Altria Group, Inc. (MO)
|Net Income (ttm)||6.82B|
|Ex-Dividend Date||Sep 14, 2023|
|Day's Range||41.96 - 42.21|
|52-Week Range||40.35 - 48.11|
|Price Target||107.40 (+154.59%)|
|Earnings Date||Oct 26, 2023|
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]
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
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.
We believe that Boston Scientific stock (NYSE: BSX) is a better pick over Altria stock (NYSE: MO), given its better prospects.
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...
In trading on Wednesday, shares of Altria Group were yielding above the 9% mark
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...
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...
RICHMOND, Va.--(BUSINESS WIRE)-- #ALTRIA--ALTRIA INCREASES QUARTERLY DIVIDEND BY 4.3% TO $0.98 PER SHARE.
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.
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.
Juul is awaiting a decision from U.S. regulators on whether its products can remain on the market.
The cuts will reduce operating expenses by $225 million, the Journal reported.
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 bought NJOY in June after the tobacco conglomerate exited its stake in Juul.
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.
The maker of Malboro cigarettes saw revenue hit by lower cigarette volumes. Price hikes helped offset that.
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.
E-cigarette company Juul Labs is seeking US authorization to sell a "next-generation" vape with age verification capabilities in the United States.
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 ...
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 ...
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 ...
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.
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--Altria To Host Webcast of 2023 Second-Quarter and First-Half Results.