Altria Group Inc. (MO): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Murray R. Garnick, Executive Vice President & General Counsel, Announces Decision to Retire.

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Stocks Info

This NYSE-listed company operates within the Tobacco industry segment, falling under the Consumer Defensive sector. At the end of the last regular session, the stock closed at $41.36 and fluctuated between $41.61 as its day high and $40.92 as its day low. The current market capitalization of Altria Group Inc. is $73.15B. A total of 10.14 million shares were traded on the day, compared to an average of 9.25M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, MO has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 2,300 and the disposition of 150 shares. Over the last 12 months, there were 31 BUYs and 15 SELLs from insiders. Insiders purchased 316,377 shares during that period but sold 125,340.

In the most recent transaction, Davis Robert Matthews bought 1,200 shares of MO for 40.50 per share on Nov 06. After the transaction, the Director now owns 8,473 company shares. In a previous transaction on Nov 06, Clarke Ian L.T. bought 1,100 shares at 40.57 per share. MO shares that Director owns now total 7,145.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Altria Group Inc. pays an annual dividend of $3.99, resulting in a dividend yield of 9.66%, and it has a price to earnings (P/E) ratio of 9.06. MO’s most recent ex-dividend date was 12/20/2023 when it declared a $0.98 quarterly dividend that was paid in cash on 1/10/2024. Previously, the company paid the dividend on 10/10/2023 with an ex-dividend date of 9/14/2023. The MO stock dividend was $0.98 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for MO in the last 3 months, the mean price target is $46.66 with high estimates of $73.00 and low estimates of $36.10. In terms of 52-week highs and lows, MO has a high of $48.11 and a low of $39.06.

As of this writing, MO has an earnings estimate of $1.17 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.19 per share and a lower estimate of $1.14. The company reported an EPS of $1.17 in the last quarter, which was -0.80% lower than expectations of $1.18.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 -$1.92, while its Total Shareholder’s Equity was -$1.61B.

Analysts Opinion

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 3.36.

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