Wall Street's Most Accurate Analysts' Views On 3 Tech And Telecom 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 communication services sector.

Sinclair, Inc.  (NASDAQ:SBGI)

• Dividend Yield: 6.87%
• Rosenblatt analyst Barton Crockett maintained a Neutral rating and raised the price target from $10.4 to $15.7 on Jan 18. This analyst has an accuracy rate of 68%.
• Guggenheim analyst Curry Baker maintained a Buy rating and cut the price target from $30 to $20 on Nov. 3, 2023. This analyst has an accuracy rate of 67%.
• Recent News: On May 8, Sinclair reported financial results for the three months ended March 31, 2024.

Verizon Communications Inc. (NYSE:VZ)

• Dividend Yield: 6.64%
• Tigress Financial analyst Ivan Feinsethmaintained a Buy rating and raised the price target from $50 to $52 on May 17. This analyst has an accuracy rate of 71%.
• Oppenheimer analyst Timothy Horanmaintained an Outperform rating with a price target of $48 on April 23. This analyst has an accuracy rate of 70%.
• Recent News: On April 22, Verizon Communications reported fiscal first-quarter 2024 results. Its sales increased 0.2% year over year to $32.98 billion, marginally missing the consensus of $33.24 billion.

Telephone and Data Systems, Inc. (NYSE:TDS)

• Dividend Yield: 3.65%
• Morgan Stanley analyst Simon Flannery maintained an Equal-Weight rating and increased the price target from $15 to $18 on Sept. 11, 2023. This analyst has an accuracy rate of 65%.
• Citigroup analyst Michael Rollinsupgraded the stock from Neutral to Buy with a price target of $16 on Aug. 4, 2023. This analyst has an accuracy rate of 75%.
• Recent News: On May 3, Telephone and Data posted upbeat quarterly sales.

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