These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
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 industrials sector.
Genco Shipping & Trading Limited (NYSE:GNK)
- Dividend Yield: 4.95%
- Jefferies analyst Omar Nokta maintained a Buy rating and increased the price target from $26 to $27 on May 9. This analyst has an accuracy rate of 80%.
- Stifel analyst Benjamin Nolan maintained a Buy rating and raised the price target from $22 to $23 on April 19. This analyst has an accuracy rate of 75%.
- Recent News: On May 8, Genco Shipping & Trading posted downbeat quarterly earnings.
Star Bulk Carriers Corp. (NASDAQ:SBLK)
- Dividend Yield: 5.53%
- Stifel analyst Benjamin Nolanmaintained a Buy rating and raised the price target from $76 to $83 on Feb. 14. This analyst has an accuracy rate of 75%.
- Jefferies analyst Omar Noktamaintained a Buy rating and boosted the price target from $22 to $24 on Nov. 30, 2023. This analyst has an accuracy rate of 80%.
- Recent News: On April 9, Star Bulk completed merger with Eagle Bulk.
Trinity Industries, Inc. (NYSE:TRN)
- Dividend Yield: 3.59%
- TD Cowen analyst Matt Elkott maintained a Buy rating and raised the price target from $30 to $33 on May 2. This analyst has an accuracy rate of 74%.
- Wells Fargo analyst Allison Poliniak maintained an Overweight rating and raised the price target from $27 to $31 on Aug. 2, 2023. This analyst has an accuracy rate of 68%.
- Recent News: On May 1, Trinity Industries reported better-than-expected first-quarter financial results.
Read More: How To Earn $500 A Month From Home Depot Stock Ahead Of Q1 Earnings