Altria Group, Inc. (MO)

NYSE: MO · Real-Time Price · USD
57.05
-0.14 (-0.24%)
Dec 3, 2024, 12:31 PM EST - Market open
-0.24%
Market Cap 96.68B
Revenue (ttm) 20.36B
Net Income (ttm) 10.26B
Shares Out 1.69B
EPS (ttm) 5.91
PE Ratio 9.66
Forward PE 10.69
Dividend $4.08 (7.15%)
Ex-Dividend Date Sep 16, 2024
Volume 1,737,053
Open 57.25
Previous Close 57.18
Day's Range 56.83 - 57.34
52-Week Range 39.25 - 58.04
Beta 0.67
Analysts Hold
Price Target 51.33 (-10.02%)
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 -10.02% from the latest price.

Price Target
$51.33
(-10.02% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Altria Group Dividend King Yields Over 7% And Continues To Break Out Toward $60

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5 Blue Chips Yielding Over 7% I'm Considering Buying, And So Should You

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5 days ago - Seeking Alpha

Capture Altria's 7% Yield In A Highly Regulated Industry

Altria, with a $90 billion market cap and more than 7% dividend yield, remains a valuable long-term investment due to its strong earnings. The company faces a significant regulatory burden and declini...

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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...

11 days ago - Forbes

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12 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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12 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...

14 days ago - Seeking Alpha

How I'd Build The Ultimate Dividend Retirement Portfolio Today

Early trading mistakes taught me the value of dividend investing, leading to a portfolio focused on dividend growth stocks for stability and income. Dividend stocks offer consistent growth, reliable c...

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21 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...

22 days ago - Seeking Alpha

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

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26 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...

27 days ago - Seeking Alpha

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

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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...

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

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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...

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4 weeks 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...

4 weeks 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 ...

4 weeks 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.

4 weeks ago - Reuters