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, December 12th. Stockholders of record on Thursday, December 26th will be paid a dividend of $0.84 per share on Friday, January 10th. This represents a $3.36 annualized dividend and a dividend yield of 7.44%. The ex-dividend date of this dividend is Tuesday, December 24th. View Altria Group's Dividend History.

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

Altria Group Inc (NYSE:MO) announced its quarterly earnings data on Thursday, January, 30th. The company reported $1.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.02. The firm had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.89 billion. Altria Group had a negative net margin of 5.15% and a positive return on equity of 67.74%. The company's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.95 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Altria Group.

Altria Group updated its FY20 earnings guidance on Thursday, January, 30th. The company provided EPS guidance of $4.39-4.51 for the period, compared to the Thomson Reuters consensus estimate of $4.43.

14 brokerages have issued 1 year price targets for Altria Group's shares. Their forecasts range from $48.00 to $68.00. On average, they expect Altria Group's share price to reach $55.19 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

News headlines about MO stock have trended very negative on Tuesday, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altria Group earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. 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), NVIDIA (NVDA), Wells Fargo & Co (WFC) and Alibaba Group (BABA).

Altria Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (4.25%), State Street Corp (4.08%), Bank of New York Mellon Corp (1.10%), Charles Schwab Investment Management Inc. (0.82%), Franklin Resources Inc. (0.41%) and American International Group Inc. (0.40%). Company insiders that own Altria Group stock include Brian W Quigley, Dinyar S Devitre, Ivan S Feldman, 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 Renaissance Technologies LLC, AQR Capital Management LLC, State Street Corp, Eagle Asset Management Inc., Gardner Russo & Gardner LLC, Great West Life Assurance Co. Can, Envestnet Asset Management Inc. and Barrow Hanley Mewhinney & Strauss LLC. 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 FMR LLC, Sculptor Capital LP, Eaton Vance Management, American International Group Inc., Lido Advisors LLC, Van ECK Associates Corp, Toronto Dominion Bank and Coho Partners Ltd.. 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 $45.17.

Altria Group has a market capitalization of $84.38 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. 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.