Previous close | 2,316.50 |
Open | 2,313.00 |
Bid | 2,270.00 x 0 |
Ask | 2,399.00 x 0 |
Day's range | 2,261.50 - 2,325.00 |
52-week range | 2,233.00 - 3,375.50 |
Volume | |
Avg. volume | 3,828,819 |
Market cap | 55.508B |
Beta (5Y monthly) | 0.32 |
PE ratio (TTM) | 5.92 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.31 (9.97%) |
Ex-dividend date | 21 Dec 2023 |
1y target est | N/A |
Philip Morris International, Altria Group and British American Tobacco are part of the Zacks Industry Outlook article.
It was only six years ago that British American Tobacco (NYSE: BTI) spent a fortune to greatly expand its presence in the U.S. cigarette market. British American Tobacco's debt-heavy balance sheet is partially a result of this cigarette megadeal. Reynolds brought with it a portfolio of popular brands, including Newport, Camel, and American Spirit.
The Zacks Tobacco industry companies are gaining on pricing power and smoke-free product strength amid soft cigarette volumes and cost inflation. Philip Morris (PM), Altria Group (MO) and British American Tobacco (BTI) look well-placed.