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3 High-Yields Unfazed by the Election: Altria, Truist, Verizon
MarketBeat· 2024-11-15 12:36
The recent surge across the markets, led by sectors like tech, energy, financials, and industrials, demonstrates that volatility surrounding election results can often drive attention away from more conservative, income-focused investments. Yet, for investors more focused on wealth conservation than high-risk growth, some stocks offer robust dividend yields and diversification without being overly influenced by political changes. Altria Group NYSE: MO, Truist Financial NYSE: TFC, and Verizon Communications ...
The Zacks Analyst Blog Philip Morris, Altria and British American Tobacco
ZACKS· 2024-11-15 08:06
For Immediate ReleasesChicago, IL – November 15, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Philip Morris International Inc. (PM) , Altria Group, Inc. (MO) and British American Tobacco p.l.c. (BTI) .Here are highlights from Friday’s Analyst Blog:3 Tobacco Stocks to Watch as Smoke-Free Trends Ign ...
Altria: Sit Back And Continue To NJOY The Dividends
Seeking Alpha· 2024-11-11 12:48
Altria (NYSE: MO ), one of the most prominent dividend payers, recently announced their third quarter earnings that saw the company deliver a strong quarter, opposite to their previous, which I'll touch more on later in the article.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to ...
Altria's Shares Rallied, but Is the Stock a Buy?
The Motley Fool· 2024-11-09 23:00
Altria's stock is up by more than 30% over the past year, with a recent, and sizable, post-earnings jump. Is it worth this price?Shares of Altria (MO 0.95%) have had a great run over the past year, gaining more than 30% in value. Third-quarter 2024 earnings got investors particularly excited, with the stock rallying sharply after the release. But is Altria's business really that good? To answer that question you need to dig into the numbers a little bit. But you only have to scratch the surface before you r ...
Is Altria Group a Buy, Sell, or Hold in 2025?
The Motley Fool· 2024-11-07 09:15
It's time to reassess the stock after Altria's surge this year.Stodgy tobacco stock Altria Group (MO 0.18%), most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year. The stock has returned over 34% year to date, good enough to outpace the S&P 500, even when excluding dividends.It's a pleasant gift to investors, who also enjoy a whopping 7.5% dividend yield from Altria.Such significant price gains are rare; Altria is a slow grower. T ...
Is Altria Stock Going to $60? 1 Wall Street Analyst Thinks So.
The Motley Fool· 2024-11-06 17:10
The company was the subject of a bullish research update on the back of a convincing quarterly earnings beat.On Halloween, Altria Group (MO 0.64%) released its latest set of quarterly figures. The results weren't scary at all -- in fact, a great many investors found them encouraging, and the cigarette maker's stock saw a decent pop in price.If one analyst's post-earnings take on the company is accurate, we're in for even more gains before too long.Firing up a strong quarterAltria published those quarterly n ...
Altria Lights Up With Strong Growth In Its Smoke-Free Portfolio
Seeking Alpha· 2024-11-06 13:30
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
As NJOY Powers Altria's Growth, Is It Time to Buy the Stock?
The Motley Fool· 2024-11-06 10:54
Core Viewpoint - Altria Group is attracting investors with a forward dividend yield of 7.5% and has consistently increased its dividend since 2009, despite facing challenges in revenue growth [1][6] Group 1: Financial Performance - Altria's Q3 results were significantly driven by its NJOY business, with consumable shipments increasing by 15.6% to 10.4 million units and device shipments more than doubling to 1.1 million units, gaining 2.8 points of U.S. market share to reach 6.2% [3] - The cigarette business continues to decline, with overall shipment volumes down 8.6%, including a 7.5% drop in Marlboro brand shipments and a 28.4% plunge in discount brand shipments [4] - Revenue net of excise taxes rose 1.3% to $5.34 billion, slightly exceeding analyst estimates, with adjusted EPS increasing by 7.8% to $1.38, surpassing the expected $1.35 [5] Group 2: Dividend and Cash Flow - Altria increased its dividend by 4.1% to an annual rate of $4.08, generating $5.4 billion in operating cash flow and $5.3 billion in free cash flow in the first nine months of the year, while paying out $5.1 billion in dividends [6] - The dividend coverage ratio has tightened, currently just over 1 times, down from over 1.2 times at the end of 2022, indicating a narrowing margin for covering the dividend with free cash flow [9][12] Group 3: Share Buybacks and Debt - The company repurchased 13.5 million shares for $680 million during the quarter, ending with net debt of $23.3 billion [7] - Altria maintains a debt-to-EBITDA leverage ratio of 2.1 times, indicating a manageable level of debt relative to earnings [9] Group 4: Valuation - Altria trades at a forward price-to-earnings (P/E) ratio of 10, which is significantly lower than its former international unit, Philip Morris International, which has a P/E ratio of 18.22 [10][11]
Billionaire Cliff Asness Sold 92% of AQR's Stake in Taiwan Semiconductor and Is Piling Into This Scorching-Hot Ultra-High-Yield Dividend Stock
The Motley Fool· 2024-11-06 09:06
Asness's AQR Capital Management disposed of almost its entire stake in artificial intelligence (AI) titan Taiwan Semi in favor of an industry-leading company that was sporting a 9% yield.Whether you're a relatively new investor or someone who's been putting their money to work on Wall Street for decades, you're probably aware of just how overwhelming the number of data releases can be. Between thousands of public companies reporting their operating results each quarter and economic data being released daily ...
4 October Dividend Raises: Biggest 10.6% From Mondelez, Largest Yield From Altria 7.5%.
Seeking Alpha· 2024-11-06 01:58
34 or 40% of the 85 stock “RIG” portfolio paid with 4 bringing a larger smile with raises. By the way, “RIG” = Rose’s Income Garden, the portfolio I have designed over many years to provide income for my retirement.Macro Trading Factory is a macro-driven service, run by a team of experienced investment managers.The service offers two portfolios: “Funds Macro Portfolio” & “Rose's Income Garden”; both aim to outperform the SPY on a risk-adjusted basis, in a relaxed manner.Suitable for those who either have li ...