Altria Group Stock Price, News & Analysis (NYSE:MO)

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

Altria Group announced a quarterly dividend on Thursday, August 22nd. Shareholders of record on Monday, September 16th will be paid a dividend of $0.84 per share on Thursday, October 10th. This represents a $3.36 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from Altria Group's previous quarterly dividend of $0.80. View Altria Group's Dividend History.

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

Altria Group Inc (NYSE:MO) issued its quarterly earnings results on Tuesday, July, 30th. The company reported $1.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.10. The company had revenue of $5.19 billion for the quarter, compared to analyst estimates of $5.08 billion. Altria Group had a return on equity of 51.53% and a net margin of 25.04%. The business's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.01 earnings per share. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for Altria Group.

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.

13 analysts have issued 1-year target prices for Altria Group's shares. Their forecasts range from $44.00 to $71.00. On average, they expect Altria Group's share price to reach $56.26 in the next year. This suggests a possible upside of 32.0% from the stock's current price. View Analyst Price Targets 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.

News headlines about MO stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Altria Group earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Altria Group.

Altria Group saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 14,720,000 shares, a drop of 5.1% from the August 15th total of 15,510,000 shares. Based on an average daily volume of 10,440,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the company's shares are short sold. View Altria Group's Current Options Chain.

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), Philip Morris International (PM), Verizon Communications (VZ), The Coca-Cola (KO), AbbVie (ABBV), Bank of America (BAC), Johnson & Johnson (JNJ), Exxon Mobil (XOM), General Electric (GE) and Ford Motor (F).

Altria Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.02%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.02%), TIAA FSB (0.01%), Hennessy Advisors Inc. (0.01%) and Viking Fund Management LLC (0.01%). 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 State of Alaska Department of Revenue, Rockland Trust Co., CX Institutional, Northwest Bancshares Inc., Manning & Napier Group LLC, HNP Capital LLC, Fulton Bank N.A. and Murphy Capital Management 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 Quattro Financial Advisors LLC, Northstar Investment Advisors LLC, Ellenbecker Investment Group, Foster Victor Wealth Advisors LLC, Pacer Advisors Inc., Viking Fund Management LLC, Townsend & Associates Inc and Bath Savings Trust Co. 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 $42.63.

Altria Group has a market capitalization of $79.64 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.