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Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks With Over 6% Dividend Yields -

iconBenzinga

2024-06-24 16:09

Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks With Over 6% Dividend Yields -

  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 consumer discretionary sector.

  Kohls Corporation KSS

  •   Dividend Yield:8.75%

  •   JP Morgan analyst Matthew Boss maintained a Neutral rating and cut the price target from $25 to $20 on May 31. This analyst has an accuracy rate of 68%.

  •   Baird analyst Mark Altschwager maintained an Outperform rating and cut the price target from $32 to $27 on May 31. This analyst has an accuracy rate of 70%.

  •   Recent News:On May 30, the company reported a first-quarter FY24 sales decline of 5.3% year-on-year to $3.178 billion, missing the analyst consensus estimate of $3.335 billion.

  •   Benzinga Pro's real-time newsfeed alerted to latest Kohls news

  Whirlpool Corporation WHR

  •   Dividend Yield:7.74%

  •   RBC Capital analyst Mike Dahl maintained an Underperform rating and cut the price target from $85 to $79 on April 26. This analyst has an accuracy rate of 75%.

  •   JP Morgan analyst Michael Rehaut maintained a Neutral rating and slashed the price target from $120 to $111 on Feb. 2. This analyst has an accuracy rate of 74%.

  •   Recent News:On April 24, Whirlpool posted better-than-expected quarterly results.

  •   Benzinga Pro's charting tool helped identify the trend in Whirlpool's stock.

  The Wendys Company WEN

  •   Dividend Yield:6.00%

  •   TD Cowen analyst Andrew Charles reiterated a Hold rating with a price target of $19 on June 13. This analyst has an accuracy rate of 73%.

  •   JP Morgan analyst JohnIvankoemaintained a Neutral rating and raised the price target from $19 to $20 on June 3. This analyst has an accuracy rate of 72%.

  •   Recent News:On May 23, Wendys announced the appointment of Abigail Pringle to the newly-created role of President, U.S. and E.J. Wunsch to President, International.

  •   Benzinga Pro's signals feature notified of a potential breakout in Wendys shares.

Disclaimer:The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.