Mo Stock Quote: Cheapest Dow Stocks and Altria News

If you're looking to invest in the Dow Jones, you might be interested in the cheapest stocks available. One of the cheapest Dow stocks is Altria Group, which has a market capitalization of over $100 billion.

Altria Group is a multinational conglomerate holding company that operates in the tobacco industry. Its stock price has fluctuated over the years, but it's currently trading at around $40 per share.

The Dow Jones is a stock market index that represents the performance of 30 large-cap companies in the US. Altria Group is one of the 30 components of the Dow Jones, along with other major companies like Apple and Microsoft.

Investing in the cheapest Dow stocks can be a good option for those looking to diversify their portfolio and reduce risk.

Broaden your view: What Is Market Value in Stocks

Analysts are generally optimistic about MO stock, with an average rating of "Buy" from 7 analysts.

The 12-month stock price forecast is a significant $53.43, representing a modest 0.80% increase from the latest price.

For another approach, see: Stock Price

Bank of America Merrill Lynch maintained a "Hold" rating on MO stock as of July 10, 2024, with a price target of $48.

UBS, on the other hand, has consistently maintained a "Sell" rating on MO stock, with price targets ranging from $36.5 to $39.20.

Stifel, Nicolaus & Co., Inc. has maintained a "Buy" rating on MO stock, with a price target of $50 as of March 25, 2024.

Here's a summary of the analysts' ratings and price targets:

Citigroup Corp. has maintained a "Hold" rating on MO stock, with price targets of $45 and $47 as of October 18, 2023, and April 17, 2023, respectively.

Jefferies & Company Inc. has maintained a "Buy" rating on MO stock, with price targets of $56 and $55 as of October 13, 2023, and August 22, 2023, respectively.

Altria Group's financial performance in 2023 was a decrease in revenue to $20.50 billion, a drop of 0.90% from the previous year.

Their earnings, however, saw a significant increase of 41.07% to $8.11 billion.

The share price of Altria Group has seen some fluctuations, with a current price of $53.45, a 52 Week High of $58.04, and a 52 Week Low of $39.25.

The stock has experienced a 2.04% change in the last month, a 7.01% change over the past three months, and a substantial 31.88% change over the past year.

Here's a breakdown of the 1, 3, and 5 year changes in the stock's value:

The stock's beta is 0.68, indicating a relatively stable investment.

If you're looking to invest $100,000 in the cheapest Dow stocks, consider starting with the core of the dividend portfolio idea, SCHD.

This fund ranks the best of the top 20 holdings, and stocks must have paid dividends for 10 years, have a market cap of $500M+, and an average daily trading volume of at least 100,000 shares.

To qualify, stocks must have paid dividends for 10 years, a requirement that filters out less reliable investments.

The seven lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, offer a safer dividend investment option.

These companies have a history of paying dividends, with dividends from $1K invested exceeding single share prices in some cases.

Analysts project 16.27% to 32.98% net gains from these safer dividend dogs.

Investing in these affordable Dow stocks can provide a stable source of income and potentially higher returns than Treasury Bills.

Altria is expected to release its Q1 2025 earnings report on April 29, 2025, with an average earnings estimate of $1.210 USD.

The company's revenue is projected to reach $20,304 USD by 2026, according to analyst estimates.

Altria's dividend yield is expected to increase to 8.53% by 2028.

The company's cash flow from operations is expected to be $9,043 USD in the current quarter ending March 31, 2025.

Here's a list of Altria's past events:

Altria's income after tax has been steadily increasing, with a 41.07% change in 2023 compared to the previous year. This is a significant improvement, and it's a sign that the company is doing well financially.

In 2023, Altria's income after tax was $8,113.00 million, a substantial increase from the previous year. This growth is a result of the company's strong financial performance.

Here's a breakdown of Altria's income after tax change in percentage over the years:

Altria's income after tax has been quite volatile over the years, with some significant fluctuations. However, the overall trend is an increase in income, which is a positive sign for the company's financial health.

If you're looking for bargains and opportunities with MO stock, you've got some interesting options to consider. These 9 Dividend Aristocrat PEGY bargains offer a 3.1% yield and are trading at a 51% discount to historical PEGY ratios.

Analysts project a 55% 12-month upside potential and a 15% CAGR over the next few years, making them a potentially attractive investment. The MO stock has a strong track record of outperforming its industry and the market as a whole.

In the past year, MO stock returned 31.9%, significantly outpacing the US Tobacco industry's return of 11.3% and the US Market's return of 22.7%. This suggests that MO stock is a solid choice for investors looking for a reliable performer.

Here are the key statistics for MO stock's performance over the past year:

This performance is a testament to the stock's potential for long-term growth and stability.

Altria's earnings growth is driven by its strong pricing power, which has helped to offset the decline in cigarette volume.

The company has seen a 25% decline in cigarette volume over the past year, from 93.8 billion sticks to 70.1 billion sticks, but its revenue decline has been lower due to this pricing growth.

Intriguing read: Compared to Growth Stocks Value Stocks' Price-earnings Ratio Is Typically

Altria's operating margin has also improved, increasing from 54.8% in 2021 to 56.4% now.

The company's focus on smoke-free products, including NJOY and on!, has been a contributing factor to its earnings growth.

Altria has spent nearly $8 billion on share repurchases since 2021, resulting in a 6% fall in total shares, which has also helped to boost earnings.

As a result, Altria's earnings have increased to $5.02 per share on an adjusted basis in the last twelve months, up from $4.62 in 2021.