Altria Group Stock Price, News & Analysis (NYSE:MO)

Altria Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MO."

Altria Group announced a quarterly dividend on Thursday, August 22nd. Shareholders of record on Monday, September 16th will be paid a dividend of $0.84 per share on Thursday, October 10th. This represents a $3.36 annualized dividend and a dividend yield of 7.19%. The ex-dividend date is Friday, September 13th. This is an increase from Altria Group's previous quarterly dividend of $0.80. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has approved a share buyback program on Tuesday, July 30th 2019, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

Altria Group Inc (NYSE:MO) announced its earnings results on Tuesday, July, 30th. The company reported $1.10 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $1.10. The business earned $5.19 billion during the quarter, compared to analysts' expectations of $5.08 billion. Altria Group had a net margin of 25.04% and a return on equity of 51.53%. The firm's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.01 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for Altria Group.

Altria Group will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Altria Group updated its FY 2019 earnings guidance on Wednesday, September, 25th. The company provided earnings per share guidance of $4.19-4.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.18.

14 brokerages have issued 12 month target prices for Altria Group's stock. Their predictions range from $44.00 to $68.00. On average, they expect Altria Group's stock price to reach $55.35 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View Analyst Price Targets for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

Headlines about MO stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altria Group earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Altria Group.

Altria Group saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 14,720,000 shares, a drop of 5.1% from the August 15th total of 15,510,000 shares. Based on an average trading volume of 10,440,000 shares, the short-interest ratio is presently 1.4 days. Approximately 0.8% of the shares of the stock are sold short. View Altria Group's Current Options Chain.

Some companies that are related to Altria Group include Philip Morris International (PM), Vector Group (VGR), Universal (UVV), Alliance One International (AOI) and Lorillard (LO).

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), NVIDIA (NVDA) and JPMorgan Chase & Co. (JPM).

Altria Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Rhumbline Advisers (0.16%), Envestnet Asset Management Inc. (0.11%), Commerzbank Aktiengesellschaft FI (0.11%), Strs Ohio (0.08%), State of New Jersey Common Pension Fund D (0.08%) and State of Michigan Retirement System (0.06%). Company insiders that own Altria Group stock include Brian W Quigley, Craig A Johnson, Dinyar S Devitre, Ivan S Feldman, James E Dillard III, Jody L Begley, Mark Newman, Nabil Y Sakkab, W Hildebrandt Surgner Jr 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 State of New Jersey Common Pension Fund D, State of Alaska Department of Revenue, Robeco Institutional Asset Management B.V., Rockland Trust Co., 6 Meridian, Gateway Investment Advisers LLC, Stephens Inc. AR and CX Institutional. Company insiders that have sold Altria Group company stock in the last year include Ivan S Feldman, Jody L Begley and W Hildebrandt Surgner, Jr. View Insider Buying and Selling for Altria Group.

MO stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Commerzbank Aktiengesellschaft FI, Foundry Partners LLC, Assenagon Asset Management S.A., Strs Ohio, Zurcher Kantonalbank Zurich Cantonalbank, Rhumbline Advisers and Quattro Financial Advisors 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 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 $46.75.

Altria Group has a market capitalization of $87.33 billion and generates $25.36 billion in revenue each year. The company earns $6.96 billion in net income (profit) each year or $3.99 on an earnings per share basis. Altria Group employs 8,300 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.