U.S. stocks lower as investors rotate out of tech ahead of Jackson Hole
Altria Group (NYSE:MO) stock reached a significant milestone, hitting a 52-week high of 66.29 USD. The tobacco giant, currently valued at $111.3 billion, maintains a GREAT financial health score according to InvestingPro analysis. This marks a notable achievement for the company, reflecting a strong performance over the past year. The stock’s impressive 1-year total return of 38.07% highlights the company’s robust growth trajectory and investor confidence. Trading at a P/E ratio of 12.8 and offering a substantial 6.2% dividend yield, Altria continues to attract value-focused investors. This upward trend in Altria’s stock price underscores the company’s ability to navigate market challenges and capitalize on opportunities, contributing to its sustained upward momentum. For deeper insights into Altria’s valuation and 15+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Altria reported its second-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an adjusted diluted earnings per share of $1.44, exceeding the forecasted $1.38. Additionally, Altria’s revenue reached $6.1 billion, significantly higher than the anticipated $5.2 billion. This performance showcases the company’s ability to exceed market predictions despite economic challenges. In light of these results, BofA Securities raised its price target for Altria to $64 from $63, maintaining a Buy rating on the stock. The firm’s decision reflects confidence in Altria’s operational resilience, even amidst high levels of illicit trade. These developments highlight the company’s robust financial health and strategic positioning in the market.
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