S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
NYSE:MO

Altria Group - MO Stock Forecast, Price & News

$44.14
-0.15 (-0.34%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$44.05
$44.55
50-Day Range
$44.01
$47.63
52-Week Range
$40.35
$57.05
Volume
8.92 million shs
Average Volume
6.62 million shs
Market Capitalization
$79.11 billion
P/E Ratio
17.18
Dividend Yield
8.49%
Price Target
$46.91

Altria Group MarketRank™ Forecast

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
6.3% Upside
$46.91 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.15
Upright™ Environmental Score
News Sentiment
0.55mentions of Altria Group in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.55%
From $4.84 to $5.06 Per Share

Overall MarketRank

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

1.77 out of 5 stars

Consumer Staples Sector

114th out of 142 stocks

Cigarettes Industry

5th out of 6 stocks


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.

Receive MO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Altria Group and its competitors with MarketBeat's FREE daily newsletter.

MO Stock News Headlines

Altria Group Stock, Is Time Running Out?
Altria Group is on the wrong side of the social movements ushered in through ESG policies, and we're likely to see continued pressure from lawmakers.
Altria Group Stock, Is Time is Running Out? (MO)
Altria Group is on the wrong side of the social movements ushered in through ESG policies, and we're likely to see continued pressure from lawmakers.
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Altria Group (NYSE:MO) Upgraded to "Buy" at StockNews.com
Altria: Not This Again
13 Cheap DRIP Stocks To Buy Now
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Juul in Deal Talks With Three Tobacco Giants
Juul in deal talks with three tobacco giants - WSJ
Altria: Mispriced For Doom And Gloom
Altria Is Down 20% From Its High. Time to Buy?
Altria Sells Off For All The Wrong Reasons
What the Smartest Investors Know About Altria Stock
The Best Long-Term Investment of My Career
See More Headlines
Receive MO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Altria Group and its competitors with MarketBeat's FREE daily newsletter.

MO Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 1/10 Dividend
12/21/2022
Dividend Payable
1/10/2023
Today
1/28/2023
Next Earnings (Confirmed)
2/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
02209S10
Employees
6,000
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$46.91
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$2.48 billion
Pretax Margin
27.59%

Debt

Sales & Book Value

Annual Sales
$26.01 billion
Cash Flow
$4.75 per share
Book Value
($0.87) per share

Miscellaneous

Outstanding Shares
1,792,170,000
Free Float
1,790,918,000
Market Cap
$79.11 billion
Optionable
Optionable
Beta
0.62

Social Links


Key Executives

  • William F. GiffordWilliam 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













MO Stock - Frequently Asked Questions

Should I buy or sell Altria Group stock right now?

11 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 3 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?

11 equities research analysts have issued 1-year target prices for Altria Group's shares. Their MO share price forecasts range from $36.00 to $57.00. On average, they predict the company's share price to reach $46.91 in the next year. This suggests a possible upside of 6.3% 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 the year. Since then, MO stock has decreased by 3.4% and is now trading at $44.14.
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 Wednesday, February 1st 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 Wednesday, February 1st 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) posted its quarterly earnings results on Wednesday, October, 27th. The company reported $1.22 earnings per share for the quarter, missing analysts' consensus estimates of $1.26 by $0.04. The company had revenue of $5.53 billion for the quarter, compared to analyst estimates of $5.73 billion. Altria Group had a negative trailing twelve-month return on equity of 345.98% and a net margin of 18.61%. Altria Group's quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 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, December 7th. Investors of record on Thursday, December 22nd will be paid a dividend of $0.94 per share on Tuesday, January 10th. This represents a $3.76 annualized dividend and a dividend yield of 8.52%. The ex-dividend date of this dividend is Wednesday, December 21st.
Read our dividend analysis for MO
.

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 8.49%. 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 146.30%. 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 74.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MO.

How will Altria Group's stock buyback program work?

Altria Group announced that its board has authorized a share buyback plan on Thursday, January 28th 2021, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its stock is undervalued.

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

Altria Group updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of $4.81-$4.89 for the period, compared to the consensus estimate of $4.85. The company issued revenue guidance of -.

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."

Who are Altria Group's major shareholders?

Altria Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Railway Pension Investments Ltd (0.13%), New York State Teachers Retirement System (0.12%), Allspring Global Investments Holdings LLC (0.07%), RNC Capital Management LLC (0.06%), Bank Julius Baer & Co. Ltd Zurich (0.06%) and Gateway Investment Advisers LLC (0.05%).
View institutional ownership trends
.

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 $44.14.

How much money does Altria Group make?

Altria Group (NYSE:MO) has a market capitalization of $79.11 billion and generates $26.01 billion in revenue each year. The company earns $2.48 billion in net income (profit) each year or $2.57 on an earnings per share basis.

How many employees does Altria Group have?

The company employs 6,000 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 1/28/2023 by MarketBeat.com Staff