Altria Group, Inc. (MO)
Altria: Don't Be Fooled By The Market (Rating Downgrade)
Altria Group stock has outperformed the market and its peers, as my bullish thesis played out accordingly. The market will likely focus next on Altria's ability to carve out its market leadership in smokeless products. MO's valuation metrics have narrowed relative to its sector peers and long-term averages.
The 2 Dividend Stocks To Own When Inflation Rips Back
[00:00:00] Doug McIntyre: They want to talk a little bit about inflation.
Is Altria's 8.2%-Yielding Dividend Worth the Risk? 1 Trend Suggests the Stock Could Be in Trouble.
At first glance, Altria might look like a safe dividend stock -- but that's far from the case.
Altria: Despite Recent Gains, The Valuation Implies Negative FCF/Share Growth
Altria stock surged 7.83% after beating Q3 earnings expectations, with 1.3% net revenue growth and 7.8% adjusted EPS growth. The company has long-term growth potential through smoke-free products like NJOY and rewards shareholder via dividends and buybacks in the meantime. Altria announced a cost-saving initiative called "Optimize & Accelerate," which is expected to save the company at least $600 million over the next five years.
1 Reason I Haven't Bought Altria Group and Probably Never Will
Smoking doesn't align with my personal values.
Why Altria Stock Was Surging Today
The market was clearly impressed how management is coping with the company's challenging situation.
Altria Group, Inc. (MO) Q3 2024 Earnings Call Transcript
Altria Group, Inc. (NYSE:MO ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations Billy Gifford - Chief Executive Officer Sal Mancuso - Executive Vice President and Chief Financial Officer Conference Call Participants Matt Smith - Stifel Bonnie Herzog - Goldman Sachs Faham Baig - UBS Callum Elliott - Bernstein Operator Mac Livingston - Vice President of Investor Relations Billy Gifford - Chief Executive Officer Sal Mancuso - Chief Financial Officer Operator Good day everyone and welcome to the Altria Group 2024 Third Quarter Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Altria's management and question-and-answer session.
MO Q3 Earnings Top Estimates on Pricing Amid Low Cigarette Volumes
Altria's Q3 results reflect strong pricing, while cigarette shipment volumes remain soft. Management announces the Optimize & Accelerate initiative.
Altria Q3 Review: Smoking Hot
Altria Group, Inc.'s 2024 Q3 once again highlights its core strengths. Non-traditional segments beginning to show early signs of promise. MO stock still appears undervalued, with a multiple of 10 and a yield of 8%.
Altria (MO) Q3 Earnings and Revenues Surpass Estimates
Altria (MO) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.28 per share a year ago.
Altria posts better-than-expected Q3 results on robust demand for vapes, nicotine pouches
Altria Group beat market expectations for third-quarter revenue and profit on Thursday, as robust demand for its nicotine pouches and e-cigarettes helped soften the hit to its cigarettes category.
Ultra-High-Yield Altria Stock: Buy, Sell, or Hold?
Altria has a lofty 8.2% yield, but that yield comes with material risks. You shouldn't buy it unless you can handle significant uncertainty.
