Top Wall Street analysts are pounding the table on these 3 dividend stocks

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 59%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Walmart and JPMorgan Chase.

Dividend-paying stocks can enhance investors' portfolio returns and provide certainty in shaky markets.

reiterated a buy rating on NOG stock with a price target of $46. Following discussions with management, the analyst noted that similar to NOG's strategy in the Permian and Williston Basins, there is a possibility of further expansion in the Uinta Basin through additional deals. The analyst boosted his 2025 earnings per share and cash flow per share estimates by 11% to 12% and increased his free cash flow per share forecast by 10%, given that the XCL deal is significantly accretive. He thinks that the solid free cash flow outlook could enable NOG to hike its base dividend. Hanold estimates a 10% to 15% increase in dividend in 2025.

Cassidy ranks No. 128 among more than 8,900 analysts tracked by TipRanks. His ratings have been successful 63% of the time, delivering an average return of 14.7%. (Seeto shareholders through $1.67 billion in dividends and $1.06 billion in share repurchases. With a payout ratio of 37.5%, the company sees the possibility of further growth in its dividend.reiterated a buy rating on WMT with a price target of $77, saying that the stock remains his firm's top pick.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts see attractive prospects for these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Micron Technology and Amazon.
Source: nbcchicago - 🏆 545. / 51 Read more »

Top Wall Street analysts see attractive prospects for these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Micron Technology and Amazon.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Top Wall Street analysts favor these dividend stocks for better returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Citigroup
Source: NBCDFW - 🏆 288. / 63 Read more »

Top Wall Street analysts favor these dividend stocks for better returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Citigroup
Source: NBCNewYork - 🏆 270. / 63 Read more »

Top Wall Street analysts favor these dividend stocks for better returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Citigroup
Source: NBCLA - 🏆 319. / 59 Read more »

Top Wall Street analysts recommend these stocks for the long haulTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Microsoft and Delta Air Lines
Source: NBCLA - 🏆 319. / 59 Read more »