Altria Group (NYSE:MO) Updates FY 2025 Earnings Guidance

Key Points

• Altria Group updated its FY 2025 earnings guidance, expecting earnings per share to be in the range of 5.350-5.450, slightly below the consensus estimate of 5.392.
• The stock has received mixed ratings from analysts, with a current average rating of "Hold" and a consensus target price of $56.75.
• Altria recently announced a quarterly dividend of $1.02 per share, reflecting an annualized dividend yield of 6.87%.

Altria Group (NYSE:MO - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 5.350-5.450 for the period, compared to the consensus EPS estimate of 5.392. The company issued revenue guidance of -.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. UBS Group upgraded shares of Altria Group from a "sell" rating to a "neutral" rating and lifted their price objective for the company from $47.00 to $59.00 in a research report on Wednesday, July 2nd. 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, April 25th. Stifel Nicolaus lifted their price objective on shares of Altria Group from $63.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday. Wall Street Zen cut shares of Altria Group from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. Finally, Barclays lifted their price objective on shares of Altria Group from $46.00 to $49.00 and gave the stock an "underweight" rating in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $58.13.

Altria Group Stock Up 0.6%

Shares of Altria Group stock traded up $0.35 during trading on Friday, hitting $62.29. The stock had a trading volume of 1,101,378 shares, compared to its average volume of 9,230,050. The stock has a 50 day simple moving average of $59.34 and a 200 day simple moving average of $57.31. The company has a market capitalization of $104.92 billion, a PE ratio of 12.04, a P/E/G ratio of 3.52 and a beta of 0.59. Altria Group has a 1 year low of $48.86 and a 1 year high of $62.58.

Altria Group (NYSE:MO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.07. Altria Group had a net margin of 37.24% and a negative return on equity of 295.26%. The firm had revenue of $5.29 billion for the quarter, compared to the consensus estimate of $5.21 billion. During the same period in the previous year, the firm posted $1.31 earnings per share. The firm's revenue was up .2% on a year-over-year basis. As a group, equities analysts expect that Altria Group will post 5.32 earnings per share for the current fiscal year.

Altria Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Monday, June 16th were given a $1.02 dividend. The ex-dividend date was Monday, June 16th. This represents a $4.08 dividend on an annualized basis and a yield of 6.6%. Altria Group's dividend payout ratio is presently 68.34%.

Institutional Investors Weigh In On Altria Group

An institutional investor recently raised its position in Altria Group stock. Brighton Jones LLC boosted its stake in Altria Group, Inc. (NYSE:MO - Free Report) by 64.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,702 shares of the company's stock after buying 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 quarter. 57.41% of the stock is owned by hedge funds and other institutional investors.

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.