Altria Group (NYSE:MO) Releases FY25 Earnings Guidance

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

Altria Group Stock Up 1.3 %

Shares of NYSE MO traded up $0.67 during trading on Thursday, reaching $54.01. 1,117,680 shares of the company traded hands, compared to its average volume of 7,083,970. The stock has a market capitalization of $91.54 billion, a PE ratio of 8.23, a P/E/G ratio of 2.81 and a beta of 0.64. The firm has a 50 day simple moving average of $52.62 and a 200-day simple moving average of $52.65. Altria Group has a 52-week low of $39.25 and a 52-week high of $58.03.

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

Altria Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 26th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 7.55%. The ex-dividend date of this dividend was Thursday, December 26th. Altria Group’s payout ratio is 62.29%.

Analysts Set New Price Targets

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