Altria(MO)

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Altria (MO) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-09-05 22:51
Altria (MO) closed the latest trading day at $54.27, indicating a -0.8% change from the previous session's end. The stock fell short of the S&P 500, which registered a loss of 0.3% for the day. At the same time, the Dow lost 0.54%, and the tech-heavy Nasdaq gained 0.25%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have appreciated by 9.35% over the course of the past month, outperforming the Consumer Staples sector's gain of 3.59% and the S&P 500's gain of 3.42%.Analysts an ...
Time to Buy These Big Tobacco Stocks for Higher Highs?
ZACKS· 2024-09-04 21:26
Big tobacco producers Altria Group (MO) and Philip Morris International (PM) have seen their stocks soar over +30% this year. With both stocks offering lucrative dividends and trading near 52-week highs they may certainly be catching investors' attention. That said, let’s see if it’s time to buy Philip Morris or Altria's stock for higher highs.Image Source: Zacks Investment ResearchIncreased ProfitabilityComplimenting Philip Morris and Altria’s market position as tobacco producers has been the adoption of ...
Altria's Focus on Smoke-Free Products Aids Amid Soft Cigarette Volumes
ZACKS· 2024-09-03 15:00
Altria Group, Inc. (MO) has been benefiting from its strategic shift toward smoke-free products in the face of declining traditional cigarette volumes. Pricing power has also been working well for the company, which has seen its shares rally 35.3% in the past six months. While this performance trails the broader industry growth of 36.7%, it surpasses the Zacks Consumer Staples sector and S&P 500 gains of 7.8% and 10.6%, respectively.Image Source: Zacks Investment ResearchFocus on Smoke-Free Alternatives Dri ...
This Ultra High-Yield Dividend Stock Just Raised Its Payout. Should You Buy?
The Motley Fool· 2024-09-01 12:21
This industry leader's dividend is hard to resist, but its business is facing some serious challenges.Among ultra-high-yield dividend stocks of long standing, you don't get much more reliable than Altria Group (MO 0.77%). The company has consistently paid a generous dividend, and its stock is one of the market's rare Dividend Kings, meaning its management has enacted dividend raises at least once annually for at least 50 years in a row.Sure enough, like clockwork, Altria made its habitual once-per-year divi ...
Should You Buy the 3 Highest-Yielding Dividend Stocks in the S&P 500?
The Motley Fool· 2024-08-31 10:40
Walgreens, Altria, and Verizon all have high yields, but are they worth buying just for the yield? Probably not. Here's a deeper look at each.It is understandable that dividend investors often start their search for investment candidates by looking at dividend yield. But just picking the highest-yielding stocks isn't likely to be a winning strategy over the long term. You need to do more digging.A look at the three highest-yielding stocks in the S&P 500 index, Walgreens Boots Alliance (WBA), Altria Group (M ...
Altria (MO) Advances But Underperforms Market: Key Facts
ZACKS· 2024-08-30 22:45
In the latest trading session, Altria (MO) closed at $53.77, marking a +0.77% move from the previous day. This change lagged the S&P 500's 1.01% gain on the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, added 1.13%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have appreciated by 6.68% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.98% and the S&P 500's gain of 2.5%.Analysts and investors alike will be kee ...
Altria (MO) Up 6.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-08-30 16:37
It has been about a month since the last earnings report for Altria (MO) . Shares have added about 6.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Altria due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Altria's Q2 Earnings Lag Estimates, Cigarette Volumes DropA ...
Altria Rallies 15% in 3 Months: Should You Buy, Hold or Sell MO Stock?
ZACKS· 2024-08-30 15:10
Altria Group, Inc. (MO) has been experiencing gains from its efforts to solidify its position in the smoke-free product market in the face of declining cigarette volumes. The company’s shares have rallied 15.4% in the past three months. Although underperforming the industry’s growth of 19.3%, Altria has fared better than the broader Zacks Consumer Staples sector and the S&P 500’s respective gains of 5% and 5.6% in the same time frame.Image Source: Zacks Investment ResearchAltria closed the trading session a ...
This 7.7%-Yielding Sin Stock Just Increased Its Dividend Payment
The Motley Fool· 2024-08-30 10:50
Altria just raised its dividend by 4.1%.Although the stock market has generally held up during the past couple of years, both the S&P 500 and Nasdaq Composite experienced some hefty selling during the past month. While sell-offs are par for the course in the market, they can be quite jarring for inexperienced investors.One company that has been a consistent winner for decades is tobacco company Altria (MO 0.26%). Altria is considered to be a sin stock due to the products it sells -- primarily cigarettes.Alt ...
Altria: Trimming Due To Portfolio Concerns, But Dividend Well Covered
Seeking Alpha· 2024-08-26 03:01
krblokhin Altria Group, Inc. (NYSE:MO) has announced its 55th consecutive year of dividend increase as covered here by Seeking Alpha. The world of investing is filled with adages, repeated ad nauseam at times. But Altria is a living embodiment of "time over timing" as the company's quarterly dividend has now more than tripled since the spin-off in 2008. And without much fanfare, if not downright skepticism surrounding it. I have a history of covering dividend increases of my favorite stocks. The article lin ...