Altria Group, Inc. (MO)

NYSE: MO · Real-Time Price · USD
49.06
-0.55 (-1.11%)
At close: Oct 21, 2024, 4:00 PM
49.15
+0.09 (0.18%)
After-hours: Oct 21, 2024, 7:36 PM EDT
-1.11%
Market Cap 83.71B
Revenue (ttm) 20.30B
Net Income (ttm) 10.13B
Shares Out 1.71B
EPS (ttm) 5.78
PE Ratio 8.49
Forward PE 9.37
Dividend $4.08 (8.32%)
Ex-Dividend Date Sep 16, 2024
Volume 5,001,679
Open 49.62
Previous Close 49.61
Day's Range 49.01 - 49.69
52-Week Range 39.07 - 54.95
Beta 0.68
Analysts Hold
Price Target 48.20 (-1.75%)
Earnings Date Oct 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 $20.50 billion, a decrease of -0.90% compared to the previous year's $20.69 billion. Earnings were $8.11 billion, an increase of 41.07%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MO stock is "Hold." The 12-month stock price forecast is $48.2, which is a decrease of -1.75% from the latest price.

Price Target
$48.2
(-1.75% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Altria: Dividends Still Don't Lie

For dividend champs like MO, dividends provide the most reliable insights into its true economic earnings. Given the stock's recent dividend raise of 4%, I see a sizable margin of safety judging by th...

9 hours ago - Seeking Alpha

Wakeup Call - It's Time To Buy High-Yield Dividends

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20 hours ago - Seeking Alpha

3 Fortune 500 Industry Leaders Boast Ideal October Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per Y...

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2 days ago - Seeking Alpha

Altria to Host Webcast of 2024 Third-Quarter and Nine-Months Results

RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--Altria to Host Webcast of 2024 Third-Quarter and Nine-Months Results.

4 days ago - Business Wire

Dividend Harvesting Portfolio Week 189: $18,900 Allocated, $1,775.79 In Projected Dividends

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4 days ago - Seeking Alpha

Philip Morris International Will Likely Hurt Altria Group's Smoke-Free Business

Altria Group lags in transitioning to smoke-free products, with only 13% of revenue from non-combustibles compared to Philip Morris International's 38%. Philip Morris International is expanding its US...

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8 days ago - Seeking Alpha

Buy 7 October Dividend Kings, Watch 10 More

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10 days ago - Seeking Alpha

3 Of My Favorite High-Yield Stocks For What's Next

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10 days ago - Seeking Alpha

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The Dividend Harvesting Portfolio hit new highs, generating $1,764.21 in forward dividend income, with a 24.70% return on invested capital. Added to NEOS S&P 500 High Income ETF and NEOS Nasdaq-100 Hi...

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11 days ago - Seeking Alpha

Philip Morris vs Altria: Which is the better tobacco stock?

Philip Morris (PM) and Altria (MO) stocks have done well this year as investors moved back to tobacco companies. Altria jumped to a record high of $53.9 in September, a 50% increase from its lowest po...

Other symbols: PM
13 days ago - Invezz

Altria Has An 8% Yield And Reliable Earnings Growth

Altria, a major tobacco producer, offers an 8% dividend yield, making it an attractive long-term investment despite its "sin stock" label. The company's strong earnings support its high dividend yield...

13 days ago - Seeking Alpha

8 Dividend Aristocrats For Monthly 6% Yield

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16 days ago - Seeking Alpha

My Top 10 High Dividend Yield Companies For October 2024: One Yields More Than 9%

Companies that pay sustainable dividends not only offer dividend income, but also position your portfolio for capital appreciation. I will introduce you to 10 high dividend yield companies with sustai...

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18 days ago - Seeking Alpha

Altria: An 8% Dividend Yield Is Intact

Altria's 8% forward dividend yield is rock-solid, supported by a strong financial position and impressive profitability, making it a top dividend play. The company is successfully transforming with in...

18 days ago - Seeking Alpha

14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October

The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you kno...

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23 days ago - Seeking Alpha

Dividend Harvesting Portfolio Week 186: $18,600 Allocated, $1,735.68 In Projected Dividends

The Fed has initiated a rate-cutting cycle, reducing rates by 50 bps, with potential further cuts in November, setting a positive market outlook. The Dividend Harvesting Portfolio reached an all-time ...

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25 days ago - Seeking Alpha

2 High-Paying Dividend Stocks I'm Buying If We See A Correction In October

As a long-term dividend investor, I anticipate a market correction in October, presenting opportunities to buy quality stocks at a discount if history repeats itself. Altria, despite risks from declin...

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26 days ago - Seeking Alpha

11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs

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4 weeks ago - Seeking Alpha

Is It Time To Start Selling Altria, British American And Philip Morris? 4 Things You Need To Know

Tobacco dividend aristocrats Altria, Philip Morris and British American Tobacco experienced a sharp, isolated decline despite no significant news, suggesting random market noise. All three companies m...

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4 weeks ago - Seeking Alpha

Dividend Harvesting Portfolio Week 185: $18,500 Allocated, $1,726.55 In Projected Dividends

The Dividend Harvesting Portfolio rebounded sharply, achieving a 23.32% ROI and generating $1,726.55 in forward dividend income, benefiting from anticipated rate cuts. Added to positions in Ford, Brit...

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4 weeks ago - Seeking Alpha

September's 5 Dividend Growth Stocks With 5.11%+ Yields

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4 weeks ago - Benzinga

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5 weeks ago - Seeking Alpha

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