NYSE:MO - Altria Group Stock Price, Forecast & News

Altria Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MO."

Altria Group declared a quarterly dividend on Thursday, August 22nd. Shareholders of record on Monday, September 16th will be given a dividend of $0.84 per share on Thursday, October 10th. This represents a $3.36 annualized dividend and a yield of 6.65%. The ex-dividend date is Friday, September 13th. This is a positive change from Altria Group's previous quarterly dividend of $0.80. View Altria Group's Dividend History.

Altria Group announced that its board has authorized a share repurchase plan on Tuesday, July 30th 2019, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 1.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Altria Group Inc (NYSE:MO) issued its quarterly earnings results on Thursday, October, 31st. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The company had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.34 billion. Altria Group had a net margin of 7.00% and a return on equity of 56.17%. Altria Group's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.08 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Altria Group.

Altria Group issued an update on its FY19 earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $4.19-4.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.19.

12 brokers have issued 12-month price targets for Altria Group's stock. Their forecasts range from $44.00 to $68.00. On average, they expect Altria Group's stock price to reach $54.43 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Altria Group.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

Media headlines about MO stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Altria Group earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Altria Group.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Altria Group investors own include AT&T (T), Verizon Communications (VZ), Philip Morris International (PM), AbbVie (ABBV), Bank of America (BAC), General Electric (GE), Ford Motor (F), Wells Fargo & Co (WFC), NVIDIA (NVDA) and JPMorgan Chase & Co. (JPM).

Altria Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.22%), Massachusetts Financial Services Co. MA (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Parametric Portfolio Associates LLC (0.23%), First Trust Advisors LP (0.17%) and Rhumbline Advisers (0.16%). Company insiders that own Altria Group stock include Brian W Quigley, Craig A Johnson, Dinyar S Devitre, Ivan S Feldman, James E Dillard III, Jody L Begley, Mark Newman, Nabil Y Sakkab, W Hildebrandt Surgner Jr and W Hildebrandt Surgner, Jr. View Institutional Ownership Trends for Altria Group.

MO stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, Parametric Portfolio Associates LLC, SG Americas Securities LLC, Stifel Financial Corp, Mackay Shields LLC and Coho Partners Ltd.. Company insiders that have sold Altria Group company stock in the last year include Ivan S Feldman, Jody L Begley and W Hildebrandt Surgner, Jr. View Insider Buying and Selling for Altria Group.

MO stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Voloridge Investment Management LLC, Retirement Systems of Alabama, Envestnet Asset Management Inc., Commerzbank Aktiengesellschaft FI, First Trust Advisors LP, Foundry Partners LLC and Assenagon Asset Management S.A.. Company insiders that have bought Altria Group stock in the last two years include Mark Newman and Nabil Y Sakkab. View Insider Buying and Selling for Altria Group.

Shares of MO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $50.53.

Altria Group has a market capitalization of $94.40 billion and generates $25.36 billion in revenue each year. The company earns $6.96 billion in net income (profit) each year or $3.99 on an earnings per share basis. Altria Group employs 8,300 workers across the globe.View Additional Information About Altria Group.

The official website for Altria Group is http://www.altria.com/.

Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The company can be reached via phone at 804-274-2200.