Altria Group, Inc. with 8.04% dividend yield – Consensus Indicates Potential 6.5% Upside

Broker Ratings

Altria Group, Inc. with ticker code (MO) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 70 and 37 calculating the average target price we see $49.65. Now with the previous closing price of $46.61 this is indicating there is a potential upside of 6.5%. There is a 50 day moving average of $46.19 and the 200 day moving average is $45.35. The company has a market cap of $83,350m. Find out more information at: https://www.altria.com

The potential market cap would be $88,786m based on the market concensus.

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Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. The company was founded in 1822 and is headquartered in Richmond, Virginia.

The company has a dividend yield of 8.04% with the ex dividend date set at 23-3-2023 (DMY).

Other points of data to note are a P/E ratio of 14.68, revenue per share of 11.47 and a 20.11% return on assets.

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