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

Altria Group's stock was trading at $40.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MO stock has decreased by 7.8% and is now trading at $37.31. View which stocks have been mosted impacted by Coronavirus.

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." View analyst ratings for Altria Group.

Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Altria Group.

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

Altria Group announced a quarterly dividend on Thursday, February 27th. Shareholders of record on Wednesday, March 25th will be given a dividend of $0.84 per share on Thursday, April 30th. This represents a $3.36 dividend on an annualized basis and a yield of 9.01%. The ex-dividend date of this dividend is Tuesday, March 24th. View Altria Group's dividend history.

Altria Group announced that its Board of Directors has approved a share buyback plan on Tuesday, July 30th 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Altria Group issued an update on 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 EPS estimate of $4.43.

14 equities research analysts have issued 12-month price targets for Altria Group's shares. Their forecasts range from $49.00 to $68.00. On average, they expect Altria Group's share price to reach $55.39 in the next twelve months. This suggests a possible upside of 48.4% from the stock's current price. View analysts' price targets for Altria Group.

Media headlines about MO stock have trended somewhat negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press 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 five, with scores nearest to five being the most favorable. Altria Group earned a daily sentiment score of -1.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View the latest news aboutAltria Group.

Altria Group saw a increase in short interest in March. As of March 13th, there was short interest totaling 15,196,400 shares, an increase of 17.9% from the February 27th total of 12,890,000 shares. Based on an average daily volume of 9,650,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.8% of the company's stock 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), Alibaba Group (BABA) and NVIDIA (NVDA).

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 investors 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 Dinyar S Devitre, Ivan S Feldman, Jody L Begley, Mark Newman, 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 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 activity 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 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 $37.31.

Altria Group has a market capitalization of $69.34 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. 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.