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 utilities sector.
Atlantica Sustainable Infrastructure plc AY
- Dividend Yield: 8.11%
- Seaport Global analyst Angie Storozynski downgraded rating on the stock from Buy to Neutral on May 29. This analyst has an accuracy rate of 75%.
- BMO Capital analyst James Thalacker maintained a Market Perform rating and raised the price target from $20 to $23 on May 10. This analyst has an accuracy rate of 75%
- Recent News: On Aug. 1, Atlantica Sustainable posted better-than-expected quarterly sales.
- Benzinga Pro’s real-time newsfeed alerted to latest AY news.
Clearway Energy, Inc. CWEN
- Dividend Yield: 6.43%
- Jefferies analyst Julien Dumoulin-Smith initiated coverage on the stock with a Buy rating and a price target of $68 on Sept. 20. This analyst has an accuracy rate of 68%.
- Morgan Stanley analyst Robert Kad upgraded the stock from Equal-Weight to Overweight and boosted the price target from $25 to $36 on July 31. This analyst has an accuracy rate of 79%.
- Recent News: Clearway Energy will report third quarter 2024 financial results on Wednesday, Oct. 30.
- Benzinga Pro’s real-time newsfeed alerted to latest CWEN news.
Spire Inc. SR
- Dividend Yield: 4.66%
- Ladenburg Thalmann analyst Paul Fremont downgraded the stock from Neutral to Sell and cut the price target from $65.5 to $60.5 on Oct. 17. This analyst has an accuracy rate of 62%.
- Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and raised the price target from $72 to $73 on Oct. 16. This analyst has an accuracy rate of 69%.
- Recent News: Spire will host a conference call and webcast on Wednesday, Nov. 20 to discuss fiscal 2024 fourth quarter financial results.
- Benzinga Pro’s charting tool helped identify the trend in SR stock.
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