Currently, there are 1.69B common shares owned by the public and among those 1.68B shares have been available to trade.
The company’s stock has a 5-day price change of 1.73% and 11.13% over the past three months. MO shares are trading 10.21% year to date (YTD), with the 12-month market performance up to 40.22% higher. It has a 12-month low price of $41.10 and touched a high of $60.18 over the same period. MO has an average intraday trading volume of 10.30 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 0.51%, 1.91%, and 8.47% respectively.
Institutional ownership of Altria Group Inc (NYSE: MO) shares accounts for 61.26% of the company’s 1.69B shares outstanding.
It has a market capitalization of $97.18B and a beta (3y monthly) value of 0.63. The stock’s trailing 12-month PE ratio is 8.80, while the earnings-per-share (ttm) stands at $6.55. The company has a PEG of 2.53 and a Quick Ratio of 0.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.91% over the week and 2.63% over the month.
Earnings per share for the fiscal year are expected to increase by 4.00%, and 3.49% over the next financial year.
Morgan Stanley coverage for the Altria Group Inc (MO) stock in a research note released on January 16, 2025 offered a Equal-Weight rating with a price target of $54. BofA Securities was of a view on December 06, 2024 that the stock is Buy, while Citigroup gave the stock Neutral rating on October 08, 2024, issuing a price target of $44.50- $48. UBS on their part issued Sell rating on January 23, 2024.
