Last $53.10 USD
Change Today -1.29 / -2.37%
Volume 10.0M
MO On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

altria group inc (MO) Snapshot

Open
$54.06
Previous Close
$54.39
Day High
$54.63
Day Low
$53.00
52 Week High
01/28/15 - $55.18
52 Week Low
02/5/14 - $33.80
Market Cap
105.0B
Average Volume 10 Days
7.1M
EPS TTM
$2.27
Shares Outstanding
2.0B
EX-Date
12/22/14
P/E TM
23.4x
Dividend
$2.08
Dividend Yield
3.76%
Current Stock Chart for ALTRIA GROUP INC (MO)

altria group inc (MO) Related Businessweek News

View More BusinessWeek News

altria group inc (MO) Details

Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky, and Marlboro Snus brand names. The company also produces and sells blended table wines under the Chateau Ste. Michelle, Columbia Crest, and 14 Hands names; and distributes Antinori and Villa Maria Estate wines, as well as Champagne Nicolas Feuillatte in the United States. In addition, it maintains a portfolio of leveraged and direct finance leases primarily in aircraft, rail and surface transport, electric power, real estate, and manufacturing industries. Altria Group, Inc. sells its tobacco products primarily to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. The company markets its wine products to restaurants, wholesale clubs, supermarkets, wine shops, and mass merchandisers. Altria Group, Inc. was founded in 1919 and is headquartered in Richmond, Virginia.

altria group inc (MO) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.2M
President and Chief Operating Officer
Total Annual Compensation: $901.7K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $646.7K
Chief Executive Officer of Altria Group Distr...
Total Annual Compensation: $822.3K
Executive Vice President and General Counsel
Total Annual Compensation: $858.3K
Compensation as of Fiscal Year 2013.

altria group inc (MO) Key Developments

Altria Group Inc. Announces Executive Changes

On January 30, 2015, Altria Group Inc. announced that David R. Beran, after 38 years of distinguished service to the company and its subsidiaries, informed the company's Board of Directors on January 27, 2015 of his intention to retire as President and Chief Operating Officer of the company effective March 1, 2015. The company further announced that the Board, on January 29, 2015, elected Howard A. Willard III to become Executive Vice President and Chief Operating Officer of the company and William F. Gifford, Jr. to become Executive Vice President and Chief Financial Officer of the company, both appointments to become effective immediately upon Mr. Beran's retirement. The board also elected Martin J. Barrington to become President of the company in addition to being its Chairman and Chief Executive Officer, also effective immediately upon Mr. Beran's retirement. Mr. Willard currently serves as Executive Vice President and Chief Financial Officer of the company and has been continuously employed by the company or its subsidiaries in various positions since 1992. Mr. Gifford, currently serves as Senior Vice President, Strategy and Business Development of the company and has been continuously employed by the company or its subsidiaries in various positions since 1994. Mr. Barrington, currently serves as the company's Chairman and Chief Executive Officer and has been continuously employed by the company or its subsidiaries in various positions since 1993.

Altria Group Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year 2015

Altria Group Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenues of $6,258 million against $6,080 million a year ago. Operating income was $1,912 million against $1,799 million a year ago. Earnings before income taxes were $1,909 million against $713 million a year ago. Net earnings attributable to the company were $1,236 million against $488 million a year ago. Basic and diluted earnings per share attributable to the company were $0.63 against $0.24 a year ago. The company’s 2014 fourth-quarter net revenues increased 2.9%, primarily due to higher net revenues in all reportable segments and higher gains on asset sales at Philip Morris Capital Corporation (PMCC). Fourth-quarter reported diluted EPS increased over 100%, primarily driven by higher 2013 losses on early extinguishment of debt and higher reported OCI in the smokeable products segment. The company’s fourth-quarter adjusted diluted EPS, which excludes the special items, grew 15.8% to $0.66 from $0.57 a year ago, primarily driven by higher adjusted OCI in the smokeable products segment, a lower tax rate resulting from the 2013 debt tender offer, and lower interest and other debt expense. For the year, the company reported net revenues of $24,522 million against $24,466 million a year ago. Operating income was $7,883 million against $8,361 million a year ago. Earnings before income taxes were $7,774 million against $6,942 million a year ago. Net earnings attributable to the company were $5,070 million against $4,535 million a year ago. Basic and diluted earnings per share attributable to the company were $2.56 against $2.26 a year ago. For the full year, the company’s net revenues were essentially unchanged, primarily due to higher net revenues in all reportable segments, offset by lower gains on asset sales at PMCC. The company’s revenues net of excise taxes increased 4.7% to $4.6 billion for the fourth quarter and increased 1.6% to $17.9 billion for the full year of 2014. For the full year of 2014, diluted EPS increased 13.3%, primarily due to higher 2013 losses on early extinguishment of debt, lower interest and other debt expense and fewer shares outstanding. These factors were partially offset by lower reported OCI in the smokeable products segment resulting from higher 2013 NPM adjustment items, higher investment in innovative tobacco products, and lower gains on asset sales at PMCC. Altria’s full-year adjusted diluted EPS, which excludes the special items, grew 8.0% to $2.57 from $2.38 a year ago, primarily due to higher adjusted OCI in the smokeable products segment, lower interest and other debt expense, a lower tax rate, and fewer shares outstanding. These factors were partially offset by higher investment in innovative tobacco products and lower gains on asset sales at PMCC. The company provided earnings guidance for the full year 2015. For the year, the company expects that 2015 full-year adjusted diluted EPS will be in the range of $2.75 to $2.80, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.57 in 2014, which excludes the special items. The company expects that its 2015 full-year effective tax rate on operations will be approximately 35%. The company also expects capital expenditures for 2015 will be in the range of $200 million to $250 million and that depreciation and amortization will be approximately $200 million.

Altria Group Inc., Q4 2014 Earnings Call, Jan 30, 2015

Altria Group Inc., Q4 2014 Earnings Call, Jan 30, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MO:US $53.10 USD -1.29

MO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
British American Tobacco PLC 3,752 GBp -42.00
Japan Tobacco Inc ¥3,233 JPY +19.50
Lorillard Inc $65.61 USD -0.54
Philip Morris International Inc $80.24 USD -0.98
Reynolds American Inc $67.95 USD -1.74
View Industry Companies
 

Industry Analysis

MO

Industry Average

Valuation MO Industry Range
Price/Earnings 24.4x
Price/Sales 5.9x
Price/Book 24.4x
Price/Cash Flow 24.2x
TEV/Sales 5.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALTRIA GROUP INC, please visit www.altria.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.