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Best Tobacco Stocks to Buy Now (2024)
Top tobacco stocks in 2024 ranked by overall Zen Score. See the best tobacco stocks to buy now, according to analyst forecasts for the tobacco industry.

Industry: Tobacco
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
MO
ALTRIA GROUP INC
NYSE
Tobacco
$84.94B$49.450.24%$12.49B10.32x-8.12
UVV
UNIVERSAL CORP
NYSE
Tobacco
$1.25B$50.86-0.25%$275.31M10.57x1.02
VGR
VECTOR GROUP LTD
NYSE
Tobacco
$1.87B$11.850.08%$367.16M10.22x-2.38
PM
PHILIP MORRIS INTERNATIONAL INC
NYSE
Tobacco
$166.52B$107.12-0.32%$13.15B20.92x-7.17
TPB
TURNING POINT BRANDS INC
NYSE
Tobacco
$643.54M$36.52-0.35%$85.58M14.97x2.66
RLX
RLX TECHNOLOGY INC
NYSE
Tobacco
$2.80B$1.780.00%N/A23.12x0.04
ISPR
ISPIRE TECHNOLOGY INC
NASDAQ
Tobacco
$361.53M$6.41-8.69%-$11.19M-26.71x2.03
GNLN
GREENLANE HOLDINGS INC
NASDAQ
Tobacco
$1.60M$0.28-3.85%-$24.48M-0.03x2.44
BTI
BRITISH AMERICAN TOBACCO PLC
NYSE
Tobacco
$81.57B$33.200.48%$16.80B-4.06x1.29
KAVL
KAIVAL BRANDS INNOVATIONS GROUP INC
NASDAQ
Tobacco
$3.29M$1.15-6.50%-$5.85M-0.42x0.41
XXII
22ND CENTURY GROUP INC
NASDAQ
Tobacco
$6.97M$0.84-1.75%-$114.31M-0.01x-3.12
HPCO
HEMPACCO CO INC
NASDAQ
Tobacco
$2.29M$0.793.55%-$10.99M-0.17x0.64

Tobacco Stocks FAQ

What are the best tobacco stocks to buy right now in Jul 2024?

According to Zen Score, the 3 best tobacco stocks to buy right now are:

1. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the top tobacco stock with a Zen Score of 49, which is 19 points higher than the tobacco industry average of 30. It passed 17 out of 38 due diligence checks and has strong fundamentals. Altria Group has seen its stock return 8.97% over the past year, overperforming other tobacco stocks by 21 percentage points.

Altria Group has an average 1 year price target of $44.83, a downside of -9.34% from Altria Group's current stock price of $49.45.

Altria Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Altria Group, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

2. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the second best tobacco stock with a Zen Score of 45, which is 15 points higher than the tobacco industry average of 30. It passed 15 out of 38 due diligence checks and has strong fundamentals. Universal has seen its stock return 3.86% over the past year, overperforming other tobacco stocks by 16 percentage points.

3. Vector Group (NYSE:VGR)


Vector Group (NYSE:VGR) is the third best tobacco stock with a Zen Score of 40, which is 10 points higher than the tobacco industry average of 30. It passed 15 out of 38 due diligence checks and has average fundamentals. Vector Group has seen its stock lose -8.99% over the past year, overperforming other tobacco stocks by 3 percentage points.

What are the tobacco stocks with highest dividends?

Out of 6 tobacco stocks that have issued dividends in the past year, the 3 tobacco stocks with the highest dividend yields are:

1. British American Tobacco (NYSE:BTI)


British American Tobacco (NYSE:BTI) has an annual dividend yield of 8.7%, which is 3 percentage points higher than the tobacco industry average of 5.6%. British American Tobacco's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. British American Tobacco's dividend has not shown consistent growth over the last 10 years.

British American Tobacco's dividend payout ratio of -34.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) has an annual dividend yield of 7.93%, which is 2 percentage points higher than the tobacco industry average of 5.6%. Altria Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Altria Group's dividend has shown consistent growth over the last 10 years.

Altria Group's dividend payout ratio of 81% indicates that its high dividend yield is sustainable for the long-term.

3. Universal (NYSE:UVV)


Universal (NYSE:UVV) has an annual dividend yield of 6.31%, which is 1 percentage points higher than the tobacco industry average of 5.6%. Universal's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Universal's dividend has shown consistent growth over the last 10 years.

Universal's dividend payout ratio of 66.5% indicates that its high dividend yield is sustainable for the long-term.

Why are tobacco stocks down?

Tobacco stocks were down -0.33% in the last day, and up 1.66% over the last week.

We couldn't find a catalyst for why tobacco stocks are down.

What are the most undervalued tobacco stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued tobacco stocks right now are:

1. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the most undervalued tobacco stock based on WallStreetZen's Valuation Score. Universal has a valuation score of 43, which is 24 points higher than the tobacco industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Universal's stock has gained 3.86% in the past year. It has overperformed other stocks in the tobacco industry by 16 percentage points.

2. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the second most undervalued tobacco stock based on WallStreetZen's Valuation Score. Altria Group has a valuation score of 29, which is 10 points higher than the tobacco industry average of 19. It passed 2 out of 7 valuation due diligence checks.

Altria Group's stock has gained 8.97% in the past year. It has overperformed other stocks in the tobacco industry by 21 percentage points.

3. Turning Point Brands (NYSE:TPB)


Turning Point Brands (NYSE:TPB) is the third most undervalued tobacco stock based on WallStreetZen's Valuation Score. Turning Point Brands has a valuation score of 29, which is 10 points higher than the tobacco industry average of 19. It passed 2 out of 7 valuation due diligence checks.

Turning Point Brands's stock has gained 47.56% in the past year. It has overperformed other stocks in the tobacco industry by 59 percentage points.

Are tobacco stocks a good buy now?

60% of tobacco stocks rated by analysts are a strong buy right now. On average, analysts expect tobacco stocks to fall by -0.67% over the next year.

What is the average p/e ratio of the tobacco industry?

The average P/E ratio of the tobacco industry is 12.14x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.