Altria Group, Inc. (MO)

NYSE: MO · Real-Time Price · USD
56.73
+0.70 (1.25%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.25%
Market Cap 96.15B
Revenue (ttm) 20.36B
Net Income (ttm) 10.26B
Shares Out 1.69B
EPS (ttm) 5.91
PE Ratio 9.60
Forward PE 10.64
Dividend $4.08 (7.19%)
Ex-Dividend Date Sep 16, 2024
Volume 6,407,244
Open 56.25
Previous Close 56.03
Day's Range 56.24 - 56.84
52-Week Range 39.25 - 56.84
Beta 0.67
Analysts Hold
Price Target 51.33 (-9.52%)
Earnings Date Oct 31, 2024

About MO

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand. It sells its products to distributors, as well as large retail organizations, such as chain stores. The comp... [Read more]

Industry Tobacco
Founded 1822
Employees 6,400
Stock Exchange NYSE
Ticker Symbol MO
Full Company Profile

Financial Performance

In 2023, Altria Group's revenue was $20.50 billion, a decrease of -0.90% compared to the previous year's $20.69 billion. Earnings were $8.11 billion, an increase of 41.07%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for MO stock is "Hold." The 12-month stock price forecast is $51.33, which is a decrease of -9.52% from the latest price.

Price Target
$51.33
(-9.52% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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21 hours ago - Seeking Alpha

What's Behind The 50% Rise In MO Stock?

The stock price of Altria (NYSE: MO) has risen around 15% in a month, primarily due to a better than anticipated quarterly performance driven by growth in its oral tobacco products. Looking at a sligh...

1 day ago - Forbes

Dividend Harvesting Portfolio Week 194: $19,400 Allocated, $1,855.76 In Projected Dividends

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2 days ago - Seeking Alpha

Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy

AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...

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3 days ago - Seeking Alpha

Altria Group: Market Share Woes Continue To Undermine This Value Prospect

I maintain a 'hold' rating for Altria Group due to its declining market share and the ongoing reduction in smoking rates. Despite attractive valuation and growth in segments like NJOY and on!, overall...

4 days ago - Seeking Alpha

How I'd Build The Ultimate Dividend Retirement Portfolio Today

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11 days ago - Seeking Alpha

Altria: Sit Back And Continue To NJOY The Dividends

During Q3 earnings, Altria showed strong price appreciation thanks to continued growth in NJOY and on!. Smokeable products continued to see lower volumes due to consumers becoming more health consciou...

12 days ago - Seeking Alpha

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

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16 days ago - Seeking Alpha

Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'

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Dividend Harvesting Portfolio Week 192: $19,200 Allocated, $1,836.34 In Projected Dividends

Despite recent market declines, I remain confident in the Dividend Harvesting Portfolio, focusing on generating recurring income and mitigating downside risk. Big tech's increased CapEx spend is bulli...

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16 days ago - Seeking Alpha

Altria Lights Up With Strong Growth In Its Smoke-Free Portfolio

I see Altria benefiting from the shift to smoke-free products as the NJOY and on! brands gain volume while cigarette sales fall. NJOY's device shipments tripled in Q3 2024 with the FDA approving its m...

17 days ago - Seeking Alpha

4 October Dividend Raises: Biggest 10.6% From Mondelez, Largest Yield From Altria 7.5%.

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18 days ago - Seeking Alpha

Altria: A Prime Pick For Value Seekers

Altria Group, Inc.'s strong financial performance, new product traction, and compelling valuation support a “Strong Buy” rating, with a safe 7.6% forward dividend yield. Recent earnings showed positiv...

19 days ago - Seeking Alpha

Altria: Don't Be Fooled By The Market (Rating Downgrade)

Altria Group stock has outperformed the market and its peers, as my bullish thesis played out accordingly. The market will likely focus next on Altria's ability to carve out its market leadership in s...

20 days ago - Seeking Alpha

Altria: Despite Recent Gains, The Valuation Implies Negative FCF/Share Growth

Altria stock surged 7.83% after beating Q3 earnings expectations, with 1.3% net revenue growth and 7.8% adjusted EPS growth. The company has long-term growth potential through smoke-free products like...

22 days ago - Seeking Alpha

'Elect' The Best: Top 7 Dividend Aristocrats For A 6% Yielding November

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23 days ago - Seeking Alpha

Altria Group, Inc. (MO) Q3 2024 Earnings Call Transcript

Altria Group, Inc. (NYSE:MO) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations Billy Gifford - Chief Executive Of...

23 days ago - Seeking Alpha

Altria Q3 Review: Smoking Hot

Altria Group, Inc.'s 2024 Q3 once again highlights its core strengths. Non-traditional segments beginning to show early signs of promise. MO stock still appears undervalued, with a multiple of 10 and ...

23 days ago - Seeking Alpha

Altria posts better-than-expected Q3 results on robust demand for vapes, nicotine pouches

Altria Group beat market expectations for third-quarter revenue and profit on Thursday, as robust demand for its nicotine pouches and e-cigarettes helped soften the hit to its cigarettes category.

23 days ago - Reuters

Altria Reports 2024 Third-Quarter and Nine-Months Results; Reaffirms 2024 Full-Year Earnings Guidance

RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--Altria Reports 2024 Third-Quarter and Nine-Months Results; Reaffirms 2024 Full-Year Earnings Guidance.

24 days ago - Business Wire

Altria: Dividend Rise Makes Up For Fresh Challenges For NJOY

While Altria's share price hasn't particularly moved in recent months, there have been two crucial developments for it. One, the company's dividend increase has raised the forward yield to 8.2%, which...

26 days ago - Seeking Alpha

Altria: The Future Of The Cigarette Market

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