This summary was created by AI, based on 8 opinions in the last 12 months.
Altria Group Inc, also known as Philip Morris Companies, Inc, is a well-established American corporation that is one of the largest producers and marketers of tobacco, cigarettes, and related products. With a long history of consistent dividend growth and relatively predictable revenue, earnings, and cash flow, it is considered a safe investment for its high dividend yield of around 9%. While it may not offer significant capital growth, its sustainability and long track record make it a relatively stable option for investors. Social media mentions have seen a significant increase in the past 24 hours, indicating potential market interest and attention.
A dividend story of about 8.7%. Shouldn't expect a lot of capital growth. 53 years of dividend growth averaging 6.9% growth per year, so sustainability is high. As a Canadian, you're giving up the dividend tax credit. Look for something in Canada.
Its only attraction is a dividend yield of 8%. It made a bad acquisition and has under-performed the food and tobacco 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 American stock, trading under the symbol MO-N on the New York Stock Exchange (MO). It is usually referred to as NYSE:MO or MO-N
In the last year, 2 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.
2 stock analysts on Stockchase covered Altria Group Inc In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Altria Group Inc (MO-N) stock closed at a price of $42.195.
Dividend play for the yield of around 9%, safe, grown for 53 years straight. You don't buy it for growth or for its fabulous future. Revenue, earnings, cashflow are relatively predictable. Trades between $40-50 pretty consistently. Not a terrible time to enter.