NYSE:MO - Altria Group Stock Price, Forecast & News

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

Altria Group announced a quarterly dividend on Thursday, December 12th. Investors of record on Thursday, December 26th will be paid a dividend of $0.84 per share on Friday, January 10th. This represents a $3.36 annualized dividend and a dividend yield of 8.12%. The ex-dividend date of this dividend is Tuesday, December 24th. View Altria Group's Dividend History.

Altria Group announced that its board has authorized a share buyback program on Tuesday, July 30th 2019, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 1.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Altria Group Inc (NYSE:MO) posted its earnings results on Thursday, January, 30th. The company reported $1.02 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.02. The company earned $4.80 billion during the quarter, compared to analyst estimates of $4.89 billion. Altria Group had a negative net margin of 5.15% and a positive return on equity of 67.74%. Altria Group's revenue was up .3% on a year-over-year basis. During the same period last year, the firm earned $0.95 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Altria Group.

Altria Group updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of 4.39-4.51 for the period, compared to the Thomson Reuters consensus estimate of $4.43.

14 analysts have issued 1-year price targets for Altria Group's stock. Their forecasts range from $48.00 to $68.00. On average, they anticipate Altria Group's stock price to reach $55.19 in the next year. This suggests a possible upside of 33.4% from the stock's current price. View Analyst Price Targets for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

Headlines about MO stock have trended negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -2.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Altria Group.

Altria Group saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 15,080,000 shares, a drop of 5.9% from the January 30th total of 16,030,000 shares. Based on an average daily trading volume, of 8,200,000 shares, the short-interest ratio is presently 1.8 days. Currently, 0.8% of the shares of the company are sold short. View Altria Group's Current Options Chain.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Altria Group investors own include AT&T (T), Verizon Communications (VZ), Philip Morris International (PM), AbbVie (ABBV), Bank of America (BAC), General Electric (GE), Ford Motor (F), Wells Fargo & Co (WFC), NVIDIA (NVDA) and Alibaba Group (BABA).

Altria Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.25%), State Street Corp (4.08%), Capital World Investors (3.99%), Capital Research Global Investors (1.79%), Capital International Investors (1.41%) and Geode Capital Management LLC (1.39%). Company insiders that own Altria Group stock include Brian W Quigley, Dinyar S Devitre, Ivan S Feldman, Jody L Begley, Mark Newman, Nabil Y Sakkab, W Hildebrandt Surgner Jr 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 Capital Research Global Investors, Renaissance Technologies LLC, AQR Capital Management LLC, State Street Corp, Eagle Asset Management Inc., Gardner Russo & Gardner LLC, Great West Life Assurance Co. Can and Envestnet Asset Management Inc.. Company insiders that have sold Altria Group company stock in the last year include Jody L Begley and W Hildebrandt Surgner, Jr. View Insider Buying and Selling for Altria Group.

MO stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Capital World Investors, Sculptor Capital LP, Eaton Vance Management, American International Group Inc., Lido Advisors LLC, Van ECK Associates Corp and Geode Capital Management LLC. Company insiders that have bought Altria Group stock in the last two years include Mark Newman and Nabil Y Sakkab. 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, Robinhood, Fidelity and Charles Schwab.

One share of MO stock can currently be purchased for approximately $41.36.

Altria Group has a market capitalization of $77.27 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 8,300 workers across the globe.View Additional Information About Altria Group.

The official website for Altria Group is http://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.