Wall Street's Most Accurate Analysts' Views On 3 Materials Stocks Delivering High-Dividend Yields
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 materials sector.
Kronos Worldwide, Inc. (NYSE:KRO)
- Dividend Yield: 6.06%
- Barclays analyst Michael Leithead maintained an Underweight rating and raised the price target from $7 to $8 on March 26. This analyst has an accuracy rate of 65%.
- Deutsche Bank analyst David Begleiter maintained a Buy rating and cut the price target from $12 to $11 on May 22, 2023. This analyst has an accuracy rate of 75%.
- Recent News: On May 8, Kronos Worldwide posted better-than-expected quarterly earnings.
Compass Minerals International, Inc. (NYSE:CMP)
- Dividend Yield: 4.74%
- JP Morgan analyst JeffreyZekauskasmaintained a Neutral rating and cut the price target from $24 to $21 on Feb. 9. This analyst has an accuracy rate of 71%.
- Stifel analyst Vincent Andersonmaintained a Buy rating and slashed the price target from $75 to $60 on Jan. 11. This analyst has an accuracy rate of 72%.
- Recent News: On May 7, Compass Minerals Intl reported second-quarter financial results and issued FY24 revenue guidance below estimates..
Huntsman Corporation (NYSE:HUN)
- Dividend Yield: 3.97%
- Wells Fargo analyst Michael Sisonupgraded the stock from Equal-Weight to Overweight on Feb. 23. This analyst has an accuracy rate of 72%.
- Stifel analyst Vincent Andersonmaintained a Buy rating and lowered the price target from $30 to $29 on Jan. 24. This analyst has an accuracy rate of 72%.
- Recent News: On May 2, Huntsman posted weak quarterly sales.
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