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 .
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
CMS Energy Corporation (NYSE:CMS)
- Dividend Yield: 3.39%
- BMO Capital analyst James Thalacker maintained an Outperform rating and increased the price target from $67 to $68 on April 26. This analyst has an accuracy rate of 64%.
- JP Morgan analyst Richard Sunderland maintained an Overweight rating and raised the price target from $65 to $66 on March 13. This analyst has an accuracy rate of 64%.
- Recent News: On April 25, CMS Energy posted better-than-expected quarterly earnings.
Sempra (NYSE:SRE)
- Dividend Yield: 3.45%
- Barclays analyst Eric Beaumontmaintained an Overweight rating and increased the price target from $77 to $79 on March 14. This analyst has an accuracy rate of 70%.
- RBC Capital analyst Shelby Tucker reiterated an Outperform rating with a price target of $82 on March 6. This analyst has an accuracy rate of 62%.
- Recent News: Sempra is expected to release its first-quarter 2024 earnings on Tuesday, May 7.
PPL Corporation (NYSE:PPL)
- Dividend Yield: 3.68%
- B of A Securities analyst Julien Dumoulin-Smithmaintained a Buy rating and raised the price target from $29 to $30 on April 11. This analyst has an accuracy rate of 68%.
- RBC Capital analyst Shelby Tucker maintained an Outperform rating and boosted the price target from $30 to $31 on April 11. This analyst has an accuracy rate of 62%.
- Recent News: On May 1, PPL posted better-than-expected quarterly earnings.
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