Altria Group, Inc. (MO)
| Market Cap | 74.85B |
| Revenue (ttm) | 24.89B |
| Net Income (ttm) | 6.82B |
| Shares Out | 1.77B |
| EPS (ttm) | 3.81 |
| PE Ratio | 11.03 |
| Forward PE | 8.11 |
| Dividend | $3.92 (9.29%) |
| Ex-Dividend Date | Sep 14, 2023 |
| Volume | 798,022 |
| Open | 42.21 |
| Previous Close | 42.33 |
| Day's Range | 41.96 - 42.21 |
| 52-Week Range | 40.35 - 48.11 |
| Beta | 0.62 |
| Analysts | Hold |
| Price Target | 107.40 (+154.59%) |
| Earnings Date | Oct 26, 2023 |
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 $107.4, which is an increase of 154.59% from the latest price.
News
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In trading on Wednesday, shares of Altria Group were yielding above the 9% mark
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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.
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E-cigarette maker Juul slashing 30% of workforce in bid to cut costs
The cuts will reduce operating expenses by $225 million, the Journal reported.
Juul to lay off 30% of workforce in bid to cut costs - WSJ
Juul Labs is planning to lay off 30% of its workforce as it looks to cut costs, the Wall Street Journal reported on Wednesday.
Altria Group sues Juul over e-vapor patent infringement
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Altria seeks import ban on certain Juul e-vapor products
Altria Group said on Tuesday its subsidiary, NJOY, has filed a complaint against Juul Labs with the U.S. International Trade Commission, seeking a ban on the import and sale of certain Juul e-vapor pr...
Altria Seeks Importation Ban of JUUL E-Vapor Products; Files Patent Infringement Actions Against JUUL Labs
RICHMOND, Va.--(BUSINESS WIRE)--Altria Seeks Importation Ban of JUUL E-Vapor Products; Files Patent Infringement Actions Against JUUL Labs.
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Altria Posts Narrow Earnings Beat and Maintains Profit Forecast
The maker of Malboro cigarettes saw revenue hit by lower cigarette volumes. Price hikes helped offset that.
Altria's second-quarter adjusted profit more than doubles
Altria Group Inc. MO, -0.15% stock was down fractionally in premarket trading on Tuesday after the tobacco company's profit more than doubled. The company said its second-quarter net income rose to $2...
Altria Reports 2023 Second-Quarter and First-Half Results; Reaffirms 2023 Full-Year Earnings Guidance
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--Altria Reports 2023 Second-Quarter and First-Half Results; Reaffirms 2023 Full-Year Earnings Guidance.
Juul seeks authorization on a new vape it says can verify a user's age. Here's how it works
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Juul seeks US authorization for new e-cigarette
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Juul Has a New High-Tech Vape and Hopes the FDA Won't Ban It
The e-cigarette maker is seeking U.S. authorization for a next-generation device, while waiting for word on whether its current products can stay on the market.
Altria to Host Webcast of 2023 Second-Quarter and First-Half Results
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--Altria To Host Webcast of 2023 Second-Quarter and First-Half Results.