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 stock has decreased by 6.8% and is now trading at $37.73. 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 5 hold ratings and 11 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, August 4th 2020. View our earnings forecast for Altria Group.

Altria Group Inc (NYSE:MO) released its earnings results on Thursday, April, 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 positive return on equity of 84.55% and a negative net margin of 3.33%. The business's revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.90 EPS. View Altria Group's earnings history.

Altria Group declared a quarterly dividend on Friday, May 15th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.84 per share on Friday, July 10th. This represents a $3.36 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date is Friday, June 12th. View Altria Group's dividend history.

Altria Group announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, July 30th 2019, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

16 brokerages have issued 1-year price objectives for Altria Group's stock. Their forecasts range from $34.00 to $68.00. On average, they expect Altria Group's share price to reach $50.79 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price. View analysts' price targets for Altria Group.

News articles about MO stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altria Group earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutAltria Group.

Altria Group saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 10,930,000 shares, a decline of 9.4% from the April 30th total of 12,060,000 shares. Based on an average daily trading volume, of 13,080,000 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company's shares 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.88%), Capital World Investors (4.45%), State Street Corp (4.31%), Capital Research Global Investors (1.70%), Geode Capital Management LLC (1.41%) and Bank of New York Mellon Corp (1.11%). 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 Massachusetts Financial Services Co. MA, Capital International Investors, Federated Hermes Inc., Capital Research Global Investors, State of Michigan Retirement System, Alliancebernstein L.P., Mackenzie Financial Corp, and Commerzbank Aktiengesellschaft FI. View insider buying and selling activity for Altria Group.

MO stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, State Street Corp, BlackRock Inc., JPMorgan Chase & Co., AJO LP, Two Sigma Advisers LP, London Co. of Virginia, and Swiss National Bank. 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 $37.73.

Altria Group has a market capitalization of $70.12 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.