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

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MO shares. The Goldman Sachs Group reissued a “buy” rating and set a $77.00 price objective on shares of Altria Group in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Altria Group from $60.00 to $66.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Bank of America boosted their price target on shares of Altria Group from $72.00 to $73.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Stifel Nicolaus increased their target price on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Wall Street Zen lowered Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Altria Group has a consensus rating of “Hold” and a consensus target price of $70.78.

Altria Group Trading Up 1.2%

MO stock traded up $0.84 during midday trading on Friday, reaching $68.78. 4,431,824 shares of the company’s stock traded hands, compared to its average volume of 9,274,201. Altria Group has a 52-week low of $54.70 and a 52-week high of $77.06. The stock has a market cap of $114.85 billion, a P/E ratio of 14.41, a PEG ratio of 2.70 and a beta of 0.45. The stock’s 50-day moving average is $71.83 and its 200 day moving average is $68.30.

Altria Group (NYSE:MO) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.02). The company had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.35 billion. Altria Group had a net margin of 34.34% and a negative return on equity of 298.69%. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, research analysts expect that Altria Group will post 5.7 EPS for the current fiscal year.

Altria Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were given a $1.06 dividend. 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 payout ratio is currently 89.45%.

Insider Buying and Selling

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of the stock in a transaction dated Tuesday, May 26th. The shares were 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 of the company’s stock, valued at approximately $5,332,700.25. This trade represents a 7.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ellen R. Strahlman sold 2,000 shares of Altria Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total value of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Altria Group

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

• Positive Sentiment: Management highlighted continued growth investments in smoke-free products, including the expansion of On! Plus and distribution of On! nicotine pouches to approximately 120,000 stores. The company also emphasized shareholder returns and its long-standing dividend record. Altria Q2 Earnings Call Highlights Smoke-Free Growth Plans
• Positive Sentiment: Higher cigarette pricing helped offset declining shipment volumes, while adjusted earnings increased from the prior year. The results reinforce Altria’s ability to generate resilient cash flow and maintain pricing power despite pressure on premium cigarette demand. Altria Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Altria narrowed its fiscal 2026 adjusted EPS outlook to $5.61–$5.72, a range that remains broadly aligned with analyst expectations. Investors may view the tighter forecast as improved visibility, although it leaves limited room for an upside surprise. Altria Group Q2 Adjusted Earnings, Revenue Rise; Fiscal 2026 Adjusted EPS Outlook Narrowed
• Negative Sentiment: Second-quarter adjusted EPS of $1.48 missed the $1.50 consensus estimate. Cigarette volumes declined, and weaker oral-tobacco performance—including intensified nicotine-pouch competition—offset some of the benefit from pricing. Inflation and consumer trade-down also pressured Marlboro and other premium brands. Altria Q2 Earnings Miss Estimates, Cigarette Volumes Down

Institutional Investors Weigh In On Altria Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Darwin Wealth Management LLC bought a new position in shares of Altria Group during the 2nd quarter worth $27,000. Miller Capital Partners Inc. purchased a new stake in Altria Group in the fourth quarter worth about $29,000. Quattro Advisors LLC bought a new position in Altria Group during the 4th quarter worth about $33,000. WFA of San Diego LLC bought a new position in Altria Group during the 2nd quarter worth about $39,000. Finally, Gould Capital LLC purchased a new position in Altria Group during the 3rd quarter valued at about $39,000. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Altria Group Company Profile

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.