News articles about Altria Group (NYSE:MO) have trended somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Altria Group earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.108456788178 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Altria Group Inc.: Altria to Host Webcast of 2017 Fourth-Quarter and Full-Year Results (twst.com)
- Can Altria's (MO) Focus on Smokeless Products Fuel Growth? (finance.yahoo.com)
- Up 127% on Altria Group, Inc., with More Upside to Come (incomeinvestors.com)
- Notable Tuesday Option Activity: MO, HTZ, SCHW (nasdaq.com)
MO has been the subject of a number of analyst reports. Zacks Investment Research upgraded Altria Group from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a research report on Tuesday, October 31st. Citigroup dropped their price target on Altria Group from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Monday, October 30th. Vetr lowered Altria Group from a “strong-buy” rating to a “buy” rating and set a $71.89 price target for the company. in a research report on Monday, October 30th. Piper Jaffray Companies restated a “buy” rating and issued a $76.00 price target on shares of Altria Group in a research report on Friday, October 27th. Finally, Edward Jones upgraded Altria Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $72.87.
Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $5.10 billion during the quarter, compared to analyst estimates of $5.22 billion. Altria Group had a return on equity of 49.43% and a net margin of 60.37%. The firm’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.82 earnings per share. equities research analysts predict that Altria Group will post 3.28 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Thursday, December 21st were given a $0.66 dividend. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $2.64 annualized dividend and a yield of 3.77%. Altria Group’s payout ratio is 33.00%.
About Altria Group
Altria Group, Inc is a holding company. The Company’s segments include smokeable products, smokeless products and wine. The Company’s subsidiaries include Philip Morris USA Inc (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S.
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