In times of market volatility, investors often seek solace in dividend-yielding stocks, particularly those with robust free cash flow and attractive dividend payouts. To aid investors, Benzinga provides a platform for exploring analyst opinions on various stocks, including those with high dividend yields.
Here, we examine the most recent analyst ratings for three prominent stocks in the financial sector known for their high dividends:
Invesco Mortgage Capital Inc. (IVR)
: This company offers a dividend yield of 17.51%. On August 28, JMP Securities analyst Trevor Cranston maintained a ‘Market Perform’ rating, displaying an accuracy rate of 64%. Additionally, UBS analyst Douglas Harter initiated coverage with a ‘Neutral’ rating and a $8 price target on December 6, 2023, boasting a 63% accuracy rate.Recent news surrounding IVR includes a second-quarter net loss per common share of 38 cents, reported on August 8, contrasting with a net income of 49 cents per share in the first quarter of 2024.
AGNC Investment Corp. (AGNC)
: Boasting a dividend yield of 13.51%, AGNC has garnered positive analyst sentiment. RBC Capital analyst Kenneth Lee upheld an ‘Outperform’ rating on August 16, increasing the price target from $10 to $11. Lee’s accuracy rate stands at 68%. Similarly, Keefe, Bruyette & Woods analyst Bose George maintained an ‘Outperform’ rating, raising the price target to $10.25 on July 25. George boasts an accuracy rate of 72%.AGNC made headlines on September 13 when its Board of Directors declared a cash dividend of 12 cents per share of common stock.
Two Harbors Investment Corp. (TWO)
: This company features a dividend yield of 12.78%. JMP Securities analyst Trevor Cranston reiterated a ‘Market Outperform’ rating with a $15 price target on August 28. Cranston has an accuracy rate of 64%. JP Morgan analyst Richard Shane maintained a ‘Neutral’ rating, increasing the price target from $12.5 to $13 on July 16. Shane’s accuracy rate is 68%.Two Harbors Investment made news on September 18 with the announcement of appointments for Head of Servicing at RoundPoint and Chief Technology Officer.
Benzinga Pro offers valuable resources for investors to track these stocks and analyze their potential. Its real-time newsfeed keeps users abreast of the latest developments, while charting tools allow for trend identification.
