Altria Group (NYSE:MO) Issues FY25 Earnings Guidance

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

Wall Street Analyst Weigh In

Several analysts have commented on the stock. StockNews.com raised shares of Altria Group from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Stifel Nicolaus raised their price objective on Altria Group from $54.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Barclays upped their target price on Altria Group from $45.00 to $46.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th. Bank of America raised shares of Altria Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $55.00 to $65.00 in a research report on Friday, December 6th. Finally, Morgan Stanley decreased their price objective on shares of Altria Group from $54.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $53.29.

Altria Group Stock Performance

Shares of NYSE:MO traded up $0.62 on Wednesday, hitting $53.37. 5,045,842 shares of the company were exchanged, compared to its average volume of 7,219,634. The company’s 50 day moving average price is $52.65 and its two-hundred day moving average price is $52.65. The firm has a market capitalization of $90.45 billion, a price-to-earnings ratio of 8.15, a PEG ratio of 2.83 and a beta of 0.64. Altria Group has a one year low of $39.25 and a one year high of $58.03.

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

Altria Group Announces Dividend

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

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.