Altria Group Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Altria Group stock.
View analyst ratings for Altria Group or view top-rated stocks.

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Altria Group saw a decrease in short interest in April. As of April 15th, there was short interest totaling 11,750,000 shares, a decrease of 17.8% from the March 31st total of 14,300,000 shares. Based on an average daily trading volume, of 10,430,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the company's shares are sold short.
View Altria Group's Short Interest.

Altria Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Altria Group.

Altria Group, Inc. (NYSE:MO) announced its quarterly earnings results on Wednesday, April, 28th. The company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.03. The company earned $4.13 billion during the quarter, compared to analysts' expectations of $4.98 billion. Altria Group had a net margin of 2.84% and a trailing twelve-month return on equity of 148.93%. The business's revenue was down 4.6% on a year-over-year basis. During the same period last year, the firm posted $1.09 earnings per share.
View Altria Group's earnings history.

Altria Group's stock was trading at $40.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MO stock has increased by 19.4% and is now trading at $48.35.
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Altria Group announced a quarterly dividend on Friday, February 26th. Shareholders of record on Thursday, March 25th will be given a dividend of $0.86 per share on Friday, April 30th. This represents a $3.44 annualized dividend and a dividend yield of 7.11%. The ex-dividend date is Wednesday, March 24th.
View Altria Group's dividend history.

Altria Group pays an annual dividend of $3.44 per share and currently has a dividend yield of 7.19%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Altria Group has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Altria Group is 81.52%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Altria Group will have a dividend payout ratio of 75.27% in the coming year. This indicates that Altria Group may not be able to sustain their current dividend.
View Altria Group's dividend history.

Altria Group declared that its Board of Directors has authorized a stock buyback program on Thursday, January 28th 2021, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

Altria Group updated its FY21 earnings guidance on Thursday, April, 29th. The company provided EPS guidance of $4.49-4.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.57.

11 analysts have issued 1 year target prices for Altria Group's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Altria Group's stock price to reach $51.00 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
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15 employees have rated Altria Group CEO Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among Altria Group's employees.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Swedish Match AB (publ) (SWMAY), Vector Group (VGR), BOTS (BTZI), White Fox Ventures (AWAW) and Electronic Cigarettes International Group (ECIGQ).
View all of MO's competitors.

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), The Coca-Cola (KO), Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Pfizer (PFE), Intel (INTC) and Bank of America (BAC).

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

Altria Group's stock is owned by many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.29%), LSV Asset Management (0.20%), Coho Partners Ltd. (0.15%), New York State Teachers Retirement System (0.13%), Envestnet Asset Management Inc. (0.12%) and Victory Capital Management Inc. (0.11%).
View institutional ownership trends for Altria Group.

MO stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Nisa Investment Advisors LLC, Sumitomo Mitsui Trust Holdings Inc., Los Angeles Capital Management LLC, Robeco Institutional Asset Management B.V., Sentry Investment Management LLC, Artemis Investment Management LLP, and Chevy Chase Trust Holdings Inc..
View insider buying and selling activity for Altria Group or view top insider-selling stocks.

MO stock was purchased by a variety of institutional investors in the last quarter, including GSB Wealth Management LLC, State of Michigan Retirement System, Victory Capital Management Inc., Envestnet Asset Management Inc., Torray LLC, Bronte Capital Management Pty Ltd., TIAA FSB, and Clarus Group Inc..
View insider buying and selling activity for Altria Group or or view top insider-buying stocks.

Shares of MO 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.
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One share of MO stock can currently be purchased for approximately $48.35.

Altria Group has a market capitalization of $89.48 billion and generates $25.11 billion in revenue each year. The company earns $-1,293,000,000.00 in net income (profit) each year or $4.22 on an earnings per share basis.

Altria Group employs 7,100 workers across the globe.

Altria Group was founded in 1985.

The official website for Altria Group is www.altria.com.

Altria Group is headquartered at 6601 WEST BROAD STREET, RICHMOND VA, 23230.

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