Altria Group Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Altria Group stock.
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Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Altria Group.

Altria Group will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Altria Group, Inc. (NYSE:MO) posted its quarterly earnings data on Wednesday, January, 27th. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.02 by $0.03. The business earned $5.06 billion during the quarter, compared to analyst estimates of $4.95 billion. Altria Group had a trailing twelve-month return on equity of 148.93% and a net margin of 2.84%. Altria Group's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 earnings per share.
View Altria Group's earnings history.

Altria Group's stock was trading at $40.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MO shares have increased by 16.7% and is now trading at $47.23.
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Altria Group announced a quarterly dividend on Friday, February 26th. Investors 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 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Wednesday, March 24th.
View Altria Group's dividend history.

Altria Group pays an annual dividend of $3.44 per share and currently has a dividend yield of 7.29%. 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.

Altria Group announced that its board has approved a share repurchase plan 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 reacquire up to 2.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Altria Group updated its FY 2021 Pre-Market earnings guidance on Wednesday, February, 17th. The company provided earnings per share (EPS) guidance of 4.49-4.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.60.

11 analysts have issued twelve-month target prices for Altria Group's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Altria Group's stock price to reach $50.30 in the next year. This suggests a possible upside of 6.5% from the stock's current price.
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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), Vector Group (VGR), BOTS (BTZI), White Fox Ventures (AWAW) and Electronic Cigarettes International Group (ECIGQ).
View all of MO's competitors.

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).

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 Coho Partners Ltd. (0.15%), New York State Teachers Retirement System (0.13%), Retirement Systems of Alabama (0.11%), Chevy Chase Trust Holdings Inc. (0.07%), Gateway Investment Advisers LLC (0.06%) and Oregon Public Employees Retirement Fund (0.04%). Company insiders that own Altria Group stock include Jody L Begley 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 Sentry Investment Management LLC, Chevy Chase Trust Holdings Inc., Sanders Morris Harris LLC, New York State Teachers Retirement System, Retirement Systems of Alabama, FDx Advisors Inc., Galvin Gaustad & Stein LLC, and Carolina Wealth Advisors LLC.
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MO stock was purchased by a variety of institutional investors in the last quarter, including Bronte Capital Management Pty Ltd., TIAA FSB, Clarus Group Inc., Gateway Investment Advisers LLC, Exchange Traded Concepts LLC, 6 Meridian, Miller Howard Investments Inc. NY, and Pensionfund DSM Netherlands.
View insider buying and selling activity for Altria Group or or view top insider-buying stocks.

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 $47.23.

Altria Group has a market capitalization of $87.48 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 7,100 workers across the globe.

Altria Group was founded in 1985.

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

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

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