Altria Group, Inc. (MO)

NYSE: MO · IEX Real-Time Price · USD
47.73
+0.65 (1.38%)
Jul 12, 2024, 4:00 PM EDT - Market closed
1.38%
Market Cap 81.98B
Revenue (ttm) 24.34B
Net Income (ttm) 8.47B
Shares Out 1.72B
EPS (ttm) 4.79
PE Ratio 9.96
Forward PE 9.02
Dividend $3.92 (8.21%)
Ex-Dividend Date Jun 14, 2024
Volume 7,134,054
Open 47.20
Previous Close 47.08
Day's Range 47.11 - 47.83
52-Week Range 39.07 - 47.83
Beta 0.69
Analysts Hold
Price Target 45.67 (-4.32%)
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]

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 $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 Statements

Analyst Forecast

According to 7 analysts, the average rating for MO stock is "Hold." The 12-month stock price forecast is $45.67, which is a decrease of -4.32% from the latest price.

Price Target
$45.67
(-4.32% downside)
Analyst Consensus: Hold
Stock Forecasts

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.

18 days ago - Reuters

Altria Announces PMTA Submission for on! PLUS™ Nicotine Pouches

RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--Altria Announces PMTA Submission for on! PLUS™ Nicotine Pouches.

18 days ago - Business Wire

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...

Other symbols: BGSCAG
19 days ago - Benzinga

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...

22 days ago - Market Watch

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.

23 days ago - Business Wire

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.

23 days ago - CNBC

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.

23 days ago - New York Post

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...

23 days ago - Reuters

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 ...

Other symbols: KOMETA
4 weeks ago - Forbes

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.

4 weeks ago - Benzinga

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.

5 weeks ago - CNET

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.

5 weeks ago - Market Watch

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...

5 weeks ago - Forbes

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.

5 weeks ago - Reuters

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...

Other symbols: FCX
5 weeks ago - Forbes

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.

7 weeks ago - Business Wire

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...

Other symbols: BACAT
2 months ago - Schwab Network

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.

2 months ago - Business Wire

6 Dividend Stocks With Yields Higher Than the 10-Year Treasury

It's no secret that high interest rates are a headwind for dividend-paying stocks, but some are worth considering.

Other symbols: CFGDHASOKEWMB
2 months ago - Barrons

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.

2 months ago - Business Wire

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.

2 months ago - Reuters

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...

2 months ago - Market Watch

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.

2 months ago - Business Wire

Altria to Host Webcast of 2024 First-Quarter Results

RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA TO HOST WEBCAST OF 2024 FIRST-QUARTER RESULTS.

3 months ago - Business Wire

3 Dividend Stocks for April 2024

#Morningstar  #JPMogranChase #DividendStocks The dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings. 00:00 Introduction 00:11 Altria MO 01:28 J.P.

Other symbols: FMCJPM
3 months ago - Morningstar