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TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs

Altria Group - MO Stock Forecast, Price & News

$46.50
-0.06 (-0.13%)
(As of 02/8/2023 12:00 AM ET)
Add
Compare
Today's Range
$46.24
$46.56
50-Day Range
$44.01
$47.63
52-Week Range
$40.35
$57.05
Volume
5.69 million shs
Average Volume
7.86 million shs
Market Capitalization
$83.34 billion
P/E Ratio
14.58
Dividend Yield
8.01%
Price Target
$47.13

Altria Group MarketRank™ Forecast

Analyst Rating
Hold
2.08 Rating Score
Upside/​Downside
1.3% Upside
$47.13 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
0.31mentions of Altria Group in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.93%
From $5.06 to $5.36 Per Share

Overall MarketRank

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

1.88 out of 5 stars

Consumer Staples Sector

95th out of 137 stocks

Cigarettes Industry

4th out of 5 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.

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MO Stock News Headlines

Altria is a Great Recession Stock, Long-Term Outlook Uncertain
As investors look to wait out a recession, Altria's dividend makes the stock a compelling option. But there are reasons for caution with MO stock
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.
Biden Likely HATES This Video
Biden just signed an order that wages WAR on every American Patriot. It’s an order that could make it 100% legal for the government to track your every move… That’s why Biden would HATE this video. Inside, it explains – in detail – how to beat back the government…
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.
Now Could Be the Time to Lock in This 7.9% Dividend Yield
7 big stock buybacks: Meta, UPS
Altria Is Down 15% From Its 52 Week High. Time to Buy?
Where Will Altria Stock Be in 1 Year?
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Analysts Set Altria Group, Inc. (NYSE:MO) PT at $46.91
Altria stock gets boost following $1 billion buyback plan
Altria Buyback: Cherry On Top
Altria Group (MO) Set to Announce Earnings on Wednesday
Altria: Not This Again
13 Cheap DRIP Stocks To Buy Now
See More Headlines
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MO Company Calendar

Ex-Dividend for 1/10 Dividend
12/21/2022
Dividend Payable
1/10/2023
Last Earnings
2/01/2023
Today
2/08/2023
Next Earnings (Estimated)
4/27/2023
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
$47.13
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
12 Analysts

Profitability

Net Income
$5.76 billion
Pretax Margin
29.44%

Debt

Sales & Book Value

Annual Sales
$20.69 billion
Cash Flow
$4.87 per share
Book Value
($2.22) per share

Miscellaneous

Outstanding Shares
1,792,173,000
Free Float
1,790,918,000
Market Cap
$83.34 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?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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?

12 equities research analysts have issued 12-month target prices for Altria Group's shares. Their MO share price forecasts range from $36.00 to $57.00. On average, they anticipate the company's share price to reach $47.13 in the next year. This suggests a possible upside of 1.3% 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 start of the year. Since then, MO stock has increased by 1.7% and is now trading at $46.50.
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 Thursday, April 27th 2023.
View our MO earnings forecast
.

How were Altria Group's earnings last quarter?

Altria Group, Inc. (NYSE:MO) released its earnings results on Wednesday, February, 1st. The company reported $1.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.18. The company earned $5.08 billion during the quarter, compared to analysts' expectations of $5.15 billion. Altria Group had a negative trailing twelve-month return on equity of 283.14% and a net margin of 22.97%. Altria Group's revenue for the quarter was down 18.7% on a year-over-year basis. During the same quarter last year, the company earned $1.09 EPS.
Read the conference call transcript
.

How often does Altria Group pay dividends? What is the dividend yield for Altria Group?

Altria Group announced 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 yield of 8.09%. The ex-dividend date 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 8.01%. 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 70.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MO.

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

Altria Group issued an update on its FY 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of $4.98-$5.13 for the period, compared to the consensus EPS estimate of $5.05. 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 variety of institutional and retail investors. Top institutional shareholders include Swiss National Bank (0.41%), Pacer Advisors Inc. (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Edmp Inc. (0.23%), New York State Common Retirement Fund (0.19%) and Envestnet Asset Management Inc. (0.15%).
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 $46.50.

How much money does Altria Group make?

Altria Group (NYSE:MO) has a market capitalization of $83.34 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.

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 2/9/2023 by MarketBeat.com Staff