Wall Street Analysts Unveil Bearish Outlook for Real Estate High-Dividend Stocks Wall Street Analysts Unveil Bearish Outlook for Real Estate High-Dividend Stocks

Written By Michael Gary Scott


Investors often seek refuge in high-dividend-yielding stocks during market turbulence. Such companies tend to boast substantial free cash flows and generously reward shareholders with a high dividend payout.

Interested readers can access the most recent analyst ratings for their favorite stocks through Benzinga’s Analyst Stock Ratings page, including rankings by analyst accuracy. Here’s a breakdown of the latest high-yield dividend stock ratings from top Wall Street analysts, according to Benzinga’s Analyst Stock Ratings.

Below, we reveal the ratings from the most accurate analysts for three high-yielding stocks in the real estate sector.

The Uniti Group Inc.

  • Dividend Yield: 11.45%
  • B of A Securities analyst David Barden downgraded the stock from Neutral to Underperform and reduced the price target from $5 to $3.5 on Nov. 7, 2023. This analyst has an accuracy rate of 63%.
  • Morgan Stanley analyst Simon Flannery maintained an Underweight rating and cut the price target from $7 to $6 on June 1, 2023. This analyst has an accuracy rate of 67%.
  • Recent News: On Nov. 2, Uniti Group posted weaker-than-expected quarterly sales results.

The Medical Properties Trust, Inc.

  • Dividend Yield: 26.83%
  • JP Morgan analyst Michael Lapides maintained an Underweight rating and cut the price target from $8 to $5 on Nov. 29, 2023. This analyst has an accuracy rate of 60%.
  • Wells Fargo analyst Connor Siversky maintained an Underweight rating and lowered the price target from $7 to $4 on Oct. 17, 2023. This analyst has an accuracy rate of 65%.
  • Recent News: Medical Properties Trust recently announced plans to recover uncollected rents and outstanding loan obligations from Steward Health Care System.
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The National Storage Affiliates Trust

  • Dividend Yield: 5.94%
  • Wells Fargo analyst Todd Stender maintained an Underweight rating and raised the price target from $32 to $36 on Dec. 12, 2023. This analyst has an accuracy rate of 68%.
  • Evercore ISI Group analyst Steve Sakwa downgraded the stock from In-Line to Underperform and raised the price target from $32 to $35 on Dec. 11, 2023. This analyst has an accuracy rate of 61%.
  • Recent News: National Storage, during November, posted better-than-expected third-quarter sales.

 

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