Altria (MO) Stock Breaks 52-Week High - Whatโs Driving the Move?
TLDR
- Altria (MO) hit a new 52-week high of $76.17, last trading at $76.48
- Q1 EPS of $1.32 beat estimates of $1.25; revenue of $4.76B beat expectations by $180M
- Full-year 2026 EPS guidance set at $5.56โ$5.72
- Quarterly dividend of $1.06 per share represents a 5.5% yield
- Consensus analyst rating is โHoldโ with an average price target of $70.78
MO hit a new 52-week high on Tuesday, touching $76.17 before settling around $76.48 โ well above its previous close of $72.89. The stock is up 30.45% year-to-date and has returned 32.55% over the past year.
The move comes after a strong earnings beat last quarter. Altria posted EPS of $1.32 against a consensus estimate of $1.25. Revenue came in at $4.76 billion, up 5.3% year over year, and beat analyst expectations of $4.58 billion.
For full-year 2026, the company guided for EPS of $5.56 to $5.72. Analysts are currently projecting $5.70 for the year.
Dividend Still a Draw
Altria paid a $1.06 quarterly dividend on July 10, representing an annualized payout of $4.24 and a yield of around 5.5%. The company has now maintained its dividend for 56 consecutive years.
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