Altria Group (MO) to Release Earnings on Tuesday

Altria Group (NYSE:MO - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect Altria Group to post earnings of $1.19 per share and revenue of $4.64 billion for the quarter. Altria Group has set its FY 2025 guidance at 5.220-5.370 EPS.

Altria Group (NYSE:MO - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $1.29 EPS for the quarter, topping 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%. On average, analysts expect Altria Group to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Altria Group Stock Down 1.0 %

Shares of MO traded down $0.58 during trading on Friday, reaching $58.14. 2,526,784 shares of the company traded hands, compared to its average volume of 8,804,709. The stock has a market cap of $98.29 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 2.89 and a beta of 0.54. Altria Group has a twelve month low of $42.76 and a twelve month high of $60.18. The stock has a 50-day simple moving average of $57.08 and a 200-day simple moving average of $54.48.

Altria Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, March 25th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date is Tuesday, March 25th. Altria Group's dividend payout ratio is currently 62.29%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Altria Group stock. Brighton Jones LLC grew its holdings in shares of Altria Group, Inc. (NYSE:MO - Free Report) by 64.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,702 shares of the company's stock after purchasing an additional 6,954 shares during the quarter. Brighton Jones LLC's holdings in Altria Group were worth $926,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 57.41% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MO shares. Deutsche Bank Aktiengesellschaft set a $60.00 price target on shares of Altria Group in a research report on Tuesday, April 1st. Citigroup raised their target price on shares of Altria Group from $52.00 to $55.00 and gave the company a "neutral" rating in a research note on Friday. Morgan Stanley decreased their price objective on shares of Altria Group from $54.00 to $53.00 and set an "equal weight" rating for the company in a research report on Friday, January 31st. Finally, UBS Group increased their price target on shares of Altria Group from $42.00 to $46.00 and gave the stock a "sell" rating in a research report on Tuesday, April 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $55.00.

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.