54.68 0.00 (0.00%)
After hours: 4:37PM EDT
|Bid||54.91 x 800|
|Ask||55.02 x 800|
|Day's Range||54.24 - 56.38|
|52 Week Range||49.07 - 76.98|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||14.90|
|Earnings Date||May 25, 2017 - May 26, 2017|
|Forward Dividend & Yield||3.04 (5.42%)|
|1y Target Est||59.00|
The White House announced that due to number of deaths believed to be linked to vaping, they’re considering a ban on flavored e-cigarettes. Yahoo Finance’s Zack Guzman, Jessica Smith and Sibile Marcellus discuss with BigEyedWish Founder Ian Wishingrad.
[Editor's note: "3 Top Tobacco Stocks Still Burning Strong" was previously published in July 2019. It has since been updated to include the most relevant information available.] In many respects, the top tobacco stocks defy logic. The Surgeon General's Office released its warning about the dangers of tobacco in 1964. Despite a sustained anti-smoking crusade, tobacco stocks continued marching higher. As the climate at home became more hostile, these firms have found new customers overseas.They also found other sources of revenue. The latest new source for tobacco stocks? The cannabis industry. Long illegal throughout the world, marijuana continues to gain both acceptance and legal status. Moreover, anyone who pays even scant attention to business news knows marijuana stocks continue to rise. This industry could easily become a new profit center for tobacco companies. Furthermore, tobacco companies know how to navigate the hostile regulatory climate cannabis will face, particularly in the United States.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Industrial Stocks to Buy for a Strong U.S. Economy Whatever direction the tobacco industry takes, I would not bet on its decline despite the negative public image of cigarettes. With new product lines and creative marketing, I think the following top tobacco stocks should continue to perform well.Source: Peyri Herrera via Flickr (Modified)[/ipm_caption] Altria Group, Inc. (MO)Perhaps no large company defines the top tobacco stocks more than Altria (NYSE:MO). Altria manages to keep profits moving higher, despite its core product's falling popularity. The parent company for brands like Marlboro (in the U.S.) and Parliaments has also emphasized so-called "reduced risk products" such as smokeless tobacco. Moreover, it could profit further if the FDA approves IQOS, a smoke-free cigarette popular in other countries. And, like its counterparts in the beverage industry, Altria has also explored investing in cannabis.All of this will serve to benefit those who want the generous levels of dividend income that MO produces. This track record of payouts goes back decades. Investors who bought in the fall of 1985 and held now make their original investment back every year in dividends alone. For those who reinvest dividends, investors who bought in the spring of 2003 now have achieved the same feat.The company will occasionally pay an outsized payout followed by a dividend reduction. Still, the dividend has risen annually for the last 10 years. Investors buying today will still enjoy a yield of 7.66%.Continuing to pay this dividend should not be an issue in the future either. Analysts, on average, predict its profits will increase by 5% this year. They also project an average of 6.8% annual growth over the next five years. Current earnings also place the forward price-to-earnings (P/E) ratio at 9.8.That allows investors to buy into this generous dividend stream at a discount. Given MO's ability to mitigate the negative sentiment surrounding tobacco, and its potential in the cannabis industry, I think these benefits will accrue for years to come.Source: Shutterstock [/ipm_caption] Philip Morris International, Inc. (PM)Philip Morris International (NYSE:PM) spun off from Altria in 2008. As the name implies, it operates primarily outside of the U.S., despite the Manhattan address of its headquarters. Among top tobacco stocks, it remains best known for retaining the right to market Marlboro cigarettes outside of the U.S. (Altria holds the U.S. rights).While it remains a similar company to Altria in many respects, its non-U.S. focus gives it the advantage of not having to deal directly with federal regulation. As a result, it has led the way in IQOS in other countries. Its non-U.S. focus also gives this company an advantage over Altria if it wants to make deals with cannabis companies.Due to its offshore focus, Phillip Morris International now exceeds the size of its original parent company. It holds a market cap of about $1114 billion, larger than Altria's market cap of about $92 billion. The forward P/E of 13 comes in somewhat higher than Altria. However, it usually trades at a slight premium to its former parent.On the dividend front, it lags the long-term history of Altria, but little else. The payout has risen every year since the company's 2008 spinoff. The recent increase takes the annual dividend to $4.56 per share, a yield of 6.34%. * 7 Industrial Stocks to Buy for a Strong U.S. Economy Despite the accolades, the PM stock price has fallen steadily since achieving a high of $122.90 per share in June 2017. It now trades almost 