Investors have their preferences. Some like higher dividends, others like to see growth in the short term. Investors that get the best of both worlds sure are happy campers though. They ride a surge, and are rewarded again with the steady stream of income that their dividends provide.
The security of a great dividend along with some serious growth potential is what makes the stocks below so attractive. It also helps that these tickers all have nice PE and PEG ratios. Each of the stocks below dole out dividend yields above 3%. By combining high dividends, rising earnings estimates, and other valuation criteria, we have found three stocks that have some serious potential in making investors significant profit in the short term.
PBF Energy Inc
PBF Energy Inc (NYSE:PBF) is a petroleum refiner and supplier. The offer several kinds of petroleum products like heating oil, transportation fuels, and lubricants. They operate in the Midwest and Northeast United States. The company has a Zacks Rank #2 (Buy). This favorable rank along with a positive Earnings Expected Surprise Prediction (ESP) of 30.08% makes PBF a likely candidate to beat our EPS consensus when it reports its earnings on 4/29/15.
The company doles out a 3.78% dividend. Our EPS consensus over the past 60 days has surged a lot. Two months ago, our EPS consensus estimate for the quarter called for earnings of $0.58 per share. Since then, it has more than doubled, with our current EPS consensus standing at $1.23. PBF Energy has beaten our EPS consensus in 3 of the last 4 quarters, and by an average of 23.92%.
Aircastle Limited (NYSE:AYR) engages in acquiring and leasing commercial jet aircrafts to airlines across the globe. The company has a Zacks Rank #1 (Strong Buy). Expect more volatility with this stock, since it has a beta of 1.81. There have been four positive and zero negative estimate revisions by analysts for the current quarter in the last 60 days. The company doles out a 3.87% dividend yield.
30 days ago, our EPS consensus estimate called for earnings of $0.43 per share. Our consensus has risen since then, and we now have a current estimate expecting earnings of $0.46 per share. The company has beaten our consensus estimate in 3 of the last 4 quarters, and by an average of 153.7%. These factors as well as the Zacks Rank #1 (Strong Buy) makes AYR a considerable candidate to beat our EPS consensus when it posts its earnings on 5/6/15.
Hospitality Properties Trust
Hospitality Properties Trust (NYSE:HPT) is a real estate investment trust. The company owns and rents out hotels to third party hotel operators. This REIT holds a Zacks Rank #2 (Buy). Since March 6, HPT has seen its stock price surge 11.75%. The stock rewards its investors with a 5.95% dividend. It’s also worth noting that the company has a debt to equity of 1.05 for the most recent quarter.
30 days ago, our EPS consensus was $0.75 for the current quarter. Since then, it has moved up and currently calls for an EPS of $0.77. The company has beaten our consensus estimate in each of the last four quarters, and by an average of 4.41%. The earnings history, Zacks Rank, and consensus movement indicate that Hospitality Properties is a favorable candidate to beat our earnings consensus estimate when it reports its earnings on 5/5/15.
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