Altria Group (NYSE:MO – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.220-5.370 for the period, compared to the consensus estimate of 5.350. The company issued revenue guidance of -.
Analyst Ratings Changes
MO has been the topic of a number of research reports. Bank of America upgraded Altria Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $55.00 to $65.00 in a research report on Friday, December 6th. Morgan Stanley began coverage on Altria Group in a report on Thursday, January 16th. They set an “equal weight” rating and a $54.00 target price on the stock. Citigroup raised their price target on shares of Altria Group from $44.50 to $48.00 and gave the company a “neutral” rating in a report on Tuesday, October 8th. Stifel Nicolaus raised their target price on shares of Altria Group from $54.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Barclays upped their target price on shares of Altria Group from $45.00 to $46.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $53.43.
Check Out Our Latest Analysis on Altria Group
Altria Group Stock Up 0.4 %
Altria Group (NYSE:MO – Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.03. Altria Group had a net margin of 42.82% and a negative return on equity of 233.80%. The company had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $5.33 billion. During the same period in the prior year, the firm earned $1.28 EPS. Altria Group’s quarterly revenue was up 18.6% compared to the same quarter last year. As a group, analysts anticipate that Altria Group will post 5.13 earnings per share for the current fiscal year.
Altria Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 26th were given a $1.02 dividend. The ex-dividend date was Thursday, December 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 7.73%. Altria Group’s payout ratio is 68.92%.
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.
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