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

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

Altria Group announced a quarterly dividend on Thursday, December 12th. Stockholders of record on Thursday, December 26th will be paid a dividend of $0.84 per share on Friday, January 10th. This represents a $3.36 annualized dividend and a dividend yield of 6.59%. The ex-dividend date of this dividend is Tuesday, December 24th. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has initiated a share buyback program 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 buy up to 1.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

Altria Group Inc (NYSE:MO) posted its quarterly earnings results on Thursday, October, 31st. The company reported $1.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.15 by $0.04. The business had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.34 billion. Altria Group had a return on equity of 56.17% and a net margin of 7.00%. The company's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.08 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Altria Group.

Altria Group will be holding an earnings conference call on Thursday, January 30th 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 updated its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share guidance of $4.19-4.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.19.

11 equities research analysts have issued 12 month price objectives for Altria Group's shares. Their forecasts range from $48.00 to $68.00. On average, they expect Altria Group's stock price to reach $54.86 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for Altria Group.

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

News coverage about MO stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altria Group earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Altria Group.

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 AT&T (T), Verizon Communications (VZ), Philip Morris International (PM), AbbVie (ABBV), Bank of America (BAC), General Electric (GE), Ford Motor (F), Wells Fargo & Co (WFC), NVIDIA (NVDA) and Alibaba Group (BABA).

Altria Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Commerzbank Aktiengesellschaft FI (0.07%), Wedge Capital Management L L P NC (0.04%), Gateway Investment Advisers LLC (0.04%), United Services Automobile Association (0.03%), Nisa Investment Advisors LLC (0.03%) and Calamos Advisors LLC (0.02%). 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 Commerzbank Aktiengesellschaft FI, 6 Meridian, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Raymond James Trust N.A., State of Alaska Department of Revenue, Huntington National Bank and IFP Advisors Inc. Company insiders that have sold Altria Group company stock in the last year include 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 Johanson Financial Advisors Inc., Alpine Global Management LLC, Merit Financial Group LLC, Sciencast Management LP, Inlet Private Wealth LLC, Fluent Financial LLC, Wedge Capital Management L L P NC and Verity & Verity LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $51.02.

Altria Group has a market capitalization of $95.31 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.