Ondas Holdings to Participate in the Oppenheimer 6th Annual Emerging Growth Conference on Tuesday, May 11, 2021

TipRanks

2 shares “Strong purchase” with at least 7% dividend yield

Do we see any signs of danger in the markets? At first glance, it would not look like that. The S&P 500 is just below record highs as the Dow Jones average. The big technology giants – Amazon, Apple, Alphabet, Facebook and Microsoft – posted great results in their latest earnings reports. Still, they are leading the decline in the NASDAQ. According to Morgan Stanley captain strategist Michael Wilson, we are in an unstable ride, at least in the short term. “As the S&P 500 makes new highs every day, few seem worried … instead of worrying about reopening, we’re increasingly concerned about the risk of performance and what’s already at stake,” Wilson said. , we will probably reach higher peaks next year. The goal as an investor is to focus on … the transition, to avoid the stocks with the biggest draws and to be able to catch the next stage. “So let’s take this advice and look for ways to protect the portfolio in the short term, while setting a position for the longer term. This is a strategy that will naturally attract investors to dividends, the classic defense game. We used the TipRanks database. to extract two dividend players who combine the mood of Strong Buy from Wall Street with a yield of at least 7 %.Let’s take a closer look.New Housing Investment (NRZ) We will start with a real estate investment trust (REIT), as These companies have a reputation for solid dividends, which is partly an artifact of their position on tax regulation, they are required to return a certain percentage of profits directly to shareholders, and the dividend is often a convenient tool to comply with. for its sector, which has a $ 6 billion investment portfolio, of which just over half are mortgage rights loans. In its recent financial announcement for 1Q21, New Residential showed a net profit of $ 301 million, compared to $ 101 million at the end of Q4. The company declared a quarterly dividend of 20 cents per share; payments amount to $ 82.9 million. At the declared interest rate, the dividend is calculated annually up to 80 cents per ordinary share for a yield of 7.5%. This compares favorably with the ~ 2% return found among companies listed on S&P. NRZ shares have risen 77% in the last 12 months, gaining as the company shifts from net losses in the midst of the coronary crisis to profitability in the last four quarters. To take advantage of the stock price increase and raise additional capital, the company announced a public offering of shares in April. The sale generated gross revenue of $ 522.4 million from 51.7 million shares sold. The funds raised were used to acquire Caliber Home Loans, and the plans are to integrate the acquisition into the NRZ-owned mortgage lending service. The deal is expected to close in the third quarter of this year. Covering BTIG shares, analyst Eric Hagen wrote: “[We] consider that the company has the capital to acquire in wholesale transactions, as some originators may unload thinner capitalized MSRs if the volume of origin slows down more significantly. He confirmed that the $ 500 million raised in connection with the Caliber deal was about $ 0.15 to dilute the NAV, so the provision was about $ 11.20. Shares are less than 0.93 times the book and about 6.5 times the forward gain, assuming a 15% ROTCE. “Hagen estimates NRZ for the purchase, and its $ 13 target suggests a 25% increase for the coming year. (To see Hagen’s record, click here) Hagen is no more lenient in its opinion here. Of the last 10 comments. analysts for this stock, 9 recommend buying against one hold.The target for an average price of $ 12.69 is almost as high as that of Hagen, and suggests an increase of ~ 22% compared to the current trading price of 10.38 (See NRZ stock analysis for TipRanks) Corporate Product Partners (EPDs) Now we’ll shift gears and look at an energy company, specifically an intermediate company, Enterprise Products Partners controls over 50,000 miles of pipelines, along with facilities, capable of storing 160 million barrels of oil and 14 billion cubic feet of natural gas.In addition, Enterprise has supply terminals in the state of Texas on the Gulf Coast.As the US economy reopens, demand for fuel o increase – which in turn increases the flow of fuel through the Enterprise system. The company’s finances have been recovering since the second half of last year, and a recent report for the first quarter shows $ 9.1 billion at the top, the best result in two years. EPS came out at a price of 61 cents per share, which is a level compared to the previous year, but higher than the last three quarters. The company declared a Q2 dividend of 45 cents per ordinary share, the second consecutive quarter at this level. The current payment is supported by $ 1.7 billion in distributable cash flow. The annual payment of $ 1.80 per ordinary share gives a yield of 7.7%. Among the bulls is Raymond analyst James Justin Jenkins, who sets a Strong Buy rating on EPD shares, along with a target price of $ 26. (To watch Jenkins’ record, click here) Supporting his position, Jenkins wrote: “Although Enterprise (EPD) is not immune to the challenges of the energy industry, the asset base continues to show resilience in difficult environments. Looking forward, the unique combination of EPD integration, balance of power and ROIC experience remains best in class, in our opinion. We see the EPD as perhaps best positioned to withstand the volatile landscape … This is an overwhelming opportunity to take ownership of one of the best-positioned MLPs … ”Overall, Wall Street analysts are sanguistic about the path of EPD forward, as evidenced by the unanimous Strong rating of consensus on the purchase, supported by 8 recommendations for the purchase. The average price, which is $ 28.75, is higher than Jenkins’ and suggests a one-year growth potential of 24% for the EPD. (See the analysis of EPD shares in TipRanks.) To find good ideas for dividend stocks trading at attractive prices, visit TipRanks, the Best Buy Stock, a recently launched tool that brings together all insights into TipRanks ownership. Disclaimer: The views expressed in this article are those of the analysts only. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.