MO - Altria Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
47.97
+1.34 (+2.87%)
At close: 4:03PM EST
Stock chart is not supported by your current browser
Previous Close46.63
Open46.58
Bid0.00 x 1300
Ask0.00 x 2900
Day's Range46.52 - 47.98
52 Week Range39.30 - 57.88
Volume8,330,623
Avg. Volume11,632,417
Market Cap89.614B
Beta (3Y Monthly)0.43
PE Ratio (TTM)51.58
EPS (TTM)0.93
Earnings DateJan 29, 2020 - Feb 3, 2020
Forward Dividend & Yield3.36 (7.21%)
Ex-Dividend Date2019-09-13
1y Target Est51.82
  • ACCESSWIRE

    SHAREHOLDER ALERT: ADTN MO CC: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / November 17, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered ...

  • GlobeNewswire

    SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS MO, MTCH, SDC, WTRH INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

    NEW ORLEANS, Nov. 15, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.

  • ACCESSWIRE

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MO, SDC and UBER

    NEW YORK, NY / ACCESSWIRE / November 15, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...

  • GlobeNewswire

    Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Class Actions Against Covetrus, Inc. (CVET), Altria Group, Inc. (MO) & Capital One Financial Corporation (COF) 

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.

  • GlobeNewswire

    Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Altria Group, Inc.

    If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. On December 20, 2018, Altria acquired a 35% stake in investment in JUUL Labs, Inc. (“JUUL”), the purported U.S. leader in electronic vapor products, including e-cigarettes.

  • ACCESSWIRE

    CLASS ACTION UPDATE for WORK, MO and INFY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / November 15, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ...

  • ACCESSWIRE

    Bronstein, Gewirtz & Grossman, LLC Reminds of Class Actions Against Covetrus, Inc. (CVET), Altria Group, Inc. (MO) & Capital One Financial Corporation (COF)

    NEW YORK, NY / ACCESSWIRE / November 15, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can ...

  • GlobeNewswire

    SHAREHOLDER ALERT: SNDL MO CC TIGR: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, Nov. 14, 2019 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.

  • GlobeNewswire

    SHAREHOLDER ALERT: CLAIMSFILER REMINDS MO, MTCH, RUHN, SDC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

    NEW ORLEANS, Nov. 13, 2019 -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:.

  • ACCESSWIRE

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Altria Group, Inc. of Class Action Lawsuit and Upcoming Deadline - MO

    NEW YORK, NY / ACCESSWIRE / November 13, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against Altria Group, Inc. ("Altria" or the "Company") (MO) and certain of its officers. The class action, filed in United States District Court, for the Eastern District of New York, and indexed under 19-cv-05579, is on behalf of a class consisting of all persons and entities other than Defendants who purchased or otherwise acquired Altria securities between December 20, 2018 and September 24, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

  • ACCESSWIRE

    CLASS ACTION UPDATE for PUMP, MO and TEUM: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / November 13, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Lawsuit on behalf of: investors who purchased on behalf of shareholders who purchased securities pursuant and/or traceable to the Company's registration statement and prospectus issued in connection with the Company's March 2017 initial public offering and/or between February 17, 2017 and August 8, 2019. According to the filed complaint, (1) the Company's executive officers were improperly reimbursed for certain expenses; (2) the Company had engaged in certain undisclosed transactions with related parties; (3) the Company lacked adequate disclosure controls and procedures; (4) the Company lacked effective internal control over financial reporting; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

  • GlobeNewswire

    MO NOTICE: Pawar Law Group Reminds Investors of Deadline in Securities Class Action Lawsuit Against Altria Group, Inc. – MO

    Pawar Law Group announces that a class action lawsuit on behalf of shareholders who purchased shares of Altria Group, Inc. (MO) from December 20, 2018 through September 24, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Altria Group, Inc. investors under the federal securities laws. A class action lawsuit has already been filed.

  • Q3 Numbers Show Why Cronos Stock May Not Rebound in the Short Term
    InvestorPlace

