NYSE:MOAltria Group Stock Price, Forecast & News

Altria Group's stock was trading at $40.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MO shares have increased by 2.4% and is now trading at $41.47. 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) announced its earnings results on Thursday, April, 30th. The company reported $1.09 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.98 by $0.11. The firm earned $4.33 billion during the quarter, compared to analyst estimates of $4.51 billion. Altria Group had a positive return on equity of 84.55% and a negative net margin of 3.33%. Altria Group's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $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 8.10%. The ex-dividend date of this dividend is Friday, June 12th. View Altria Group's dividend history.

Altria Group announced that its Board of Directors has approved a share repurchase program on Tuesday, July 30th 2019, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 1.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its stock is undervalued.

16 equities research analysts have issued 1 year price targets for Altria Group's stock. Their forecasts range from $34.00 to $68.00. On average, they anticipate Altria Group's share price to reach $50.29 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price. View analysts' price targets for Altria Group.

Media headlines about MO stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news 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 five, with scores nearest to five being the most favorable. Altria Group earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely 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 drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,690,000 shares, a drop of 21.9% from the May 31st total of 16,250,000 shares. Based on an average trading volume of 12,660,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.7% of the company's stock are short sold. 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 Envestnet Asset Management Inc. (0.07%), Factory Mutual Insurance Co. (0.06%), Gateway Investment Advisers LLC (0.06%), Howe & Rusling Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and CENTRAL TRUST Co (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 Gateway Investment Advisers LLC, Fluent Financial LLC, Centre Asset Management LLC, IFM Investors Pty Ltd, Exane Derivatives, Howe & Rusling Inc., Envestnet Asset Management Inc., and Exchange Traded Concepts LLC. View insider buying and selling activity for Altria Group.

MO stock was acquired by a variety of institutional investors in the last quarter, including Honkamp Krueger Financial Services Inc., Guardian Investment Management, Capital Insight Partners LLC, Sage Capital Advisors llc, OmniStar Financial Group Inc., Canandaigua National Corp, Empowered Funds LLC, and HNP Capital 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 $41.47.

Altria Group has a market capitalization of $77.07 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.