Currently, there are 1.69B common shares owned by the public and among those 1.69B shares have been available to trade.
The company’s stock has a 5-day price change of -1.12% and 4.65% over the past three months. MO shares are trading 1.07% year to date (YTD), with the 12-month market performance up to 31.73% higher. It has a 12-month low price of $39.25 and touched a high of $58.03 over the same period. MO has an average intraday trading volume of 7.82 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.01%, -1.73%, and 5.42% respectively.
Institutional ownership of Altria Group Inc (NYSE: MO) shares accounts for 60.56% of the company’s 1.69B shares outstanding.
It has a market capitalization of $89.57B and a beta (3y monthly) value of 0.68. The stock’s trailing 12-month PE ratio is 8.07, while the earnings-per-share (ttm) stands at $6.55. The company has a PEG of 2.06 and a Quick Ratio of 0.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.26% over the week and 1.82% over the month.
Earnings per share for the fiscal year are expected to increase by 4.24%, and 3.75% over the next financial year.
Looking at the support for the MO, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on January 16, 2025, with the firm’s price target at $54. BofA Securities coverage for the Altria Group Inc (MO) stock in a research note released on December 06, 2024 offered a Buy rating with a price target of $65. Stifel on their part issued Buy rating on April 14, 2023.
