20 Worst Dividend Aristocrat Stocks According to Analysts

4. Expeditors International of Washington, Inc. (NASDAQ:EXPD)

Average Analyst Rating Score: 4

Expeditors International of Washington, Inc. (NASDAQ:EXPD) ranks fourth on our list of the worst dividend aristocrat stocks on our list. The American logistics company announced a 5.8% hike in its quarterly dividend to $0.73 per share. Through this increase, the company stretched its dividend growth streak to 30 years. The stock has a dividend yield of 1.18%, as of June 14.

In the first quarter of 2024, Expeditors International of Washington, Inc. (NASDAQ:EXPD) reported subpar earnings as the industry continued to be unstable because of global conflicts, persistent inflation, weak economies, and unpredictable demand. The company’s revenue declined by 15% on a year-over-year basis to $2.2 billion. Its net earnings attributable to shareholders and operating income also fell by 25% and 22%, respectively. In addition, its cash flow fell short of covering its dividends. The company generated $257 million in operating cash flow and paid $361 million to shareholders during the quarter.

Analysts have a consensus Moderate Sell rating on the stock with a $107.7 price target, which represents a downside potential of nearly 13%. It is among the worst dividend aristocrat stocks on our list.

As of the end of the March quarter of 2024, 28 hedge funds in Insider Monkey’s database held stakes in Expeditors International of Washington, Inc. (NASDAQ:EXPD), up from 23 in the previous quarter. These stakes have a total value of nearly $161 million.