NYSE:MO - Altria Group Stock Price, Price Target & More

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

Altria Group declared a quarterly dividend on Thursday, May 17th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.70 per share on Tuesday, July 10th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Thursday, June 14th. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has initiated a stock buyback program on Thursday, May 17th 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Altria Group Inc (NYSE:MO) announced its quarterly earnings results on Thursday, April, 26th. The company reported $0.95 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.93 by $0.02. The business earned $4.67 billion during the quarter, compared to analysts' expectations of $4.63 billion. Altria Group had a net margin of 41.85% and a return on equity of 49.92%. The company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.73 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Altria Group.

Altria Group issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $3.90-4.03 for the period, compared to the Thomson Reuters consensus estimate of $3.97.

14 brokers have issued 12 month price targets for Altria Group's stock. Their forecasts range from $62.00 to $85.00. On average, they expect Altria Group's stock price to reach $71.7162 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Ratings for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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).

News articles about MO stock have trended somewhat negative this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Altria Group earned a news impact score of -0.03 on Accern's scale. They also assigned media coverage about the company an impact score of 41.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Altria Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.08%), Gateway Investment Advisers LLC (0.05%), NN Investment Partners Holdings N.V. (0.05%), State of Alaska Department of Revenue (0.04%), Rathbone Brothers plc (0.03%) and Manning & Napier Group LLC (0.02%). Company insiders that own Altria Group stock include Brian W Quigley, Charles N Whitaker, Craig A Johnson, Dinyar S Devitre, George Munoz, James E Dillard III, Mark Newman, Martin J Barrington 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 Atalanta Sosnoff Capital LLC, Hexavest Inc., Mckinley Capital Management LLC Delaware, Gateway Investment Advisers LLC, Atria Investments LLC, Bremer Trust National Association, Mitsubishi UFJ Asset Management UK Ltd. and NN Investment Partners Holdings N.V.. Company insiders that have sold Altria Group company stock in the last year include Brian W Quigley, Craig A Johnson, Dinyar S Devitre, James E Dillard III, Martin J Barrington and W Hildebrandt Surgner Jr. View Insider Buying and Selling for Altria Group.

MO stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of Alaska Department of Revenue, Capital Investment Advisors LLC, Caledonia Investments PLC, Howard Capital Management Inc., Pennsylvania Trust Co, Rathbone Brothers plc and Clinton Group Inc.. 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 $57.14.

Altria Group has a market capitalization of $110.72 billion and generates $25.58 billion in revenue each year. The company earns $10.22 billion in net income (profit) each year or $3.38 on an earnings per share basis. Altria Group employs 8,300 workers across the globe.

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