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 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 financials sector.
Invesco Mortgage Capital Inc. IVR
- Dividend Yield: 17.51%
- JMP Securities analyst Trevor Cranston reiterated a Market Perform rating on Aug. 28. This analyst has an accuracy rate of 64%.
- UBS analyst Douglas Harter initiated coverage on the stock with a Neutral rating and a price target of $8 on Dec. 6, 2023. This analyst has an accuracy rate of 63%.
- Recent News: On Aug. 8, the company posted a second-quarter net loss per common share of 38 cents per share, versus net income of 49 cents per share in the first quarter of 2024.
- Benzinga Pro’s real-time newsfeed alerted to latest IVR news
AGNC Investment Corp. AGNC
- Dividend Yield: 13.51%
- RBC Capital analyst Kenneth Lee maintained an Outperform rating and raised the price target from $10 to $11 on Aug. 16. This analyst has an accuracy rate of 68%
- Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating and raised the price target from $10 to $10.25 on July 25. This analyst has an accuracy rate of 72%.
- Recent News: On Sept. 13, AGNC Investment said its Board of Directors declared a cash dividend of 12 cents per share of common stock for Sept.
- Benzinga Pro’s charting tool helped identify the trend in AGNC stock.
Two Harbors Investment Corp. TWO
Dividend Yield: 12.78%
- JMP Securities analyst Trevor Cranston reiterated a Market Outperform rating with a price target of $15 on Aug. 28. This analyst has an accuracy rate of 64%.
- JP Morgan analyst Richard Shane maintained a Neutral rating and increased the price target from $12.5 to $13 on July 16. This analyst has an accuracy rate of 68%.
- Recent News: On Sept. 18, Two Harbors Investment announced Appointments of Head of Servicing at RoundPoint and Chief Technology Officer.
- Benzinga Pro’s signals feature notified of a potential breakout in TWO shares.
Read More:
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.