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 declared a quarterly dividend on Thursday, December 12th. Investors of record on Thursday, December 26th will be given a dividend of $0.84 per share on Friday, January 10th. This represents a $3.36 annualized dividend and a yield of 7.44%. The ex-dividend date is Tuesday, December 24th. View Altria Group's Dividend History.

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

Altria Group Inc (NYSE:MO) issued its quarterly earnings data on Thursday, January, 30th. The company reported $1.02 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $1.02. The company earned $4.80 billion during the quarter, compared to the consensus estimate of $4.89 billion. The company's revenue was up .3% on a year-over-year basis. During the same period last year, the company earned $0.95 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Altria Group.

Altria Group issued an update on its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of $4.39-4.51 for the period, compared to the Thomson Reuters consensus estimate of $4.43.

14 brokers have issued twelve-month price objectives for Altria Group's stock. Their forecasts range from $48.00 to $68.00. On average, they anticipate Altria Group's stock price to reach $55.19 in the next year. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

News stories about MO stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Altria Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Altria Group.

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), NVIDIA (NVDA), Wells Fargo & Co (WFC) and Alibaba Group (BABA).

Altria Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (4.25%), State Street Corp (4.08%), Bank of New York Mellon Corp (1.10%), Charles Schwab Investment Management Inc. (0.82%), Franklin Resources Inc. (0.41%) and American International Group Inc. (0.40%). Company insiders that own Altria Group stock include Brian W Quigley, Dinyar S Devitre, Ivan S Feldman, 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 Renaissance Technologies LLC, AQR Capital Management LLC, State Street Corp, Eagle Asset Management Inc., Gardner Russo & Gardner LLC, Great West Life Assurance Co. Can, Envestnet Asset Management Inc. and Barrow Hanley Mewhinney & Strauss LLC. 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 FMR LLC, Sculptor Capital LP, Eaton Vance Management, American International Group Inc., Lido Advisors LLC, Van ECK Associates Corp, Toronto Dominion Bank and Coho Partners Ltd.. 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 $45.17.