Altria Group (NYSE:MO) Issues FY25 Earnings Guidance

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MO shares. Barclays upped their price objective on Altria Group from $45.00 to $46.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on Altria Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Stifel Nicolaus raised their target price on shares of Altria Group from $54.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Bank of America raised Altria Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $55.00 to $65.00 in a research note on Friday, December 6th. Finally, Morgan Stanley cut their target price on Altria Group from $54.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $53.29.

Altria Group Stock Up 1.2 %

Shares of MO traded up $0.62 during mid-day trading on Wednesday, reaching $53.37. The company’s stock had a trading volume of 5,045,842 shares, compared to its average volume of 7,219,634. Altria Group has a 1 year low of $39.25 and a 1 year high of $58.03. The company has a market cap of $90.45 billion, a price-to-earnings ratio of 8.15, a price-to-earnings-growth ratio of 2.83 and a beta of 0.64. The business has a fifty day moving average of $52.65 and a 200 day moving average of $52.65.

Altria Group (NYSE:MO) last announced 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%. On average, analysts predict 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. Investors 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 yield of 7.65%. The ex-dividend date was Thursday, December 26th. Altria Group’s payout ratio is presently 62.29%.

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.