How much money would you have made on Altria Group?

Summary

MO is the ticker symbol for Altria Group, Inc., a publicly traded company that was founded in 1919 as Philip Morris & Co. Ltd. Altria is a leading tobacco company that is headquartered in Richmond, Virginia, in the United States.

The company was founded by Philip Morris, a British tobacco importer, who opened a small tobacco shop in London in 1847. Over the years, the company expanded its operations and eventually entered the U.S. market in the 1920s. In the 1950s, Philip Morris & Co. Ltd. became a publicly traded company and changed its name to Philip Morris Companies Inc. In 2003, the company changed its name to Altria Group, Inc.

Altria's primary business is the manufacture and sale of cigarettes and other tobacco products. The company's flagship brand is Marlboro, which is one of the best-selling cigarette brands in the world. In addition to cigarettes, Altria also sells e-vapor products, smokeless tobacco products, and wine.

In the latest quarter, Altria reported revenues of $5.5 billion, an increase of 3.5% from the same quarter in the previous year. The company's net income for the quarter was $1.6 billion, an increase of 6.4% from the same quarter in the previous year. Altria's strong financial performance was driven by strong sales of its tobacco products, particularly its e-vapor products, which saw double-digit growth.

Altria has a strong presence in the U.S. tobacco market, with a market share of approximately 50%. The company also has a presence in international markets, including Canada, Europe, and Asia. In recent years, Altria has made a number of strategic acquisitions, including the acquisition of a 35% stake in Juul Labs, a leading e-vapor company, in 2018.

Altria is committed to sustainability and has a number of initiatives in place to reduce its environmental impact. The company has set a goal to reduce its greenhouse gas emissions by 30% by 2025, and is working to increase the sustainability of its supply chain and minimize waste in its operations.

Overall, Altria is a leading tobacco company that has a strong presence in the U.S. market and a growing presence in international markets. The company has a diverse product portfolio, including cigarettes, e-vapor products, smokeless tobacco products, and wine, and has a strong track record of financial performance.

Background

Altria Group, one of the hottest companies on the stock market, located at 6601 west broad street, richmond, va, us specializes in the cigarettes industry. It is currently listed on the exchange NYSE in the country USA.

The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 79,213,912,000 $.

If someone had invested $100 in Altria Group 10 years ago, their investment would be worth roughly $65.18 today, according to If You Had Invested

If you had invested...

The price of a stock is a reflection of the company's performance, market value, profitability and growth rate and for MO, its stock has been amazing. If you had invested $1,000 in Altria Group 1 year ago and held onto your investment until today , here's what would have happened:

Your investment would now be worth roughly $1236.73 today.

Financials

If you are looking for a company with a strong dividend yield then Altria Group has a dividend yield of 0.0851 making it a okay dividend company to invest in. If you are going to buy some MO stock for dividends make sure you buy before 2022-09-14

In terms of growth Altria Group has had a turn for the worst with a Quarterly Earnings growth rate of -0.577. At the same time revenue growth has been sliding down as well with a quarterly revenue growth rate of -0.022

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As Altria Group continues on its journey to become a 11,882,086,800,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood