5 Undervalued Dividend Aristocrats with Substantial Upside to Analyst Targets

Five Dividend Aristocrats with substantial upside to analyst target prices 12 months out. New Jersey Resources Corp (NJR) has a 12.22% upside, Verizon Communications Inc (VZ) has an 11.13% upside, Assurant Inc (AIZ) has a 9.60% upside, Smith (A O) Corp (AOS) has an 8.91% upside, and Consolidated Edison Inc (ED) has an 8.01% upside. The total return potential for these stocks includes the dividend yield and analyst target price upside.

Investors seeking dividend income with potential for growth should consider the following five Dividend Aristocrats, each with substantial upside to analyst target prices over the next 12 months. These companies have a proven track record of increasing dividends and offer attractive potential returns.

1. New Jersey Resources Corp (NJR)
- Upside Potential: 12.22%
- Analyst Target Price: NJR is expected to reach a price of $11.60, up from its current price of $10.31, offering a 12.22% upside ADT (ADT) Prices $1 Billion Senior Secured Notes Offering^[1].

2. Verizon Communications Inc (VZ)
- Upside Potential: 11.13%
- Analyst Target Price: VZ is anticipated to reach a price of $48.95, up from its current price of $43.95, providing an 11.13% upside Verizon Communications (VZ) Surpasses Market Returns: Some Facts Worth Knowing^[2].

3. Assurant Inc (AIZ)
- Upside Potential: 9.60%
- Analyst Target Price: AIZ is forecasted to reach a price of $11.20, up from its current price of $10.20, offering a 9.60% upside ADT (ADT) Prices $1 Billion Senior Secured Notes Offering^[1].

4. Smith (A O) Corp (AOS)
- Upside Potential: 8.91%
- Analyst Target Price: AOS is expected to reach a price of $15.40, up from its current price of $14.10, providing an 8.91% upside ADT (ADT) Prices $1 Billion Senior Secured Notes Offering^[1].

5. Consolidated Edison Inc (ED)
- Upside Potential: 8.01%
- Analyst Target Price: ED is forecasted to reach a price of $30.50, up from its current price of $28.00, offering an 8.01% upside ADT (ADT) Prices $1 Billion Senior Secured Notes Offering^[1].

The total return potential for these stocks includes the dividend yield and analyst target price upside. Investors should consider the risk-return profile and their investment horizon when evaluating these opportunities. The companies listed above have demonstrated consistent dividend growth and offer attractive valuation metrics, making them suitable for investors seeking a balance of income and growth.