Altria Group, Inc. (MO) has reported a year-to-date share price increase of 12.8%, surpassing the S&P 500’s gain of 12.7% and the Zacks Consumer Staples sector’s increase of 6.7%. Recent performance showed Altria closing at $65.08, approximately 15.5% below its 52-week high of $77.06 on July 28, 2026.
For the second quarter of 2026, Altria’s adjusted earnings per share (EPS) rose by 2.8% year-over-year to $1.48, while first-half adjusted EPS increased by 4.9% to $2.80. However, domestic cigarette shipment volumes fell by 3.2% year-over-year, with inventory-adjusted volumes dropping about 4.5%. The oral tobacco sector also experienced a revenue decline of 5.3%, exacerbating challenges in transitioning toward smoke-free products.
Altria’s forward 12-month P/E ratio is 11.24, significantly lower than the industry average of 15.00. The company’s EPS estimates have seen downward revisions, with the 2026 estimate decreasing to $5.67 and the 2027 estimate dropping to $5.84.
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