About Altria Group (NYSE:MO)
Altria Group, Inc. is a holding company. The Company's segments include smokeable products, smokeless products and wine. The Company's subsidiaries include Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle), is engaged in the manufacture and sale of smokeless tobacco products and wine. Its other operating companies include Nu Mark LLC (Nu Mark), a subsidiary that is engaged in the manufacture and sale of tobacco products, and Philip Morris Capital Corporation (PMCC), a subsidiary that maintains a portfolio of finance assets. Other subsidiaries include Altria Group Distribution Company and Altria Client Services LLC.
Industry, Sector and Symbol
Industry Cigars & Cigarette Manufacturing
Trailing P/E Ratio18.93
Forward P/E Ratio15.98
Sales & Book Value
Annual Sales$25.58 billion
Price / Sales4.77
Cash Flow$3.41 per share
Price / Cash18.73
Book Value$8.06 per share
Price / Book7.93
Net Income$10.22 billion
Return on Equity50.01%
Return on Assets14.74%
Altria Group (NYSE:MO) Frequently Asked Questions
What is Altria Group's stock symbol?
Altria Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MO."
How often does Altria Group pay dividends? What is the dividend yield for Altria Group?
Altria Group announced a quarterly dividend on Wednesday, December 6th. Shareholders of record on Thursday, December 21st will be paid a dividend of $0.66 per share on Wednesday, January 10th. This represents a $2.64 annualized dividend and a yield of 4.13%. The ex-dividend date is Wednesday, December 20th. View Altria Group's Dividend History.
How will Altria Group's stock buyback program work?
Altria Group declared that its board has approved a stock repurchase program on Thursday, February 1st 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.
How were Altria Group's earnings last quarter?
Altria Group Inc (NYSE:MO) released its quarterly earnings data on Thursday, February, 1st. The company reported $0.91 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.11. The business earned $4.71 billion during the quarter, compared to analysts' expectations of $4.80 billion. Altria Group had a net margin of 39.97% and a return on equity of 50.01%. The business's quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.68 earnings per share. View Altria Group's Earnings History.
When will Altria Group make its next earnings announcement?
What guidance has Altria Group issued on next quarter's earnings?
Altria Group issued an update on its FY18 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $3.90-4.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.99.
Where is Altria Group's stock going? Where will Altria Group's stock price be in 2018?
10 Wall Street analysts have issued 12-month price targets for Altria Group's shares. Their forecasts range from $62.00 to $85.00. On average, they expect Altria Group's stock price to reach $73.44 in the next twelve months. View Analyst Ratings for Altria Group.
What are Wall Street analysts saying about Altria Group stock?
Here are some recent quotes from research analysts about Altria Group stock:
- 1. According to Zacks Investment Research, "Altria has been progressing well with expansion in the smokeless products category, which has helped it surpass the industry in the past six months. Notably, the company’s flagship MarkTen brand is now a leading U.S. e-vapor brand, with a substantial retail market share. These factors fueled Altria’s smokeless product revenue in fourth-quarter 2017, wherein earnings kept its stellar year-over-year growth trend intact. Results were backed by solid pricing, higher OCI and lower tax rates, stemming from recent tax reforms. However, rising health consciousness and stern government regulations to curb tobacco consumption has been hurting cigarette volumes and denting Altria’s top line for quite some time. Moreover, the Wine category remains sluggish due to stiff competition. Nonetheless, investments in key growth areas, efforts to lift Marlboro’s share and expected gains from tax reforms led to a robust earnings view." (2/6/2018)
- 2. UBS Group AG analysts commented, "modest potential negatives." In fact, the FDA's new policy on tobacco is the "bigger overhang" as it could evolve into incremental federal cigarette regulation — an event that was previously viewed as being unlikely, the analyst continued. As a result, Altria's longer-term growth assumptions are being called into question and a re-rating of the stock's multiple is justified, as has been the case in prior periods of regulatory scrutiny.However, the FDA's new policy shift will be slow to implement and represents no near-term impacts to Altria's earnings per share, Powers added. Also, conversations with industry experts suggest that it will take several years before any tangible regulatory change on the industry takes hold." (8/8/2017)
Are investors shorting Altria Group?
Altria Group saw a drop in short interest in the month of January. As of January 12th, there was short interest totalling 12,602,124 shares, a drop of 11.0% from the December 29th total of 14,156,847 shares. Based on an average trading volume of 6,494,239 shares, the short-interest ratio is presently 1.9 days. Currently, 0.7% of the shares of the company are short sold.
Who are some of Altria Group's key competitors?
