Altria Group, Inc, through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste.
Read More…
Industry, Sector and Symbol
Industry Cigarettes
Sub-IndustryTobacco
SectorConsumer Staples
Phone804-274-2200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$25.36 billion
Profitability
Miscellaneous
Employees8,300
Next Earnings Date10/31/2019 (Confirmed)
OptionableOptionable
Altria Group (NYSE:MO) Frequently Asked Questions
What is Altria Group's stock symbol?
Altria Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MO."
How often does Altria Group pay dividends? What is the dividend yield for Altria Group?
Altria Group declared a quarterly dividend on Thursday, August 22nd. Shareholders of record on Monday, September 16th will be given a dividend of $0.84 per share on Thursday, October 10th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date is Friday, September 13th. This is a boost from Altria Group's previous quarterly dividend of $0.80. View Altria Group's Dividend History.
How will Altria Group's stock buyback program work?
Altria Group announced that its Board of Directors has authorized a share buyback program on Tuesday, July 30th 2019, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 1.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.
How were Altria Group's earnings last quarter?
Altria Group Inc (NYSE:MO) announced its earnings results on Tuesday, July, 30th. The company reported $1.10 earnings per share for the quarter, meeting the Zacks' consensus estimate of $1.10. The company had revenue of $5.19 billion for the quarter, compared to analysts' expectations of $5.08 billion. Altria Group had a return on equity of 51.53% and a net margin of 25.04%. The company's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 EPS. View Altria Group's Earnings History.
When is Altria Group's next earnings date?
What guidance has Altria Group issued on next quarter's earnings?
Altria Group updated its FY 2019 earnings guidance on Wednesday, September, 25th. The company provided earnings per share (EPS) guidance of $4.19-4.27 for the period, compared to the Thomson Reuters consensus estimate of $4.18.
What price target have analysts set for MO?
13 brokers have issued 1-year target prices for Altria Group's stock. Their forecasts range from $44.00 to $68.00. On average, they anticipate Altria Group's stock price to reach $55.26 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price. View Analyst Price Targets for Altria Group.
What is the consensus analysts' recommendation for Altria Group?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altria Group.
Has Altria Group been receiving favorable news coverage?
Press coverage about MO stock has trended positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative 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 coverage optimism score of 2.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Altria Group.
Are investors shorting Altria Group?
Altria Group saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 14,720,000 shares, a decline of 5.1% from the August 15th total of 15,510,000 shares. Based on an average daily trading volume, of 10,440,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the company's stock are sold short. View Altria Group's Current Options Chain.
Who are some of Altria Group's key competitors?
What other stocks do shareholders of Altria Group own?
Who are Altria Group's key executives?
Altria Group's management team includes the folowing people:
- Mr. Howard A. Willard III, BA (Hons), MBA, Chairman & CEO (Age 56)
- Mr. William F. Gifford Jr., Vice Chairman & CFO (Age 49)
- Mr. Murray R. Garnick, Exec. VP & Gen. Counsel (Age 59)
- Mr. Charles N. Whitaker, Sr. VP of HR, Compliance & Information Services and Chief Compliance Officer (Age 52)
- Mr. William Stephen Marshall, VP of Investor Relations
Who are Altria Group's major shareholders?
Altria Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.04%), Assenagon Asset Management S.A. (0.02%), Manning & Napier Group LLC (0.02%), State of Alaska Department of Revenue (0.02%), Ferguson Wellman Capital Management Inc. (0.02%) and Pacer Advisors Inc. (0.02%). 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.
Which major investors are selling Altria Group stock?
MO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Rockland Trust Co., Gateway Investment Advisers LLC, CX Institutional, Northwest Bancshares Inc., CIBC Private Wealth Group LLC, City Holding Co. and Northpointe Capital LLC. 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.
Which major investors are buying Altria Group stock?
MO stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Quattro Financial Advisors LLC, Northstar Investment Advisors LLC, Winmill & CO. Inc., Ellenbecker Investment Group, Foster Victor Wealth Advisors LLC, Pacer Advisors Inc. and Viking Fund Management LLC. 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.
How do I buy shares of 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.
What is Altria Group's stock price today?
One share of MO stock can currently be purchased for approximately $43.46.
How big of a company is Altria Group?
Altria Group has a market capitalization of $81.18 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.
What is Altria Group's official website?
How can I contact Altria Group?
Altria Group's mailing address is 6601 WEST BROAD STREET, RICHMOND VA, 23230. The company can be reached via phone at 804-274-2200.
MarketBeat Community Rating for Altria Group (NYSE MO)
MarketBeat's community ratings are surveys of what our community members think about Altria Group and other stocks. Vote "Outperform" if you believe MO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MO will underperform the S&P 500 over the long term. You may vote once every thirty days.
