NYSE:MO - Altria Group Stock Price, Forecast & News

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

Altria Group declared a quarterly dividend on Thursday, December 12th. Investors of record on Thursday, December 26th will be paid a dividend of $0.84 per share on Friday, January 10th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date of this dividend is Tuesday, December 24th. View Altria Group's Dividend History.

Altria Group declared that its board has authorized a share buyback program on Tuesday, July 30th 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 1.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Altria Group Inc (NYSE:MO) announced its quarterly earnings data on Thursday, October, 31st. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.04. The firm earned $5.41 billion during the quarter, compared to analyst estimates of $5.34 billion. Altria Group had a return on equity of 56.17% and a net margin of 7.00%. The business's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.08 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Altria Group.

Altria Group will be holding an earnings conference call on Thursday, January 30th 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 issued an update on its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $4.19-4.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.19.

11 brokerages have issued 12 month price targets for Altria Group's shares. Their forecasts range from $48.00 to $68.00. On average, they anticipate Altria Group's stock price to reach $54.86 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Altria Group.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

Media headlines about MO stock have been trending extremely negative on Sunday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Altria Group earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Altria Group.

Some companies that are related to Altria Group include Philip Morris International (PM), British American Tobacco (BTI), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW).

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), NVIDIA (NVDA), Wells Fargo & Co (WFC) and Alibaba Group (BABA).

Altria Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.15%), State of Michigan Retirement System (0.08%), Strs Ohio (0.08%), Commerzbank Aktiengesellschaft FI (0.07%), Wedge Capital Management L L P NC (0.04%) and Janney Montgomery Scott LLC (0.04%). 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 Commerzbank Aktiengesellschaft FI, 6 Meridian, Ferguson Wellman Capital Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Strs Ohio, Zurcher Kantonalbank Zurich Cantonalbank and NEXT Financial Group Inc. 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 purchased by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, State of Michigan Retirement System, Johanson Financial Advisors Inc., Alpine Global Management LLC, Capital Investment Advisors LLC, Merit Financial Group LLC, J.W. Cole Advisors Inc. and CX Institutional. 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 $50.25.

Altria Group has a market capitalization of $93.87 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.