    Q3 Numbers Show Why Cronos Stock May Not Rebound in the Short Term

    Canadian cannabis producer Cronos (NASDAQ:CRON) reported third-quarter 2019 numbers in early November that -- while strong on the revenue and volume fronts -- showed that this company is still struggling tremendously with profitability. CRON stock traded narrowly higher on the news. But, the 2% post-earnings bump in Cronos stock is nothing compared to the 50% beating shares have taken over the past six months.Source: Shutterstock Taking a step back, there are two realities here for CRON stock.First, Cronos increasingly appears positioned to be a survivor in this market, and CRON stock consequently appears materially undervalued relative to the company's long-term profit growth prospects.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSecond, investors won't buy into the first reality -- and CRON stock won't rebound -- until the company figures out its profitability issues, margins head higher and presently wide losses start narrowing.The investment implication? Don't buy the dip in CRON stock just yet. This stock will remain weaker for longer. But, keep the stock on your radar. Once the company does figure out its profitability issues, that could spark a huge rebound that you don't want to miss. Cronos Stock Is UndervaluedWhen it comes to cannabis stocks, my investment thesis is very simple.Current consumption trends imply that the cannabis market will be huge one day -- like alcoholic beverage and tobacco market huge. Each of those markets birthed multiple $20 billion-plus companies. The cannabis market will do the same. But, before it does, it will kill a bunch of companies. As the market matures and grows, it will consolidate around a few large players, who will reap all the rewards while everyone else falls by the wayside. That's just how markets work. * 7 Tech Stocks to Buy for the Rest of 2019 The implication is simple. About 95% of pot stocks today won't be around in a decade. As for the other 5%, they will turn into $20 billion-plus companies.It has become increasingly clear that Cronos belongs in the second, smaller group of long-term winners for various reasons.First, and most importantly, Cronos has landed a multi-billion dollar partnership with tobacco giant Altria (NYSE:MO). This gives Cronos unparalleled ability to invest in the cannabis market and tons of cash to buffer against wide losses today. Second, Cronos has been leveraging this partnership to drive huge volume and revenue gains. Volumes were up more than 500% year-over-year last quarter, while revenues were up nearly 240% year-over-year. Third, the company has also been leveraging its resources to lay the foundation for big growth in the long run. This includes acquiring new brands to broaden and diversify the product portfolio, expanding operations geographically to tap into new markets and building out capacity to further increase supply volumes.It looks like Cronos will survive cannabis market consolidation, and ultimately, turn into an important player in the global cannabis market. Assuming this, CRON stock looks undervalued today. Shares Won't Rebound YetAlthough CRON stock looks undervalued today, it's unlikely that shares will stage a huge comeback anytime soon.Why? Because investors won't buy into this idea that Cronos is a long-term winner until it becomes clear that the company can be profitable at scale.Right now, the profit trends don't look good. In the third quarter, gross margins dropped 14 points year-over-year and 12 points quarter-over-quarter to their lowest level of 2019. Long story short, legal-related expenses are making it tough for legal supply to compete with black market supply, so in order to move product, the legal channel is being forced to cut prices.So long as this dynamic persists, investors won't buy into the CRON stock rebound.When will this discounting problem get fixed? No one really knows. A lot of it depends on how legislation adapts to the current situation. Will black market penalties get more severe? Will legal market taxes be reduced?There is a clear lack of visibility as to exactly when Cronos' profit trends will improve. So long as this is true, CRON stock will remain weak. Bottom Line on CRON StockThere will come a time when buying the dip in CRON stock is the right move. Long term, this stock is going way higher as the cannabis market goes global.But, that time is not now. Instead, for the time being, Cronos stock will remain weak, mostly because the company's profit trends remain weak, and there is a lack of visibility as to when they will improve.Until they do improve, CRON stock won't rebound in a big way.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks to Buy for the Rest of 2019 * 7 Biotech Stocks to Buy With Plenty of Power in the Pipeline * 5 Stocks to Buy That Are Set for Monster Growth in 2020 The post Q3 Numbers Show Why Cronos Stock May Not Rebound in the Short Term appeared first on InvestorPlace.

  • ACCESSWIRE

    SHAREHOLDER ALERT: OLLI MO SDC: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / November 13, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered ...

  • ACCESSWIRE

    Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Actions Against Covetrus, Inc. (CVET), Altria Group, Inc. (MO) & Capital One Financial Corporation (COF)

    NEW YORK, NY / ACCESSWIRE / November 13, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can ...

  • GlobeNewswire

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SEE, MO, MTCH and CC

    NEW YORK, Nov. 13, 2019 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.

  • GlobeNewswire

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of MO, MTCH, SDC and WTRH

    CEDARHURST, N.Y., Nov. 12, 2019 -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of the following publicly traded companies..

  • ACCESSWIRE

    CLASS ACTION UPDATE for MO, RUHN and REZI: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / November 12, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ...

  • GlobeNewswire

    ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds Altria Group, Inc. Investors of Important Deadline in Securities Class Action – MO

    NEW YORK, Nov. 12, 2019 -- November 12, 2019. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Altria Group, Inc. (NYSE: MO) from.

  • Benzinga

    Juul Smokes Out 650 Jobs To Save $1B In Costs Next Year

    Vape maker Juul confirmed Tuesday it will speed up the pace of job cuts from 500 to 650 to save close to $1 billion next year, CNBC reported. What Happened Juul plans to eliminate around 16% of its total ...

  • 'We vape. We vote': Pro-vaping groups protest flavor ban
    Yahoo Finance

    'We vape. We vote': Pro-vaping groups protest flavor ban

    E-cigarette activists take to the streets of Washington DC to protest a proposed flavor ban.

  • GlobeNewswire

    CLASS ACTION UPDATE for MO, MTCH, UA and TIGR: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Nov. 12, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • Reuters

    Juul to cut $1 bln in costs as new CEO aims for reboot

    Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company's battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday.

  • ACCESSWIRE

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of CADE, MO and RUHN

    NEW YORK, NY / ACCESSWIRE / November 11, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. A class action has commenced on behalf of certain shareholders in Cadence Bancorporation.