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 0.7 %

Shares of MO stock traded up $0.40 during trading on Friday, hitting $54.73. The company had a trading volume of 1,475,878 shares, compared to its average volume of 7,093,186. The stock has a market capitalization of $92.76 billion, a price-to-earnings ratio of 8.36, a price-to-earnings-growth ratio of 2.84 and a beta of 0.64. The stock’s 50-day moving average is $52.61 and its two-hundred day moving average is $52.66. Altria Group has a 52 week low of $39.25 and a 52 week high of $58.03.

Altria Group (NYSE:MO) last issued its earnings results 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%. On average, research analysts predict that Altria Group will post 5.32 EPS for the current fiscal year.

Altria Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 26th were issued a dividend of $1.02 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 7.45%. Altria Group’s dividend payout ratio is presently 62.29%.

Analysts Set New Price Targets

A number of brokerages recently commented on MO. StockNews.com upgraded Altria Group from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their target price on Altria Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Friday, November 1st. Bank of America upgraded Altria Group from a “neutral” rating to a “buy” rating and upped their target price for the company from $55.00 to $65.00 in a report on Friday, December 6th. Morgan Stanley decreased their target price on Altria Group from $54.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Finally, Barclays increased their price objective on Altria Group from $45.00 to $46.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. 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 company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $53.29.

Altria Group Company Profile

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.