NYSE:MOAltria Group Stock Price, Forecast & News

Altria Group's stock was trading at $40.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MO shares have decreased by 1.5% and is now trading at $39.87. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 6 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 Tuesday, July 28th 2020. View our earnings forecast for Altria Group.

Altria Group will be holding an earnings conference call on Tuesday, July 28th 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 Inc (NYSE:MO) posted its quarterly earnings data on Thursday, April, 30th. The company reported $1.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.11. The business earned $4.33 billion during the quarter, compared to analyst estimates of $4.51 billion. Altria Group had a negative net margin of 3.33% and a positive return on equity of 84.55%. The business's revenue was up 16.0% compared to the same quarter last year. During the same period last year, the firm earned $0.90 EPS. View Altria Group's earnings history.

Altria Group announced a quarterly dividend on Friday, May 15th. Stockholders of record on Monday, June 15th will be given a dividend of $0.84 per share on Friday, July 10th. This represents a $3.36 annualized dividend and a yield of 8.43%. The ex-dividend date is Friday, June 12th. View Altria Group's dividend history.

Altria Group announced that its Board of Directors has approved a stock 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 typically an indication that the company's leadership believes its stock is undervalued.

16 brokers have issued 1 year price targets for Altria Group's shares. Their forecasts range from $34.00 to $68.00. On average, they expect Altria Group's stock price to reach $50.29 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View analysts' price targets for Altria Group.

Media headlines about MO stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altria Group earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Altria Group.

Altria Group saw a decrease in short interest in June. As of June 15th, there was short interest totaling 12,690,000 shares, a decrease of 21.9% from the May 31st total of 16,250,000 shares. Based on an average trading volume of 12,660,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.7% of the shares of the company 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), SWEDISH MATCH A/ADR (SWMAY), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Altria Group investors own include AT&T (T), Philip Morris International (PM), Coca-Cola (KO), AbbVie (ABBV), Exxon Mobil (XOM), Verizon Communications (VZ), Johnson & Johnson (JNJ), Bank of America (BAC), Pfizer (PFE) and General Electric (GE).

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

Altria Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.02%), OmniStar Financial Group Inc. (0.00%), IBM Retirement Fund (0.00%), Fulton Bank N. A. (0.00%) and Private Trust Co. NA (0.00%). Company insiders that own Altria Group stock include Dinyar S Devitre, Ivan S Feldman, Jody L Begley, 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 Envestnet Asset Management Inc., Fulton Bank N. A., Red Door Wealth Management LLC, Town & Country Bank & Trust CO dba First Bankers Trust CO, TRUE Private Wealth Advisors, First Financial Bank Trust Division, Summit Financial Group Inc., and IBM Retirement Fund. View insider buying and selling activity for Altria Group.

MO stock was purchased by a variety of institutional investors in the last quarter, including OmniStar Financial Group Inc., HNP Capital LLC, E&G Advisors LP, State of Alaska Department of Revenue, Park National Corp OH, Legacy Capital Partners Inc., Pinnacle Bank, and Diversified Trust Co. 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 $39.87.

Altria Group has a market capitalization of $74.09 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.

The official website for Altria Group is 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.