Wall Street's Most Accurate Analysts Spotlight On 3 Financials Stocks With Over 12% Dividend Yields
Portfolio Pulse from Avi Kapoor
The article highlights three financial stocks with high dividend yields: Ready Capital Corporation, Apollo Commercial Real Estate Finance, and Saratoga Investment Corp. Analysts have given neutral ratings to these stocks, with recent updates on their performance and dividend announcements.
September 05, 2024 | 1:08 pm
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NEUTRAL IMPACT
Apollo Commercial Real Estate Finance has a dividend yield of 13.54%. Analysts from JP Morgan and Keefe, Bruyette & Woods have maintained neutral ratings, with slight adjustments in price targets. The company posted positive quarterly earnings recently.
The neutral ratings and recent positive earnings suggest stability for ARI. The slight adjustments in price targets indicate no major expected changes in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Ready Capital Corporation has a high dividend yield of 15.73%. Analysts from Wedbush and BTIG have reiterated neutral ratings. The company reported a net book value of $12.97 per share as of June 30, 2024.
The neutral ratings from analysts suggest a stable outlook for RC, despite its high dividend yield. The recent net book value report provides a solid financial basis, but no significant upward or downward movement is expected in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Saratoga Investment Corp. offers a 12.40% dividend yield. Analysts from B. Riley Securities and Compass Point have given neutral ratings, with a recent downgrade from Buy to Neutral. The company announced a quarterly dividend of 74 cents per share.
The downgrade to a neutral rating and the stable dividend announcement suggest a steady outlook for SAR. No significant short-term price movement is expected.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80