Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks With Over 4% Dividend Yields
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.
Dow Inc. DOW
- Dividend Yield: 5.24%
- JP Morgan analyst Jeffrey Zekauskas maintained an Overweight rating and cut the price target from $60 to $55 on Sept. 13. This analyst has an accuracy rate of 70%.
- Fermium Research analyst Frank Mitsch maintained a Hold rating and lowered the price target from $60 to $54 on Sept. 12. This analyst has an accuracy rate of 70%.
- Recent News: On Sept. 12, Dow updated its third-quarter revenue and EBITDA outlook, citing an unplanned event at a Texas ethylene cracker and greater input costs and margin compression in Europe..
- Benzinga Pro’s real-time newsfeed alerted to latest Dow news.
The Chemours Company CC
- Dividend Yield: 5.12%
- JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and lowered the price target from $25 to $18 on Aug. 6. This analyst has an accuracy rate of 70%.
- Mizuho analyst John Roberts initiated coverage on the stock with a Neutral rating and a price target of $25 on June 7. This analyst has an accuracy rate of 79%.
- Recent News: On Aug. 1, Chemours reported mixed second-quarter financial results and issued weak third-quarter net sales guidance.
- Benzinga Pro’s charting tool helped identify the trend in CC stock.
Mercer International Inc. MERC
- Dividend Yield: 4.68%
- CIBC analyst Hamir Patel maintained a Neutral rating and cut the price target from $10 to $8.5 on Aug. 13. This analyst has an accuracy rate of 60%.
- RBC Capital analyst Matthew McKellar maintained a Sector Perform rating and lowered the price target from $10 to $8 on Aug. 12. This analyst has an accuracy rate of 72%.
- Recent News: On Aug. 8, Mercer Intl posted upbeat quarterly sales.
- Benzinga Pro’s signals feature notified of a potential breakout in MERC shares.
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