Altria Group Stock Price, News & Analysis (NYSE:MO)

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

Altria Group announced a quarterly dividend on Thursday, August 22nd. Investors of record on Monday, September 16th will be given a dividend of $0.84 per share on Thursday, October 10th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 8.23%. The ex-dividend date of this dividend is Friday, September 13th. This is a boost from Altria Group's previous quarterly dividend of $0.80. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has initiated a share repurchase plan on Tuesday, July 30th 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 1.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Altria Group Inc (NYSE:MO) posted its earnings results on Tuesday, July, 30th. The company reported $1.10 earnings per share for the quarter, hitting analysts' consensus estimates 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 firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.01 earnings per share. 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 earnings per share (EPS) guidance of $4.15-4.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.18.

13 analysts have issued 1-year price targets for Altria Group's stock. Their forecasts range from $44.00 to $71.00. On average, they anticipate Altria Group's share price to reach $57.5327 in the next year. This suggests a possible upside of 41.0% 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 1 sell rating, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altria Group.

News coverage about MO stock has been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altria Group earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Altria Group.

Altria Group saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 12,647,700 shares, a drop of 5.1% from the July 31st total of 13,330,600 shares. Based on an average daily volume of 7,760,000 shares, the short-interest ratio is presently 1.6 days. Approximately 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), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV), General Electric (GE), Bank of America (BAC) and Pfizer (PFE).

Altria Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.87%), BlackRock Inc. (7.31%), BlackRock Inc. (7.31%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (1.13%) and Janus Henderson Group PLC (1.00%). 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., BlackRock Inc., Independent Franchise Partners LLP, Investec Asset Management LTD, Public Employees Retirement Association of Colorado, Price T Rowe Associates Inc. MD and USS Investment Management Ltd. 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 acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Natixis, Natixis, Toronto Dominion Bank, Toronto Dominion Bank, Morgan Stanley and Invesco 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 $40.81.

Altria Group has a market capitalization of $76.24 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.