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. Shareholders 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 yield of 7.44%. The ex-dividend date is Tuesday, December 24th. View Altria Group's Dividend History.

Altria Group announced that its Board of Directors has initiated a share buyback program on Tuesday, July 30th 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 1.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

Altria Group Inc (NYSE:MO) issued its quarterly earnings data on Thursday, January, 30th. The company reported $1.02 earnings per share for the quarter, hitting the Zacks' consensus estimate of $1.02. The business had revenue of $4.80 billion for the quarter, compared to analysts' expectations of $4.89 billion. The firm's revenue was up .3% on a year-over-year basis. During the same quarter last year, the company posted $0.95 EPS. View Altria Group's Earnings History.

Altria Group is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Altria Group.

Altria Group updated its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share (EPS) guidance of $4.39-4.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.43.

14 analysts have issued 1 year price objectives for Altria Group's stock. Their forecasts range from $48.00 to $68.00. On average, they expect Altria Group's share price to reach $55.19 in the next year. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for Altria Group.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altria Group in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altria Group.

Press coverage about MO stock has trended negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of 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 five, with scores closest to five being the most favorable. Altria Group earned a news impact score of -2.3 on InfoTrie's scale. They also assigned headlines 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 stock's share price in the near term. View News Stories for Altria Group.

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 retail and institutional investors. Top institutional shareholders include FMR LLC (4.25%), State Street Corp (4.08%), Bank of New York Mellon Corp (1.10%), Charles Schwab Investment Management Inc. (0.82%), Franklin Resources Inc. (0.41%) and American International Group Inc. (0.40%). Company insiders that own Altria Group stock include Brian W Quigley, Dinyar S Devitre, Ivan S Feldman, 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 Renaissance Technologies LLC, AQR Capital Management LLC, State Street Corp, Eagle Asset Management Inc., Gardner Russo & Gardner LLC, Great West Life Assurance Co. Can, Envestnet Asset Management Inc. and Barrow Hanley Mewhinney & Strauss 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.

MO stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Sculptor Capital LP, Eaton Vance Management, American International Group Inc., Lido Advisors LLC, Van ECK Associates Corp, Toronto Dominion Bank and Coho Partners Ltd.. 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 $45.17.