Altria Group has increased its share repurchase program from $1 billion to $2 billion while maintaining a robust dividend payout, marking its 60th increase over 56 years. Despite a 6% year-over-year revenue decline, the company reported $9.19 billion in free cash flow, projected to rise to $10.81 billion by 2035. Analysts have acknowledged the stock’s undervaluation, now set at $64 per share, 43.9% lower than its estimated intrinsic value of $104.69, with a forward yield of 7.3% reinforcing its attractiveness to investors.
“Altria Group · is · a cash rich, undervalued dividend giant · true”
“Altria Group · is · up 17.9% over the past year · true”
“Altria Group · currently generates · around $9.19 billion in free cash flow · true”
“Altria Group · is estimated to reach · about $10.81 billion in free cash flow by 2035 · true”
“Altria Group · has an estimated intrinsic value of · $104.69 per share · true”
“Altria Group · is undervalued by · 43.9% · true”
“Altria Group · trades on a PE of · about 11.15x · true”
“Altria Group · has a Fair Ratio of · 19.12x · true”
“Altria Group's 11.15x PE · suggests the market is pricing in · materially weaker prospects or higher risks · true”
“Altria Group, Inc. (NYSE:MO) · is included among · the Best Stocks for a Dividend Achievers List”
“Bank of America analyst Lisa Lewandowski · lowered · the firm’s price target on Altria Group, Inc. (NYSE:MO) · $64 from $66”
“Altria Group, Inc. (NYSE:MO) · has been able to · raise prices enough to offset much of the volume pressure”