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Altria to Host Webcast of 2024 First-Quarter Results
Business Wire (Thu, 11-Apr 10:00 AM ET)
Business Wire (Tue, 19-Mar 4:15 PM ET)
Business Wire (Thu, 14-Mar 9:56 AM ET)
Altria Announces Intent to Sell a Portion of its Investment in Anheuser-Busch InBev
Business Wire (Wed, 13-Mar 4:15 PM ET)
Altria Declares Regular Quarterly Dividend of $0.98 Per Share
Business Wire (Thu, 29-Feb 12:45 PM ET)
Altria Group, Inc. Announces Retirement of Director Jacinto J. Hernandez From Board of Directors
Business Wire (Mon, 26-Feb 4:30 PM ET)
Business Wire (Wed, 21-Feb 12:00 PM ET)
Altria to Host Webcast From the Consumer Analyst Group of New York Conference
Business Wire (Wed, 7-Feb 10:00 AM ET)
Murray R. Garnick, Executive Vice President & General Counsel, Announces Decision to Retire
Business Wire (Thu, 1-Feb 7:05 AM ET)
Business Wire (Thu, 1-Feb 7:00 AM ET)
Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds 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 a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs. It operates a joint venture with Japan Tobacco in the heated tobacco category.
Altria Group trades on the NYSE stock market under the symbol MO.
As of April 19, 2024, MO stock price climbed to $42.17 with 5,063,302 million shares trading.
MO has a beta of 0.64, meaning it tends to be less sensitive to market movements. MO has a correlation of 0.19 to the broad based SPY ETF.
MO has a market cap of $74.58 billion. This is considered a Large Cap stock.
Last quarter Altria Group reported $5 billion in Revenue and $1.18 earnings per share. This beat revenue expectation by $354 million and exceeded earnings estimates by $.10.
In the last 3 years, MO stock traded as high as $57.05 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 stock has underperformed the market in the last year with a return of -0.2%, while SPY returned +21.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MO shares. However, MO has outperformed the market in the last 3 month and 2 week periods, returning +6.7% and +1.5%, while SPY returned +4.5% and -3.2%, respectively. This indicates MO has been having a stronger performance recently.
MO support price is $40.85 and resistance is $41.75 (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 stock will trade within this expected range on the day.