Altria Group Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Altria Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MO, but not buy additional shares or sell existing shares.
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9 Wall Street research analysts have issued 1 year price objectives for Altria Group's stock. Their MO stock forecasts range from $36.00 to $57.00. On average, they predict Altria Group's share price to reach $47.56 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
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Altria Group's stock was trading at $47.39 at the beginning of 2022. Since then, MO stock has decreased by 10.8% and is now trading at $42.25.
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Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
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Altria Group will be holding an earnings conference call on Thursday, July 28th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Altria Group, Inc. (NYSE:MO) announced its quarterly earnings results on Thursday, April, 28th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. The company earned $4.82 billion during the quarter, compared to analyst estimates of $4.88 billion. Altria Group had a net margin of 11.64% and a negative trailing twelve-month return on equity of 2,506.92%. The company's quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.07 earnings per share.
View Altria Group's earnings history.

Altria Group announced a quarterly dividend on Thursday, May 19th. Shareholders of record on Wednesday, June 15th will be paid a dividend of $0.90 per share on Monday, July 11th. This represents a $3.60 annualized dividend and a dividend yield of 8.52%. The ex-dividend date is Tuesday, June 14th.
View Altria Group's dividend history.

Altria Group(NYSE:MO) pays an annual dividend of $3.60 per share and currently has a dividend yield of 8.62%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Altria Group is 219.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Altria Group will have a dividend payout ratio of 70.18% next year. This indicates that Altria Group will be able to sustain or increase its dividend.
View Altria Group's dividend history.

Altria Group announced that its board has approved a share repurchase program on Thursday, January 28th 2021, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Altria Group issued an update on its FY 2022 earnings guidance on Thursday, June, 16th. The company provided EPS guidance of $4.79-$4.93 for the period, compared to the consensus earnings per share estimate of $4.86. The company issued revenue guidance of -.

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.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Swedish Match AB (publ) (SWMAY), RLX Technology (RLX), Vector Group (VGR), 22nd Century Group (XXII), BOTS (BTZI), Electronic Cigarettes International Group (ECIGQ) and White Fox Ventures (AWAW).
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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), Coca-Cola (KO), Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Pfizer (PFE), Intel (INTC) and Bank of America (BAC).

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

Altria Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.00%).
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MO stock was bought by a variety of institutional investors in the last quarter, including Park National Corp OH.
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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.
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One share of MO stock can currently be purchased for approximately $42.25.

Altria Group (NYSE:MO) has a market capitalization of $76.50 billion and generates $26.01 billion in revenue each year. The company earns $2.48 billion in net income (profit) each year or $1.639990 on an earnings per share basis.

Altria Group employs 6,000 workers across the globe.

Altria Group was founded in 1985.

Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The official website for Altria Group is www.altria.com. The company can be reached via phone at (804) 274-2200 or via fax at 804-484-8231.