Altria Group, Inc. (MO)
| Market Cap | 71.35B |
| Revenue (ttm) | 24.62B |
| Net Income (ttm) | 8.76B |
| Shares Out | 1.77B |
| EPS (ttm) | 4.91 |
| PE Ratio | 8.22 |
| Forward PE | 7.78 |
| Dividend | $3.92 (9.72%) |
| Ex-Dividend Date | Dec 20, 2023 |
| Volume | 8,063,144 |
| Open | 40.15 |
| Previous Close | 40.18 |
| Day's Range | 40.09 - 40.40 |
| 52-Week Range | 39.07 - 48.11 |
| Beta | 0.70 |
| Analysts | Hold |
| Price Target | 47.44 (+17.6%) |
| Earnings Date | Feb 1, 2024 |
About MO
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. The company was ... [Read more]
Financial Performance
In 2022, Altria Group's revenue was $25.10 billion, a decrease of -3.53% compared to the previous year's $26.01 billion. Earnings were $5.76 billion, an increase of 132.89%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for MO stock is "Hold." The 12-month stock price forecast is $47.44, which is an increase of 17.60% from the latest price.
News
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Juul seeks US authorization for its new age-restricted menthol pods
Juul Labs said on Tuesday it was seeking U.S. authorization for its new menthol-flavored pods, which require user age verification, to be used with its e-cigarette device that is under review by regul...
Altria Declares Regular Quarterly Dividend of $0.98 Per Share
RICHMOND, Va.--(BUSINESS WIRE)--ALTRIA DECLARES REGULAR QUARTERLY DIVIDEND OF $0.98 PER SHARE.
Cigarette Makers Altria, Philip Morris Drop After Big BAT Write-down
London-listed British American Tobacco announced a $32 billion charge on the value of its brands. Shares of cigarette makers slipped.
Altria and Philip Morris stocks fall in sympathy with BAT after news of huge writedown
Altria Group Inc. MO, +0.16% and Philip Morris International Inc.'s stocks PM, -0.42% fell in premarket trade Wednesday, caught up in the downdraft created by British American Tobacco's massive $31.5 ...
What's Next For Altria Stock After A 6% Fall In A Month Amid Downbeat Q3?
The company reported revenue of $5.3 billion and adjusted profit of $1.28 per share compared to the consensus estimates of $5.4 billion in sales and $1.
Altria Group stock gets smoked, but there's a silver lining
The Altria Group Inc. NYSE: MO has been reinventing itself, transitioning more towards smokeless tobacco products. Tobacco smoking has been trending lower for years.
Companies Are Racing to Tap the Bond Market. Why They Suddenly Want to Issue Debt.
Monday's U.S. issuance of investment-grade corporate bonds was the highest since mid May, not counting the day after Labor Day.
Altria Stock Selloff Lifts Dividend Yield to Nearly 10%
Altria Group stock dove Thursday after investor disappointment with guidance. The dividend yield swelled nearly to double digits.
Marlboro maker Altria reports declining revenue, citing competition from illicit e-vapor products
The Marlboro maker said domestic cigarette shipment volume fell 11.6%, primarily driven by industry declines and competition from illicit e-vapor products.
Altria's adjusted earnings per share fall slightly short of estimates
Altria Group Inc.'s stock MO, +0.66% fell 0.7% in premarket trading on Thursday after the tobacco giant's earnings per share and revenue net of excise taxes missed Wall Street analyst expectations. Th...
Altria Narrows Full-Year Guidance. The Stock Slips.
The maker of Marlboro cigarettes posts third-quarter adjusted earnings of $1.28 a share, 1 cent short of Wall Street's expectations.
Altria Reports 2023 Third-Quarter and Nine-Months Results; Narrows 2023 Full-Year Earnings Guidance
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA REPORTS 2023 THIRD-QUARTER AND NINE-MONTHS RESULTS; NARROWS 2023 FULL-YEAR EARNINGS GUIDANCE.
Altria Group, Inc. Announces Retirement of Director Nabil Y. Sakkab From Board of Directors
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA GROUP, INC. ANNOUNCES RETIREMENT OF DIRECTOR NABIL Y. SAKKAB FROM BOARD OF DIRECTORS.
Altria's NJOY files lawsuit against 34 foreign and U.S. disposable-vape companies
Altria Group Inc. said Thursday its NJOY LLC operating company has filed lawsuits against 34 foreign and U.S. makers, distributors and online retailers of illicit disposable-vape products that are sol...
NJOY Brings Sweeping Litigation Against Illicit Disposable Vapor Manufacturers
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Against--NJOY Brings Sweeping Litigation Against Illicit Disposable Vapor Manufacturers.
Altria to Host Webcast of 2023 Third-Quarter and Nine-Months Results
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA TO HOST WEBCAST OF 2023 THIRD-QUARTER AND NINE-MONTHS RESULTS.
Is Boston Scientific A Better Pick Over Altria Stock?
We believe that Boston Scientific stock (NYSE: BSX) is a better pick over Altria stock (NYSE: MO), given its better prospects.
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Altria Group Shares Cross 9% Yield Mark
In trading on Wednesday, shares of Altria Group were yielding above the 9% mark
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Investing in good quality dividend stocks is always a good thing, especially among retirees and income-focused investors. These days, however, there are concerns about the need for these assets as hig...
Altria raises quarterly dividend by 4.3% to 98 cents a share
Altria Group Inc. MO, +0.07% said Thursday its board has approved a 4.3% hike in its quarterly dividend to 98 cents a share. The new dividend will be payable Oct. 10 to shareholders of record as of Se...
Altria Increases Quarterly Dividend by 4.3% to $0.98 Per Share
RICHMOND, Va.--(BUSINESS WIRE)-- #ALTRIA--ALTRIA INCREASES QUARTERLY DIVIDEND BY 4.3% TO $0.98 PER SHARE.