NYSE:MOAltria Group Stock Price, Forecast & News

Altria Group's stock was trading at $40.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MO stock has increased by 1.4% and is now trading at $41.06. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Altria Group.

Altria Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Altria Group.

Altria Group will be holding an earnings conference call on Tuesday, July 28th 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 results on Thursday, April, 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.11. The company earned $4.33 billion during the quarter, compared to analysts' expectations of $4.51 billion. Altria Group had a negative net margin of 3.33% and a positive return on equity of 84.55%. The company's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.90 earnings per share. View Altria Group's earnings history.

Altria Group declared a quarterly dividend on Friday, May 15th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.84 per share on Friday, July 10th. This represents a $3.36 dividend on an annualized basis and a yield of 8.18%. The ex-dividend date is Friday, June 12th. View Altria Group's dividend history.

Altria Group declared that its board has initiated a share repurchase program 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 programs are usually a sign that the company's board of directors believes its stock is undervalued.

16 Wall Street analysts have issued twelve-month price objectives for Altria Group's stock. Their forecasts range from $34.00 to $68.00. On average, they expect Altria Group's share price to reach $50.29 in the next year. This suggests a possible upside of 22.5% from the stock's current price. View analysts' price targets for Altria Group.

News stories about MO stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. 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 daily sentiment score of -1.5 on InfoTrie's scale. They also gave news headlines 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 company's share price in the near term. View the latest news about Altria Group.

Altria Group saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,690,000 shares, a decline of 21.9% from the May 31st total of 16,250,000 shares. Based on an average daily volume of 12,660,000 shares, the short-interest ratio is presently 1.0 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), SWEDISH MATCH A/ADR (SWMAY), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW). View all 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), Coca-Cola (KO), AbbVie (ABBV), Exxon Mobil (XOM), Verizon Communications (VZ), Johnson & Johnson (JNJ), Bank of America (BAC), Pfizer (PFE) and General Electric (GE).

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

Altria Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.07%), Factory Mutual Insurance Co. (0.06%), State of Alaska Department of Revenue (0.02%), CENTRAL TRUST Co (0.01%), Moody National Bank Trust Division (0.01%) and Verity & Verity LLC (0.01%). Company insiders that own Altria Group stock include Dinyar S Devitre, Ivan S Feldman, Jody L Begley, Nabil Y Sakkab 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 Centre Asset Management LLC, IFM Investors Pty Ltd, Exane Derivatives, Envestnet Asset Management Inc., Fulton Bank N. A., Factory Mutual Insurance Co., Keudell Morrison Wealth Management, and Red Door Wealth Management LLC. View insider buying and selling activity for Altria Group.

MO stock was purchased by a variety of institutional investors in the last quarter, including Guardian Investment Management, Sage Capital Advisors llc, OmniStar Financial Group Inc., Canandaigua National Corp, HNP Capital LLC, LVM Capital Management Ltd. MI, E&G Advisors LP, and MADDEN SECURITIES Corp. View insider buying and selling activity 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 $41.06.

Altria Group has a market capitalization of $76.30 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 7,300 workers across the globe.

The official website for Altria Group is 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.