Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts have spotlighted three high-dividend-yielding real estate stocks: Camden Property Trust (CPT), Equity Residential (EQR), and STAG Industrial, Inc. (STAG). Analysts have provided updated ratings and price targets for these stocks, which are known for their high free cash flows and substantial dividend payouts.
July 05, 2024 | 3:01 pm
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POSITIVE IMPACT
Camden Property Trust (CPT) has received updated ratings from top analysts. Truist Securities raised the price target to $122 with a Buy rating, while JP Morgan increased the price target to $112 with a Neutral rating. CPT recently declared a second quarter cash dividend of $1.03 per share.
The updated price targets and ratings from top analysts, along with the recent dividend declaration, are likely to positively impact CPT's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Equity Residential (EQR) has received updated ratings from top analysts. Truist Securities raised the price target to $73 with a Buy rating, while JP Morgan increased the price target to $68 with a Neutral rating. EQR will release its second quarter 2024 operating results on July 29.
The updated price targets and ratings from top analysts, along with the upcoming release of Q2 2024 results, are likely to positively impact EQR's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
STAG Industrial, Inc. (STAG) has received mixed ratings from top analysts. Baird downgraded the stock to Neutral but raised the price target to $41, while Raymond James maintained an Outperform rating but cut the price target to $37. STAG will release its second quarter 2024 results on July 30.
The mixed ratings and price target adjustments from top analysts, along with the upcoming release of Q2 2024 results, create a neutral short-term outlook for STAG's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100