This stock may not be part of the most exciting stories in the stock market today, both in terms of its business model and price action. While every investor is watching the developments in the artificial intelligence space as closely as ever, the so-called “smart money” is looking elsewhere, this time surrounding the consumer staples sector for its recent picks that could become potential winners.
Altria Group has been raising its annual dividend for over 50 years. Additionally, the share price is up 13% year-to-date compared with a 2% gain in the S&P 500 index.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
The newly released Price Index for Tobacco products and the tariff disputes could be positive catalysts for Altria Group, Inc., but not factored in by the market yet. Price increases are more than sufficient to offset secular volume declines. Alternative products add further MO growth potential.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
With on! pouch shipments up and market share climbing, MO strengthens its position in smoke-free nicotine.
Altria (MO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Altria remains a buy for long-term investors, offering a nearly 7% dividend yield and strong dividend growth despite industry headwinds. The company's transition away from traditional cigarettes, with growth in NJOY, Helix, and on!, supports its future earnings outlook. Altria's low forward P/E and robust cash flow make it undervalued, with potential for price appreciation as interest rates decline.
Altria (MO) reported earnings 30 days ago. What's next for the stock?
Altria has outperformed the S&P 500 despite negative sentiment, validating my thesis of steady EPS growth and double-digit total returns. Strong capital allocation is evident through consistent dividends, share buybacks at fair value, and improved profit margins despite declining sales. While some acquisitions like Juul and NJOY were value-destructive, the on! brand shows strong growth and potential in the oral tobacco market.
Blue-chip dividend stocks are truly hard to find, particularly when investors start looking for names with big dividend yields that also provide relative stability (and Wall Street analysts think have significant upside potential).
When investors look for dividend stocks, one of the first metrics they consider is dividend yield. This measure measures how much a company pays out in annual dividends relative to its stock price.