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Wall Street's Most Accurate Analysts Weigh In On 3 Materials Stocks Delivering High-Dividend Yields

Benzinga ·  07:21

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 materials sector.

The Chemours Company (NYSE:CC)

  • Dividend Yield: 5.72%
  • Morgan Stanley analyst Vincent Andrews maintained an Equal-Weight rating and cut the price target from $30 to $25 on Nov. 5. This analyst has an accuracy rate of 79%.
  • BMO Capital analyst John McNulty maintained an Outperform rating and raised the price target from $30 to $32 on Oct. 7. This analyst has an accuracy rate of 63%.
  • Recent News: On Nov. 27, Chemours announced completion of private offering of $600,000,000 aggregate principal amount of 8.000% senior unsecured notes due 2033.
  • Benzinga Pro's real-time newsfeed alerted to latest CC news.
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Tronox Holdings plc (NYSE:TROX)

  • Dividend Yield: 4.88%
  • BMO Capital analyst John McNulty maintained an Outperform rating and slashed the price target from $21 to $17 on Oct. 29. This analyst has an accuracy rate of 63%.
  • Mizuho analyst John Roberts initiated coverage on the stock with a Neutral rating and a price target of $22 on June 7. This analyst has an accuracy rate of 76%.
  • Recent News: On Oct. 25, Tronox Holdings reported worse-than-expected third-quarter adjusted EPS results.
  • Benzinga Pro's real-time newsfeed alerted to latest TROX news.
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Kaiser Aluminum Corporation (NASDAQ:KALU)

  • Dividend Yield: 4.44%
  • Benchmark analyst Josh Sullivan maintained a Buy rating and raised the price target from $84 to $100 on July 12. This analyst has an accuracy rate of 86%.
  • UBS analyst Curt Woodworth initiated coverage on the stock with a Neutral rating and a price target of $67 on Jan. 16. This analyst has an accuracy rate of 67%.
  • Recent News: On Oct. 23, Kaiser Aluminum posted downbeat quarterly earnings.
  • Benzinga Pro's charting tool helped identify the trend in KALU stock.
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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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