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 announced a quarterly dividend on Friday, May 17th. Investors 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 annualized dividend and a dividend yield of 6.90%. The ex-dividend date is Thursday, June 13th. View Altria Group's Dividend History.

Altria Group declared that its board has authorized a stock repurchase plan on Tuesday, July 30th 2019, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

Altria Group Inc (NYSE:MO) released its quarterly earnings results on Tuesday, July, 30th. The company reported $1.10 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $1.10. The firm had revenue of $5.19 billion for the quarter, compared to analysts' expectations of $5.08 billion. Altria Group had a return on equity of 51.53% and a net margin of 25.04%. The company's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.01 EPS. 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 updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $4.15-4.27 for the period, compared to the Thomson Reuters consensus estimate of $4.18.

13 equities research analysts have issued 12-month price targets for Altria Group's shares. Their predictions range from $44.00 to $75.00. On average, they expect Altria Group's share price to reach $59.8964 in the next twelve months. This suggests a possible upside of 29.1% 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 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altria Group.

News stories about MO stock have been trending positive on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. Altria Group earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for Altria Group.

Altria Group saw a decrease in short interest in July. As of July 31st, there was short interest totalling 13,330,600 shares, a decrease of 16.0% from the June 30th total of 15,871,000 shares. Based on an average daily trading volume, of 7,620,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.7% of the company's stock 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 AT&T (T), Philip Morris International (PM), The Coca-Cola (KO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Verizon Communications (VZ), AbbVie (ABBV), Bank of America (BAC), General Electric (GE) and Ford Motor (F).

Altria Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.87%), BlackRock Inc. (7.31%), BlackRock Inc. (7.31%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (1.13%) and Janus Henderson Group PLC (1.00%). 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., BlackRock Inc., Independent Franchise Partners LLP, Investec Asset Management LTD, Public Employees Retirement Association of Colorado, Price T Rowe Associates Inc. MD and USS Investment Management Ltd. 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 $46.41.

Altria Group has a market capitalization of $86.70 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.