Altria Group (MO 0.52%) has long been a dividend darling that attracts investors looking for a high yield. The company has raised its dividend every year since 2009, and the stock currently sports a forward dividend yield of 7%.
Shares of Altria Group Inc. ( NYSE: MO ) have outperformed the broad market over the past month, posting a gain of 3.94% compared to the S&P 500's gain of just 0.13%.
There's seemingly never a dull moment in the stock market, and this year has been no different. Virtually all major indexes have experienced high volatility, major tech stocks are slumping, new tariffs threaten to throw off supply chains, and recession chances are seemingly increasing by the day.
Altria's Q1 results reflect increased earnings on higher operating income. Management expects earnings growth in 2025.
Known in some circles, including this one, as the mighty MO, tobacco company Altria Group Inc.
There are many paths to a profit on Wall Street, but one strategy that has proved more effective than all others is buying dividend growth stocks.
The updates provided in MO's FQ1 earnings report reflected some profit pressures and growth headwinds ahead. Sales of smokeable products declined significantly, as MO's pricing power was not sufficient to completely offset the volume decrease. Oral tobacco products showed slight growth YoY, with the "on!" franchise seeing an 18% shipment volume increase.
Altria Group, Inc. (NYSE:MO ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Mac Livingston - Vice President of Investor Relations William Gifford - Chief Executive Officer Sal Mancuso - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Smith - Stifel Financial Corp Gaurav Jain - Barclays Bonnie Herzog - Goldman Sachs Group, Inc. Faham Baig - UBS Emma Rumney - Reuters Operator Good day, and welcome to the Altria Group 2025 First Quarter Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Altria's management and a question-and-answer session.
The headline numbers for Altria (MO) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Altria (MO) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.15 per share a year ago.
Sales of cigarettes and other tobacco products could tumble if consumers cut down on nonessential spending.
Altria Group (MO -0.71%) makes and sells Marlboro cigarettes. Philip Morris International (PM 0.06%) makes and sells Marlboro cigarettes.