http://www.fotogestoeber.de Introduction Altria (NYSE:MO) is a very popular stock here on Seeking Alpha and for good reason. The company is a Dividend King that pays a large chunk of its cash flow to investors in the form of dividends. And as you can tell by my handle, I love collecting them! I've written on Altria a few times and it's currently the largest dividend payer in my portfolio. In this article I discuss their recent Q4 earnings, one thing in particular I was paying close attention to, and why ...

Wall Street experts are bullish on U.S. tobacco company Altria Group (MO -0.86%), which sells Marlboro cigarettes domestically. The average 12-month price target from analysts implies a 15% upside, plus investors must factor in a tremendous dividend that yields almost 10% at the current share price.But the stock has underperformed the broader market for several years, so is this where investors can finally see some steady green? The company recently reported fourth-quarter earnings for 2023, setting the ton ...

Mario Tama Introduction Altria Group, Inc.'s (NYSE:MO) is a well-known dividend king, which has paid growing dividends for already 54 years in a row. It has also a market cap of $71 billion, which means that MO is included in major U.S. equity indices that focus on large-cap and/or dividend-paying stocks. Despite the remarkable history, strong position in the market, growing earnings, and increasing buybacks, Altria yields close to 10%. In my opinion, there is a huge disconnect between the underlying fundam ...

Altria Group, Inc. (NYSE:MO) Q4 2023 Results Conference Call February 1, 2024 9:00 AM ET Company Participants Mac Livingston - Vice President, Investor Relations Billy Gifford - Chief Executive Officer Sal Mancuso - Executive Vice President and Chief Financial Officer Conference Call Participants Matt Smith - Stifel Pamela Kaufman - Morgan Stanley Bonnie Herzog - Goldman Sachs Callum Elliott - Bernstein Pallav Mittal - Barclays Jennifer Maloney - Wall Street Journal Operator Good day everyone, and welcome t ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Altria (MO) reported $5.02 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.2%. EPS of $1.18 for the same period compares to $1.18 a year ago.The reported revenue represents a surprise of -1.20% over the Zacks Consensus Estimate of $5.09 billion. With the consensus EPS estimate being $1.17, the EPS surprise was +0.85%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

Altria (MO) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.85%. A quarter ago, it was expected that this owner of Philip Morris USA, the nation's largest cigarette maker would post earnings of $1.29 per share when it actually produced earnings of $1.28, delivering a surprise of -0. ...

Altria Group Inc.’s stock MO, -0.84% rose 1.3% in premarket trading after the tobacco company set a new $1 billion share buyback program and matched analyst estimates for adjusted earnings. Altria said its fourth-quarter profit fell by 23% to $2.06 billion, or $1.16 a share, from $2.69 billion, or $1.50 a share, in the year-ago quarter. Altria’s adjusted fourth-quarter profit of $1.18 a share matched the FactSet consensus estimate. Revenue dipped by 1.2% to $5.02 billion, slightly shy of the analyst estima ...

RICHMOND, Va.--(BUSINESS WIRE)--(NYSE: MO) Murray R. Garnick, Executive Vice President & General Counsel of Altria Group, Inc. (Altria), has notified the company of his decision to retire effective April 1, 2024. Murray’s distinguished career spanned nearly 40 years in support of Altria and its family of companies. He joined Altria Client Services LLC (ALCS) in 2008 as Senior Vice President & Associate General Counsel after more than two decades representing Altria and its subsidiaries in litigation matters ...

Altria Group, Inc. (MO) is likely to register a bottom-line decline when it reports fourth-quarter 2023 earnings on Feb 1. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at $1.17 per share. This indicates a decline of 0.9% from the year-ago quarter’s reported figure. MO has a trailing four-quarter negative earnings surprise of 0.4%, on average.The Zacks Consensus Estimate for revenues is pegged at $5.1 billion, suggesting a slight increase from the prior-year quarter’s ...