Altria Group Inc Reports Earnings Growth
Altria Group Inc has reported an increase in earnings for the recent quarter, with earnings per share rising 8%. This growth is reflected in the company’s stock price, which has gained 5.46% over the past month and 17.75% so far in 2025.
Key Drivers of Growth
- Strong dividend yield of 6.60%
- 59th consecutive increase in dividend distribution
- Resilient operations, as cited by analysts
Analyst Outlook
Analysts have raised their price target for the stock to $64, citing the company’s resilient operations. The company’s outlook has also been upgraded, with a stronger-than-expected performance in the second quarter.
Stock Performance
- Stock price has reached a 6-year high
- Some analysts predict the stock could see its highest close since 2018