Icahn Enterprises LP (IEP)

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4 High-Yield Dividend Stocks Wall Street Thinks Will Soar 45% or More in 2024

Icahn Enterprises LP
Icahn Enterprises LP (NASDAQ: IEP) bears the name of its famous founder, Carl Icahn. The Florida-based holding company operates businesses in a wide range of industries, including automotive, energy, investments, and real estate. Its dividend yield stands at a jaw-dropping 22.3%.
Last year, Icahn Enterprises slashed its dividend in half. The move didn't negatively impact its yield very much because the company's share price nosedived. Over the last 12 months, Icahn Enterprises stock has plummeted 65%.
The lone analyst surveyed by LSEG who set a price target for Icahn Enterprises, however, is looking for brighter days ahead. That target is 45% above the current share price. Although that isn't enough to enable Icahn Enterprises to regain its losses over the past year, it's nonetheless a big jump -- if the stock can climb as much as the analyst projects.