S&P 500   4,109.31
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MarketBeat Week in Review – 3/27 - 3/31
Fed's Shocking New Plan to Control Your Money (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Fed's Shocking New Plan to Control Your Money (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Fed's Shocking New Plan to Control Your Money (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Fed's Shocking New Plan to Control Your Money (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Fed's Shocking New Plan to Control Your Money (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Fed's Shocking New Plan to Control Your Money (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Fed's Shocking New Plan to Control Your Money (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Fed's Shocking New Plan to Control Your Money (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Fed's Shocking New Plan to Control Your Money (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Fed's Shocking New Plan to Control Your Money (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Fed's Shocking New Plan to Control Your Money (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Fed's Shocking New Plan to Control Your Money (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
Lowest-Rated Stocks   Searched 677 Times  
NYSE:MO

Altria Group - MO Stock Forecast, Price & News

$44.62
+0.12 (+0.27%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$44.43
▼
$44.72
50-Day Range
$43.46
▼
$48.07
52-Week Range
$40.35
▼
$57.05
Volume
7.71 million shs
Average Volume
10.67 million shs
Market Capitalization
$79.67 billion
P/E Ratio
13.99
Dividend Yield
8.43%
Price Target
$45.55

Altria Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.1% Upside
$45.55 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.15
Upright™ Environmental Score
News Sentiment
0.79mentions of Altria Group in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.54%
From $5.05 to $5.33 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Consumer Staples Sector

84th out of 136 stocks

Cigarettes Industry

4th out of 5 stocks

See Top Rated MarketRank™ Stocks Here

MO stock logo

About Altria Group (NYSE:MO) Stock

Altria Group, Inc. is a US-based tobacco company and one of the Big-3 tobacco companies internationally. The company was formerly known as Phillip Morris International but emerged with its new name in 2003. The rebranding was intended to help the company improve its image while it shifted away from the smokeable tobacco segments of the business. It is a Fortune 500 company and a member of the S&P 500. The company was a member of the Dow Jones Industrial Average for many years but fell from that position due to declining tobacco sales and the divestiture of businesses.

The company operates through a network of subsidiaries that include Phillip Morris USA. Phillip Morris USA is the core segment of business and includes the Marlboro line of cigarette brands. German immigrant Phillip Morris originally founded Phillip Morris in London in 1822. In 1844 the company began making its first line of machine-rolled cigarettes called English Ovals. The English Ovals remained in production in limited quantities until 2017.

By 1902 the company had moved to New York City, where it was incorporated. Operations continued uninterrupted until 1919, when it changed ownership, and then, in 1929, manufacturing operations were moved to Richmond, Virginia and closer to the tobacco fields.

Philip Morris made headlines again in 1933 when it integrated its manufacturing operations. This was done more than 30 years ahead of federal regulations and a ground-breaking move for the industry and America. After another multi-decade run of uninterrupted operations, the company began a series of acquisitions that included Miller Brewing, Kraft Foods and General Mills. Those acquisitions led to eventual mergers and spin-offs that resulted in SABMiller and Kraft General Mills.

Altria Group operates through a network of subsidiaries manufacturing and selling smokeable, smokeless and oral tobacco products. Subsidiaries include but not are limited to Philip Morris USA, John Middleton Inc. and U.S. Smokeless Tobacco Company. Brands include Marlboro, Marlboro Lights, Black & Mild, Copenhagen, Skoal, Red Sky and Husky. The company's principal customers are wholesalers and large retailers.

The company maintains a number of strategic partnerships as part of its efforts to shift away from smokeable tobacco. These include a 35% stake in JUUL smokeless tobacco products, a 45% stake in Canadian integrated cannabis company Cronos Group and a near-10% stake in ABInbev. These partnerships are intended to capitalize on smokeless tobacco and the legalization of cannabis at the US federal level.

Altria brought in more than $21 billion in 2021. The company employs more than 6,000 people and has paid more than $6.5 billion in cumulative dividends. The company’s operations help support more than 1,200 US farmers and are sold in over 300,000 US retail establishments. Altria continues to be a leader in workforce quality and has received numerous awards, including a spot on the National Business Consortium’s Best of the Best List for 2022.

