Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields
$AM
$CVI
$DHT
Natural Gas Distribution
Utilities
Integrated oil Companies
Energy
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 energy sector.
CVR Energy, Inc. (NYSE:CVI)
- Dividend Yield: 7.88%
- Scotiabank analyst Paul Cheng maintained a Sector Underperform rating and cut the price target from $29 to $24 on July 12. This analyst has an accuracy rate of 61%.
- JP Morgan analyst Phil Gresh maintained an Underweight rating and slashed the price target from $30 to $26 on July 2. This analyst has an accuracy rate of 60%.
- Recent News: CVR Energy will release its second quarter earnings results on Monday, July 29, after the closing bell.
- Benzinga Pro's real-time newsfeed alerted to latest CVI news
DHT Holdings, Inc. (NYSE:DHT)
- Dividend Yield: 10.00%
- Stifel analyst Benjamin Nolan maintained a Hold rating and raised the price target from $12 to $13 on July 24. This analyst has an accuracy rate of 77%.
- Jefferies analyst Omar Nokta upgraded the stock from Hold to Buy and increased the price target from $11 to $14 on March 21. This analyst has an accuracy rate of 79%.
- Recent News: On July 24, DHT Holdings issued a business update.
- Benzinga Pro's charting tool helped identify the trend in DHT's stock.
Antero Midstream Corporation (NYSE:AM)
- Dividend Yield: 6.18%
- Goldman Sachs analyst John Mackayreinstated a Neutral rating with a price target of $12.5 on Oct. 6, 2023. This analyst has an accuracy rate of 70%.
- UBS analyst Brian Reynolds maintained a Buy rating and cut the price target from $15 to $14 on Oct. 5, 2023. This analyst has an accuracy rate of 76%.
- Recent News: Antero Resources will issue its second quarter earnings on Wednesday, July 31.
- Benzinga Pro's signals feature notified of a potential breakout in AM shares.
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