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Altria Group - MO Stock Forecast, Price & News

$45.13
+0.39 (+0.87%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$44.81
$45.44
50-Day Range
$41.16
$54.15
52-Week Range
$41.00
$57.05
Volume
4.16 million shs
Average Volume
10.31 million shs
Market Capitalization
$81.27 billion
P/E Ratio
46.53
Dividend Yield
8.05%
Price Target
$47.00

Altria Group MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
4.1% Upside
$47.00 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.71
Upright™ Environmental Score
News Sentiment
0.07mentions of Altria Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.35%
From $4.86 to $5.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Consumer Staples Sector

84th out of 147 stocks

Cigarettes Industry

4th out of 6 stocks

MO stock logo

About Altria Group (NYSE:MO) Stock

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Cowen cut their price target on Altria Group from $56.00 to $45.00 and set a "market perform" rating for the company in a research note on Monday, June 27th. Morgan Stanley upgraded Altria Group from an "underweight" rating to an "equal weight" rating and cut their target price for the stock from $47.00 to $43.00 in a research note on Friday, June 24th. Sanford C. Bernstein cut Altria Group from an "outperform" rating to a "market perform" rating and cut their target price for the stock from $58.00 to $53.00 in a research note on Tuesday, May 10th. Deutsche Bank Aktiengesellschaft dropped their price target on Altria Group from $60.00 to $46.00 and set a "buy" rating for the company in a research note on Friday, July 1st. Finally, Bank of America dropped their price target on Altria Group from $50.00 to $45.00 and set a "neutral" rating for the company in a research note on Friday, July 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $47.00.

Altria Group Price Performance

MO Stock opened at $45.13 on Friday. The stock has a market capitalization of $81.27 billion, a PE ratio of 46.44, a price-to-earnings-growth ratio of 2.28 and a beta of 0.62. The company's 50-day moving average is $44.57 and its 200-day moving average is $49.84. Altria Group has a 1 year low of $41.00 and a 1 year high of $57.05.

Altria Group (NYSE:MO - Get Rating) last announced its quarterly earnings results on Thursday, July 28th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.01. Altria Group had a net margin of 6.88% and a negative return on equity of 488.86%. The business had revenue of $5.37 billion for the quarter, compared to analysts' expectations of $5.42 billion. During the same quarter last year, the firm earned $1.23 EPS. The firm's revenue for the quarter was down 4.3% compared to the same quarter last year. On average, analysts anticipate that Altria Group will post 4.86 earnings per share for the current fiscal year.

Altria Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 11th. Stockholders of record on Wednesday, June 15th were paid a dividend of $0.90 per share. The ex-dividend date was Tuesday, June 14th. This represents a $3.60 annualized dividend and a dividend yield of 7.98%. Altria Group's payout ratio is currently 371.13%.

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MO Stock News Headlines

Should High Yield Altria Be In Your Portfolio?
Altria is a tough stock to own even though it pays a relatively safe 8% yield that comes with a positive outlook for growth.
Altria's $13B investment in Juul e-cigarettes vaporizes
Altria reports its nearly $13 billion investment in troubled vaping company Juul is worth 95% less than it originally paid
Altria's $13B Juul investment has lost 95% of its value
Altria reports its nearly $13 billion investment in troubled vaping company Juul is worth 95% less than it originally paid
Altria: The 3 Certainties In Life
Altria Group (NYSE:MO) Upgraded at StockNews.com
Altria: A Simple Dividend Forecast
Altria Slashes Value of Juul by 70%
Altria cuts Juul stake value by 72%
Recap: Altria Group Q2 Earnings
See More Headlines
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MO Company Calendar

Ex-Dividend for 7/11 Dividend
6/14/2022
Dividend Payable
7/11/2022
Last Earnings
7/28/2022
Today
8/11/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
02209S10
Employees
6,000
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$47.00
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$2.48 billion
Pretax Margin
15.67%

Debt

Sales & Book Value

Annual Sales
$26.01 billion
Cash Flow
$4.86 per share
Book Value
($1.33) per share

Miscellaneous

Outstanding Shares
1,800,823,000
Free Float
1,799,562,000
Market Cap
$81.27 billion
Optionable
Optionable
Beta
0.62