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MO Stock News Headlines

March 24, 2023 | marketbeat.com
14 Best Consumer Staples Dividend Stocks (MO)
Consumer staples dividend stocks may have consistent growth and low volatility. Check out the best consumer staples dividend stocks on our list.
March 22, 2023 | marketbeat.com
What is the Consumer Staples Sector? (MO)
The consumer staples sector is a sector that contains products consumers use and which people cannot (or won’t) cut out of their budget. Learn more.
April 1, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
March 22, 2023 | marketbeat.com
What is a Consumer Staples Index Fund? (MO)
Consumer staples products include food, beverages and tobacco, household and personal products. But what is a consumer staples index fund? Learn more.
March 17, 2023 | marketbeat.com
Milk the Dividends on These 3 Cash Cows (MO)
The term ‘cash cow’ refers to a company that has significant market share in a mature industry. These three large cap cows offer ‘utterly’ large yields.
March 3, 2023 | marketbeat.com
What is a Good Dividend Yield? How to Decide (MO)
A stock’s dividend yield is a key metric for investors, so what is a good dividend yield? We’ll explore the answer in this article.
March 2, 2023 | marketbeat.com
3 High-Yield Dividend Stocks That Are Probably Not On Your Radar (MO)
United Microelectronics, Gaming & Leisure Properties Inc. and Banco Santander Mexico may not be well known, but they all pay high dividend yields.
March 31, 2023 | finance.yahoo.com
Altria Lays Out a Transition to Smokeless Products. But It Begins With the Dividend.
April 1, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
March 31, 2023 | msn.com
Altria Pivots Post-Juul: This Week in Cannabis Investing
March 31, 2023 | finance.yahoo.com
Is Philip Morris or Altria the Better Value Stock?
March 31, 2023 | finance.yahoo.com
How Long Can High-Yield Altria Continue to Grow Its Massive Dividend Payment?
March 31, 2023 | finance.yahoo.com
Zacks Industry Outlook Highlights Philip Morris International, Altria Group and Turning Point Brands
March 28, 2023 | marketwatch.com
Altria Group Inc. stock rises Tuesday, outperforms market
March 28, 2023 | americanbankingnews.com
Altria Group, Inc. (NYSE:MO) Given Average Rating of "Hold" by Brokerages
March 28, 2023 | americanbankingnews.com
Analysts Set Altria Group, Inc. (NYSE:MO) Price Target at $46.23
March 27, 2023 | finance.yahoo.com
Altria's (MO) Smoke-Free Products Aid Amid Low Cigarette Volume
March 27, 2023 | finance.yahoo.com
Altria’s CEO Explains Why the Dividend Is Big and Getting Bigger
March 26, 2023 | finance.yahoo.com
Altria makes fresh bet on vaping as it tries to move beyond Juul loss
March 25, 2023 | barrons.com
Altria Believes U.S. Revenue From Smoke-Free Products Could Double
March 24, 2023 | proactiveinvestors.com
Marlboro maker Altria considers cannabis as it ignites growth in smoke-free revenue
March 24, 2023 | msn.com
Juul Is Divested - Altria Now Focuses On Development Efforts For Smoke-Free Products, Updates 2028 Goals
March 24, 2023 | finance.yahoo.com
Marlboro Maker Plots New Path to Smoke-Free Future After Losing Billions on Juul
March 24, 2023 | finance.yahoo.com
Minnesota is trying to prove Juul got teens addicted on vaping in a first-of-its-kind trial
March 24, 2023 | finance.yahoo.com
Altria Believes Smoke-Free Products Could Double Revenue for the Growth Area
March 24, 2023 | msn.com
Unusual Call Option Trade in Altria Group (MO) Worth $1,498.00K
March 24, 2023 | americanbankingnews.com
Altria Group Target of Unusually High Options Trading (NYSE:MO)
See More Headlines
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MO Company Calendar

