MO stock, with 41% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. This can be attributed to the company’s decision to reduce its stake in Anheuser-Busch InBev last ...
The main reason Altria stock pulled back was its guidance came up short. Management said adjusted earnings per share would grow 2% to 5%, reaching $5.22 to $5.37, which compares to the analyst ...
And that has allowed Altria to support and grow its dividend. That said, Wall Street is clearly worried about the sustainability of these conflicting trends over time, since the stock offers a ...