MO Stock Summary and Trading Ideas (Altria Group | NYSE:MO)

Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with 42% annual share in 2023. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and operates a joint venture with Japan Tobacco in the heated tobacco category. It also recently disposed of its investment in Juul Labs.

Altria Group trades on the NYSE stock market under the symbol MO.

As of December 23, 2024, MO stock price declined to $52.98 with 2,144,301 million shares trading.

MO has a beta of -0.14, meaning it tends to be less sensitive to market movements. MO has a correlation of 0.01 to the broad based SPY ETF.

MO has a market cap of $89.79 billion. This is considered a Large Cap stock.

Last quarter Altria Group reported $6 billion in Revenue and $1.38 earnings per share. This beat revenue expectation by $210 million and exceeded earnings estimates by $.03.

In the last 3 years, MO traded as high as $58.04 and as low as $39.07.

The top ETF exchange traded funds that MO belongs to (by Net Assets): VTI, VOO, SCHD, SPY, IVV.

MO has outperformed the market in the last year with a return of +38.9%, while the SPY ETF gained +27.3%. In the last 3 month period, MO beat the market returning +5.1%, while SPY returned +4.0%. However, in the most recent 2 weeks MO has underperformed the stock market by returning -7.6%, while SPY returned -2.7%.

MO support price is $53.25 and resistance is $54.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MO shares will trade within this expected range on the day.