Altria Group, Inc.’s Stock Price Soars to $60.02, Marking a Robust 3.22% Uptick

Altria Group, Inc. (MO)

60.02 USD +1.87 (+3.22%) Volume: 17.33M

Altria Group, Inc.’s stock price has shown robust performance, currently trading at 60.02 USD, with an impressive trading session surge of +3.22%. The tobacco giant, demonstrating strong investor confidence, has seen a trading volume of 17.33M and a year-to-date percentage increase of +14.78%, indicating a positive market trend.

Latest developments on Altria Group, Inc.

Altria Group, Inc. (NYSE:MO) has seen its stock price hit a 52-week high at $59.71, driven by strong annual gains and the company’s appeal to institutional owners who hold 61% of the company. Despite recent rating downgrades and concerns about smoke-free ambitions being put on hold, analysts are highlighting Altria’s potential for over 9% stock price appreciation in 2025 on top of dividends. With Big Tobacco targeting Trump and the future of nicotine looking to be smoke-free, investors are debating whether Altria Group is a buy, sell, or hold in the coming years.

Altria Group, Inc. on Smartkarma

Analysts at Baptista Research provide bullish coverage on Altria Group, highlighting the company’s ability to thrive despite shrinking cigarette sales. In their research reports, they emphasize Altria’s strong financial performance, with a 3.4% growth in adjusted diluted earnings per share for the full year of 2024. The company’s focus on returning capital to shareholders through dividends and share repurchases has been a key factor contributing to its success.

Furthermore, Baptista Research delves into Altria Group‘s strategic expansion in the E-Vapor division, particularly through NJOY, as a critical growth lever. The analysts acknowledge the company’s efforts to navigate regulatory pressures and market dynamics while maintaining financial strength. They emphasize the importance of evaluating various factors that could impact the company’s stock price in the future, including regulatory landscapes and consumer preferences for reduced-risk products.

A look at Altria Group, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Altria Group, Inc. is showing a positive long-term outlook based on the Smartkarma Smart Scores. With top scores in Dividend, Growth, Resilience, and Momentum, the company seems to be in a strong position for the future. The high scores indicate that Altria Group is performing well in terms of its ability to generate income for investors, its potential for expansion, its ability to withstand market challenges, and its overall market performance.

As a holding company that manufactures and sells tobacco products, including cigarettes, cigars, and pipe tobacco, Altria Group also holds an interest in a brewery company. Despite facing regulatory challenges in the tobacco industry, the company’s strong performance across various factors suggests that it is well-positioned to navigate these challenges and continue to deliver value to its shareholders in the long run.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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