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Altria Group, Inc. (MO)

NYSE - Nasdaq Real Time Price. Currency in USD
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47.87-0.17 (-0.35%)
As of 1:04PM EDT. Market open.
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  • M
    Mark
    I don’t get why this stock is flat. Great Earnings report. Prospects of Dividend increase. Game-players?
  • T
    Theo
    Big MO has made us long timers wealthy. We are at the point where the sp doesn’t matter. We are living off the dividends without a care in the world. I recommend you of younger years hear my words. Buy high yield companies with solid revenue streams and REINVEST those dividends while you are still working. You will wake up one day and be amazed how wealthy you have become
  • S
    Stockguru
    If we can get above $48.94 this week, Mo will race to $50. I still say you can by right here and do very well over the next 6-12 months.
  • D
    David
    Management actually had a blow out quarter. The earnings beat at $5.6B, but that is AFTER using $1.825B to retire debt ($1.5B) and share repurchases ($325M).

    If management had flipped the debt and didn’t by back the earning would have been ~$1/share higher (~$7.4B in total).

    That management could deliver stronger than expected revenues And earnings, and at the same time retire about 5% of the outstanding debt and also manage to repurchase 6.6M shares are very positive signs.
  • D
    David
    Not only beats and raised guidance, but average buyback price during the quarter was $49+ and they retired over $1B of debt.
  • b
    boris
    It's looking like they should have no problem announcing a raise in the dividend to at least $3.60 next month.
  • R
    Robert
    Next month they announce a .16 increase to annual dividend.
  • T
    ThaYoda
    "Announces the planned launch of IQOS ILUMA, the next generation of its IQOS heat-not-burn product featuring internal heating based on Smartcore™ induction technology, in the second half of 2021" https://www.pmi.com/media-center/press-releases/press-details?newsId=23361
  • k
    kris
    @Scott and anyone else confused on the news today. Per earnings call transcript, IQOS will “stay in” the current four state expansion markets including the heavily populated northern Virginia area (think DC) without expanding beyond that for now. FDA approval of IQOS as a RRP in the US will also have some weight in the case according to the transcripts. This will be tied up in court(s) for a while. I wouldn’t sell yet, long MO!!
  • K
    K
    Dividend cut will become a reality👇

    Philip Morris buying Altria is teed up by Morgan Stanley as possibility again
  • T
    ThaYoda
    Looking at the bull flag on the 6 mo chart. Looks like it has potential to spike to $55
  • P
    Pelosi for Jail
    At the expected dividend raise to $ 3.60, that's a 6.5% Yield at a $55 stock price.

    I see $ 55, at minimum, this year.
  • B
    Beef McBeef
    I am McBeef and MO is my noble steed. I shall ride ye olde dividends into early retirement
  • T
    ThaYoda
    Over $2.5 billion in buybacks remaining if the Wine Estate sale gets board approval for additional share repurchases
  • T
    ThaYoda
    "Altria expects to use the net proceeds from the Ste. Michelle Transaction for additional share repurchases.
    Altria’s existing share repurchase authorization is limited to $2 billion; therefore, additional share repurchases
    in connection with the Ste. Michelle Transaction are subject to Altria’s Board approval."
  • P
    Pelosi for Jail
    Gonna be hard to keep the low end of the share price out of the 50's, longterm, if they raise the dividend to $ 3.60. $ 3.60 and a $ 50 BOTTOM is my call.
  • k
    kris
    MO flirted with 48.00 today, I’m looking for something near 50.00 after earnings. Any thoughts?
  • B
    Bill
    If Buffett didn’t have to keep
    Up his wholesome image he would be building up a massive stake in MO.
  • C
    CM
    I like the low price for accumulation, but it would also be nice to hold some gains…
  • S
    Success isn’t a random event
    Predictions? I’m going to guess, smash expectations, down 4%. Ughh... I wish they would announce dividend hike tomorrow
    Bullish