When markets are volatile, investors often seek refuge in dividend-paying stocks. These companies often have strong cash flows and reward their shareholders with consistent dividend payouts. To guide investors, Benzinga provides a comprehensive platform for accessing the latest analyst ratings on their favorite stocks. Benzinga’s Analyst Stock Ratings page allows traders to filter through a vast database of expert opinions, even by the accuracy of the analysts themselves.
Here’s a closer look at the most accurate analysts’ ratings for three high-yielding stocks within the industrials sector:
ZIM Integrated Shipping Services Ltd. (ZIM)
*
Dividend Yield:
5.78%*
Analyst:
Omar Nokta, Jefferies*
Rating:
Buy*
Price Target:
$25 (raised from $22 on Aug. 20)*
Analyst Accuracy:
73%*
Recent News:
On Aug. 19, ZIM exceeded expectations with its second-quarter financial results and revised its FY24 guidance upwards. Benzinga Pro’s real-time newsfeed delivers timely updates on ZIM’s latest developments.Genco Shipping & Trading Limited (GNK)
*
Dividend Yield:
7.57%*
Analyst 1:
Liam Burke, B. Riley Securities*
Rating:
Buy*
Price Target:
$30 (raised from $27 on May 10)*
Analyst Accuracy:
62%*
Analyst 2:
Omar Nokta, Jefferies*
Rating:
Buy*
Price Target:
$27 (increased from $26 on May 9)*
Analyst Accuracy:
73%*
Recent News:
Genco Shipping & Trading announced an enhanced Dividend Policy on Sept. 10, aiming to increase cash distribution to its shareholders. Benzinga Pro’s charting tool can help you identify trends within GNK stock.Karat Packaging Inc. (KRT)
*
Dividend Yield:
5.32%*
Analyst 1:
Jake Bartlett, Truist Securities*
Rating:
Hold (downgraded from Buy on Aug. 9)*
Price Target:
$28 (reduced from $34 on Aug. 9)*
Analyst Accuracy:
75%*
Analyst 2:
Michael Hoffman, Stifel*
Rating:
Buy*
Price Target:
$32 (increased from $30 on March 15)*
Analyst Accuracy:
82%*
Recent News:
On Aug. 8, Karat Packaging reported second-quarter financial results that fell short of expectations. Benzinga Pro’s signals feature can alert you to potential breakouts in KRT shares.This information is provided for informational purposes only and should not be considered investment advice. Always conduct your own thorough research and consult with a financial professional before making any investment decisions.
