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 (WHO). Since then, MO stock has decreased by 2.7% and is now trading at $39.40. 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 5 hold ratings and 11 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 data on Thursday, April, 30th. The company reported $1.09 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.98 by $0.11. The business earned $4.33 billion during the quarter, compared to the consensus estimate of $4.51 billion. Altria Group had a positive return on equity of 84.55% and a negative net margin of 3.33%. The company's quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 earnings per share. View Altria Group's earnings history.

Altria Group announced a quarterly dividend on Friday, May 15th. Investors of record on Monday, June 15th will be given a dividend of $0.84 per share on Friday, July 10th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date is Friday, June 12th. View Altria Group's dividend history.

Altria Group announced that its board has approved a stock repurchase program 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 repurchase up to 1.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

16 equities research analysts have issued 12-month price targets for Altria Group's stock. Their forecasts range from $34.00 to $68.00. On average, they anticipate Altria Group's stock price to reach $50.79 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View analysts' price targets for Altria Group.

News coverage about MO stock has been trending somewhat negative on Saturday, InfoTrie reports. The research group ranks the sentiment of press 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 media sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Altria Group.

Altria Group saw a decline in short interest in 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 a variety of institutional and retail investors. Top institutional shareholders include Thomasville National Bank (0.00%), Park National Corp OH (0.00%), First Financial Bank Trust Division (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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 First Financial Bank Trust Division. View insider buying and selling activity for Altria Group.

MO stock was acquired by a variety of institutional investors in the last quarter, including Park National Corp OH, Thomasville National Bank, and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $39.40.

Altria Group has a market capitalization of $73.22 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.