Altria Group (NYSE:MO) Releases FY25 Earnings Guidance

Altria Group (NYSE:MO) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $5.22-5.37 for the period, compared to the consensus EPS estimate of $5.34.

Altria Group Price Performance

Shares of Altria Group stock traded up $0.62 during trading hours on Wednesday, hitting $53.37. The company had a trading volume of 6,734,894 shares, compared to its average volume of 7,287,030. The company’s 50-day moving average is $52.65 and its two-hundred day moving average is $52.65. Altria Group has a twelve month low of $39.25 and a twelve month high of $58.03. The company has a market cap of $90.45 billion, a P/E ratio of 8.15, a price-to-earnings-growth ratio of 2.83 and a beta of 0.64.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, January 30th. The company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.01. Altria Group had a negative return on equity of 258.72% and a net margin of 46.90%. Sell-side analysts expect that Altria Group will post 5.32 EPS for the current year.

Altria Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 26th were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 7.65%. The ex-dividend date was Thursday, December 26th. Altria Group’s dividend payout ratio (DPR) is 62.29%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MO. Bank of America upgraded shares of Altria Group from a “neutral” rating to a “buy” rating and raised their target price for the stock from $55.00 to $65.00 in a research report on Friday, December 6th. Stifel Nicolaus boosted their target price on Altria Group from $54.00 to $60.00 and gave the company a “buy” rating in a report on Friday, November 1st. Barclays upped their price objective on shares of Altria Group from $45.00 to $46.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Altria Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, StockNews.com upgraded shares of Altria Group from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Altria Group presently has a consensus rating of “Hold” and an average target price of $53.29.

About Altria Group

Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.