Altria Group Stock Forecast, Price & News

Altria Group (NYSE:MO) Frequently Asked Questions

Is Altria Group a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Altria Group stock.
View analyst ratings for Altria Group or view top-rated stocks.

How has Altria Group's stock been impacted by Coronavirus?

Altria Group's stock was trading at $40.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MO shares have increased by 9.9% and is now trading at $44.49.
View which stocks have been most impacted by COVID-19.

When is Altria Group's next earnings date?

Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Altria Group.

How were Altria Group's earnings last quarter?

Altria Group, Inc. (NYSE:MO) posted its quarterly earnings data on Wednesday, October, 27th. The company reported $1.22 EPS for the quarter, missing the Zacks' consensus estimate of $1.26 by $0.04. The firm had revenue of $5.53 billion for the quarter, compared to the consensus estimate of $5.73 billion. Altria Group had a trailing twelve-month return on equity of 422.90% and a net margin of 10.65%. Altria Group's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the company earned $1.19 earnings per share.
View Altria Group's earnings history.

How often does Altria Group pay dividends? What is the dividend yield for Altria Group?

Altria Group declared a quarterly dividend on Thursday, August 26th. Shareholders of record on Wednesday, September 15th will be paid a dividend of $0.90 per share on Tuesday, October 12th. This represents a $3.60 annualized dividend and a dividend yield of 8.09%. The ex-dividend date of this dividend is Tuesday, September 14th. This is an increase from Altria Group's previous quarterly dividend of $0.86.
View Altria Group's dividend history.

Is Altria Group a good dividend stock?

Altria Group pays an annual dividend of $3.60 per share and currently has a dividend yield of 8.10%. 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 243.24%. 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 74.07% next year. This indicates that Altria Group will be able to sustain or increase its dividend.
View Altria Group's dividend history.

How will Altria Group's stock buyback program work?

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

What guidance has Altria Group issued on next quarter's earnings?

Altria Group issued an update on its FY 2021 earnings guidance on Thursday, November, 4th. The company provided earnings per share (EPS) guidance of $4.580-$4.620 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.620. The company issued revenue guidance of -.

What price target have analysts set for MO?

10 equities research analysts have issued 1 year price targets for Altria Group's stock. Their forecasts range from $46.00 to $58.00. On average, they anticipate Altria Group's stock price to reach $53.00 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price.
View analysts' price targets for Altria Group or view top-rated stocks among Wall Street analysts.

Who are Altria Group's key executives?

Altria Group's management team includes the following people:

• William F. Gifford, Vice Chairman & Chief Executive Officer
• Jody L. Begley, Chief Operating Officer & Executive Vice President
• Salvatore Mancuso, Chief Financial Officer & Executive Vice President
• Charles N. Whitaker, SVP, Chief Human Resources & Compliance Officer
• Murray R. Garnick, Executive Vice President & General Counsel

What is Billy Gifford's approval rating as Altria Group's CEO?

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.

Who are some of Altria Group's key competitors?

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), Electronic Cigarettes International Group (ECIGQ) and White Fox Ventures (AWAW).
View all of MO's competitors.

What other stocks do shareholders of Altria Group own?

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).

What is Altria Group's stock symbol?

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

Who are Altria Group's major shareholders?

Altria Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital World Investors (6.86%), BlackRock Inc. (6.52%), Geode Capital Management LLC (1.62%), Bank of New York Mellon Corp (1.17%), Capital Research Global Investors (1.14%) and Invesco Ltd. (0.69%).
View institutional ownership trends for Altria Group.

Which institutional investors are selling Altria Group stock?

MO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital World Investors, Capital Research Global Investors, Franklin Resources Inc., Citadel Advisors LLC, Toronto Dominion Bank, Arrowstreet Capital Limited Partnership, and State of Michigan Retirement System.
View insider buying and selling activity for Altria Group or view top insider-selling stocks.

Which institutional investors are buying Altria Group stock?

MO stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Victory Capital Management Inc., Nordea Investment Management AB, Natixis, Geode Capital Management LLC, Van ECK Associates Corp, Bank of Nova Scotia, and Brandywine Global Investment Management LLC.
View insider buying and selling activity for Altria Group or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Altria Group's stock price today?

One share of MO stock can currently be purchased for approximately $44.49.

How much money does Altria Group make?

Altria Group has a market capitalization of $81.73 billion and generates $26.15 billion in revenue each year. The company earns $4.47 billion in net income (profit) each year or $1.48 on an earnings per share basis.

How many employees does Altria Group have?

Altria Group employs 7,100 workers across the globe.

When was Altria Group founded?

Altria Group was founded in 1985.

What is Altria Group's official website?

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

Where are Altria Group's headquarters?

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

How can I contact Altria Group?

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