rate of 76%.
- BMO Capital analyst Philip Jungwirth initiated coverage on the stock with an Outperform rating and a price target of $65 on Oct. 5, 2023. This analyst has an accuracy rate of 73%.
- Recent News: HF Sinclair reported third-quarter revenue of $8.91 billion, beating the consensus of $8.658 billion.
Atlas Energy Solutions Inc. (NYSE:AESI)
- Dividend Yield: 4.65%
- Citigroup analyst Scott Gruber maintained a Buy rating and raised the price target from $23 to $26 on Aug. 16, 2023. This analyst has an accuracy rate of 65%.
- Goldman Sachs analyst Neil Mehta maintained a Buy rating and increased the price target from $22 to $24 on Aug. 4, 2023. This analyst has an accuracy rate of 70%.
- Recent News: Atlas Energy Solutions posted downbeat earnings for the third quarter.
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