Altria’s Resilient Strategy Keeps It a Top Dividend Play in 2025
From Nasdaq: 2025-04-30 07:00:00
Altria Group (NYSE: MO) remains a good buy in 2025 with improving profitability despite declining sales of smokeable products. The company focuses on consumable and smokeless products, with a strong capital return program that includes robust share repurchases and a growing dividend.
The dividend from Altria Group was worth $1.7 billion in Q1, with reliable payouts supported by strong cash flow and share repurchases. While facing some negatives like NJoy impairment, the company’s positive cash flow, solid balance sheet health, and low leverage make it an attractive investment.
Despite revenue decline in Q1, Altria Group saw a 6% per-share earnings growth, beating MarketBeat’s consensus. The company reaffirmed its earnings outlook for 2025, expecting 2% to 5% growth. Analysts and institutions hold a consensus of Hold for the stock, with a price target around $55.
Altria’s stock price is supported by analysts and institutions, with a Hold consensus and price target of $55. The market sentiment is positive, with institutions and retail investors buying the stock. Price action suggests a move towards multi-year highs, with resistance levels near $60 signaling a potential uptrend.
Read more at Nasdaq:: Altria’s Resilient Strategy Keeps It a Top Dividend Play in 2025