Altria Group, Inc. (MO)
| Market Cap | 79.10B |
| Revenue (ttm) | 24.34B |
| Net Income (ttm) | 8.47B |
| Shares Out | 1.72B |
| EPS (ttm) | 4.79 |
| PE Ratio | 9.61 |
| Forward PE | 8.70 |
| Dividend | $3.92 (8.51%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 5,458,422 |
| Open | 46.00 |
| Previous Close | 46.03 |
| Day's Range | 45.76 - 46.14 |
| 52-Week Range | 39.07 - 47.19 |
| Beta | 0.67 |
| Analysts | Hold |
| Price Target | 45.28 (-1.67%) |
| Earnings Date | Jul 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]
Financial Performance
In 2023, Altria Group's revenue was $24.48 billion, a decrease of -2.44% compared to the previous year's $25.10 billion. Earnings were $8.13 billion, an increase of 41.05%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for MO stock is "Hold." The 12-month stock price forecast is $45.28, which is a decrease of -1.67% from the latest price.
News
Altria seeks FDA marketing order for oral nicotine pouch products
Tobacco giant Altria said on Wednesday it had submitted Premarket Tobacco Product Applications (PMTAs) to the U.S. Food and Drug Administration for its on! Plus oral nicotine pouch products.
Altria Announces PMTA Submission for on! PLUS™ Nicotine Pouches
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--Altria Announces PMTA Submission for on! PLUS™ Nicotine Pouches.
Wall Street's Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
FDA OKs first menthol e-cigarettes - citing potential to help adult smokers
WASHINGTON — The Food and Drug Administration on Friday authorized the first menthol-flavored electronic cigarettes for adult smokers, acknowledging that vaping flavors can reduce the harms of traditi...
NJOY Receives First FDA Authorizations for Menthol E-Vapor Products
RICHMOND, Va.--(BUSINESS WIRE)---- $MO--NJOY Receives First FDA Authorizations for Menthol E-Vapor Products.
FDA OKs first menthol e-cigarettes, citing potential to help adult smokers
The decision lends new credibility to vaping companies' longstanding claim that their products can help blunt the toll of smoking.
FDA approves first menthol flavored e-cigarettes from Altria's NJOY
The FDA's authorization comes at a time when the government is reviewing a potential ban on menthol cigarettes.
In a first, FDA authorizes flavored e-cigarettes from Altria's NJOY for sale in the US
The U.S. Food and Drug Administration authorized four of Altria's menthol e-cigarettes for sale in the country on Friday, making them the first ever flavored vapes the agency has permitted on the mark...
Ex-Dividend Reminder: Coca-Cola, Altria Group And Meta Platforms
On 6/14/24, Coca-Cola, Altria Group, and Meta Platforms will all trade ex-dividend for their respective upcoming dividends. Coca-Cola will pay its quarterly dividend of $0.485 on 7/1/24, Altria Group ...
How To Earn $500 A Month From Altria Group Stock
A more conservative goal of $100 monthly dividend income would require owning 306 shares of Altria Group.
Juul E-Cigarette Ban Reversed Pending FDA Review
The jury is still out on the safety of the chemical additives that go into the popular devices.
Juul e-cigarettes' FDA ban lifted
The U.S. Food and Drug Administration said Thursday that it has rescinded its 2022 orders blocking the marketing of Juul Labs Inc.'s e-cigarette products in the U.S.
FDA Rescinds Ban On Juul E-Cigarettes
The Food and Drug Administration rescinded its ban on Juul Lab's e-cigarette products Thursday—placing them back under scientific review—nearly two years after ordering a ban that was halted pending t...
US FDA rescinds market denial order for Juul products
The U.S. Food and Drug Administration (FDA) said on Thursday it was rescinding a June 2022 order that briefly blocked sale of Juul's products, including its device for e-cigarettes.
With Over 10% Gains This Year Is Altria Stock A Better Pick Than Freeport?
We believe that Altria stock (NYSE: MO) is a better pick over Freeport-McMoRan stock (NYSE: FCX), given its better prospects. Although these companies are from different sectors, we compare them becau...
NJOY Submits Premarket Tobacco Product Applications to the FDA for NJOY ACE 2.0 Featuring Bluetooth®-enabled Access Restriction Technology
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Access--NJOY Submits Premarket Tobacco Product Applications to the FDA for NJOY ACE 2.0 Featuring Bluetooth®-enabled Access Restriction Technology.
BA, CAT, MO: Stocks to Watch & Technical Trends
We believe there is still a chance to make a double digit move to the upside, notes Aquiles Larrea on Boeing (BA). He and Ben Lichtenstein discuss today's big three stocks Boeing, Caterpillar (CAT), a...
Altria Holds 2024 Annual Meeting of Shareholders; Declares Regular Quarterly Dividend of $0.98 Per Share
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA HOLDS 2024 ANNUAL MEETING OF SHAREHOLDERS; DECLARES REGULAR QUARTERLY DIVIDEND OF $0.98 PER SHARE.
Altria to Host Webcast of 2024 Annual Meeting of Shareholders
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA TO HOST WEBCAST OF 2024 ANNUAL MEETING OF SHAREHOLDERS.
Altria tops first quarter sales on higher pricing, robust demand for smokeless alternatives
Altria Group topped quarterly sales expectations on Thursday, driven by higher pricing and rising demand for alternatives to conventional tobacco products.
Altria's earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. MO, +0.12% said Thursday it had net income of $2.129 billion, or $1.21 a share, in the first quarter, up from $1.787 billion, or $1.00 a share, in the year-earlier period. Adjusted f...
Altria Reports 2024 First-Quarter Results; Reaffirms Full-Year Guidance
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA REPORTS 2024 FIRST-QUARTER RESULTS; REAFFIRMS FULL-YEAR GUIDANCE.
Altria to Host Webcast of 2024 First-Quarter Results
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA TO HOST WEBCAST OF 2024 FIRST-QUARTER RESULTS.