Some companies that are related to Altria Group include Procter & Gamble (PG), The Coca-Cola (KO), Anheuser Busch Inbev (BUD), Philip Morris International (PM), PepsiCo (PEP), LVMH Moet Hennessy Louis Vuitton (LVMUY), British American Tobacco (BTI), L'Oreal (LRLCY), Unilever (UN), Diageo (DEO), Kraft Heinz (KHC), Mondelez International (MDLZ), Unilever (UL), Colgate-Palmolive (CL), Heineken (HEINY), Reckitt Benckiser Group (RBGLY), Japan Tobacco (JAPAY) and Estee Lauder Companies (EL).
Who are Altria Group's key executives?
Altria Group's management team includes the folowing people:
- Martin J. Barrington, Chairman of the Board, President, Chief Executive Officer
- William F. Gifford Jr., Chief Financial Officer, Executive Vice President
- Clifford B. Fleet, President and Chief Executive Officer, Philip Morris USA Inc.
- Craig A. Johnson, President and Chief Executive Officer of Altria Group Distribution Company
- Brian W. Quigley, President & Chief Executive Officer of U.S. Smokeless Tobacco Company LLC
- Howard A. Willard III, Chief Operating Officer, Executive Vice President
- Charles N. Whitaker, Senior Vice President - Human Resources, Compliance & Information Services, Chief Compliance Officer
- Salvatore Mancuso, Senior Vice President - Strategy, Planning and Accounting
- Ivan S. Feldman, Vice President, Controller
- Daniel J. Bryant, Vice President, Treasurer
Who owns Altria Group stock?
Altria Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.10%), Geode Capital Management LLC (1.14%), Bank of New York Mellon Corp (1.12%), Barrow Hanley Mewhinney & Strauss LLC (0.98%), Alliancebernstein L.P. (0.55%) and Schwab Charles Investment Management Inc. (0.52%). Company insiders that own Altria Group stock include Brian W Quigley, Charles N Whitaker, Craig A Johnson, Dinyar S Devitre, George Munoz, James E Dillard III, Martin J Barrington and Nabil Y Sakkab. View Institutional Ownership Trends for Altria Group.
Who sold Altria Group stock? Who is selling Altria Group stock?
Altria Group's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Two Sigma Advisers LP, Arrowstreet Capital Limited Partnership, Credit Agricole S A, OppenheimerFunds Inc., AXA, Barrow Hanley Mewhinney & Strauss LLC and WINTON GROUP Ltd. Company insiders that have sold Altria Group company stock in the last year include Craig A Johnson, Dinyar S Devitre, George Munoz, James E Dillard III and Martin J Barrington. View Insider Buying and Selling for Altria Group.
Who bought Altria Group stock? Who is buying Altria Group stock?
Altria Group's stock was acquired by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, Mackenzie Financial Corp, Amundi Pioneer Asset Management Inc., Standard Life Aberdeen plc, BlackRock Inc., Hexavest Inc., American International Group Inc. and Schroder Investment Management Group. View Insider Buying and Selling for Altria Group.
How do I buy Altria Group stock?
Shares of Altria Group 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.
What is Altria Group's stock price today?
One share of Altria Group stock can currently be purchased for approximately $63.93.
How big of a company is Altria Group?
Altria Group has a market capitalization of $122.49 billion and generates $25.58 billion in revenue each year. The company earns $10.22 billion in net income (profit) each year or $5.32 on an earnings per share basis. Altria Group employs 8,300 workers across the globe.
How can I contact Altria Group?
Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The company can be reached via phone at 804-274-2200.
MarketBeat Community Rating for Altria Group (MO)MarketBeat's community ratings are surveys of what our community members think about Altria Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Altria Group (NYSE:MO) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Hold|
|Consensus Rating Score: ||2.80||2.82||2.62||2.46|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$73.44||$73.50||$72.75||$72.31|
|Price Target Upside: ||5.83% upside||4.96% upside||10.43% upside||13.50% upside|
Altria Group (NYSE:MO) Consensus Price Target History
Altria Group (NYSE:MO) Analyst Ratings History
(Data available from 2/22/2016 forward)
Altria Group (NYSE:MO) Earnings History and Estimates Chart
