NYSE:MOAltria Group Stock Price, Forecast & News

Altria Group's stock was trading at $40.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MO shares have increased by 1.4% and is now trading at $41.06. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Altria Group.

Altria Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Altria Group.

Altria Group will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Altria Group Inc (NYSE:MO) issued its earnings results on Thursday, April, 30th. The company reported $1.09 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.98 by $0.11. The firm earned $4.33 billion during the quarter, compared to analysts' expectations of $4.51 billion. Altria Group had a positive return on equity of 84.55% and a negative net margin of 3.33%. The firm's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.90 earnings per share. View Altria Group's earnings history.

Altria Group announced a quarterly dividend on Friday, May 15th. Stockholders of record on Monday, June 15th will be given a dividend of $0.84 per share on Friday, July 10th. This represents a $3.36 annualized dividend and a yield of 8.18%. The ex-dividend date is Friday, June 12th. View Altria Group's dividend history.

Altria Group announced that its board has initiated a share repurchase program on Tuesday, July 30th 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 1.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its stock is undervalued.

16 brokers have issued 12-month price targets for Altria Group's shares. Their forecasts range from $34.00 to $68.00. On average, they expect Altria Group's stock price to reach $50.29 in the next year. This suggests a possible upside of 22.5% from the stock's current price. View analysts' price targets for Altria Group.

Headlines about MO stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Altria Group earned a media sentiment score of -4.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Altria Group.

Altria Group saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,690,000 shares, a drop of 21.9% from the May 31st total of 16,250,000 shares. Based on an average daily trading volume, of 12,660,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.7% of the shares of the stock are short sold. View Altria Group's Current Options Chain.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), SWEDISH MATCH A/ADR (SWMAY), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW). View all 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), Coca-Cola (KO), AbbVie (ABBV), Exxon Mobil (XOM), Verizon Communications (VZ), Johnson & Johnson (JNJ), Bank of America (BAC), Pfizer (PFE) and General Electric (GE).

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

Altria Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.07%), Factory Mutual Insurance Co. (0.06%), Howe & Rusling Inc. (0.02%), State of Alaska Department of Revenue (0.02%), CENTRAL TRUST Co (0.01%) and Moody National Bank Trust Division (0.01%). Company insiders that own Altria Group stock include Dinyar S Devitre, Ivan S Feldman, Jody L Begley, Nabil Y Sakkab 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 Centre Asset Management LLC, IFM Investors Pty Ltd, Exane Derivatives, Howe & Rusling Inc., Envestnet Asset Management Inc., Fulton Bank N. A., Factory Mutual Insurance Co., and Keudell Morrison Wealth Management. View insider buying and selling activity for Altria Group.

MO stock was acquired by a variety of institutional investors in the last quarter, including Guardian Investment Management, Capital Insight Partners LLC, Sage Capital Advisors llc, OmniStar Financial Group Inc., Canandaigua National Corp, HNP Capital LLC, LVM Capital Management Ltd. MI, and E&G Advisors LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MO stock can currently be purchased for approximately $41.06.

Altria Group has a market capitalization of $76.30 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 7,300 workers across the globe.

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

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