Altria Group Stock Forecast, Price & News

$49.95
+0.46 (+0.93 %)
(As of 05/7/2021 12:00 AM ET)
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Today's Range
$49.18
$50.08
50-Day Range
$46.50
$52.50
52-Week Range
$35.44
$52.59
Volume6.80 million shs
Average Volume9.86 million shs
Market Capitalization$92.44 billion
P/E Ratio138.75
Dividend Yield6.95%
Beta0.54
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Cigarettes
Sub-IndustryTobacco
CUSIP02209S10
Phone(804) 274-2200
Employees7,100
Year Founded1985

Sales & Book Value

Annual Sales$25.11 billion
Cash Flow$5.29 per share
Book Value$3.38 per share

Profitability

Net Income$-1,293,000,000.00

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares1,850,638,000
Market Cap$92.44 billion
Next Earnings Date7/27/2021 (Estimated)
OptionableOptionable

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Headlines

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About Altria Group

Altria Group, Inc. operates as a holding company, which engages in the manufacture and sale of cigarettes in the United States. It operates through the following segments: Smokeable Products, Smokeless Products, and Wine. The Smokeable Products segment comprised of cigarettes manufactured and sold by PM USA and machine-made large cigars and pipe tobacco manufactured and sold by Middleton. The Smokeless products segment manufactured and sold by or on behalf of USSTC and PM USA. The Wine segment producer of Washington State wines, primarily Chateau Ste. Michelle and Columbia Crest, and owns wineries in or distributes wines from several other wine regions. The company was founded in 1919 and is headquartered in Richmond, VA.

MarketRank

Overall MarketRank

1.98 out of 5 stars

Consumer Staples Sector

27th out of 300 stocks

Cigarettes Industry

2nd out of 9 stocks

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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Altria Group (NYSE:MO) Frequently Asked Questions

Is Altria Group a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Altria Group stock.
View analyst ratings for Altria Group
or view top-rated stocks.

What stocks does MarketBeat like better than Altria Group?

Wall Street analysts have given Altria Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Altria Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Altria Group?

Altria Group saw a drop in short interest in April. As of April 15th, there was short interest totaling 11,750,000 shares, a drop of 17.8% from the March 31st total of 14,300,000 shares. Based on an average trading volume of 10,430,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.6% of the shares of the company are short sold.
View Altria Group's Short Interest
.

When is Altria Group's next earnings date?

Altria Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Altria Group
.

How were Altria Group's earnings last quarter?

Altria Group, Inc. (NYSE:MO) announced its earnings results on Wednesday, April, 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.04 by $0.03. The firm earned $4.13 billion during the quarter, compared to analyst estimates of $4.98 billion. Altria Group had a net margin of 2.84% and a trailing twelve-month return on equity of 148.93%. Altria Group's quarterly revenue was down 4.6% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS.
View Altria Group's earnings history
.

How has Altria Group's stock been impacted by COVID-19 (Coronavirus)?

Altria Group's stock was trading at $40.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MO stock has increased by 23.4% and is now trading at $49.95.
View which stocks have been most impacted by COVID-19
.

How often does Altria Group pay dividends? What is the dividend yield for Altria Group?

Altria Group declared a quarterly dividend on Friday, February 26th. Stockholders of record on Thursday, March 25th will be paid a dividend of $0.86 per share on Friday, April 30th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Wednesday, March 24th.
View Altria Group's dividend history
.

Is Altria Group a good dividend stock?

Altria Group pays an annual dividend of $3.44 per share and currently has a dividend yield of 6.95%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Altria Group has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Altria Group is 81.52%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Altria Group will have a dividend payout ratio of 75.27% in the coming year. This indicates that Altria Group may not be able to sustain their current dividend.
View Altria Group's dividend history.

How will Altria Group's stock buyback program work?

Altria Group declared that its Board of Directors has approved a share buyback plan on Thursday, January 28th 2021, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

What guidance has Altria Group issued on next quarter's earnings?

Altria Group issued an update on its FY 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 4.490-4.620 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.580. The company issued revenue guidance of -.

What price target have analysts set for MO?

11 brokerages have issued 1 year price targets for Altria Group's stock. Their forecasts range from $43.00 to $58.00. On average, they anticipate Altria Group's stock price to reach $51.00 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts' price targets for Altria Group
or view top-rated stocks among Wall Street analysts.

Who are Altria Group's key executives?

Altria Group's management team includes the following people:
  • William F. Gifford, Vice Chairman & Chief Executive Officer
  • Jody L. Begley, Chief Operating Officer & Executive Vice President
  • Salvatore Mancuso, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
  • Charles N. Whitaker, SVP, Chief Human Resources & Compliance Officer (LinkedIn Profile)
  • Murray R. Garnick, Executive Vice President & General Counsel

What is Billy Gifford's approval rating as Altria Group's CEO?

15 employees have rated Altria Group CEO Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among Altria Group's employees.

Who are some of Altria Group's key competitors?

What other stocks do shareholders of Altria Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Altria Group investors own include AT&T (T), Philip Morris International (PM), AbbVie (ABBV), The Coca-Cola (KO), Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Pfizer (PFE), Intel (INTC) and Bank of America (BAC).

What is Altria Group's stock symbol?

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

Who are Altria Group's major shareholders?

Altria Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.50%), Swiss National Bank (0.40%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), LSV Asset Management (0.20%), Rhumbline Advisers (0.16%) and Coho Partners Ltd. (0.15%).
View institutional ownership trends for Altria Group
.

Which institutional investors are selling Altria Group stock?

MO stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, LSV Asset Management, Nisa Investment Advisors LLC, Sumitomo Mitsui Trust Holdings Inc., Los Angeles Capital Management LLC, Robeco Institutional Asset Management B.V., Rhumbline Advisers, and Cibc World Markets Corp.
View insider buying and selling activity for Altria Group
or view top insider-selling stocks.

Which institutional investors are buying Altria Group stock?

MO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., GSB Wealth Management LLC, State of Michigan Retirement System, Victory Capital Management Inc., Envestnet Asset Management Inc., Torray LLC, Bronte Capital Management Pty Ltd., and TIAA FSB.
View insider buying and selling activity for Altria Group
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Altria Group's stock price today?

One share of MO stock can currently be purchased for approximately $49.95.

How much money does Altria Group make?

Altria Group has a market capitalization of $92.44 billion and generates $25.11 billion in revenue each year. The company earns $-1,293,000,000.00 in net income (profit) each year or $4.22 on an earnings per share basis.

How many employees does Altria Group have?

Altria Group employs 7,100 workers across the globe.

When was Altria Group founded?

Altria Group was founded in 1985.

What is Altria Group's official website?

The official website for Altria Group is www.altria.com.

Where are Altria Group's headquarters?

Altria Group is headquartered at 6601 WEST BROAD STREET, RICHMOND VA, 23230.

How can I contact Altria Group?

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


This page was last updated on 5/9/2021 by MarketBeat.com Staff
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