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

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

Altria Group announced a quarterly dividend on Thursday, February 27th. Investors of record on Wednesday, March 25th will be given a dividend of $0.84 per share on Thursday, April 30th. This represents a $3.36 annualized dividend and a yield of 8.34%. The ex-dividend date is Tuesday, March 24th. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has authorized a stock buyback program on Tuesday, July 30th 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 1.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Altria Group Inc (NYSE:MO) posted its quarterly earnings results on Thursday, January, 30th. The company reported $1.02 earnings per share for the quarter, hitting the consensus estimate of $1.02. The firm had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.89 billion. Altria Group had a positive return on equity of 67.74% and a negative net margin of 5.15%. The firm's revenue was up .3% on a year-over-year basis. During the same period last year, the company posted $0.95 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Altria Group.

Altria Group updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 19th. The company provided earnings per share (EPS) guidance of 4.39-4.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.43.

14 equities research analysts have issued 1-year price objectives for Altria Group's shares. Their forecasts range from $48.00 to $68.00. On average, they expect Altria Group's share price to reach $55.19 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price. View Analyst Price Targets for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

News stories about MO stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altria Group earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Altria Group.

Altria Group saw a decrease in short interest in February. As of February 14th, there was short interest totalling 15,080,000 shares, a decrease of 5.9% from the January 30th total of 16,030,000 shares. Based on an average trading volume of 8,200,000 shares, the short-interest ratio is presently 1.8 days. Currently, 0.8% of the company's stock 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), Verizon Communications (VZ), Philip Morris International (PM), AbbVie (ABBV), Bank of America (BAC), General Electric (GE), Ford Motor (F), NVIDIA (NVDA), Wells Fargo & Co (WFC) and Alibaba Group (BABA).

Altria Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (4.25%), State Street Corp (4.08%), Capital World Investors (3.99%), Capital Research Global Investors (1.79%), Capital International Investors (1.41%) and Geode Capital Management LLC (1.39%). Company insiders that own Altria Group stock include Brian W Quigley, Dinyar S Devitre, Ivan S Feldman, 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 Capital Research Global Investors, Renaissance Technologies LLC, AQR Capital Management LLC, State Street Corp, Eagle Asset Management Inc., Gardner Russo & Gardner LLC, Great West Life Assurance Co. Can and Envestnet Asset Management Inc.. Company insiders that have sold Altria Group company stock in the last year include 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 FMR LLC, Capital World Investors, Sculptor Capital LP, Eaton Vance Management, American International Group Inc., Lido Advisors LLC, Van ECK Associates Corp and Geode Capital Management 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, Robinhood, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $40.30.

Altria Group has a market capitalization of $75.29 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 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.