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These 3 Financial Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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These 3 Financial Stocks With Over 5% Dividend Yields Are Recommended By 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 financial sector.

Truist Financial Corporation (NYSE: TFC)

  • Dividend Yield: 5.78%
  • RBC Capital analyst Gerard Cassidy maintained an Outperform rating and raised the price target from $40 to $42 on Jan. 19, 2024. This analyst has an accuracy rate of 64%.
  • Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating and increased the price target from $42 to $44 on Jan. 19, 2024. This analyst has an accuracy rate of 74%.
  • Recent News: Truist Financial agreed to sell Sterling Capital Management To Guardian Capital Group's subsidiary.

Virtu Financial, Inc. (NASDAQ: VIRT)

  • Dividend Yield: 5.76%
  • UBS analyst Alex Kramm maintained a Neutral rating and lowered the price target from $20 to $18 on Jan. 26, 2024. This analyst has an accuracy rate of 74%.
  • Citigroup analyst Christopher Allen maintained a Buy rating and cut the price target from $22 to $21 on Jan. 26, 2024. This analyst has an accuracy rate of 69%.
  • Recent News: Virtu reported worse-than-expected fourth-quarter financial results..

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI)

  • Dividend Yield: 6.27%
  • Morgan Stanley analyst Robert Kad upgraded the stock from Equal-Weight to Overweight with a price target of $23 on Oct. 17, 2023. This analyst has an accuracy rate of 75%.
  • B of A Securities analyst Julien Dumoulin-Smith upgraded the stock from Neutral to Buy with a price target of $27 on Aug. 15, 2023. This analyst has an accuracy rate of 67%.
  • Recent News: Hannon Armstrong Sustainable Infrastructure Capital priced upsized add-on private offering of $200 million 8.00% green senior unsecured notes due 2027.

 

Read More: Lumen Technologies And 2 Other Stocks Under $2 Insiders Are Buying

 

Related Articles (TFC + HASI)

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