There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Altria Group Inc. (MO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.05%, to $44.10. The Altria Group Inc. has recorded 498,947 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Altria Seeks Importation Ban of JUUL E-Vapor Products; Files Patent Infringement Actions Against JUUL Labs.
As a NYSE listed company, MO falls under the Consumer Defensive sector while operating within the Tobacco industry segment. At the end of the last regular session, the stock closed at $44.08 and fluctuated between $44.10 as its day high and $43.64 as its day low. The current market capitalization of Altria Group Inc. is $77.59B. A total of 6.83 million shares were traded on the day, compared to an average of 7.34M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 12 SELLs from insiders. Insiders purchased 317,449 shares during that period but sold 101,426.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Altria Group Inc. pays an annual dividend of $3.92, resulting in a dividend yield of 8.89%, and it has a price to earnings (P/E) ratio of 11.58. MO’s most recent ex-dividend date was 9/14/2023 when it declared a $0.98 quarterly dividend that was paid in cash on 10/10/2023. Previously, the company paid the dividend on 7/10/2023 with an ex-dividend date of 6/14/2023. The MO stock dividend was $0.94 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MO in the last 3 months, the mean price target is $49.14 with high estimates of $70.00 and low estimates of $37.00. In terms of 52-week highs and lows, MO has a high of $48.99 and a low of $40.35.
As of this writing, MO has an earnings estimate of $1.3 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.35 per share and a lower estimate of $1.26.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MO’s latest balance sheet shows that the firm has $4.54B in Cash & Short Term Investments as of fiscal 2021. There were $28.04B in debt and $8.58B in liabilities at the time. Its Book Value Per Share was -$2.15, while its Total Shareholder’s Equity was -$1.61B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MO is Buy with a score of 3.44.