Altria Group Stock Forecast, Price & News

Altria Group (NYSE:MO) Frequently Asked Questions

Is Altria Group a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Altria Group stock.
View analyst ratings for Altria Group or view top-rated stocks.

How has Altria Group's stock price been impacted by COVID-19 (Coronavirus)?

Altria Group's stock was trading at $40.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MO shares have increased by 23.7% and is now trading at $50.09.
View which stocks have been most impacted by COVID-19.

When is Altria Group's next earnings date?

Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Altria Group.

How can I listen to Altria Group's earnings call?

Altria Group will be holding an earnings conference call on Thursday, January 27th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Altria Group's earnings last quarter?

Altria Group, Inc. (NYSE:MO) issued its quarterly earnings data on Wednesday, October, 27th. The company reported $1.22 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.26 by $0.04. The company had revenue of $5.53 billion for the quarter, compared to analyst estimates of $5.73 billion. Altria Group had a net margin of 10.65% and a trailing twelve-month return on equity of 422.90%. The business's quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the business posted $1.19 earnings per share.
View Altria Group's earnings history.

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

Altria Group announced a quarterly dividend on Thursday, December 9th. Investors of record on Thursday, December 23rd will be given a dividend of $0.90 per share on Monday, January 10th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 7.19%. The ex-dividend date is Wednesday, December 22nd.
View Altria Group's dividend history.

Is Altria Group a good dividend stock?

Altria Group pays an annual dividend of $3.60 per share and currently has a dividend yield of 7.13%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Altria Group is 243.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Altria Group will have a dividend payout ratio of 74.38% next year. This indicates that Altria Group will be able to sustain or increase its dividend.
View Altria Group's dividend history.

How will Altria Group's stock buyback program work?

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

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

Altria Group updated its FY 2021 earnings guidance on Thursday, November, 4th. The company provided earnings per share (EPS) guidance of $4.580-$4.620 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.620. The company issued revenue guidance of -.

What price target have analysts set for MO?

10 analysts have issued twelve-month price targets for Altria Group's stock. Their forecasts range from $46.00 to $58.00. On average, they expect Altria Group's share price to reach $52.57 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for Altria Group or view top-rated stocks among Wall Street analysts.

Who are Altria Group's key executives?

Altria Group's management team includes the following people:

• William F. Gifford, Vice Chairman & Chief Executive Officer
• Jody L. Begley, Chief Operating Officer & Executive Vice President
• Salvatore Mancuso, Chief Financial Officer & Executive Vice President
• Charles N. Whitaker, SVP, Chief Human Resources & Compliance Officer
• Murray R. Garnick, Executive Vice President & General Counsel

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

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.

Who are some of Altria Group's key competitors?

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Swedish Match AB (publ) (SWMAY), RLX Technology (RLX), Vector Group (VGR), 22nd Century Group (XXII), BOTS (BTZI), Electronic Cigarettes International Group (ECIGQ) and White Fox Ventures (AWAW).
View all of MO's competitors.

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 a number of retail and institutional investors. Top institutional shareholders include Coho Partners Ltd. (0.14%), Gateway Investment Advisers LLC (0.06%), Capital Investment Advisors LLC (0.03%), Royal London Asset Management Ltd. (0.03%), Hikari Power Ltd (0.02%) and M&G Investment Management Ltd. (0.02%).
View institutional ownership trends for Altria Group.

Which major investors are selling Altria Group stock?

MO stock was sold by a variety of institutional investors in the last quarter, including Coho Partners Ltd., Bogart Wealth LLC, Moody National Bank Trust Division, Royal London Asset Management Ltd., Sargent Bickham Lagudis LLC, IBM Retirement Fund, State of Alaska Department of Revenue, and Grassi Investment Management.
View insider buying and selling activity for Altria Group or view top insider-selling stocks.

Which major investors are buying Altria Group stock?

MO stock was purchased by a variety of institutional investors in the last quarter, including Clear Street Markets LLC, Crossmark Global Holdings Inc., Hikari Power Ltd, CX Institutional, Stonnington Group LLC, Adams Asset Advisors LLC, Exchange Traded Concepts LLC, and Aries Wealth Management.
View insider buying and selling activity for Altria Group or or view top insider-buying stocks.

How do I buy shares of 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 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 $50.09.

How much money does Altria Group make?

Altria Group has a market capitalization of $92.01 billion and generates $26.15 billion in revenue each year. The company earns $4.47 billion in net income (profit) each year or $1.48 on an earnings per share basis.

How many employees does Altria Group have?

Altria Group employs 7,100 workers across the globe.

When was Altria Group founded?

Altria Group was founded in 1985.

What is Altria Group's official website?

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

Where are Altria Group's headquarters?

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

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 or via fax at 804-484-8231.