NYSE:MO - Altria Group Stock Price, News & Analysis

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

Altria Group declared a quarterly dividend on Friday, May 17th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.80 per share on Wednesday, July 10th. This represents a $3.20 annualized dividend and a yield of 6.88%. The ex-dividend date is Thursday, June 13th. View Altria Group's Dividend History.

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

Altria Group Inc (NYSE:MO) issued its earnings results on Tuesday, July, 30th. The company reported $1.10 EPS for the quarter, meeting the Zacks' consensus estimate of $1.10. The business earned $5.19 billion during the quarter, compared to analysts' expectations of $5.08 billion. Altria Group had a return on equity of 51.53% and a net margin of 25.04%. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Altria Group.

Altria Group updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $4.15-4.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.18.

13 brokers have issued 1-year price objectives for Altria Group's shares. Their forecasts range from $44.00 to $75.00. On average, they expect Altria Group's stock price to reach $59.8964 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for Altria Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altria Group.

News coverage about MO stock has trended negative on Sunday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -2.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Altria Group.

Altria Group saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 13,330,600 shares, a decrease of 16.0% from the June 30th total of 15,871,000 shares. Based on an average trading volume of 7,620,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.7% of the company's shares are sold short. View Altria Group's Current Options Chain.

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), Philip Morris International (PM), The Coca-Cola (KO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), AbbVie (ABBV), Verizon Communications (VZ), Bank of America (BAC), General Electric (GE) and Ford Motor (F).

Altria Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.87%), BlackRock Inc. (7.31%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (1.13%), Janus Henderson Group PLC (1.00%) and Invesco Ltd. (0.88%). Company insiders that own Altria Group stock include Brian W Quigley, Craig A Johnson, Dinyar S Devitre, Ivan S Feldman, James E Dillard III, 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 JPMorgan Chase & Co., BlackRock Inc., Independent Franchise Partners LLP, Investec Asset Management LTD, Public Employees Retirement Association of Colorado, Price T Rowe Associates Inc. MD, USS Investment Management Ltd and Teacher Retirement System of Texas. Company insiders that have sold Altria Group company stock in the last year include Dinyar S Devitre, 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 Nuveen Asset Management LLC, AQR Capital Management LLC, Natixis, Toronto Dominion Bank, Morgan Stanley, Invesco Ltd., Cibc World Markets Corp and Renaissance Technologies LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $46.48.

Altria Group has a market capitalization of $86.83 billion and generates $25.36 billion in revenue each year. The company earns $6.96 billion in net income (profit) each year or $3.99 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.