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

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

Altria Group declared a quarterly dividend on Friday, May 17th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.80 per share on Wednesday, July 10th. This represents a $3.20 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date of this dividend is Thursday, June 13th. View Altria Group's Dividend History.

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

Altria Group Inc (NYSE:MO) posted its quarterly earnings data on Tuesday, July, 30th. The company reported $1.10 EPS for the quarter, meeting the Zacks' consensus estimate of $1.10. The firm earned $5.19 billion during the quarter, compared to the consensus estimate of $5.08 billion. Altria Group had a net margin of 25.04% and a return on equity of 51.53%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.01 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Altria Group.

Altria Group updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $4.15-4.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.18.

13 equities research analysts have issued 1 year target prices for Altria Group's shares. Their predictions range from $44.00 to $75.00. On average, they expect Altria Group's share price to reach $59.8964 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for Altria Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altria Group.

Media stories about MO stock have trended positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Altria Group earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for Altria Group.

Altria Group saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 13,330,600 shares, a decrease of 16.0% from the June 30th total of 15,871,000 shares. Based on an average daily volume of 7,620,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the shares of the company are sold short. View Altria Group's Current Options Chain.

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), Philip Morris International (PM), The Coca-Cola (KO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Verizon Communications (VZ), AbbVie (ABBV), Bank of America (BAC), General Electric (GE) and Ford Motor (F).

Altria Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.87%), BlackRock Inc. (7.31%), BlackRock Inc. (7.31%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (1.13%) and Janus Henderson Group PLC (1.00%). 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 JPMorgan Chase & Co., BlackRock Inc., BlackRock Inc., Independent Franchise Partners LLP, Investec Asset Management LTD, Public Employees Retirement Association of Colorado, Price T Rowe Associates Inc. MD and USS Investment Management Ltd. Company insiders that have sold Altria Group company stock in the last year include Dinyar S Devitre, Ivan S Feldman, Jody L Begley and W Hildebrandt Surgner, Jr. View Insider Buying and Selling for Altria Group.

MO stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Natixis, Natixis, Toronto Dominion Bank, Morgan Stanley, Invesco Ltd. and Cibc World Markets Corp. 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, Scottrade, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $46.41.

Altria Group has a market capitalization of $86.70 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.