Altria Group stock outperformed the S&P 500 over the past one year (total return), something you don't hear about so often. The return of the Trump administration has increased uncertainties on the regulatory approaches and also the possible supply chain impact. Investors have likely took profit recently to account for these challenges, but I explain why you shouldn't freak out and panic.
In the closing of the recent trading day, Altria (MO) stood at $51.04, denoting a -0.62% change from the preceding trading day.
Altria (MO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Since my prior article, Altria's total returns have meaningfully outpaced the S&P 500 index. The company topped analysts' expectations in the third quarter. Altria could be on the cusp of an upgrade in its credit rating to BBB+ from S&P.
There's a common misconception that companies set the dividend yield for their stocks. Remember, a company only sets the dividend amount it pays.
Altria Group Inc. (NYSE: MO) is rewarding its shareholders once again with a quarterly dividend of $1.02, payable on Friday, Jan.
Altria (MO) closed at $51.49 in the latest trading session, marking a +0.06% move from the prior day.
Altria (MO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
As we head into 2025, investors are reflecting on what was a red-hot 2024 for the stock market. Despite ending on a softer-than-expected note as the Fed tempered rate cut expectations, it was still a solid year all around, and the mood remains optimistic.
Generating income from dividends can prove very satisfying and rewarding. After all, you receive regular payments from your investments, as long as you pick reliable dividend-paying companies.
Altria's success depends on its HTS market entry via the Horizon JV with Japan Tobacco, leveraging Marlboro's brand strength to capture market share in the space underdeveloped in the US. Other smoke-free initiatives (on!, NJOY) also hold upside potential, but their financial impact hasn't been material yet. I believe HTS portfolio is a missing piece in the puzzle. Altria's current valuation is attractive, and as smoke-free initiatives, especially HTS, gain traction, multiples could be higher.
In the most recent trading session, Altria (MO) closed at $53.14, indicating a +1.2% shift from the previous trading day.