Analysts Like These 5 Dividend Stocks With Earnings Next Week

James Dennin, Kapitall: With the market stabilizing despite the shutdown, we decided to look at stocks reporting earnings next week.

Stocks are recovering as we move into the end of the week. One theory is that analysts are comforted by the recent appointment of Janet Yellen to take over for Ben Bernanke as the Federal Reserve Chair. Her "dovish" policies will likely ensure the Fed will not begin tapering any time soon, one explanation for the more positive trends in the market lately.

[Read more on the Shutdown from Kapitall: Does Anyone Benefit from the Shutdown: 4 Chinese Stocks to Watch]

Another theory is that analysts are increasingly skeptical that Republicans will continue to insist on concessions on Obamacare before raising the debt ceiling – although there's reason to believe that some members of the GOP are less likely to listen to corporate interests than they were in years past. 

If the debt ceiling is reached, speculation varies as to what the ramifications would be.  A default c ould be akin to the liquidity crisis that wreaked havoc on financial markets in 2008 -   when the Dow Jones Index plunged over 700 points in a single day.

Others are saying the default would be a good thing . The reality is probably somewhere in the middle, as the Treasury would still have enough cash after the debt ceiling is reached to fund its operations for about a week, maybe more.

Either way, the debt debate in Washington is being closely followed by the markets. And it probably doesn't help that all of this uncertainty is coinciding with the next quarterly earnings season.

Investing ideas

We decided to run a screen on stocks reporting earnings next week. Starting in that universe, we narrowed the search to dividend stocks, so investors can make money even if prices dip, as more DC drama plays out.

Finally, we looked for signs of investor optimism by screening for stocks with a projected earnings per share growth for the next 5 years of at least 20%. This often indicates that analysts are bullish about the long-term prospects of a stock.

There were five stocks left on our list. 

Click on the chart below to see analyst ratings and dividend yields over time. 

Do you prefer to invest before a company reports earnings? Use the list below as a starting point for your own analysis. 

1. Insteel Industries Inc. ( IIIN): Engages in the manufacture and marketing of steel wire reinforcing products for concrete construction applications. Market cap at $296.64M, most recent closing price at $16.14.

Earnings Report: October 17.

Projected 5 Year EPS Growth: 33%
 

 

2. Kinder Morgan, Inc. ( KMI): Operates energy infrastructure in the United States and Canada. Market cap at $36.19B, most recent closing price at $34.79.

Earnings Report: October 16.

Projected 5 Year EPS Growth: 47%

 

3. Knoll Inc. ( KNL): Engages in the design, manufacture, and sale of workplace furnishings, textiles, and fine leathers for the workplace and home. Market cap at $762.40M, most recent closing price at $15.80.

Earnings Report: October 16.

Projected 5 Year EPS Growth: 39%

 

4. SanDisk Corp. ( SNDK): Designs, develops, manufactures, and markets NAND-based flash data storage card products that are used in various consumer electronics products. Market cap at $14.96B, most recent closing price at $61.48.

Earnings Report: October 16.

Projected 5 Year EPS Growth: 25.15%

 

5. Steel Dynamics Inc. ( STLD): Engages in the manufacture and sale of steel products in the United States. Market cap at $3.69B, most recent closing price at $16.38.

Earnings Report: October 16.

Projected 5 Year EPS Growth: 25.36%

 

 

( List compiled by James Dennin, a Kapitall Writer. Analyst ratings sourced from Zacks Investment Research. All other data sourced from Finviz.)

null

More from Stocks

What Top Executives Are Saying About a Possible U.S. Trade War With China

What Top Executives Are Saying About a Possible U.S. Trade War With China

Dow Sells Off as U.S. and China Trade Tensions Escalate

Dow Sells Off as U.S. and China Trade Tensions Escalate

China Central Bank Governor Says Stay 'Calm and Rational' After Market Free Fall

China Central Bank Governor Says Stay 'Calm and Rational' After Market Free Fall

Here Is Your Market Playbook During This Tariff-Driven Selloff

Here Is Your Market Playbook During This Tariff-Driven Selloff

Dropbox Is the New Defensive Stock to Own With the Market Falling Apart

Dropbox Is the New Defensive Stock to Own With the Market Falling Apart