Ex-Dividend for 1/10 Dividend
12/21/2022
Dividend Payable
1/10/2023
Last Earnings
2/01/2023
Ex-Dividend for 4/28 Dividend
3/23/2023
Today
4/01/2023
Next Earnings (Confirmed)
4/27/2023
Dividend Payable
4/28/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Cigarettes
Sub-Industry
Tobacco
Sector
Consumer Staples
Current Symbol
NYSE:MO
CUSIP
02209S10
CIK
764180
Web
www.altria.com
Phone
(804) 274-2200
Fax
804-484-8231
Employees
6,300
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$45.55
High Stock Price Forecast
$53.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+2.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.19
Trailing P/E Ratio
13.99
Forward P/E Ratio
8.84
P/E Growth
2.2
Net Income
$5.76 billion
Net Margins
22.97%
Pretax Margin
29.44%
Return on Equity
-284.29%
Return on Assets
23.68%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.84
Quick Ratio
0.70

Sales & Book Value

Annual Sales
$25.10 billion
Price / Sales
3.17
Cash Flow
$5.01 per share
Price / Cash Flow
8.90
Book Value
($2.19) per share
Price / Book
-20.37

Miscellaneous

Outstanding Shares
1,785,560,000
Free Float
1,784,314,000
Market Cap
$79.67 billion
Optionable
Optionable
Beta
0.59

Social Links


Key Executives

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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













MO Stock - Frequently Asked Questions

Should I buy or sell Altria Group stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MO, but not buy additional shares or sell existing shares.
View MO analyst ratings or view top-rated stocks.

What is Altria Group's stock price forecast for 2023?

10 Wall Street research analysts have issued twelve-month price objectives for Altria Group's stock. Their MO share price forecasts range from $36.00 to $53.00. On average, they anticipate the company's share price to reach $45.55 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for MO or view top-rated stocks among Wall Street analysts.

How have MO shares performed in 2023?

Altria Group's stock was trading at $45.71 at the beginning of 2023. Since then, MO shares have decreased by 2.4% and is now trading at $44.62.
View the best growth stocks for 2023 here.

When is Altria Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MO earnings forecast.

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

Altria Group will be holding an earnings conference call on Thursday, April 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) released its quarterly earnings results on Wednesday, February, 1st. The company reported $1.18 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.18. The firm earned $5.08 billion during the quarter, compared to analyst estimates of $5.15 billion. Altria Group had a net margin of 22.97% and a negative trailing twelve-month return on equity of 284.29%. The company's quarterly revenue was down 18.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.09 EPS.
Read the conference call transcript.

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

Altria Group declared a quarterly dividend on Wednesday, March 1st. Shareholders of record on Friday, March 24th will be given a dividend of $0.94 per share on Friday, April 28th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date of this dividend is Thursday, March 23rd.
Read our dividend analysis for MO.

What ETFs hold Altria Group's stock?

ETFs with the largest weight of Altria Group (NYSE:MO) stock in their portfolio include Cambria Cannabis ETF (TOKE), WBI Power Factor High Dividend ETF (WBIY), First Trust Morningstar Dividend Leaders Index (FDL), Formidable ETF (FORH), VanEck Durable High Dividend ETF (DURA), ETC 6 Meridian Mega Cap Equity ETF (SIXA), TrueShares Low Volatility Equity Income ETF (DIVZ) and ETC 6 Meridian Hedged Equity Index Option Strategy (SIXH).

Is Altria Group a good dividend stock?

Altria Group (NYSE:MO) pays an annual dividend of $3.76 per share and currently has a dividend yield of 8.45%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 117.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MO will have a dividend payout ratio of 70.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MO.

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

Altria Group issued an update on its FY23 earnings guidance on Thursday, March, 23rd. The company provided earnings per share guidance of $4.98-$5.13 for the period, compared to the consensus estimate of $5.06.

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

15 employees have rated Altria Group Chief Executive Officer Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among the company's employees.

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."

How do I buy shares of Altria Group?

Shares of MO stock 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 $44.62.

How much money does Altria Group make?

Altria Group (NYSE:MO) has a market capitalization of $79.67 billion and generates $20.69 billion in revenue each year. The company earns $5.76 billion in net income (profit) each year or $3.19 on an earnings per share basis.

How many employees does Altria Group have?

The company employs 6,300 workers across the globe.

How can I contact Altria Group?

Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The official website for the company is www.altria.com. The company can be reached via phone at (804) 274-2200 or via fax at 804-484-8231.

This page (NYSE:MO) was last updated on 4/1/2023 by MarketBeat.com Staff