Wall Street's Most Accurate Analysts' Views On 3 Real Estate Stocks With Over 4% Dividend Yields

Author: Avi Kapoor | April 17, 2024 07:59am

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.

STAG Industrial, Inc. (NYSE:STAG)

• Dividend Yield: 4.15%
• Baird analyst David Rodgers downgraded the stock from Outperform to Neutral and increased the price target from $38 to $41 on Jan. 5, 2024. This analyst has an accuracy rate of 61%.
• Raymond James analyst William Crow maintained an Outperform rating rating and cut the price target from $39 to $37 on Oct. 31, 2023. This analyst has an accuracy rate of 71%.
• Recent News: STAG Industrial is expected to release its first quarter 2024 operating and financial results after the closing bell on April 30, 2024.

Host Hotels & Resorts, Inc. (NASDAQ:HST)

• Dividend Yield: 4.19%
• Raymond James analyst William Crow maintained an Outperform rating and boosted the price target from $19 to $23 on March 15, 2024. This analyst has an accuracy rate of 71%.
• Truist Securities analyst Patrick Scholes maintained a Hold rating and increased the price target from $21 to $24 on March 14, 2024. This analyst has an accuracy rate of 72%.
• Recent News: Host Hotels & Resorts is expected to report first quarter 2024 financial results on May 1, 2024, after the closing bell.

Essex Property Trust, Inc. (NYSE:ESS)

• Dividend Yield: 4.21%
• Raymond James analyst Buck Horne upgraded the stock from Market Perform to Outperform with a price target of $265 on March 18, 2024. This analyst has an accuracy rate of 74%.
• Stifel analyst Simon Yarmak maintained a Hold rating and cut the price target from $225 to $223 on Feb. 7, 2024. This analyst has an accuracy rate of 63%.
• Recent News: Essex Property Trust is expected to release its first quarter 2024 earnings after the closing bell on April 30, 2024.

 

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Posted In: ESS HST STAG