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Image source: Getty Images. Should you buy Altria stock right now? Altria currently trades at a price-to-earnings (P/E) ratio of about 9.1. By comparison, the P/E ratio of the S&P 500 is roughly 28.
On April 25, Altria Group reported a first-quarter FY24 sales decline of 2.5% year-over-year to $5.58 billion. It beat the analyst consensus estimate of $4.71 billion.
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Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of ...
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July 31, 2024 at 1:56 PM. The stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET ...
Income-oriented investors tend to be attracted to Altria Group (NYSE: MO) due to its high yield of 8.6% and long history of increasing its dividend every year since 2009. However, revenue growth ...
The tobacco giant's stock offers a huge yield backed by a growing dividend, but there are major risks investors must consider. Skip to main content. 24/7 Help. For premium support please call: ...
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