|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||86.31 - 88.50|
|52 Week Range||76.21 - 111.25|
|Beta (3Y Monthly)||0.05|
|PE Ratio (TTM)||20.10|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||4.56 (5.11%)|
|1y Target Est||93.06|
Juul announced Tuesday it would halt sales of its flavored e-cigarettes at retail locations and reduce its presence on social media.
Income investors may not know it yet, but many dividend stocks might be facing a significant threat as the Federal Reserve hikes interest rates through the end of 2019. It’s times like these that many investors seek dividend aristocrats, but there are other dividend stocks out there that are still worth checking out despite not being in this exclusive club. Starting with one of the most cyclical but most dependable in dividend income on this list, Ford (NYSE:F) offers a dividend yielding 6.3%.
PMI reaffirms its 2018 full-year reported diluted earnings per share forecast, provided with its third-quarter earnings results on October 18, to be in a range of $4.97 to $5.02, at the then prevailing exchange rates, representing a projected increase of approximately 28% to 29% versus reported diluted earnings per share of $3.88 in 2017. Excluding an unfavorable currency impact, at the then prevailing exchange rates, of approximately $0.12, the forecast range represents a projected increase of approximately 8% to 9% versus adjusted diluted earnings per share of $4.72 in 2017, calculated as reported diluted EPS of $3.88, plus tax items of $0.84 per share primarily related to the implementation of the Tax Cuts and Jobs Act (the “Tax Act”).
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of June 30. In this article, we look at what those funds think of Altria Group Inc (NYSE:MO) based on that […]
Shares of tobacco companies were hit hard again in premarket trade Monday, adding to the previous session's losses, after The Wall Street Journal reported that the Food and Drug Administration was planning to propose a ban on menthol cigarettes. Wells Fargo analyst Bonnie Herzog recommended buying the cigarette maker stocks on the dip, however, as she believes an outright ban of menthols "is very unlikely." Altria's stock slumped 3.0% ahead of the open, after dropping 3.0% on Friday, while the U.S.-listed shares of British American Tobacco PLC tumbled 7.7% after falling 4.2% on Friday. Philip Morris International Inc. shares shed 0.7% premarket after slipping 0.3% on Friday. The WSJ reported late Friday that while FDA Commissioner Scott Gottlieb plans to pursue a ban on menthols, citing senior agency officials, it could take a year or more to have the ban finalized. The move would come after the FDA concluded in 2013 that menthols are harder to quit, the WSJ report said. Wells Fargo's Herzog said she doesn't believe science supports the assertion that menthols are more harmful than non-menthols. "Bottom line, we encourage [long-term] oriented investors to take advantage of any [near-term] weakness in tobacco stocks (especially [Altria]) from this potential negative headline," Herzog wrote in a note to clients. Altria's stock has lost 7.4% over the past three months while the S&P 500 has lost 1.8%.
The Food and Drug Administration aims to extend Obama-era policies restricting e-cigarette sales to teen consumers. Ban flavored e-cigarette sales in gas stations and convenience stores. The latter policy would exclude tobacco-, menthol- and mint-flavored products, according to The Washington Post.
E-cigarette maker Juul Labs is facing increased scrutiny from regulators over its appeal to teenagers as vaping becomes an epidemic.
Philip Morris International Inc. (PM) will host a live audio webcast of a presentation and answer-and-question session by Martin King, Chief Financial Officer, at the Morgan Stanley Global Consumer & Retail Conference at www.pmi.com/2018morganstanley on Tuesday, November 13, 2018 at approximately 9:20 a.m. ET. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements.