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Altria Group, Inc. (NYSE:MO – Get Rating) – Equities research analysts at Jefferies Financial Group issued their FY2026 earnings per share estimates for Altria Group in a note issued to investors on Thursday, January 19th. Jefferies Financial Group analyst O. Bennett forecasts that the company will earn $6.48 per share for the year. The consensus estimate for Altria Group’s current full-year earnings is $4.84 per share. Jefferies Financial Group also issued estimates for Altria Group’s FY2027 earnings at $6.90 EPS.
Altria Group (NYSE:MO – Get Rating) last announced its earnings results on Thursday, October 27th. The company reported $1.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.03). The firm had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.59 billion. Altria Group had a negative return on equity of 345.98% and a net margin of 18.61%. Altria Group’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter last year, the business posted $1.22 EPS.
Other analysts have also issued reports about the company. Cowen boosted their target price on Altria Group to $47.00 in a research report on Tuesday, November 1st. UBS Group downgraded Altria Group from a “neutral” rating to a “sell” rating and set a $38.00 price objective on the stock. in a research note on Thursday, November 10th. StockNews.com upgraded Altria Group from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $50.00 target price on shares of Altria Group in a report on Monday, October 31st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $46.64.
Altria Group Stock Up 0.3 %
NYSE MO opened at $44.68 on Friday. Altria Group has a twelve month low of $40.35 and a twelve month high of $57.05. The company has a market cap of $80.07 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 2.26 and a beta of 0.62. The business’s fifty day moving average is $45.71 and its 200 day moving average is $44.57.
Hedge Funds Weigh In On Altria Group
A number of hedge funds have recently bought and sold shares of MO. Loomis Sayles & Co. L P purchased a new position in shares of Altria Group in the first quarter valued at approximately $25,000. WFA of San Diego LLC acquired a new stake in shares of Altria Group in the second quarter valued at approximately $26,000. Arlington Partners LLC acquired a new stake in shares of Altria Group in the second quarter valued at approximately $27,000. Aurora Private Wealth Inc. acquired a new stake in shares of Altria Group in the second quarter valued at approximately $38,000. Finally, 1832 Asset Management L.P. acquired a new stake in shares of Altria Group in the first quarter valued at approximately $41,000. Hedge funds and other institutional investors own 58.68% of the company’s stock.
Altria Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 10th. Shareholders of record on Thursday, December 22nd were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, December 21st. This represents a $3.76 dividend on an annualized basis and a yield of 8.42%. Altria Group’s dividend payout ratio is currently 146.30%.
About Altria Group
Altria Group, Inc operates as a holding company, which engages in the manufacture and sale of cigarettes in the United States. It operates through the following segments: Smokeable Products, Oral tobacco products, and Wine. The Smokeable Products segment consists of cigarettes manufactured and sold by PM USA and machine-made large cigars and pipe tobacco manufactured and sold by Middleton.
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