Wall Street's Most Accurate Analysts Say Hold These 3 Real Estate Stocks With Over 4% Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts recommend holding three real estate stocks with over 4% dividend yields: PotlatchDeltic Corporation (PCH), Healthcare Realty Trust Incorporated (HR), and National Health Investors, Inc. (NHI). These recommendations come amidst market turbulence, with recent company performances influencing analyst ratings and price targets.
March 19, 2024 | 12:13 pm
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POSITIVE IMPACT
National Health Investors, Inc. has a 5.94% dividend yield, with analysts maintaining Equal-Weight and Hold ratings, raising price targets to $55 and $52 after better-than-expected quarterly results.
The upward revision in price targets and positive quarterly results suggest a potential short-term upside for NHI, making it appealing for investors seeking dividends.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
PotlatchDeltic Corporation has a dividend yield of 4.07%, with analysts reiterating Sector Perform and Hold ratings, adjusting price targets to $48 and $49 respectively, following better-than-expected quarterly sales.
The positive adjustment in price targets and the better-than-expected quarterly sales suggest a potential short-term upside for PCH, making it an attractive hold for dividend-seeking investors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Healthcare Realty Trust Incorporated offers a 9.45% dividend yield but faces downgrades and price target cuts to $15 and $17, after reporting a decline in fourth-quarter sales.
The downgrade by analysts and the significant decline in sales could indicate potential short-term challenges for HR, impacting its stock price negatively despite its high dividend yield.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90