WallStreetZenWallStreetZen

Sectors & IndustriesConsumer DefensiveTobacco
Best Tobacco Stocks to Buy Now (2023)
Top tobacco stocks in 2023 ranked by overall Zen Score. See the best tobacco stocks to buy now, according to analyst forecasts for the tobacco industry.

Industry: Tobacco
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
UVV
UNIVERSAL CORP
$1.48B5.27%64.90%$0.8000$3.1878%02024-01-052024-02-05
MO
ALTRIA GROUP INC
$75.29B8.93%77.40%$0.9800$3.8091%0
BTI
BRITISH AMERICAN TOBACCO PLC
$77.49B9.01%57.10%$0.7006$2.8492%52023-12-212024-02-06
GNLN
GREENLANE HOLDINGS INC
$1.55MN/A0.00%N/AN/AN/AN/A
VGR
VECTOR GROUP LTD
$1.74B8.98%72.70%$0.2000$1.0091%12023-12-15
XXII
22ND CENTURY GROUP INC
$7.35MN/A0.00%N/AN/AN/AN/A
PM
PHILIP MORRIS INTERNATIONAL INC
$143.66B5.52%99.20%$1.3000$5.1181%0
KAVL
KAIVAL BRANDS INNOVATIONS GROUP INC
$16.31MN/A0.00%N/AN/AN/AN/A
TPB
TURNING POINT BRANDS INC
$426.73M1.05%35.90%$0.0650$0.2618%02023-12-142024-01-05
RLX
RLX TECHNOLOGY INC
$3.33BN/A0.00%N/AN/AN/AN/A
ISPR
ISPIRE TECHNOLOGY INC
$543.23MN/AN/AN/AN/AN/AN/A
HPCO
HEMPACCO CO INC
$9.88MN/A0.00%N/AN/AN/AN/A
1

Tobacco Stocks FAQ

What are the best tobacco stocks to buy right now in Dec 2023?

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

1. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the top tobacco stock with a Zen Score of 50, which is 18 points higher than the tobacco industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Universal has seen its stock return 7.42% over the past year, overperforming other tobacco stocks by 21 percentage points.

2. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the second best tobacco stock with a Zen Score of 49, which is 17 points higher than the tobacco industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Altria Group has seen its stock lose -9.79% over the past year, overperforming other tobacco stocks by 4 percentage points.

Altria Group has an average 1 year price target of $46.30, an upside of 8.76% from Altria Group's current stock price of $42.57.

Altria Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Altria Group, 25% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

3. British American Tobacco (NYSE:BTI)


British American Tobacco (NYSE:BTI) is the third best tobacco stock with a Zen Score of 47, which is 15 points higher than the tobacco industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. British American Tobacco has seen its stock lose -25.53% over the past year, underperforming other tobacco stocks by -11 percentage points.

British American Tobacco has an average 1 year price target of $38.00, an upside of 20.48% from British American Tobacco's current stock price of $31.54.

British American Tobacco stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering British American Tobacco, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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 9.01%, which is 3 percentage points higher than the tobacco industry average of 6.46%. British American Tobacco's dividend payout is not stable, having dropped more than 10% five 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 57.1% indicates that its high dividend yield is sustainable for the long-term.

2. Vector Group (NYSE:VGR)


Vector Group (NYSE:VGR) has an annual dividend yield of 8.98%, which is 3 percentage points higher than the tobacco industry average of 6.46%. Vector Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Vector Group's dividend has not shown consistent growth over the last 10 years.

Vector Group's dividend payout ratio of 72.7% indicates that its high dividend yield is sustainable for the long-term.

3. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) has an annual dividend yield of 8.93%, which is 2 percentage points higher than the tobacco industry average of 6.46%. 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 77.4% indicates that its high dividend yield is sustainable for the long-term.

Why are tobacco stocks up?

Tobacco stocks were up 0.18% in the last day, and up 1.28% over the last week.

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

What are the most undervalued tobacco stocks?

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

1. British American Tobacco (NYSE:BTI)


British American Tobacco (NYSE:BTI) is the most undervalued tobacco stock based on WallStreetZen's Valuation Score. British American Tobacco has a valuation score of 57, which is 24 points higher than the tobacco industry average of 33. It passed 4 out of 7 valuation due diligence checks.

British American Tobacco's stock has dropped -25.53% in the past year. It has underperformed other stocks in the tobacco industry by -11 percentage points.

2. Greenlane Holdings (NASDAQ:GNLN)


Greenlane Holdings (NASDAQ:GNLN) is the second most undervalued tobacco stock based on WallStreetZen's Valuation Score. Greenlane Holdings has a valuation score of 43, which is 10 points higher than the tobacco industry average of 33. It passed 3 out of 7 valuation due diligence checks.

Greenlane Holdings's stock has dropped -88.89% in the past year. It has underperformed other stocks in the tobacco industry by -75 percentage points.

3. Kaival Brands Innovations Group (NASDAQ:KAVL)


Kaival Brands Innovations Group (NASDAQ:KAVL) is the third most undervalued tobacco stock based on WallStreetZen's Valuation Score. Kaival Brands Innovations Group has a valuation score of 43, which is 10 points higher than the tobacco industry average of 33. It passed 3 out of 7 valuation due diligence checks.

Kaival Brands Innovations Group's stock has dropped -73.01% in the past year. It has underperformed other stocks in the tobacco industry by -59 percentage points.

Are tobacco stocks a good buy now?

75% of tobacco stocks rated by analysts are a strong buy right now. On average, analysts expect tobacco stocks to rise by 19.93% 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 14.98x.
©2023 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.