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Shares of Altria (NYSE: MO), the tobacco giant best known as the domestic maker of Marlboro cigarettes, were heading lower after its guidance for 2025 disappointed investors. Marlboro's market ...
The company doesn't produce enough share price growth to keep up with the broader market. In fact, the stock has only appreciated 11% over the past 10 years, compared to the S&P 500's 183% gain.
Shares of Altria (NYSE: MO) have had a great run over the past year, gaining more than 30% in value. Third-quarter 2024 earnings got investors particularly excited, with the stock rallying sharply ...
On March 30, 2007, Altria's 88.1% stake in Kraft Foods was spun off, through a distribution of the remaining stake of shares (88.1%) to Altria shareholders. That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28, 2008.
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. At the time of this writing, its shares had surged by 41% this year to ...
Altria stock appears to offer a reliable 8% dividend yield. Is it too good to be true?
The market was clearly impressed how management is coping with the company's challenging situation.
Altria's On! brand increased its market share to 7.1% of the oral tobacco category in the first quarter, up from 6.4% a year ago. Q1 On! volumes were up 32.1% year over year.