Wall Street's Most Accurate Analysts' Views On 3 Energy Stocks With Over 7% 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 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: 9.41%
- Goldman Sachs analyst Neil Mehta maintained a Sell rating and cut the price target from $24 to $21 on Dec. 6, 2024. This analyst has an accuracy rate of 69%.
- JP Morgan analyst Phil Gresh maintained an Underweight rating and lowered the price target from $26 to $23 on Oct. 2, 2024. This analyst has an accuracy rate of 61%.
- Recent News: Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P. announced results of tender offer for up to 17,753,322 shares of common stock of CVR Energy.
- Benzinga Pro's real-time newsfeed alerted to latest CVI news.
DHT Holdings, Inc. (NYSE:DHT)
- Dividend Yield: 7.73%
- Jefferies analyst Omar Nokta maintained a Buy rating with a price target of $14 on Nov. 13, 2024. This analyst has an accuracy rate of 66%.
- Stifel analyst Benjamin Nolan maintained a Hold rating and cut the price target from $13 to $11 on Oct. 23, 2024. This analyst has an accuracy rate of 72%.
- Recent News: DHT Holdings announced that the Company has purchased 1,481,383 of its own shares in the open market, equivalent to 0.9% of its outstanding shares, at an average price of $8.8899.
- Benzinga Pro's real-time newsfeed alerted to latest DHT news
Ardmore Shipping Corporation (NYSE:ASC)
- Dividend Yield: 8.16%
- Jefferies analyst Omar Nokta maintained a Buy rating and cut the price target from $20 to $17 on Nov. 14, 2024. This analyst has an accuracy rate of 66%.
- Stifel analyst Benjamin Nolan downgraded the stock from Buy to Hold and cut the price target from $24 to $17 on Oct. 23, 2024. This analyst has an accuracy rate of 72%.
- Recent News: On Nov. 6, Ardmore Shipping posted downbeat quarterly earnings.
- Benzinga Pro’s real-time newsfeed alerted to latest ASC news
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Posted-In: energy stocksNews Dividends Price Target Pre-Market Outlook Markets Analyst Ratings Trading Ideas
