Altria Group (NYSE:MO) Releases Quarterly Earnings Results

Altria Group (NYSE:MO) issued its quarterly earnings results on Thursday. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Price Performance

Shares of MO stock traded down $1.52 during mid-day trading on Thursday, hitting $51.14. The stock had a trading volume of 8,232,433 shares, compared to its average volume of 7,327,223. The firm has a market capitalization of $86.67 billion, a P/E ratio of 8.63, a price-to-earnings-growth ratio of 2.67 and a beta of 0.64. Altria Group has a 12-month low of $39.25 and a 12-month high of $58.03. The firm’s 50-day moving average is $53.75 and its two-hundred day moving average is $52.29.

Altria Group Announces Dividend

The business also recently declared 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 7.98%. The ex-dividend date was Thursday, December 26th. Altria Group’s dividend payout ratio is presently 68.92%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on MO shares. Barclays lifted their price objective on Altria Group from $45.00 to $46.00 and gave the stock an “underweight” rating in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on Altria Group from $52.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Stifel Nicolaus lifted 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. Bank of America upgraded shares of Altria Group from a “neutral” rating to a “buy” rating and upped their target price for the stock from $55.00 to $65.00 in a research note on Friday, December 6th. Finally, Citigroup boosted their price objective 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. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Altria Group presently has a consensus rating of “Hold” and a consensus target price of $53.43.

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.