In the latest trading session, Altria (MO) closed at $57.6, marking a -2.34% move from the previous day.
MO doubles its buyback to $2 billion, extending it to 2026, after heavy 2025 repurchases, signaling confidence in cash flows amid cigarette volume declines.
For some Americans, cigarettes are an essential product, despite the cost of smoking averaging $3,000 per smoker per year.
Altria (MO) reached $58.39 at the closing of the latest trading day, reflecting a -1.33% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Altria (MO). This makes it worthwhile to examine what the stock has in store.
E-vapor use hits about 21M U.S. adults, but growth skews to illicit disposables - leaving MO sidelined as NJOY faces limits and enforcement ramps up.
If you like big, steady income, there are a lot of tempting opportunities that have recently sold off significantly. In particular, this report reviews four distinct big-yield categories, from which Altria's category (well-covered qualified dividends) is arguably the best. After sharing big-yield data and reviewing four specific compelling opportunities (including a deep dive into Altria's business, "sin-stock" valuation, dividend, and risks), I conclude with my strong opinion on investing.
Altria Group said Chief Executive Billy Gifford will retire in May and named chief financial officer, Sal Mancuso, as Gifford's replacement.
MO trades at a steep discount with steady gains, but its momentum rests on pricing power, brand strength and managing persistent volume declines.
Altria widens smokeable margins despite falling cigarette volumes, powered by pricing strength and premium-brand resilience.
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.
Shares of Altria Group Inc. ( NYSE: MO ) gained 3.79% over the past month after plummeting 14.25% the month prior.