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

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

Altria Group declared a quarterly dividend on Friday, May 17th. Shareholders of record on Friday, June 14th will be given a dividend of $0.80 per share on Wednesday, July 10th. This represents a $3.20 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date is Thursday, June 13th. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has approved a share buyback plan on Tuesday, July 30th 2019, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 1.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

Altria Group Inc (NYSE:MO) announced its earnings results on Tuesday, July, 30th. The company reported $1.10 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $1.10. The company earned $5.19 billion during the quarter, compared to the consensus estimate of $5.08 billion. Altria Group had a return on equity of 51.53% and a net margin of 25.04%. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Altria Group.

Altria Group issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $4.15-4.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.18.

13 Wall Street analysts have issued 1-year target prices for Altria Group's stock. Their predictions range from $44.00 to $75.00. On average, they anticipate Altria Group's share price to reach $59.8964 in the next year. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for Altria Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altria Group.

News coverage about MO stock has been trending positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altria Group earned a news impact score of 2.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Altria Group.

Altria Group saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 13,330,600 shares, a decline of 16.0% from the June 30th total of 15,871,000 shares. Based on an average daily volume of 7,620,000 shares, the short-interest ratio is currently 1.7 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), 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 Ford Motor (F), AT&T (T), Philip Morris International (PM), The Coca-Cola (KO), Verizon Communications (VZ), Exxon Mobil (XOM), Johnson & Johnson (JNJ), AbbVie (ABBV), General Electric (GE) and Bank of America (BAC).

Altria Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.87%), BlackRock Inc. (7.31%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (1.13%), Janus Henderson Group PLC (1.00%) and Invesco Ltd. (0.88%). Company insiders that own Altria Group stock include Brian W Quigley, Craig A Johnson, Dinyar S Devitre, Ivan S Feldman, James E Dillard III, 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 JPMorgan Chase & Co., BlackRock Inc., Independent Franchise Partners LLP, Investec Asset Management LTD, Public Employees Retirement Association of Colorado, Price T Rowe Associates Inc. MD, USS Investment Management Ltd and Teacher Retirement System of Texas. Company insiders that have sold Altria Group company stock in the last year include Dinyar S Devitre, Ivan S Feldman, Jody L Begley and W Hildebrandt Surgner, Jr. View Insider Buying and Selling for Altria Group.

MO stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Natixis, Natixis, Toronto Dominion Bank, Morgan Stanley, Invesco Ltd. and Cibc World Markets Corp. 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, Scottrade, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $46.59.

Altria Group has a market capitalization of $87.03 billion and generates $25.36 billion in revenue each year. The company earns $6.96 billion in net income (profit) each year or $3.99 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.