56.60 0.00 (0.00%)
After hours: 6:49PM EDT
|Bid||56.32 x 3200|
|Ask||56.74 x 800|
|Day's Range||56.13 - 57.39|
|52 Week Range||53.91 - 77.79|
|PE Ratio (TTM)||10.11|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||2.80 (4.85%)|
|1y Target Est||69.31|
Lazy financial writers like to say that higher bond yields will hurt dividend stocks. This blanket statement may sound reasonable, but it’ll cost you money if you take it at face value.
Cigarette manufacturers' websites will feature statements about the health effects and addictive nature of smoking and nicotine. The corrective statements are part of the 2006 federal court decision that found that cigarette manufacturers engaged in racketeering. Tobacco companies have also been required to pay for a TV campaign about the risks of smoking.
Jim Cramer shares his take on callers' favorite stocks at lightning speed, including a medical technology company with a white-hot stock.
On June 8, Philip Morris International (PM) announced quarterly dividends of $1.14, a rise of 6.5% from its previous quarterly dividends of $1.07, and an annualized rate $4.56 per share. The dividends were announced at a payout ratio of 88.2% and a dividend yield of 5.7% given the company’s stock price of $79.42 as of June 8. Philip Morris stated that the dividends will be paid on July 11 to shareholders recorded as of June 22.
Over the past 10 years Altria Group Inc (NYSE:MO) has grown its dividend payouts from $1.16 to $2.8. With a market cap of US$106.68B, Altria Group pays out 46.97% ofRead More...
Altria’s (MO) EPS grew more than Philip Morris International’s (PM) in the first quarter, rising 30.1% YoY (year-over-year) to $0.95 from $0.73. The EPS growth was driven by revenue growth, net margin expansion, and stock repurchases. In the last four quarters, the company has repurchased 41.9 million shares for $2.9 billion. Stock repurchases boost the company’s EPS by lowering its number of shares outstanding.
During the first quarter, Altria (MO) had a gross margin, EBITDA margin, and net margin of 62.9%, 48.1%, and 38.5%, respectively, compared with 60.6%, 52.3%, and 30.7% in Q1 2017.
WallStEquities.com has selected the following stocks for review: Altria Group Inc. (NYSE: MO), British American Tobacco PLC (NYSE: BTI), Philip Morris International Inc. (NYSE: PM), and Vector Group Ltd (NYSE: VGR). Richmond, Virginia headquartered Altria Group Inc.'s stock finished Wednesday's session 0.04% lower at $56.31.
Will The Swiss Turn Swiss Banks Into Swiss Cheese on Sunday? On Sunday, Switzerland goes to the polls on a referendum that will decide if Swiss banks have the right to loan out more money than they actually have in deposits. The fractional reserve banking system, as it is often called, allows the creation of […] The post Market Morning: Swiss Threaten Banks, ECB Threatens Italy, UPS Workers Threaten Strike, EU Threatens US appeared first on Market Exclusive.
What Can We Expect from Altria and Philip Morris? Analysts expect Philip Morris International (PM) to post revenue of $31.3 billion in the next four quarters, representing 5.7% YoY (year-over-year) growth from $29.6 billion. Philip Morris expects currency-neutral net revenue growth of 8.0% this year.
In this series, we’ll analyze Altria’s (MO) and Philip Morris International’s (PM) first-quarter performance. We’ll also cover their guidance for 2018 and analysts’ estimates for the next four quarters.
San Francisco residents overwhelmingly voted to uphold a ban on all flavored tobacco. R.J. Reynolds, the maker of best-selling menthol cigarette brand Newport, poured more than $11.6 million into a campaign to fight the move. San Francisco residents overwhelmingly voted to uphold a ban on all flavored tobacco, including menthol cigarettes and flavored e-cigarette liquids.
Let's see if Altria Group, Inc. (MO) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Indeed, several of the largest and best-known consumer stocks in the world are trading at or near multi-year lows. Most have dropped at least 15% — a huge decline for stocks that are generally docile. Challenges in the consumer products space are very real.
Of the companies that saw big financial benefits from tax reform, several decided to share the wealth with their employees.
Can Altria Reverse Its Downward Momentum? Of the 15 analysts that follow Altria Group (MO), 73.3% favor a “buy,” and the remaining 26.7% favor a “hold.” None of the analysts favor a “sell” option. On April 30, RBC Capital upgraded the stock from “sector perform” to “outperform.” The investment firm has set a target price at $65, which represents a return potential of 16.8%.
Can Altria Reverse Its Downward Momentum? On May 17, Altria Group (MO) announced dividends of $0.70 per share, which will be paid on July 10, to shareholders on record as of June 15, 2018. The dividends were announced at a payout ratio of 70.0% and a dividend yield of 5.0% given the stock price of $55.64 as of May 21.