Altria Group - MO Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MO, but not buy additional shares or sell existing shares.
View MO analyst ratings or view top-rated stocks.

9 Wall Street research analysts have issued twelve-month price objectives for Altria Group's shares. Their MO share price forecasts range from $36.00 to $57.00. On average, they anticipate the company's stock price to reach $47.00 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
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Altria Group's stock was trading at $47.39 at the start of the year. Since then, MO shares have decreased by 4.8% and is now trading at $45.13.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our MO earnings forecast.

Altria Group, Inc. (NYSE:MO) released its earnings results on Thursday, July, 28th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.01. The firm earned $5.37 billion during the quarter, compared to analysts' expectations of $5.42 billion. Altria Group had a negative trailing twelve-month return on equity of 488.86% and a net margin of 6.88%. The firm's quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.23 earnings per share.
Read the conference call transcript.

Altria Group announced a quarterly dividend on Thursday, May 19th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.90 per share on Monday, July 11th. This represents a $3.60 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Tuesday, June 14th.
Read our dividend analysis for MO.

Altria Group (NYSE:MO) pays an annual dividend of $3.60 per share and currently has a dividend yield of 8.05%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 371.13%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MO will have a dividend payout ratio of 70.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MO.

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

Altria Group issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $4.79-$4.93 for the period, compared to the consensus estimate of $4.83. The company issued revenue guidance of -.

15 employees have rated Altria Group Chief Executive Officer Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among the company's employees.

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), 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 Swiss National Bank (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Deutsche Bank AG (0.26%), Victory Capital Management Inc. (0.20%), Cullen Capital Management LLC (0.18%) and Mackenzie Financial Corp (0.16%).
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Shares of MO stock 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 $45.13.

Altria Group (NYSE:MO) has a market capitalization of $81.27 billion and generates $26.01 billion in revenue each year. The company earns $2.48 billion in net income (profit) each year or $0.97 on an earnings per share basis.

The company employs 6,000 workers across the globe.

Altria Group was founded in 1985.

Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The official website for the company is www.altria.com. The company can be reached via phone at (804) 274-2200 or via fax at 804-484-8231.