Altria Group (MO) Expected to Announce Quarterly Earnings on Tuesday

Altria Group (NYSE:MO - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $1.19 per share and revenue of $4.64 billion for the quarter. Altria Group has set its FY 2025 guidance at 5.220-5.370 EPS.

Altria Group (NYSE:MO - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 expect Altria Group to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Altria Group Price Performance

Shares of Altria Group stock traded down $0.24 on Wednesday, reaching $58.58. 8,941,376 shares of the company were exchanged, compared to its average volume of 8,896,852. The stock's 50 day moving average price is $56.86 and its 200-day moving average price is $54.39. Altria Group has a 1-year low of $42.40 and a 1-year high of $60.18. The company has a market cap of $99.04 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 2.89 and a beta of 0.54.

Altria Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, March 25th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 6.96%. The ex-dividend date is Tuesday, March 25th. Altria Group's dividend payout ratio (DPR) is presently 62.29%.

Institutional Trading of Altria Group

An institutional investor recently raised its position in Altria Group stock. Brighton Jones LLC boosted its position in shares of Altria Group, Inc. (NYSE:MO - Free Report) by 64.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,702 shares of the company's stock after buying an additional 6,954 shares during the period. Brighton Jones LLC's holdings in Altria Group were worth $926,000 as of its most recent SEC filing. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MO. UBS Group raised their price objective on shares of Altria Group from $42.00 to $46.00 and gave the company a "sell" rating in a report on Tuesday, April 1st. Deutsche Bank Aktiengesellschaft set a $60.00 price target on Altria Group in a research note on Tuesday, April 1st. Finally, 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. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Altria Group currently has a consensus rating of "Hold" and an average target price of $54.00.

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.