Altria Group - MO Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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.

11 equities research analysts have issued 12-month price targets for Altria Group's stock. Their MO share price forecasts range from $36.00 to $53.00. On average, they expect the company's stock price to reach $46.23 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for MO or view top-rated stocks among Wall Street analysts.

Altria Group's stock was trading at $45.71 on January 1st, 2023. Since then, MO shares have decreased by 3.8% and is now trading at $43.97.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MO earnings forecast.

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.

Altria Group, Inc. (NYSE:MO) announced its quarterly earnings data on Wednesday, February, 1st. The company reported $1.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.18. The firm had revenue of $5.08 billion for the quarter, compared to the consensus estimate of $5.15 billion. Altria Group had a negative trailing twelve-month return on equity of 284.29% and a net margin of 22.97%. The company's quarterly revenue was down 18.7% on a year-over-year basis. During the same period last year, the company earned $1.09 earnings per share.
Read the conference call transcript.

Altria Group announced 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 annualized dividend and a yield of 8.55%. The ex-dividend date is Thursday, March 23rd.
Read our dividend analysis for MO.

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), VanEck Durable High Dividend ETF (DURA), Formidable ETF (FORH), ETC 6 Meridian Mega Cap Equity ETF (SIXA), ETC 6 Meridian Hedged Equity Index Option Strategy (SIXH) and TrueShares Low Volatility Equity Income ETF (DIVZ).

Altria Group (NYSE:MO) pays an annual dividend of $3.76 per share and currently has a dividend yield of 8.65%. 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.

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

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.

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).

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 institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (2.46%), Geode Capital Management LLC (1.96%), Moneta Group Investment Advisors LLC (1.04%), Morgan Stanley (0.95%), Fayez Sarofim & Co (0.64%) and Arrowstreet Capital Limited Partnership (0.60%).
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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.
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One share of MO stock can currently be purchased for approximately $43.97.

Altria Group (NYSE:MO) has a market capitalization of $78.51 billion and generates $25.10 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.

The company employs 6,300 workers across the globe.

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.