Altria's Stock Is Rising Despite the Business's Woes: The Wall Street Paradox. [Yahoo! Finance]
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
altria.com/investors
Company Research
Source: Yahoo! Finance
Combustible tobacco products -- largely cigarettes -- make up roughly 88% of its top line. This had long been viewed as a problem by investors, but recently, some small positives have left investors willing to overlook the very real problems Altria continues to face. Altria's biggest problem hasn't changed Cigarette sales volumes are in a secular decline: That's the central truth that investors must recognize when they examine Altria as a business. To put some specifics on that, the number of cigarettes the company sold in 2023 fell by a huge 9.9%. In 2022, the number of smokes sold dropped by 9.7%. And in 2021, the decline was 7.5%. That was just three years, and the downtrend has been going on for much longer. To bring it up to date, meanwhile, in the first half of 2024, cigarette volumes dropped 11.5% year over year. For the company and its shareholders, this is not a positive thing. To be fair, so far, the company has been able to raise its prices per pack by more than eno
Show less
Read more
Impact Snapshot
Event Time:
MO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MO alerts
High impacting Altria Group, Inc. news events
Weekly update
A roundup of the hottest topics
MO
News
- Altria: An 8% Dividend Yield Is Intact [Seeking Alpha]Seeking Alpha
- ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots [Financial Post (Toronto, Ontario, Canada)]Financial Post
- ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots [Yahoo! Finance]Yahoo! Finance
- The Beauty Of Not Having To Worry When Investing For Income [Seeking Alpha]Seeking Alpha
- 3 Consistent Dividend Stocks for Passive Income: KO, PFE, MO [Yahoo! Finance]Yahoo! Finance
MO
Earnings
- 7/31/24 - Miss
MO
Sec Filings
- 10/2/24 - Form 4
- 7/31/24 - Form 10-Q
- 7/31/24 - Form 8-K
- MO's page on the SEC website