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Altria Group, Inc., founded in 1919 and headquartered in Richmond, VA, is a significant player in the tobacco industry, primarily focusing on the manufacture and sale of cigarettes through its Smokeable and Oral Tobacco Products segments. The company is also involved in the emerging heated tobacco business with products like IQOS. Despite facing controversies due to the negative perception of the cigarette industry, Altria offers an attractive dividend yield of 8.4%, which appeals to income-focused investors. Recently, the company has experienced a massive surge in social media mentions, indicating rising public interest, although competition remains a concern as rival companies like Phillips Morris are set to launch new smokeless alternatives. The overall market sentiment appears mixed as analysts acknowledge both strong potential for share appreciation and the inherent risks of operating within a stigmatized industry.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
MO has performed well, only down around 4% in 2022 (with dividends included), and now trading at 8.9x times' Forward P/E.
In the 3Q, MO’s revenue declined 3.5% to $5.4B, missing estimates of $5.59B and EPS was $1.28, slightly missing estimates of $1.30.
The balance sheet is leveraged with net debt of $23.8B.
Total debt is around 2.9x times trailing twelve-month cash flow of $8.3B, and cash flow remained flat compared to $8.4B last year.
We would have almost no concerns on the dividend.
Overall, MO looks okay from a yield standpoint, but we would not really expect capital gains with low growth overall. We do like PM better within the sector. Unlock Premium - Try 5i Free
Altria Group Inc is a OTC stock, trading under the symbol MO-N on the (). It is usually referred to as or MO-N
In the last year, 3 stock analysts published opinions about MO-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Altria Group Inc.
Altria Group Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Altria Group Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Altria Group Inc In the last year. It is a trending stock that is worth watching.
On , Altria Group Inc (MO-N) stock closed at a price of $.
Altria Group, Inc. is a holding company, which engages in the manufacture and sale of cigarettes in the United States. It operates through the following segments: Smokeable Products, Oral Tobacco Products, and All Other. The Smokeable Products segment consists of cigarettes manufactured and sold by PM USA, and machine-made large cigars and pipe tobacco manufactured and sold by Middleton. The Oral Tobacco Products segment includes MST and snus products manufactured and sold by USSTC, and oral nicotine pouches manufactured and sold by Helix. The All Other segment refers to the financial results of NJOY, Helix ROW, and the IQOS System heated tobacco business. The company was founded in 1919 and is headquartered in Richmond, VA. Social media mentions are up 2400% in the past 24h.