Dividend shares are among the many most tasty on Wall Road as a result of they pay you to personal them. Nevertheless, not all dividend shares are equal, so it takes greater than a distribution and a few enticing metrics to make them a very good purchase. This can be a have a look at three dividend shares that additionally get excessive rankings from analysts. They’re ranked extremely on MarketBeat’s Prime Rated Dividend Shares record due to their protected funds and analysts’ sentiment. All include a score of three.0 or larger, which equates to a Purchase or Higher score, have an outlook for at the very least a double-digit upside, and pay market-beating yields. This mix can ship market-beating complete returns for buyers. 

Upbound Group: A Excessive-Yielding Deep Worth

$32.26

-0.56 (-1.71%)

(As of 10:54 AM ET)

52-Week Vary
$25.00

$36.17

Dividend Yield
4.59%

Value Goal
$39.14

 Upbound Group NASDAQ: UPBD is a deep worth for buyers, buying and selling at solely 8.75x earnings. Sentiment is agency, and the consensus worth goal, which means a 20% upside, is rising. The most recent replace comes from BTIG, which initiated at Purchase and set its goal at $45, setting a brand new high-end for the market.

The Purchase-rated inventory has come below stress this yr however reveals stable help on the low finish of the analysts’ vary, which buyers can assume is the value ground. Among the many market drivers are the corporate’s latest outperformance, return to development, money circulate, and outlook. The outlook contains persistent development and margin enlargement.

Capital returns from Upbound Group are strong. The dividend, which is barely 40% of this yr’s earnings outlook, runs about 4.5% in yield, with shares on the low finish of their buying and selling vary. The distribution development is erratic however current, so buyers could anticipate one other enhance this yr or early 2025. The steadiness sheet is wholesome, with low leverage close to 2x fairness, permitting for share repurchases. The share rely is down about 1% on common on the finish of FQ1 and may proceed to fall this yr. 

Atlas Power Can Set a New Excessive Quickly

AESI

Atlas Power Options

$21.03

-0.22 (-1.04%)

(As of 10:53 AM ET)

52-Week Vary
$15.55

$24.93

Dividend Yield
3.04%

P/E Ratio
11.68

Value Goal
$26.00

Purchase-rated Atlas Power Options NYSE: AESI yields a sexy 3.5% and gives worth at 9.5x earnings. The corporate serves the oilfield business within the Permian Basin and Texas, offering mesh and sand for the well-completion course of. In enterprise since 2017, the corporate has been rising in leaps and bounds whereas profiting for buyers. Among the many newest earnings report particulars are 25% top-line development offset by margin compression. Nevertheless, the margin compression is because of accretive acquisition and enterprise funding already paying off by bettering scale and leverage. 

The Q1 report led two analysts to revise their targets larger. The 2 new targets are above the consensus, main the market to the excessive finish of the vary, which might be a brand new all-time excessive. Regardless, the consensus estimate is value an 18% upside and a brand new all-time excessive. 

The steadiness sheet highlights a rise in debt and liabilities offset by elevated receivables, stock, property, and goodwill, which has left fairness up. Leverage is barely elevated at 4x fairness, however this isn’t a purple flag contemplating the trigger. The corporate’s acquisitions of Hello-Crush and funding within the Dune Categorical will shortly enhance income, money circulate, earnings, and leverage. The Dune Categorical will probably be a recreation changer for the corporate, bettering effectivity, security, and emissions. 

Copa: The Solely Airline You Want To Personal

$93.92

-0.41 (-0.43%)

(As of 10:53 AM ET)

52-Week Vary
$78.12

$121.20

Dividend Yield
6.86%

P/E Ratio
6.76

Value Goal
$154.43

Copa NYSE: CPA isn’t the biggest airline on the earth, however its valuation, yield, outlook, and analyst sentiment make it the very best in breed for the sector. The corporate is concentrated on the quickly rising and gentrifying Latin American market, serving to it maintain development, widen margins and pay dividends. This inventory carries the best score and yield of any on this record, 3.25 and 5.1%, making it a sexy high-yield play throughout industries and sectors. 

The most recent earnings report spurred the analysts to boost their targets. MarketBeat.com tracks 4 revisions which can be main the market above the consensus, which provides a considerable 60% upside.

Whereas Atlas Power Options at the moment has a “Purchase” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View The 5 Shares Right here

With common beneficial properties of 150% for the reason that begin of 2023, now’s the time to offer these shares a glance and pump up your 2024 portfolio.

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