Wall Street's Most Accurate Analysts Weigh In On 3 Materials Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, 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: 6.02%
- Deutsche Bank analyst David Begleiter maintained a Buy rating and raised the price target from $12 to $15 on May 28. This analyst has an accuracy rate of 74%.
- Goldman Sachs analyst Duffy Fischer maintained a Sell rating and increased the price target from $9 to $11 on May 16. This analyst has an accuracy rate of 61%.
- Recent News: On May 8, Kronos Worldwide posted better-than-expected quarterly earnings.
- Benzinga Pro's real-time newsfeed alerted to latest KRO's news
Huntsman Corporation (NYSE:HUN)
- Dividend Yield: 4.42%
- JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Underweight to Overweight and raised the price target from $22 to $27 on June 7. This analyst has an accuracy rate of 67%.
- Goldman Sachs analyst Duffy Fischer maintained a Sell rating and increased the price target from $25 to $28 on March 5. This analyst has an accuracy rate of 61%.
- Recent News: On May 2, Huntsman posted weak quarterly sales.
- Benzinga Pro's charting tool helped identify the trend in HUN's stock.
FMC Corporation (NYSE:FMC)
- Dividend Yield: 4.17%
- JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and cut the price target from $53 to $50 on May 13. This analyst has an accuracy rate of 67%.
- Keybanc analyst Aleksey Yefremov maintained an Overweight rating and increased the price target from $79 to $81 on May 8. This analyst has an accuracy rate of 67%.
- Recent News: FMC said it will release its second quarter 2024 earnings on Wednesday, July 31, after the closing bell.
- Benzinga Pro's signals feature notified of a potential breakout in FMC's shares.
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