Altria Group, Inc. (MO)

NYSE: MO · IEX Real-Time Price · USD
-0.14 (-0.34%)
Sep 25, 2023, 9:57 AM EDT - Market open
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]

Industry Tobacco
Founded 1822
Employees 6,300
Stock Exchange NYSE
Ticker Symbol MO
Full Company Profile

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 Statements

Analyst 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.

Price Target
(154.59% upside)
Analyst Consensus: Hold
Stock Forecasts


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.

Other symbols: BSX
11 days ago - Forbes

Dividend Kings With the Highest Yield: 6 High Yields in 5 Minutes

Dividend Kings are attractive for risk-averse income investors and many other investment strategies. They have sustained and sustainable dividend growth and a relatively high yield compared to the ave...

14 days ago - MarketBeat

Altria Group Shares Cross 9% Yield Mark

In trading on Wednesday, shares of Altria Group were yielding above the 9% mark

18 days ago - Forbes

4 blue chip dividend stocks with 7%+ yields to buy

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...

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24 days ago - Invezz

Best Cash Cows to Buy

Cash cows bring in loads of free cash flow that help them sustain dividends and buybacks – and generate long-term value for investors.

26 days ago - Kiplinger

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...

4 weeks ago - Market Watch

Altria Increases Quarterly Dividend by 4.3% to $0.98 Per Share


4 weeks ago - Business Wire

5 Best High-Yield Dividend Stocks for Any Economic Climate

Dividend investors are willing to sacrifice growth in exchange for income collecting periodic dividend payments. This makes dividend stocks a stable, heavily owned and long-term investment.

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4 weeks ago - MarketBeat

5 High-Yielding S&P Stocks: Is It The Right Time To Buy?

About three-fourths of the S&P 500 pay a dividend. According to S&P Dow Jones Indices, dividends have contributed approximately 32% of total S&P return since 1926.

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4 weeks ago - MarketBeat

Juul to cut 30% of its workforce in bid to cut costs and boost profitability

Juul is awaiting a decision from U.S. regulators on whether its products can remain on the market.

4 weeks ago - CNBC

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.

4 weeks ago - New York Post

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.

4 weeks ago - Reuters

Altria Group sues Juul over e-vapor patent infringement

Altria bought NJOY in June after the tobacco conglomerate exited its stake in Juul.

4 weeks ago - CNBC

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...

4 weeks ago - Reuters

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.

4 weeks ago - Business Wire

3 Dividend Kings with a Royally Good Upside

Dividend Kings are tried and true investments with a long history of sustained dividend payments and distribution increases. The kind of track records that help investors sleep soundly at night, but t...

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4 weeks ago - MarketBeat

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.

7 weeks ago - Barrons

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...

7 weeks ago - Market Watch

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.

7 weeks ago - Business Wire

Juul seeks authorization on a new vape it says can verify a user's age. Here's how it works

E-cigarette company Juul Labs is seeking US authorization to sell a "next-generation" vape with age verification capabilities in the United States.

7 weeks ago - CNN Business

Is Juul making a comeback? Embattled vape company readies new device with age-verification tech

The e-cigarette is seeking FDA authorization on a next-gen product that won't work with unauthorized cartridges. After being buried in lawsuits in recent years accusing it of contributing to underage ...

2 months ago - Fast Company

The rise and fall of Juul: The e-cigarette maker's comeback plan includes a high-tech vape and a 'shots-on-goal' approach to the FDA

Over the last several years, Juul has gone from a darling of Silicon Valley to a company beset by legal challenges. The e-cigarette maker recently agreed to pay $462 million in a settlement that ends ...

2 months ago - Business Insider

Juul seeks US authorization for new e-cigarette

Juul Labs said on Wednesday it was seeking U.S. authorization for a new e-cigarette that has age-verification capabilities and prevents the use of unauthorized refill cartridges. The vaporizer, which ...

2 months ago - Reuters

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.

2 months ago - WSJ

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.

2 months ago - Business Wire