Altria Stock Surges 24% This Year, Outpacing Alphabet

Earnings
โดย 247wallst.com·Read original
Summary · why it matters

Altria shares have jumped 24% this year, far outpacing Alphabet's 13% gain, as the tobacco giant benefits from its 5.5% dividend yield and a track record of 60 dividend increases over 56 years. The company reaffirmed its 2026 full-year adjusted diluted EPS guidance of $5.56 to $5.72, representing 2.5% to 5.5% growth from a 2025 base of $5.42. First-quarter revenue rose 3.2% to $5.43 billion, and reported diluted EPS more than doubled to $1.30. Altria's top brand Marlboro accounts for over 90% of sales, though the company faces ethical concerns as the CDC reports 480,000 American smoking-related deaths annually.

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Altria's stock surged 24% YTD, driven by dividend yield, EPS guidance reaffirmation, and revenue growth

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