Altria Group (NYSE:MO) Issues FY25 Earnings Guidance

Altria Group (NYSE:MO - Get Free Report) 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 Price Performance

Shares of MO traded up $0.68 during mid-day trading on Friday, reaching $55.01. The stock had a trading volume of 8,732,487 shares, compared to its average volume of 7,314,891. Altria Group has a 52-week low of $39.25 and a 52-week high of $58.03. The business's fifty day moving average is $52.61 and its 200 day moving average is $52.66. The firm has a market cap of $93.22 billion, a price-to-earnings ratio of 8.40, a P/E/G ratio of 2.84 and a beta of 0.64.

Altria Group (NYSE:MO - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $1.29 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%. As a group, sell-side analysts anticipate that Altria Group will post 5.32 EPS for the current fiscal year.

Altria Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 26th were issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date of this dividend was Thursday, December 26th. Altria Group's dividend payout ratio is presently 62.29%.

Analyst Upgrades and Downgrades

MO has been the topic of a number of research reports. StockNews.com upgraded Altria Group from a "hold" rating to a "buy" rating in a research note on Monday, November 4th. Stifel Nicolaus upped their price target on Altria Group from $54.00 to $60.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Morgan Stanley decreased their price target on Altria Group from $54.00 to $53.00 and set an "equal weight" rating on the stock in a research note on Friday, January 31st. Bank of America upgraded Altria Group from a "neutral" rating to a "buy" rating and upped their price target for the stock from $55.00 to $65.00 in a research note on Friday, December 6th. Finally, Barclays upped their price target on Altria Group from $45.00 to $46.00 and gave the stock an "underweight" rating in a research note on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.