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Top Ranked Income Stocks to Buy for March 21st

Zacks Equity Research

Here are four stocks with buy rank and strong income characteristics for investors to consider today, March 21st:

Ares Management Corporation (ARES): This alternative asset manager has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

Ares Management L.P. Price and Consensus

Ares Management L.P. Price and Consensus

Ares Management L.P. price-consensus-chart | Ares Management L.P. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5.4%, compared with the industry average of 3.2%. Its five-year average dividend yield is 4.9%.

Ares Management L.P. Dividend Yield (TTM)

Ares Management L.P. Dividend Yield (TTM)

Ares Management L.P. dividend-yield-ttm | Ares Management L.P. Quote

Ellington Residential Mortgage REIT (EARN): This real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.

Ellington Residential Mortgage REIT Price and Consensus

Ellington Residential Mortgage REIT Price and Consensus

Ellington Residential Mortgage REIT price-consensus-chart | Ellington Residential Mortgage REIT Quote

This Zacks Rank #1 company has a dividend yield of 11.4%, compared with the industry average of 8.3%. Its five-year average dividend yield is 13%.

Ellington Residential Mortgage REIT Dividend Yield (TTM)

Ellington Residential Mortgage REIT Dividend Yield (TTM)

Ellington Residential Mortgage REIT dividend-yield-ttm | Ellington Residential Mortgage REIT Quote

Annaly Capital Management, Inc. (NLY): This diversified capital manager has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

Annaly Capital Management Inc Price and Consensus

Annaly Capital Management Inc Price and Consensus

Annaly Capital Management Inc price-consensus-chart | Annaly Capital Management Inc Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 11.7%, compared with the industry average of 8.3%. Its five-year average dividend yield is 11.2%.

Annaly Capital Management Inc Dividend Yield (TTM)

Annaly Capital Management Inc Dividend Yield (TTM)

Annaly Capital Management Inc dividend-yield-ttm | Annaly Capital Management Inc Quote

CoreCivic, Inc. (CXW): This diversified government solutions company haswitnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

Corrections Corp. of America Price and Consensus

Corrections Corp. of America Price and Consensus

Corrections Corp. of America price-consensus-chart | Corrections Corp. of America Quote

This Zacks Rank #2 company has a dividend yield of 9.1%, compared with the industry average of 4.3%. Its five-year average dividend yield is 4.7%.

Corrections Corp. of America Dividend Yield (TTM)

Corrections Corp. of America Dividend Yield (TTM)

Corrections Corp. of America dividend-yield-ttm | Corrections Corp. of America Quote

See the full list of top ranked stocks here

Find more top income stocks with some of our great premium screens.

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?

From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 – 2017, they soared far above the market's +126.3%, reaching +181.9%.

This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.

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Annaly Capital Management Inc (NLY) : Free Stock Analysis Report

Ellington Residential Mortgage REIT (EARN) : Free Stock Analysis Report

Corrections Corp. of America (CXW) : Free Stock Analysis Report

Ares Management L.P. (ARES) : Free Stock Analysis Report

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