share_log

Wall Street's Most Accurate Analysts Say Hold These 3 Real Estate Stocks Delivering High-Dividend Yields

Benzinga ·  May 16 07:56

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 real estate sector.

Equity Residential (NYSE:EQR)

  • Dividend Yield: 4.00%
  • Evercore ISI Group analyst Steve Sakwa downgraded the stock from Outperform to In-Line with a price target of $70 on May 13. This analyst has an accuracy rate of 60%.
  • Wedbush analyst Richard Anderson reiterated a Neutral rating with a price target of $68 on April 29. This analyst has an accuracy rate of 67%.
  • Recent News: On April 23, Equity Residential posted better-than-expected quarterly earnings.

STAG Industrial, Inc. (NYSE:STAG)

  • Dividend Yield: 4.08%
  • RBC Capital analyst Michael Carrollmaintained a Sector Perform and raised the price target from $39 to $40 on Feb. 16. This analyst has an accuracy rate of 60%.
  • Baird analyst David Rodgersdowngraded the stock from Outperform to Neutral and increased the price target from $38 to $41 on Jan. 5. This analyst has an accuracy rate of 62%.
  • Recent News: On April 30, Stag Industrial posted upbeat quarterly results.

CubeSmart (NYSE:CUBE)

  • Dividend Yield: 4.74%
  • Evercore ISI Group analyst Steve Sakwamaintained an In-Line rating and increased the price target from $43 to $45 on March 4. This analyst has an accuracy rate of 60%.
  • Truist Securities analyst Ki Bin Kimmaintained a Hold rating and raised the price target from $43 to $46 on Dec. 28, 2023. This analyst has an accuracy rate of 63%.
  • Recent News: On April 25, CubeSmart posted upbeat quarterly sales.

Read More: Jim Cramer: This Industrial Company Is 'Absolutely Terrific', Recommends Buying Modine Manufacturing

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment