Altria Group (MO)
(Delayed Data from NYSE)
$42.87 USD
+0.30 (0.70%)
Updated Apr 23, 2024 03:59 PM ET
After-Market: $42.86 -0.01 (-0.02%) 7:58 PM ET
2-Buy of 5 2
C Value D Growth D Momentum D VGM
Company Summary
Altria Group has been evolving with the changing industry dynamics. Given the rising health consciousness and stern government regulations to discourage smoking, this tobacco behemoth has been moving beyond traditional cigarettes and expanding in the smokeless category. We note that revenues from the oral product category have been steadily rising on the back of growing popularity for reduced risk products.
This Richmond-based company specializes in cigarettes, smokeless products and wine. It is the holding company for Philip Morris USA, Inc. (PM USA), U.S. Smokeless Tobacco Company LLC (UST), John Middleton Inc., Philip Morris ...
Company Summary
Altria Group has been evolving with the changing industry dynamics. Given the rising health consciousness and stern government regulations to discourage smoking, this tobacco behemoth has been moving beyond traditional cigarettes and expanding in the smokeless category. We note that revenues from the oral product category have been steadily rising on the back of growing popularity for reduced risk products.
This Richmond-based company specializes in cigarettes, smokeless products and wine. It is the holding company for Philip Morris USA, Inc. (PM USA), U.S. Smokeless Tobacco Company LLC (UST), John Middleton Inc., Philip Morris Capital Corporation (PMCC) and Helix Innovations. Its service companies include Altria Client Services and Altria Group Distribution Company.
On Mar 14, 2024 Altria divested 35 million shares of Anheuser-Busch InBev SA/NA via a global secondary offering. It also holds investments in JUUL and Cronos Group. Altria concluded the buyout of NJOY Holdings, Inc on Jun 1, 2023. Financial results for NJOY will be reported under Altria’s “All Other" category from the second quarter of 2023.
Altria reports under the following segments on the basis of products.
The Smokeable Products (88.3% of Q4 Sales) segment comprises mainly of PM USA, sells major brands like Marlboro cigarettes, Virginia Slims cigarettes and Parliament cigarettes.
The Oral Tobacco Products (11.3%) segment has been benefiting from the inclusion of on! — a popular tobacco-derived nicotine pouch product.
The All Other segment holds Altria's investments in finance leases, principally in transportation (including aircraft), power generation and manufacturing equipment and facilities.
Altria recently announced that a subsidiary entered an agreement with a subsidiary of Philip Morris International related to the IQOS. Per the deal, Altria will receive cash worth around $2.7 billion in exchange for giving exclusive U.S. commercialization rights for the IQOS, from Apr 30, 2024.
Products of the company are mainly sold through distributors, wholesalers and large retail chains.
General Information
Altria Group, Inc
6601 WEST BROAD STREET
RICHMOND, VA 23230
Phone: 804-274-2200
Fax: 804-484-8231
Email: NA
Industry | Tobacco |
Sector | Consumer Staples |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 4/25/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.15 |
Current Year EPS Consensus Estimate | 5.09 |
Estimated Long-Term EPS Growth Rate | 3.30 |
Earnings Date | 4/25/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 42.57 |
52 Week High | 48.04 |
52 Week Low | 39.07 |
Beta | 0.65 |
20 Day Moving Average | 11,105,702.00 |
Target Price Consensus | 46.00 |
4 Week | -1.60 |
12 Week | 5.03 |
YTD | 5.53 |
4 Week | 2.48 |
12 Week | 3.30 |
YTD | 0.46 |
Shares Outstanding (millions) | 1,717.63 |
Market Capitalization (millions) | 73,119.35 |
Short Ratio | NA |
Last Split Date | 4/11/1997 |
Dividend Yield | 9.21% |
Annual Dividend | $3.92 |
Payout Ratio | 0.79 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 3/22/2024 / $0.98 |
Fundamental Ratios
P/E (F1) | 8.37 |
Trailing 12 Months | 8.60 |
PEG Ratio | 2.56 |
vs. Previous Year | 0.00% |
vs. Previous Quarter | -7.81% |
vs. Previous Year | -2.23% |
vs. Previous Quarter | -4.87% |
Price/Book | NA |
Price/Cash Flow | 8.29 |
Price / Sales | 2.99 |
3/31/24 | NA |
12/31/23 | -244.55 |
9/30/23 | -237.91 |
3/31/24 | NA |
12/31/23 | 23.71 |
9/30/23 | 24.02 |
3/31/24 | NA |
12/31/23 | 0.49 |
9/30/23 | 0.33 |
3/31/24 | NA |
12/31/23 | 0.39 |
9/30/23 | 0.21 |
3/31/24 | NA |
12/31/23 | 36.08 |
9/30/23 | 35.96 |
3/31/24 | NA |
12/31/23 | 33.21 |
9/30/23 | 35.58 |
3/31/24 | NA |
12/31/23 | 44.63 |
9/30/23 | 44.26 |
3/31/24 | NA |
12/31/23 | -1.97 |
9/30/23 | -1.90 |
3/31/24 | NA |
12/31/23 | 8.44 |
9/30/23 | 8.61 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |