Altria Group Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Altria Group stock.
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Altria Group saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 14,110,000 shares, an increase of 26.8% from the April 29th total of 11,130,000 shares. Based on an average daily volume of 10,160,000 shares, the short-interest ratio is currently 1.4 days. Approximately 0.8% of the company's stock are short sold.
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Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Altria Group.

Altria Group will be holding an earnings conference call on Thursday, July 29th 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 Wednesday, April, 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.03. The business earned $4.13 billion during the quarter, compared to the consensus estimate of $4.98 billion. Altria Group had a trailing twelve-month return on equity of 215.81% and a net margin of 16.80%. Altria Group's revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.09 EPS.
View Altria Group's earnings history.

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 14.4% and is now trading at $46.31.
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Altria Group declared a quarterly dividend on Thursday, May 20th. Investors of record on Tuesday, June 15th will be paid a dividend of $0.86 per share on Friday, July 9th. This represents a $3.44 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date is Monday, June 14th.
View Altria Group's dividend history.

Altria Group pays an annual dividend of $3.44 per share and currently has a dividend yield of 7.34%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Altria Group has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Altria Group is 78.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Altria Group will have a dividend payout ratio of 71.07% next year. This indicates that Altria Group will be able to sustain or increase its dividend.
View Altria Group's dividend history.

Altria Group announced that its Board of Directors has authorized a share buyback plan on Thursday, January 28th 2021, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Altria Group updated its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share (EPS) guidance of $4.490-4.620 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.600. The company issued revenue guidance of -.

13 Wall Street analysts have issued twelve-month price objectives for Altria Group's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Altria Group's stock price to reach $51.10 in the next year. This suggests a possible upside of 10.3% from the stock's current price.
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15 employees have rated Altria Group CEO Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among Altria Group's employees.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Swedish Match AB (publ) (SWMAY), RLX Technology (RLX), Vector Group (VGR), 22nd Century Group (XXII), BOTS (BTZI), White Fox Ventures (AWAW) and Electronic Cigarettes International Group (ECIGQ).
View all of MO's 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), AbbVie (ABBV), The Coca-Cola (KO), Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Pfizer (PFE), Intel (INTC) and Bank of America (BAC).

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 investors include BlackRock Inc. (7.50%), Geode Capital Management LLC (1.52%), Bank of New York Mellon Corp (1.22%), Northern Trust Corp (1.02%), Capital International Investors (0.89%) and Royal Bank of Canada (0.73%).
View institutional ownership trends for Altria Group.

MO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Nuveen Asset Management LLC, Schafer Cullen Capital Management Inc, Bank of Nova Scotia, Arrowstreet Capital Limited Partnership, FIL Ltd, Toronto Dominion Bank, and LSV Asset Management.
View insider buying and selling activity for Altria Group or view top insider-selling stocks.

MO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Franklin Resources Inc., Cullen Capital Management LLC, Brandywine Global Investment Management LLC, Price T Rowe Associates Inc. MD, GSB Wealth Management LLC, State of Michigan Retirement System, and Glenmede Trust Co. NA.
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Shares of MO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MO stock can currently be purchased for approximately $46.31.

Altria Group has a market capitalization of $85.70 billion and generates $26.15 billion in revenue each year. The company earns $4.47 billion in net income (profit) each year or $4.36 on an earnings per share basis.

Altria Group employs 7,100 workers across the globe.

Altria Group was founded in 1985.

The official website for Altria Group is www.altria.com.

Altria Group is headquartered at 6601 WEST BROAD STREET, RICHMOND VA, 23230.

Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The company can be reached via phone at (804) 274-2200.