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. Stockholders of record on Friday, June 15th will be given a dividend of $0.70 per share on Tuesday, July 10th. This represents a $2.80 annualized dividend and a dividend yield of 4.85%. The ex-dividend date is Thursday, June 14th. View Altria Group's Dividend History.

Altria Group announced that its board has authorized a stock buyback program on Thursday, May 17th 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 up to 1% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

Altria Group Inc (NYSE:MO) released its quarterly earnings data on Thursday, April, 26th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.93 by $0.02. The firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.63 billion. Altria Group had a net margin of 41.85% and a return on equity of 49.92%. The company's revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the firm 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 estimate of $3.97.

14 Wall Street analysts have issued 12-month price targets for Altria Group's stock. Their predictions range from $62.00 to $85.00. On average, they expect Altria Group's stock price to reach $71.7162 in the next year. This suggests a possible upside of 24.2% 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).

News articles about MO stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Altria Group earned a daily sentiment score of 0.17 on Accern's scale. They also assigned news articles about the company an impact score of 46.44 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Altria Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.08%), Retirement Systems of Alabama (0.05%), Gateway Investment Advisers LLC (0.05%), NN Investment Partners Holdings N.V. (0.05%), State of Alaska Department of Revenue (0.04%) and Rathbone Brothers plc (0.03%). 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, Hexavest Inc., Mckinley Capital Management LLC Delaware, Biltmore Family Office LLC, Gateway Investment Advisers LLC, Atria Investments LLC and Calamos Advisors 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 purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of Alaska Department of Revenue, Capital Investment Advisors LLC, Caledonia Investments PLC, Howard Capital Management Inc., Pennsylvania Trust Co, Rathbone Brothers plc and Clinton Group Inc.. 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 $57.72.

Altria Group has a market capitalization of $108.15 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.