Altria Group Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Altria Group stock.
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Altria Group saw a decline in short interest during the month of August. As of August 13th, there was short interest totaling 11,220,000 shares, a decline of 15.4% from the July 29th total of 13,260,000 shares. Based on an average trading volume of 6,620,000 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the company's stock are sold short.
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Altria Group is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Altria Group.

Altria Group will be holding an earnings conference call on Thursday, October 28th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Altria Group, Inc. (NYSE:MO) posted its quarterly earnings data on Wednesday, July, 28th. The company reported $1.23 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.18 by $0.05. The firm earned $5.61 billion during the quarter, compared to the consensus estimate of $5.36 billion. Altria Group had a trailing twelve-month return on equity of 268.09% and a net margin of 17.22%.
View Altria Group's earnings history.

Altria Group's stock was trading at $40.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MO shares have increased by 20.1% and is now trading at $48.61.
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Altria Group declared a quarterly dividend on Thursday, August 26th. Shareholders of record on Wednesday, September 15th will be paid a dividend of $0.90 per share on Tuesday, October 12th. This represents a $3.60 dividend on an annualized basis and a yield of 7.41%. The ex-dividend date is Tuesday, September 14th. This is a boost from Altria Group's previous quarterly dividend of $0.86.
View Altria Group's dividend history.

Altria Group pays an annual dividend of $3.60 per share and currently has a dividend yield of 7.38%. MO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Altria Group is 82.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Altria Group will have a dividend payout ratio of 74.23% next year. This indicates that Altria Group will be able to sustain or increase its dividend.
View Altria Group's dividend history.

Altria Group declared that its board has approved a stock repurchase plan on Thursday, January 28th 2021, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits 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 leadership believes its shares are undervalued.

Altria Group updated its FY 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share (EPS) guidance of $4.560-$4.620 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.590. The company issued revenue guidance of -.

10 brokers have issued 1-year price objectives for Altria Group's shares. Their forecasts range from $46.00 to $58.00. On average, they expect Altria Group's share price to reach $53.71 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
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15 employees have rated Altria Group CEO Billy Gifford on Glassdoor.com. Billy Gifford has an approval rating of 78% among Altria Group's employees.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Swedish Match AB (publ) (SWMAY), RLX Technology (RLX), Vector Group (VGR), 22nd Century Group (XXII), BOTS (BTZI), White Fox Ventures (AWAW) and Electronic Cigarettes International Group (ECIGQ).
View all of MO's 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), AbbVie (ABBV), The 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.29%), BlackRock Inc. (6.60%), State Street Corp (3.78%), FMR LLC (3.00%), Charles Schwab Investment Management Inc. (1.67%) and Geode Capital Management LLC (1.58%).
View institutional ownership trends for Altria Group.

MO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Independent Franchise Partners LLP, GQG Partners LLC, Bank of New York Mellon Corp, Epoch Investment Partners Inc., GSB Wealth Management LLC, and Cibc World Markets Corp.
View insider buying and selling activity for Altria Group or view top insider-selling stocks.

MO stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., First Trust Advisors LP, Charles Schwab Investment Management Inc., State Street Corp, FMR LLC, Morgan Stanley, Morgan Stanley, and Geode Capital Management LLC.
View insider buying and selling activity for Altria Group or or view top insider-buying stocks.

Shares of MO 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 $48.61.

Altria Group has a market capitalization of $89.64 billion and generates $26.15 billion in revenue each year. The company earns $4.47 billion in net income (profit) each year or $4.36 on an earnings per share basis.

Altria Group employs 7,100 workers across the globe.

Altria Group was founded in 1985.

The official website for Altria Group is www.altria.com.

Altria Group is headquartered at 6601 WEST BROAD STREET, RICHMOND VA, 23230.

Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The company can be reached via phone at (804) 274-2200.