Altria Group (NYSE:MO) Issues 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 Stock Up 1.3 %

NYSE MO traded up $0.67 during trading on Thursday, hitting $54.01. The stock had a trading volume of 1,117,680 shares, compared to its average volume of 7,083,970. The company has a market capitalization of $91.54 billion, a PE ratio of 8.23, a PEG ratio of 2.81 and a beta of 0.64. The firm has a 50 day moving average price of $52.62 and a 200 day moving average price of $52.65. Altria Group has a twelve month low of $39.25 and a twelve month high of $58.03.

Altria Group (NYSE:MO) last released its earnings results on Thursday, January 30th. The company reported $1.29 earnings per share for the quarter, beating 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, sell-side analysts anticipate that Altria Group will post 5.32 earnings per share for the current year.

Altria Group Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently commented on MO. Morgan Stanley lowered their price objective on Altria Group from $54.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday, January 31st. Barclays boosted their price objective on Altria Group from $45.00 to $46.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. StockNews.com upgraded Altria Group from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price target on Altria Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus upped their price objective on Altria Group from $54.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.