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Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 7% Dividend Yields

Benzinga ·  Aug 29 08:09

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 real estate sector.

Uniti Group Inc. (NASDAQ:UNIT)

  • Dividend Yield: 13.76%
  • RBC Capital analyst Bora Lee reiterated a Sector Perform rating with a price target of $61 on March 25. This analyst has an accuracy rate of 61%.
  • B of A Securities analyst David Barden downgraded the stock from Neutral to Underperform and cut the price target from $5 to $3.5 on Nov. 7, 2023. This analyst has an accuracy rate of 67%.
  • Recent News: On Aug. 1, Uniti Group posted downbeat quarterly earnings
  • Benzinga Pro's real-time newsfeed alerted to latest UNIT news

Clipper Realty Inc. (NYSE:CLPR)

  • Dividend Yield: 7.97%
  • Raymond James analyst Buck Horne downgraded the stock from Outperform to Underperform on April 15. This analyst has an accuracy rate of 72%.
  • JMP Securities analyst Aaron Hecht downgraded the stock from Market Outperform to Market Perform on April 11. This analyst has an accuracy rate of 61%.
  • Recent News: On Aug. 1, Clipper Realty reported better-than-expected second-quarter revenue and FFO results.
  • Benzinga Pro's charting tool helped identify the trend in CLPR stock.

Easterly Government Properties, Inc. (NYSE:DEA)

  • Dividend Yield: 7.90%
  • Truist Securities analyst Michael Lewis maintained a Hold rating and cut the price target from $14 to $13 on March 7. This analyst has an accuracy rate of 70%.
  • RBC Capital analyst Michael Carroll downgraded the stock from Sector Perform to Underperform and slashed the price target from $15 to $13 on Aug. 16, 2023. This analyst has an accuracy rate of 63%.
  • Recent News: On July 31, Easterly Government Props posted upbeat quarterly sales.
  • Benzinga Pro's signals feature notified of a potential breakout in DEA shares.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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