NYSE:MO - Altria Group Stock Price, Price Target & More

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

Altria Group declared a quarterly dividend on Thursday, May 17th. Investors of record on Friday, June 15th will be paid a dividend of $0.70 per share on Tuesday, July 10th. This represents a $2.80 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date is Thursday, June 14th. View Altria Group's Dividend History.

Altria Group declared that its Board of Directors has initiated a stock repurchase plan on Thursday, May 17th 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

Altria Group Inc (NYSE:MO) announced its quarterly earnings data on Thursday, April, 26th. The company reported $0.95 EPS for the quarter, beating the Zacks' consensus estimate of $0.93 by $0.02. The firm had revenue of $4.67 billion for the quarter, compared to analysts' expectations of $4.63 billion. Altria Group had a return on equity of 49.92% and a net margin of 41.85%. The company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Altria Group.

Altria Group updated its FY18 earnings guidance on Thursday, April, 26th. 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 $3.97.

14 equities research analysts have issued twelve-month price targets for Altria Group's stock. Their forecasts range from $62.00 to $85.00. On average, they expect Altria Group's stock price to reach $71.7162 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Ratings for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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).

Media coverage about MO stock has been trending somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Altria Group earned a daily sentiment score of 0.15 on Accern's scale. They also gave media headlines about the company an impact score of 48.83 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Altria Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.08%), Cornerstone Wealth Management LLC (0.07%), Factory Mutual Insurance Co. (0.05%), Retirement Systems of Alabama (0.05%), Gateway Investment Advisers LLC (0.05%) and NN Investment Partners Holdings N.V. (0.05%). 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, Mark Newman, Martin J Barrington 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 Atalanta Sosnoff Capital LLC, Retirement Systems of Alabama, Hartford Investment Management Co., Hexavest Inc., Oakbrook Investments LLC, Mckinley Capital Management LLC Delaware, Biltmore Family Office LLC and Gateway Investment Advisers LLC. Company insiders that have sold Altria Group company stock in the last year include Brian W Quigley, Craig A Johnson, Dinyar S Devitre, James E Dillard III, Martin J Barrington and W Hildebrandt Surgner Jr. View Insider Buying and Selling for Altria Group.

MO stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Manning & Napier Group LLC, State of Alaska Department of Revenue, Capital Investment Advisors LLC, Caledonia Investments PLC, Howard Capital Management Inc., Pennsylvania Trust Co and Rathbone Brothers plc. 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 $57.13.

Altria Group has a market capitalization of $109.09 billion and generates $25.58 billion in revenue each year. The company earns $10.22 billion in net income (profit) each year or $3.38 on an earnings per share basis. Altria Group employs 8,300 workers across the globe.

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