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Check Out 3 High-Yielding Dividend Stocks In Utilities Sector From Wall Street's Most Accurate Analysts

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Check Out 3 High-Yielding Dividend Stocks In Utilities Sector From Wall Street's Most Accurate Analysts

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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.

Dominion Energy, Inc. (NYSE: D)

  • Dividend Yield: 4.67%
  • JP Morgan analyst Jeremy Tonet maintained a Neutral rating and raised the price target from $59 to $63 on April 18, 2023. This analyst has an accuracy rate of 61%.
  • Guggenheim analyst Shahriar Pourreza maintained a Buy rating and cut the price target from $69 to $63 on Feb. 28, 2023. This analyst has an accuracy rate of 64%.
  • Recent News: Dominion Energy issued Q1 EPS guidance below analyst estimates.

NRG Energy, Inc. (NYSE: NRG)

  • Dividend Yield: 4.42%
  • B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Neutral to Buy on March 20, 2023. This analyst has an accuracy rate of 69%.
  • Goldman Sachs analyst Michael Lapides maintained a Buy rating and cut the price target from $52 to $46 on Aug. 9, 2022. This analyst has an accuracy rate of 63%.
  • Recent News: NRG Energy reported full year 2022 net income of $1.2 billion.

Avista Corporation (NYSE: AVA)

  • Dividend Yield: 4.18%
  • Mizuho analyst Anthony Crowdell downgraded the stock from Neutral to Underperform and cut the price target from $45 to $38 on Feb. 9, 2023. This analyst has an accuracy rate of 65%.
  • Keybanc analyst Sophie Karp maintained an Underweight rating and cut the price target from $33 to $32 on Jan. 17, 2023. This analyst has an accuracy rate of 64%.
  • Recent News: Avista recently signed a renewable natural gas contract.

Read More: Top 4 Tech Stocks That May Fall Off A Cliff

 

Related Articles (AVA + D)

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