Altria has targeted a certain annual dividend increase. Its core business remains under pressure. Smokeable-product volume has continued to fall. Generating income from dividends can prove very ...
(Bloomberg) -- Altria Group Inc. kicked off a plan to cut at least $600 million of costs over the next five years as the tobacco group maintained its outlook for the year. The maker of Marlboro ...
And that’s obviously reflected in the “D” growth grade assigned to Altria. Hence, I believe unless you are a devoted income investor trying to milk the highly profitable business of MO while ...
Deep-pocketed investors have adopted a bullish approach towards Altria Group MO, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled ...
Altria reported revenues of $5.34 billion in the last reported quarter, representing a year-over-year change of +1.3%. EPS of $1.38 for the same period compares with $1.28 a year ago.
Altria Group, Inc. MO stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 9.85, representing a 16.9% discount compared to the Zacks Tobacco industry’s average of 11.85.
In a report released today, Eric Serotta from Morgan Stanley maintained a Hold rating on Altria Group (MO – Research Report), with a price target of $54.00. Discover outperforming stocks and ...
The firm the confirmed withdrawal is a “significant positive” for each of British American Tobacco (BTI), Altria Group (MO) and Imperial (IMBBY). Around 33% of the U.S. cigarette market in ...