Wall Street’s Most Accurate Analysts’ Views On 3 Tech And Telecom Stocks Delivering High-Dividend Yields


During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.

Sinclair, Inc. (NASDAQ:SBGI)
Dividend Yield: 6.87%
Rosenblatt analyst Barton Crockett maintained a Neutral rating and raised the price target from $10.4 to $15.7 on Jan 18. This analyst has an accuracy rate of 68%.
Guggenheim analyst Curry Baker maintained a Buy rating and cut the price target from $30 to $20 on Nov. 3, 2023. This analyst has an accuracy rate of 67%.
Recent News: On May 8, Sinclair reported financial results for the three months ended March 31, 2024.


Verizon Communications Inc. (NYSE:VZ)
Dividend Yield: 6.64%
Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $50 to $52 on May 17. This analyst has an accuracy rate of 71%.
Oppenheimer analyst Timothy Horan maintained an Outperform rating with a price target of $48 on April 23. This analyst has an accuracy rate of 70%.
Recent News: On April 22, Verizon Communications reported fiscal first-quarter 2024 results. Its sales increased 0.2% year over year to $32.98 billion, marginally missing the consensus of $33.24 billion.
Telephone and Data Systems, Inc. (NYSE:TDS)
Dividend Yield: 3.65%


Morgan Stanley analyst Simon Flannery maintained an Equal-Weight rating and increased the price target from $15 to $18 on Sept. 11, 2023. This analyst has an accuracy rate of 65%.
Citigroup analyst Michael Rollins upgraded the stock from Neutral to Buy with a price target of $16 on Aug. 4, 2023. This analyst has an accuracy rate of 75%.
Recent News: On May 3, Telephone and Data posted upbeat quarterly sales.