krblokhin Altria (NYSE:MO), the 2nd-largest tobacco company by market cap, has performed relatively well since my latest Buy rating on the stock in May 2023. After reviewing the stock's valuation again today, I realized that it's still undervalued and has plenty of upside potential ahead. Additionally, the US tobacco market is actually expected to grow (albeit very slowly) in the coming years, so that can help Altria maintain relatively stable revenue figures in the longer term, even though it has seen ...

AngiePhotos/E+ via Getty ImagesMO stock: Previous thesis and capital allocation My last article on Altria Group (NYSE:MO) titled "Altria Q2, Cigarette Price Elasticity, And Market Panic" was published on Aug. 6, 2024, by Seeking Alpha. As you can see from the chart below, I rate the stock as a Buy based on the updates from its Q2 earnings report. More specifically, I discussed Altria's recent price divergence from the broader market and argued that this divergence is yet another demonstration of Altria' ...

Altria investors are very excited by the prospects for NJOY, but the tobacco company is nowhere near replacing its core business.The stock of Altria (MO -1.07%) has risen more than 20% over the past year as investor sentiment around cigarette makers has improved across the board. The big story for all the major companies in the space has been the growth of cigarette alternatives, like vaping products and pouches.For Altria, after a failed investment in Juul, the hot story is its purchase of NJOY. But don't ...

Altria (MO) closed the latest trading day at $54.27, indicating a -0.8% change from the previous session's end. The stock fell short of the S&P 500, which registered a loss of 0.3% for the day. At the same time, the Dow lost 0.54%, and the tech-heavy Nasdaq gained 0.25%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have appreciated by 9.35% over the course of the past month, outperforming the Consumer Staples sector's gain of 3.59% and the S&P 500's gain of 3.42%.Analysts an ...

Big tobacco producers Altria Group (MO)  and Philip Morris International (PM) have seen their stocks soar over +30% this year.  With both stocks offering lucrative dividends and trading near 52-week highs they may certainly be catching investors' attention. That said, let’s see if it’s time to buy Philip Morris or Altria's stock for higher highs.Image Source: Zacks Investment ResearchIncreased ProfitabilityComplimenting Philip Morris and Altria’s market position as tobacco producers has been the adoption of ...

Altria Group, Inc. (MO) has been benefiting from its strategic shift toward smoke-free products in the face of declining traditional cigarette volumes. Pricing power has also been working well for the company, which has seen its shares rally 35.3% in the past six months. While this performance trails the broader industry growth of 36.7%, it surpasses the Zacks Consumer Staples sector and S&P 500 gains of 7.8% and 10.6%, respectively.Image Source: Zacks Investment ResearchFocus on Smoke-Free Alternatives Dri ...

This industry leader's dividend is hard to resist, but its business is facing some serious challenges.Among ultra-high-yield dividend stocks of long standing, you don't get much more reliable than Altria Group (MO 0.77%). The company has consistently paid a generous dividend, and its stock is one of the market's rare Dividend Kings, meaning its management has enacted dividend raises at least once annually for at least 50 years in a row.Sure enough, like clockwork, Altria made its habitual once-per-year divi ...

Walgreens, Altria, and Verizon all have high yields, but are they worth buying just for the yield? Probably not. Here's a deeper look at each.It is understandable that dividend investors often start their search for investment candidates by looking at dividend yield. But just picking the highest-yielding stocks isn't likely to be a winning strategy over the long term. You need to do more digging.A look at the three highest-yielding stocks in the S&P 500 index, Walgreens Boots Alliance (WBA), Altria Group (M ...

In the latest trading session, Altria (MO) closed at $53.77, marking a +0.77% move from the previous day. This change lagged the S&P 500's 1.01% gain on the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, added 1.13%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have appreciated by 6.68% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.98% and the S&P 500's gain of 2.5%.Analysts and investors alike will be kee ...

It has been about a month since the last earnings report for Altria (MO) . Shares have added about 6.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Altria due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Altria's Q2 Earnings Lag Estimates, Cigarette Volumes DropA ...