Altria Group Company Profile (NYSE:MO)

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

Altria Group declared a quarterly dividend on Thursday, May 18th. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.61 per share on Monday, July 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Tuesday, June 13th. View Altria Group's Dividend History.

Altria Group (NYSE:MO) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.73 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.01. The business had revenue of $4.59 billion for the quarter, compared to analysts' expectations of $4.63 billion. Altria Group had a return on equity of 76.43% and a net margin of 55.99%. The business's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Altria Group.

Altria Group issued an update on its FY17 earnings guidance on Tuesday, May, 2nd. The company provided EPS guidance of $3.26-3.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.29.

12 equities research analysts have issued 1 year price objectives for Altria Group's shares. Their predictions range from $62.00 to $79.00. On average, they anticipate Altria Group's stock price to reach $71.92 in the next year. View Analyst Ratings for Altria Group.

Here are some recent quotes from research analysts about Altria Group stock:

• 1. According to Zacks Investment Research, "Shares of Altria that have underperformed the Zacks categorized Tobacco industry on a year-to-date basis, may slid further as the company reported weaker-than-expected results in the first quarter of 2017. The company’s sales missed the Zacks Consensus Estimate for the second straight quarter. Further, it has been witnessing declining demand for cigarettes due to the ongoing anti-tobacco campaigns and price rise to offset the rising taxes. Moreover, consumers are opting for e-cigarettes or substitutes for cigarettes, in turn affecting cigarette volume. We noted that estimate for 2017 has witnessed downward revision in the past 30 days. However, we are impressed with the company’s strong brand portfolio, shift to low risk, smokeless tobacco products and strong pricing. We believe, the recent takeover of SABMiller by Anheuser-Busch InBev's has helped Altria to maximize the value of its SABMiller investment." (5/23/2017)
• 2. Royal Bank Of Canada analysts commented, "We are downgrading Altria to Underperform, as we see approximately 14% downside from current levels. We point out that shares are trading nearly in-line with Reynolds American on P/E and EV/EBITDA, despite RAI's pending acquisition by British American Tobacco. Looking forward over the next 18-24 months, we see a very low probability that Altria is acquired by PM International (which we see as the only likely acquirer)." (3/23/2017)
• 3. Jefferies Group LLC analysts commented, "We see a FY17 EPS of USD 3.29 (guidance USD 3.26-3.32; cons USD 3.30). While assumed growth of 8.8% is within the company long term growth algorithm (7%-9%), with risk of Marlboro share loss (in our view), ABI potentially not as supportive as expected, and the valuation currently inflated (pricing in potential tax benefits and/or a PMI bid), we see risk of de-rating. We increase our PT to USD 71 to reflect long term support from the Nat Sherman acquisition. Updating estimates: Our FY17 EPS estimate assumes growth of 8.8% which is the same as previously. While we now see greater operational performance (EBIT growth of 5.9% vs. 4.2%) due to greater assumed pricing and the Nat Sherman contribution, this is offset by a greater tax rate (at 36% vs. 35.4%) as guided by the company. We increase our PT by c3% to reflect long term share gains from the acquired Nat Sherman brand." (2/17/2017)

Some companies that are related to Altria Group include Nestle SA (NSRGY), Procter & Gamble Company (The) (PG), Coca-Cola Company (The) (KO), Philip Morris International (PM), Pepsico (PEP), LVMH-Moet Hennessy Louis Vuitton SA (LVMUY), LVMH Moet Hennessy Louis Vuitton SE (LVMUY), L'Oreal SA (LRLCY), The Kraft Heinz Company (KHC), Unilever NV (UN), Reynolds American (RAI), Ambev S.A. (ABEV), Diageo PLC (DEO), Reckitt Benckiser Group PLC (RBGLY), Unilever PLC (UL), Mondelez International (MDLZ), Colgate-Palmolive Company (CL) and Heineken NV (HEINY).

Altria Group's management team includes the folowing people:

• Martin J. Barrington, Chairman of the Board, President, Chief Executive Officer
• William F. Gifford Jr., Chief Financial Officer, Executive Vice President
• Clifford B. Fleet, President and Chief Executive Officer, Philip Morris USA Inc.
• Craig A. Johnson, President and Chief Executive Officer of Altria Group Distribution Company
• Brian W. Quigley, President & Chief Executive Officer of U.S. Smokeless Tobacco Company LLC
• Howard A. Willard III, Chief Operating Officer, Executive Vice President
• Denise F. Keane, Executive Vice President, General Counsel
• Charles N. Whitaker, Senior Vice President - Human Resources, Compliance & Information Services, Chief Compliance Officer
• Salvatore Mancuso, Senior Vice President - Strategy, Planning and Accounting
• Ivan S. Feldman, Vice President, Controller

Altria Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.87%), BlackRock Inc. (6.11%), State Street Corp (3.85%), Morgan Stanley (1.30%), Bank of New York Mellon Corp (1.14%) and Janus Capital Management LLC (1.12%). Company insiders that own Altria Group stock include Brian W Quigley, Charles N Whitaker, Dinyar S Devitre, George Munoz, James E Dillard III, Martin J Barrington and Nabil Y Sakkab. View Institutional Ownership Trends for Altria Group.

Altria Group's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vontobel Asset Management Inc., APG Asset Management N.V., Janus Capital Management LLC, Alliancebernstein L.P., Credit Agricole S A, Barrow Hanley Mewhinney & Strauss LLC and Skandinaviska Enskilda Banken AB publ. Company insiders that have sold Altria Group stock in the last year include Charles N Whitaker, Dinyar S Devitre, George Munoz, James E Dillard III and Martin J Barrington. View Insider Buying and Selling for Altria Group.

Altria Group's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Vanguard Group Inc., Renaissance Technologies LLC, Swiss National Bank, Karp Capital Management Corp, Los Angeles Capital Management & Equity Research Inc. and Geode Capital Management LLC. View Insider Buying and Selling for Altria Group.

Shares of Altria Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Altria Group stock can currently be purchased for approximately $76.53.