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 staples sector.
B&G Foods, Inc. (NYSE:BGS)
- Dividend Yield: 10.72%
- Barclays analyst Brandt Montour maintained an Equal-Weight rating and cut the price target from $8 to $7 on Nov. 7. This analyst has an accuracy rate of 66%.
- TD Cowen analyst Robert Moskow maintained a Sell rating and cut the price target from $8 to $7.5 on Nov. 6. This analyst has an accuracy rate of 65%.
- Recent News: On Nov. 5, B&G Foods reported worse-than-expected third-quarter financial results and issued FY24 net sales guidance below estimates.
- Benzinga Pro's real-time newsfeed alerted to latest BGS news.
Flowers Foods, Inc. (NYSE:FLO)
- Dividend Yield: 4.69%
- DA Davidson analyst Brian Holland maintained a Neutral rating and raised the price target from $24 to $25 on May 17. This analyst has an accuracy rate of 67%.
- Deutsche Bank analyst Steve Powers maintained a Hold rating and increased the price target from $22 to $23 on May 9. This analyst has an accuracy rate of 67%.
- Recent News: On Nov. 8, Flowers Foods posted better-than-expected quarterly earnings.
- Benzinga Pro's real-time newsfeed alerted to latest FLO news.
The Kraft Heinz Company (NASDAQ:KHC)
- Dividend Yield: 5.22%
- Piper Sandler analyst Michael Lavery downgraded the stock from Overweight to Neutral and slashed the price target from $40 to $35 on Nov. 19. This analyst has an accuracy rate of 67%.
- Mizuho analyst John Baumgartner maintained an Outperform rating and lowered the price target from $43 to $41 on Oct. 31. This analyst has an accuracy rate of 68%.
- Recent News: On Oct. 30, Kraft Heinz posted third-quarter earnings of 75 cents per share, beating estimates, but reported a revenue decline and anticipates a prolonged recovery in U.S. retail.
- Benzinga Pro's charting tool helped identify the trend in KHC stock.
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