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Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 5% Dividend Yield

Benzinga ·  Sep 16 20:11

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 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.

Kohl's Corporation (NYSE:KSS)

  • Dividend Yield: 10.14%
  • JP Morgan analyst Matthew Boss downgraded the stock from Neutral to Underweight with a price target of $19 on Aug. 29. This analyst has an accuracy rate of 67%.
  • Evercore ISI Group analyst Michael Binetti maintained an In-Line rating and decreased the price target from $22 to $20 on Aug. 29. This analyst has an accuracy rate of 62%.
  • Recent News: On Aug. 28, Kohl's posted better-than-expected second-quarter financial results.
  • Benzinga Pro's real-time newsfeed alerted to latest KSS news

Whirlpool Corporation (NYSE:WHR)

Dividend Yield: 7.10%

  • B of A Securities analyst Rafe Jadrosich reinstated an Underperform rating with a price target of $88 on July 30. This analyst has an accuracy rate of 73%
  • RBC Capital analyst Mike Dahl maintained an Underperform rating and cut the price target from $79 to $76 on July 26. This analyst has an accuracy rate of 72%.
  • Recent News: On Aug. 19, Whirlpool declared a quarterly dividend of $1.75 per share on the Company's common stock.
  • Benzinga Pro's charting tool helped identify the trend in WHR stock.

Bloomin' Brands, Inc. (NASDAQ:BLMN)

  • Dividend Yield: 5.73%
  • Citigroup analyst Jon Tower maintained a Neutral rating and cut the price target from $22 to $20 on Aug. 19. This analyst has an accuracy rate of 73%.
  • Deutsche Bank analyst Lauren Silberman maintained a Hold rating and slashed the price target from $26 to $19 on Aug. 7. This analyst has an accuracy rate of 75%.
  • Recent News: On Aug. 26, Bloomin' Brands named Michael L. Spanos as Chief Executive Officer.
  • Benzinga Pro's signals feature notified of a potential breakout in BLMN shares.

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