Altria Group: Great Value Yielding 9.4%, Growing EPS, And $1B In Additional Buybacks

Is It Too Late to Buy Altria Stock?

08:08am, Monday, 05'th Feb 2024
Altria's core business faces an existential crisis. It's running out of ways to squeeze profits from its stagnant revenue.
Altria Q4: Why This Dividend King Will Continue To Reward Shareholders
Altria's growth is stagnant due to its declining cigarette business. But this is priced into the stock already, and the dividend is well funded.
Altria Group has raised its dividend every year for over a century, and it's offering a yield above 9% right now. Investors can receive a 9.5% yield from Ares Capital, a business development company w

Recent Stock Purchase January 2024

02:35am, Saturday, 03'rd Feb 2024
Recent Stock Purchase January 2024
Altria Group, Inc. is a dividend king with a market cap of $71 billion. Despite its strong fundamentals, Altria yields close to 10%. The issue is that the market overlooks the underlying fundamentals

Volatility Ahead? 3 Ways to Tame it

03:06pm, Thursday, 01'st Feb 2024
As investors navigate the dynamic landscape of Wall Street, the certainty of volatility becomes apparent. Stock Strategist Andrew Rocco explains 3 ways to combat volatility.
Altria Group, Inc. (MO) Q4 2023 Earnings Call Transcript

Marlboro maker Altria sparks up new $1B buyback

11:50am, Thursday, 01'st Feb 2024
Altria Group Inc (NYSE:MO) stock was smouldering higher after the maker of Marlboro cigarettes said it would be sparking up a new $1 billion share buyback plan. The owner of Philip Morris USA, US 
The headline numbers for Altria (MO) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimate

Altria (MO) Q4 Earnings Beat Estimates

09:10am, Thursday, 01'st Feb 2024
Altria (MO) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.18 per share a year ago.
Altria Group Inc.'s stock MO, -0.84% rose 1.3% in premarket trading after the tobacco company set a new $1 billion share buyback program and matched analyst estimates for adjusted earnings. Altria sai
Altria's (MO) fourth-quarter results are likely to reflect cigarette volume concerns, though strength in pricing and RRPs is likely to have been an upside.

Altria: Buy, Sell, or Hold?

08:20am, Monday, 29'th Jan 2024
Altria stock boasts a massive 9.7% dividend yield. The company's main product has been in decline for years.
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