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

Altria Group (NYSE:MO) announced its quarterly earnings data on Thursday. The company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.01, Zacks reports. Altria Group had a negative return on equity of 233.80% and a net margin of 42.82%. 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 12-month low of $39.25 and a 12-month high of $58.03. The company has a market cap of $87.44 billion, a PE ratio of 8.72, a P/E/G ratio of 2.76 and a beta of 0.64. The stock has a 50 day simple moving average of $53.66 and a 200-day simple moving average of $52.29.

Altria Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 26th were issued a dividend of $1.02 per share. The ex-dividend date was Thursday, December 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 7.91%. Altria Group’s dividend payout ratio (DPR) is presently 68.92%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Stifel Nicolaus upped their price target 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 increased their target price on shares of Altria Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Barclays lifted their price target on shares of Altria Group from $45.00 to $46.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Bank of America upgraded shares of Altria Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $55.00 to $65.00 in a research note on Friday, December 6th. Finally, Morgan Stanley decreased their target price on Altria Group from $54.00 to $53.00 and set an “equal weight” rating for the company in a research note on Friday. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price 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.