Wall Street's Most Accurate Analysts' Views On 3 Financial Stocks With Over 6% Dividend Yields

Author: Avi Kapoor | April 24, 2024 08:11am

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 financial sector.

Lincoln National Corporation (NYSE:LNC)

• Dividend Yield: 6.27%
• Wells Fargo analyst Elyse Greenspan maintained an Equal-Weight rating and raised the price target from $26 to $28 on April 11, 2024. This analyst has an accuracy rate of 76%.
• Piper Sandler analyst John Barnidge maintained a Neutral rating and boosted the price target from $28 to $32 on April 5, 2024. This analyst has an accuracy rate of 75%.
• Recent News: Lincoln Financial Group said it will report its results for the first quarter on May 2, 2024.

New York Community Bancorp, Inc. (NYSE:NYCB)

• Dividend Yield: 6.29%
• Citigroup analyst Keith Horowitz maintained a Neutral rating and cut the price target from $5 to $3.5 on March 7, 2024. This analyst has an accuracy rate of 78%.
• Morgan Stanley analyst Manan Gosalia maintained an Equal-Weight rating and slashed the price target from $6 to $4 on March 7, 2024. This analyst has an accuracy rate of 71%.
• Recent News: On April 12, New York Community Bancorp reported the appointment of four distinguished leaders to its executive management team.

The Western Union Company (NYSE:WU)

• Dividend Yield: 7.01%
• BMO Capital analyst Rufus Hone maintained a Market Perform rating and raised the price target from $12 to $13 on Feb. 7, 2024. This analyst has an accuracy rate of 76%.
• Wolfe Research analyst Darrin Peller downgraded the stock from Peer Perform to Underperform on Jan. 4, 2024. This analyst has an accuracy rate of 73%.
• Recent News: The Western Union Company is scheduled to host a webcast and conference call to discuss first quarter results on April 24, at 4:30 p.m. ET.

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Posted In: LNC NYCB WU