Altria Group (NYSE:MO) Issues FY 2026 Earnings Guidance

Altria Group (NYSE:MO) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.610-5.720 for the period, compared to the consensus estimate of 5.680. The company issued revenue guidance of -.

Altria Group Stock Up 0.8%

NYSE MO opened at $68.46 on Friday. The company has a market capitalization of $114.32 billion, a price-to-earnings ratio of 14.44, a PEG ratio of 2.45 and a beta of 0.45. The stock has a fifty day simple moving average of $71.72 and a 200 day simple moving average of $68.30. Altria Group has a twelve month low of $54.70 and a twelve month high of $77.06.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.02). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter last year, the business posted $1.44 earnings per share. Altria Group’s revenue was up 1.2% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. Research analysts expect that Altria Group will post 5.7 earnings per share for the current fiscal year.

Altria Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were given a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Monday, June 15th. Altria Group’s dividend payout ratio (DPR) is 89.45%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. UBS Group increased their price objective on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Jefferies Financial Group boosted their price target on Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 27th. The Goldman Sachs Group restated a “buy” rating and issued a $77.00 target price on shares of Altria Group in a report on Thursday, April 30th. BTIG Research began coverage on shares of Altria Group in a research note on Tuesday, July 21st. They issued a “neutral” rating on the stock. Finally, Citigroup boosted their price target on Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Altria Group presently has a consensus rating of “Hold” and an average target price of $70.78.

Insider Buying and Selling at Altria Group

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the transaction, the director owned 73,809 shares in the company, valued at $5,332,700.25. This trade represents a 7.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ellen R. Strahlman sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the sale, the director directly owned 25,102 shares in the company, valued at $1,821,401.12. The trade was a 7.38% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by insiders.

Key Headlines Impacting Altria Group

Here are the key news stories impacting Altria Group this week:

• Positive Sentiment: Altria’s second-quarter adjusted EPS rose from $1.44 to $1.48 year over year, while revenue reached approximately $5.36 billion, slightly above analysts’ expectations. Higher cigarette pricing, particularly for Marlboro, helped offset declining shipment volumes. Altria Group Q2 Adjusted Earnings, Revenue Rise; Fiscal 2026 Adjusted EPS Outlook Narrowed
• Positive Sentiment: The company highlighted expansion of its on! PLUS nicotine pouch brand to roughly 120,000 stores and continued investment in smoke-free products, supporting expectations for long-term category growth. Shareholder returns and resilient cash flow also remain attractive to income-focused investors. Altria Q2 Earnings Call Highlights Smoke-Free Growth Plans
• Neutral Sentiment: Altria narrowed its fiscal 2026 adjusted EPS outlook to $5.61-$5.72, broadly surrounding the analyst consensus of $5.68. The revised range offers some earnings visibility but suggests limited near-term upside without stronger volume or smoke-free growth. Altria Group Q2 Adjusted Earnings, Revenue Rise; Fiscal 2026 Adjusted EPS Outlook Narrowed
• Negative Sentiment: Second-quarter EPS of $1.48 missed the $1.50 consensus estimate. Cigarette volumes weakened as inflation encouraged some consumers to trade down from premium Marlboro products, while softer oral-tobacco sales and intensified nicotine-pouch competition pressured results. Altria Q2 Earnings Miss Estimates, Cigarette Volumes Down
• Negative Sentiment: Levi & Korsinsky announced an investigation into whether Altria accurately described the FDA regulatory status of on! PLUS and the prospects for near-term authorization of additional applications. The inquiry adds potential legal and regulatory overhang to the stock. Altria Group Investigation Notice

Institutional Trading of Altria Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Altria Group by 64.7% in the fourth quarter. Brighton Jones LLC now owns 17,702 shares of the company’s stock valued at $926,000 after purchasing an additional 6,954 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Altria Group by 86.3% in the second quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company’s stock worth $373,000 after acquiring an additional 2,946 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of Altria Group by 6.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company’s stock worth $565,000 after purchasing an additional 618 shares during the period. Safe Harbor Fiduciary LLC purchased a new position in Altria Group in the fourth quarter valued at about $188,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of Altria Group during the fourth quarter valued at about $185,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

About Altria Group

Altria Group, Inc (NYSE: MO) is a U.S.-based consumer goods company whose principal business is the manufacture and sale of tobacco products. Headquartered in Richmond, Virginia, the company’s operations are focused primarily on the U.S. market and include the production, marketing and distribution of cigarettes, smokeless tobacco and cigars. Its flagship cigarette franchise in the United States is sold through its operating subsidiaries and is among the most recognizable cigarette brands in the country.

Altria’s principal operating businesses include Philip Morris USA (cigarettes), U.S.