Altria Group (NYSE:MO) Announces Earnings Results, Beats Estimates By $0.01 EPS

Altria Group (NYSE:MO) issued its quarterly earnings results on Thursday. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.28 by $0.01, Zacks reports. Altria Group had a net margin of 42.82% and a negative return on equity of 233.80%. Altria Group updated its FY 2025 guidance to 5.220-5.370 EPS.

Altria Group Trading Down 2.0 %

Shares of NYSE MO opened at $51.59 on Friday. Altria Group has a one year low of $39.25 and a one year high of $58.03. The business has a 50-day moving average price of $53.66 and a two-hundred day moving average price of $52.29. The firm has a market capitalization of $87.44 billion, a PE ratio of 8.72, a PEG ratio of 2.76 and a beta of 0.64.

Altria Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 26th were paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 7.91%. The ex-dividend date was Thursday, December 26th. Altria Group’s dividend payout ratio is currently 68.92%.

Wall Street Analysts Forecast Growth

MO has been the topic of a number of research reports. Citigroup boosted their target price on shares of Altria Group from $44.50 to $48.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th. StockNews.com raised Altria Group from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Stifel Nicolaus increased their price objective on Altria Group from $54.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their target price on Altria Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Morgan Stanley reduced their target price on Altria Group from $54.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday. Two equities 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. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $53.29.

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.