40% below this level. However, with its generous dividend, I think it presents a buying opportunity. If Phillip Morris International enters the marijuana business, investors can profit from both a high payout and hopefully, a rising stock price.Source: Shutterstock [/ipm_caption] Universal Corp. (UVV)Universal Corporation (NYSE:UVV) operates in a different segment than other top tobacco stocks. The company processes tobacco. It buys the plant directly from producers, refines it, and then sells it to product manufacturers.Given the overall decline of tobacco use throughout the world, I would typically take a cautious view on such a company. However, the company processes other products besides tobacco.Potentially, Universal could revive its fortunes by making a modest pivot into cannabis. Since it already processes other products, shifting into weed should not create any major operational shifts. Moreover, it also controls a supply chain useful for both procuring and distributing its product. This supply chain extends to over 30 countries on five different continents.Although the company has yet to announce such a move, investors may already have noticed this potential. UVV stock shot higher in the middle of last year as its operating income rose despite its falling sales. The stock subsequently lost most of its mid-2018 gains.The company remains small, as UVV's market cap is around $1.27 billion.Its current P/E is about 14, while its dividend stands at $3 per share. This amounts to a yield of 6%. It has raised its dividend for 46 consecutive years.As a smaller company that processes tobacco, Universal might seem like a strange pick at first glance. However, its varied product base, small size and large dividend make UVV stock an intriguing play among top tobacco stocks.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post 3 Top Tobacco Stocks Still Burning Strong appeared first on InvestorPlace.
Today we'll take a closer look at Universal Corporation (NYSE:UVV) from a dividend investor's perspective. Owning a...
Today we are going to look at Universal Corporation (NYSE:UVV) to see whether it might be an attractive investment...
RICHMOND, Va. , Aug. 7, 2019 /PRNewswire/ -- George C. Freeman, III , Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income of $2.1 million , or $0.08 ...
RICHMOND, Va. , Aug. 7, 2019 /PRNewswire/ -- George C. Freeman, III , Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors ...
RICHMOND, Va., July 30, 2019 /PRNewswire/ -- Universal Corporation (UVV) will webcast its conference call on August 7, 2019, following the release of its results for the first quarter of fiscal year 2020 after market close on that date. A live webcast of the conference call will be available online on a listen-only basis at www.universalcorp.com. A replay of the webcast conference call will be available at that site through November 7, 2019. A taped replay of the call will also be available from 8:30 p.m. Eastern Time on August 7th through August 21, 2019, at (855) 859-2056. The telephone replay identification number is 8587006. While news media representatives will not be able to ask questions during the webcast, they are welcome to monitor the remarks on a listen-only basis. The use of any comments made by Universal employees or other participants during the call will be restricted for background use only and not for attribution. The contents of the presentation are the property of Universal Corporation, protected by copyright law, and may not be reproduced in any form without the written permission of Universal Corporation.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
OUTSIDE THE BOX In late June, San Francisco banned e-cigarette sales completely. That means no bricks-and-mortar sales. And no e-cigarette deliveries for online purchases. Many cities already restrict vaping and e-cigarette sales.
Universal Corp NYSE:UVVView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for UVV with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding UVV is favorable, with net inflows of $5.92 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. UVV credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]
George Freeman has been the CEO of Universal Corporation (NYSE:UVV) since 2008. First, this article will compare CEO...
RICHMOND, Va. , June 21, 2019 /PRNewswire/ -- On June 18, 2019 , the Board of Directors of Universal Corporation (NYSE: UVV) approved changes to its previously announced Annual Meeting of Shareholders ...
After looking at Universal Corporation's (NYSE:UVV) latest earnings announcement (31 March 2019), I found it useful to...
Universal Corp is a leaf tobacco supplier. It is engaged in procuring and processing flue-cured and burley leaf tobacco for manufacturers of consumer tobacco products. The dividend yield of Universal Corp stocks is 5.23%.
On a per-share basis, the Richmond, Virginia-based company said it had profit of $1.24. Earnings, adjusted for pretax expenses, were $1.26 per share. The leaf tobacco merchant posted revenue of $671.7 ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Building up an investment case requires looking at a stock holistically. Today I've chosen t...