Zacks.com users have recently been watching Altria (MO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Altria (MO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Here is how Altria (MO) and United Natural Foods (UNFI) have performed compared to their sector so far this year.
Altria (MO -0.42%) owns the Marlboro brand, which has a roughly 41% market share in North America. That's huge and highlights the company's dominance in this geographic region.
MO shows resilience through strategic partnerships and pricing power amid challenges from illicit products and declining cigarette volumes.
Altria (MO) reachead $52.60 at the closing of the latest trading day, reflecting a -1.63% change compared to its last close.
I went from recommending Altria as a Sell last to now being a Strong Buy, with strong assumptions for its future revenue and earnings. Altria has a margin of safety and its upside has not yet been priced in by the market as its gains follow its EPS linearly. I'm confident that Altria's top-line erosion can be curtailed and that it will swing into positive territory by the middle of next year.
Altria (MO) reachead $52.99 at the closing of the latest trading day, reflecting a -0.49% change compared to its last close.
Making Altria the largest position of your dividend portfolio could help you to increase its potential for generating dividend income and reducing volatility. This is due to Altria's Dividend Yield [FWD] of 7.46% and its low 24M Beta Factor of 0.16. In this article, I will demonstrate how you could build a $100,000 dividend portfolio across 2 ETFs and 10 dividend paying companies, while holding Altria as the largest portfolio position.
Zacks.com users have recently been watching Altria (MO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
I will demonstrate why I believe that Altria and BB Seguridade Participações S.A. could be attractive additions to your dividend portfolio. Both companies have an attractive Valuation, combine dividend income and dividend growth, and can help you decrease the volatility of your dividend portfolio. While Altria offers a Dividend Yield [FWD] of 7.30%, BB Seguridade Participações S.A.'s stands at 8.64%. Both companies have also shown significant dividend growth in recent years.
Altria (MO -0.13%) is a consumer staples giant with a growing dividend and a huge 7.4% dividend yield. That looks like a big opportunity for income investors, given that the S&P 500 is only yielding 1.2% and the average consumer staples stock just 2.5%.