Altria(MO)

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Altria (MO) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-08 22:56
In the latest market close, Altria (MO) reached $41.96, with a +0.74% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.04%. Elsewhere, the Dow lost 0.03%, while the tech-heavy Nasdaq added 0.03%.The owner of Philip Morris USA, the nation's largest cigarette maker's shares have seen a decrease of 0.53% over the last month, surpassing the Consumer Staples sector's loss of 3.79% and falling behind the S&P 500's gain of 2.57%.Analysts and investors alike will ...
Altria Group, Inc. (MO) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-04-04 14:05
Altria (MO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this owner of Philip Morris USA, the nation's largest cigarette maker have returned +1.6% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Tobacco industry, to which Altria belongs, has gained 1.7% over this period. Now the key question is: Where could the stock be headed in the near t ...
Altria's 9% Dividend Yield Isn't the Most Important Investment Factor. This Is the One Investors Should Watch
The Motley Fool· 2024-04-04 13:01
Altria has a huge dividend yield, but long-term investors need to look past the alluring yield and focus on the business.It is very easy to lose sight of the most important details when there's one detail that stands out in a huge way. For example, the income you could generate by adding ultra-high-yield Altria (MO -1.89%) to your portfolio is very alluring, given its incredibly high 9% dividend yield. But for long-term income investors trying to live off the cash their portfolios generate, buying Altria fo ...
Sky-High Dividend Stocks With Massive Upside
24/7 Wall Street· 2024-03-31 15:45
High Dividend Yield Stocks - Altria Group Inc offers a dividend yield of 8 36% and operates in the tobacco industry The company recently received FDA approval to sell its heat-not-burn IQOS system in the United States Despite declining tobacco shipments Altria continues to impress with its ability to raise prices [2] - Annaly Capital Management Inc has a dividend yield of 11 8% and is in the banking sector The company trades at a significant discount to its book value of $8 39 Analysts at Deutsche Bank upgraded the stock from Hold to Buy and increased the price target from $6 75 to $8 00 [3] - AT&T Inc provides a dividend yield of 7 00% and is part of the telecommunications and media industry The company faces challenges with lower revenue from advertising around sports events and delayed movie releases However AT&T expects to maintain a total dividend payout in the 60% range [4] - Seagate Technology PLC has a dividend yield of 5 80% and operates in the data storage and management industry The company reported weak fiscal fourth-quarter results with a nearly 10% drop in stock value Despite flat revenue guidance annual earnings remain higher than the dividend payout of $2 60 per share [5] - Valero Corp offers a dividend yield of 7 30% and is in the oil and gas industry The company faced challenges during the shutdowns but has reaffirmed its dividend and targets a long-term total payout ratio between 40% and 50% of adjusted net cash provided by operating activities Valero ended its second quarter with $12 7 billion of total debt and $2 3 billion of cash and cash equivalents [7] Industry Overview - The tobacco industry is seeing a shift with Altria Group Inc receiving FDA approval for its heat-not-burn IQOS system which could provide a new revenue stream despite declining tobacco shipments [2] - The banking sector is represented by Annaly Capital Management Inc which despite lowering its dividend has seen positive analyst ratings and price target increases [3] - The telecommunications and media industry is facing revenue challenges due to reduced advertising around sports events and delayed movie releases as seen with AT&T Inc [4] - The data storage and management industry is experiencing flat revenue guidance and weak quarterly results as highlighted by Seagate Technology PLC [5] - The oil and gas industry is recovering from shutdown impacts with Valero Corp reaffirming its dividend and focusing on maintaining a long-term payout ratio [7]
Altria Stock vs. Medical Properties Trust: Which High-Yielding Dividend Is the Safer Option for Investors?
The Motley Fool· 2024-03-29 10:54
Investing in high-yielding dividend stocks can be risky. The yield is typically high for a reason, and it's usually not good. And the loftier the yield is, the more hesitant investors often are to invest in the stock, fearing that the payout may not last. Two stocks with incredibly high yields right now are Altria Group (MO -0.09%), the tobacco giant that pays investors 9%, and Medical Properties Trust (MPW -0.42%), a real estate investment trust (REIT) with a monstrous yield of 15%.Below, I'll make a case ...
Altria Group Crosses Above 9% Yield Territory
Forbes· 2024-03-22 19:33
In trading on Friday, shares of Altria Group were yielding above the 9% mark based on its quarterly dividend (annualized to $3.92), with the stock changing hands as low as $42.90 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you would have paid $146.88 per share. Fast ...
Altria (MO) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-03-21 22:56
In the latest trading session, Altria (MO) closed at $44.95, marking a +0.36% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.68%, and the technology-dominated Nasdaq saw an increase of 0.2%.Coming into today, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had gained 10.68% in the past month. In that same time, the Consumer Staples sector gained 1.81%, while the S&P 500 gained 5.11%.Mar ...
Altria (MO) Gains on Pricing Power & Smoke-Free Strength
Zacks Investment Research· 2024-03-19 15:51
Altria Group, Inc. (MO) has been navigating market uncertainties with the support of its pricing power and focus on smoke-free products. These upsides have been working well for the tobacco giant amid soft cigarette volumes.Pricing PowerAltria has been benefiting from its strong pricing power, which has helped the company stay firm amid challenges. Though higher pricing might lead to a possible decline in cigarette consumption, it is seen that smokers tend to absorb price increases due to the addictive qual ...
Altria: Still Undervalued, Buy On Strength
Seeking Alpha· 2024-03-18 11:25
Mario Tama My most recent coverage of my favorite stock, Altria Group, Inc. (NYSE:MO) was more than three months ago in December 2023. I had rated the stock a "Buy", urging investors to buy on the weakness triggered by a move by peer British American Tobacco p.l.c. (BTI). Since then, the stock has returned about 9% compared to the market's 12% return. Despite my liking for the stock, had someone told me at the time of my previous article that Altria's stock would outperform the S&P 500 in the first quar ...
Altria Has a New Plan to Unlock Value. It Could Be a Warning Sign for the High-Yield Dividend Stock.
The Motley Fool· 2024-03-18 09:15
Altria (MO -0.93%) hasn't had a lot of good news to report lately, but investors were cheering its latest move on Thursday, which will raise billions in cash.The Marlboro maker said it would sell a significant percentage of its stake in Anheuser-Busch InBev (BUD -0.34%). News of the sales sent the high-yielding dividend stock up 2.2% on Thursday.In a filing, Altria said it plans to sell 35 million shares of Anheuser-Busch through a public offering at $61.50 a share, and in addition, it would sell $200 milli ...