Altria Group (NYSE MO) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018||Q4 2017||$0.80||$0.91||$4.80 billion||$4.71 billion||View||N/A|
|10/26/2017||Q3 2017||$0.87||$0.90||$5.22 billion||$5.10 billion||View||N/A|
|7/27/2017||Q2 2017||$0.86||$0.85||$5.02 billion||$4.37 billion||View||N/A|
|5/2/2017||Q1 2017||$0.74||$0.73||$4.63 billion||$4.59 billion||View||Listen|
|2/1/2017||Q416||$0.67||$0.68||$4.80 billion||$5.45 billion||View||Listen|
|10/27/2016||Q316||$0.81||$0.82||$5.11 billion||$6.90 billion||View||Listen|
|7/27/2016||Q216||$0.80||$0.81||$5.01 billion||$6.52 billion||View||Listen|
|4/28/2016||Q116||$0.68||$0.72||$4.41 billion||$3.92 billion||View||Listen|
|1/28/2016||Q415||$0.68||$0.67||$4.73 billion||$6.32 billion||View||Listen|
|10/29/2015||Q315||$0.75||$0.75||$4.89 billion||$4.36 billion||View||Listen|
|7/29/2015||Q215||$0.71||$0.74||$4.74 billion||$6.61 billion||View||Listen|
|4/23/2015||Q115||$0.62||$0.63||$4.11 billion||$5.80 billion||View||Listen|
|1/30/2015||Q414||$0.67||$0.66||$4.50 billion||$6.26 billion||View||Listen|
|10/30/2014||Q314||$0.68||$0.69||$4.73 billion||$6.49 billion||View||Listen|
|7/22/2014||Q214||$0.66||$0.65||$4.60 billion||$6.26 billion||View||Listen|
|4/24/2014||Q114||$0.57||$0.57||$4.03 billion||$5.52 billion||View||Listen|
|1/30/2014||Q413||$0.58||$0.57||$4.48 billion||$6.08 billion||View||Listen|
|10/24/2013||Q313||$0.64||$0.66||$4.53 billion||$6.50 billion||View||Listen|
|7/23/2013||Q2 2013||$0.63||$0.62||$4.62 billion||$4.53 billion||View||Listen|
|4/25/2013||Q1 2013||$0.53||$0.69||$4.04 billion||$5.53 billion||View||Listen|
|1/31/2013||Q4 2012||$0.55||$0.55||$4.33 billion||$4.46 billion||View||Listen|
|10/25/2012||Q312||$0.58||$0.58||$5.50 billion||$5.61 billion||View||N/A|
Altria Group (NYSE:MO) Earnings Estimates
Current Year EPS Consensus Estimate: $4 EPS
Next Year EPS Consensus Estimate: $4.4 EPS
Altria Group (NYSE:MO) Dividend Information
|Most Recent Dividend:||1/10/2018|
|Dividend Growth:||8.30% (3 Year Average)|
|Payout Ratio:||49.62% (Trailing 12 Months of Earnings) |
66.00% (Based on This Year's Estimates)
60.00% (Based on Next Year's Estimates)
|Track Record:||9 Years of Consecutive Dividend Growth|
Altria Group (NYSE:MO) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Altria Group (NYSE MO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.11%
Institutional Ownership Percentage: 63.01%
Altria Group (NYSE MO) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/9/2018||James E Dillard III||SVP||Sell||6,500||$63.13||$410,345.00|| |
|2/8/2018||Craig A Johnson||CEO||Sell||14,953||$66.59||$995,720.27||64,809|| |
|9/21/2017||Dinyar S. Devitre||Director||Sell||32,000||$61.22||$1,959,040.00|| |
|8/10/2017||Martin J Barrington||CEO||Sell||15,300||$65.03||$994,959.00||701,074|| |
|5/23/2017||George Munoz||Director||Sell||5,000||$72.35||$361,750.00|| |
|5/8/2017||Dinyar S Devitre||Director||Sell||4,285||$70.72||$303,035.20||112,457|| |
|10/31/2016||Martin J Barrington||CEO||Sell||15,960||$65.85||$1,050,966.00||833,577|| |
|8/4/2016||Charles N. Whitaker||SVP||Sell||11,000||$66.53||$731,830.00|| |
|8/3/2016||James E. Dillard III||SVP||Sell||9,000||$66.68||$600,120.00|| |
|5/20/2016||Nabil Y Sakkab||Director||Buy||4,000||$63.20||$252,800.00||31,630|| |
|5/9/2016||Brian W Quigley||CEO||Sell||3,000||$63.66||$190,980.00||23,246|| |
|11/13/2015||Nabil Y Sakkab||Director||Buy||4,532||$56.44||$255,786.08||24,851|| |
|3/12/2015||Denise F Keane||EVP||Sell||25,000||$52.11||$1,302,750.00|| |
|11/17/2014||Clifford B Fleet||CEO of Philip Morris USA||Sell||5,000||$49.04||$245,200.00|| |
|11/17/2014||John R Nelson||EVP||Sell||1,640||$49.06||$80,458.40|| |
|5/15/2014||W Hildebrandt Surgner, Jr.||Insider||Sell||1,950||$40.07||$78,136.50||26,371|| |
|11/20/2013||Denise Keane||EVP||Sell||40,729||$37.57||$1,530,188.53||330,533|| |
|5/22/2013||Dinyar S Devitre||Director||Buy||26,700||$37.04||$988,968.00|| |
|5/13/2013||Brian W Quigley||CEO||Sell||1,235||$36.94||$45,620.90|| |
Altria Group (NYSE MO) News Headlines
Altria Group (NYSE:MO) SEC Filings
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Altria Group (NYSE:MO) Income Statement, Balance Sheet and Cash Flow Statement
Altria Group (NYSE MO) Stock Chart for Thursday, February, 22, 2018