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

Altria Group (NYSE:MO) posted its quarterly earnings data on Thursday. The company reported $1.29 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 Stock Down 2.4 %

Altria Group stock traded down $1.25 during midday trading on Thursday, reaching $51.42. 9,597,949 shares of the stock traded hands, compared to its average volume of 7,471,137. The stock’s fifty day moving average is $53.75 and its 200-day moving average is $52.29. Altria Group has a 12 month low of $39.25 and a 12 month high of $58.03. The stock has a market cap of $87.14 billion, a P/E ratio of 8.68, a PEG ratio of 2.67 and a beta of 0.64.

Altria Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Thursday, December 26th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 7.94%. The ex-dividend date of this dividend was Thursday, December 26th. Altria Group’s payout ratio is presently 68.92%.

Wall Street Analyst Weigh In

MO has been the subject of a number of research reports. Barclays upped their price objective on Altria Group from $45.00 to $46.00 and gave the company an “underweight” rating in a research report on Wednesday, November 6th. Bank of America upgraded Altria Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $55.00 to $65.00 in a research report on Friday, December 6th. Stifel Nicolaus upped their price target on Altria Group from $54.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Citigroup upped their price target on Altria Group from $44.50 to $48.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Finally, Morgan Stanley initiated coverage on Altria Group in a research note on Thursday, January 16th. They issued an “equal weight” rating and a $54.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target 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.