Social Links


Key Executives

  • Mr. William F. Gifford Jr. (Age 52)
    CEO & Director
  • Mr. Salvatore Mancuso (Age 56)
    Exec. VP & CFO
    Comp: $1.58M
  • Mr. Jody L. Begley (Age 50)
    Exec. VP & COO
    Comp: $1.69M
  • Mr. Murray R. Garnick (Age 62)
    Exec. VP & Gen. Counsel
    Comp: $2.21M
  • Ms. Heather A. Newman (Age 45)
    Sr. VP & Chief Strategy and Growth Officer
    Comp: $1.19M
  • Mr. Charles N. Whitaker (Age 55)
    Sr. VP, Chief HR Officer & Chief Compliance Officer
  • Mr. Mac Livingston
    VP of Investor Relations
  • Mr. Todd A. Walker (Age 55)
    Sr. VP of Gov. Affairs & Public Policy - Altria Client Services LLC
  • Mr. Michael Thorne-Begland
    VP and Chief Inclusion, Diversity & Equity Officer - Altria Client Services LLC
  • Ms. Paige Magness
    Sr. VP of Regulatory Affairs - Altria Client Services LLC













MO Stock - Frequently Asked Questions

Should I buy or sell Altria Group stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MO, but not buy additional shares or sell existing shares.
View MO analyst ratings
or view top-rated stocks.

What is Altria Group's stock price forecast for 2022?

9 Wall Street research analysts have issued twelve-month price objectives for Altria Group's shares. Their MO share price forecasts range from $36.00 to $57.00. On average, they anticipate the company's stock price to reach $47.00 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
View analysts price targets for MO
or view top-rated stocks among Wall Street analysts.

How have MO shares performed in 2022?

Altria Group's stock was trading at $47.39 at the start of the year. Since then, MO shares have decreased by 4.8% and is now trading at $45.13.
View the best growth stocks for 2022 here
.

When is Altria Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our MO earnings forecast
.

How were Altria Group's earnings last quarter?

Altria Group, Inc. (NYSE:MO) released its earnings results on Thursday, July, 28th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.01. The firm earned $5.37 billion during the quarter, compared to analysts' expectations of $5.42 billion. Altria Group had a negative trailing twelve-month return on equity of 488.86% and a net margin of 6.88%. The firm's quarterly revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.23 earnings per share.
Read the conference call transcript
.

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

Altria Group announced a quarterly dividend on Thursday, May 19th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.90 per share on Monday, July 11th. This represents a $3.60 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Tuesday, June 14th.
Read our dividend analysis for MO
.

Is Altria Group a good dividend stock?

Altria Group (NYSE:MO) pays an annual dividend of $3.60 per share and currently has a dividend yield of 8.05%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 371.13%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MO will have a dividend payout ratio of 70.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MO.

How will Altria Group's stock buyback program work?

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

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

Altria Group issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $4.79-$4.93 for the period, compared to the consensus estimate of $4.83. The company issued revenue guidance of -.

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

15 employees have rated Altria Group Chief Executive Officer Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among the company's employees.

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 many different institutional and retail investors. Top institutional investors include Swiss National Bank (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Deutsche Bank AG (0.26%), Victory Capital Management Inc. (0.20%), Cullen Capital Management LLC (0.18%) and Mackenzie Financial Corp (0.16%).
View institutional ownership trends
.

How do I buy shares of Altria Group?

Shares of MO stock 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.
Compare Top Brokerages Here.

What is Altria Group's stock price today?

One share of MO stock can currently be purchased for approximately $45.13.

How much money does Altria Group make?

Altria Group (NYSE:MO) has a market capitalization of $81.27 billion and generates $26.01 billion in revenue each year. The company earns $2.48 billion in net income (profit) each year or $0.97 on an earnings per share basis.

How many employees does Altria Group have?

The company employs 6,000 workers across the globe.

When was Altria Group founded?

Altria Group was founded in 1985.

How can I contact Altria Group?

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

This page (NYSE:MO) was last updated on 8/12/2022 by MarketBeat.com Staff

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