Philip Morris International (PM) Stock Price, News & Analysis

Company Overview

Philip Morris International Inc. (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products. The company holds the international rights to some of the industry’s best-known cigarette brands and has invested heavily in the development and commercialization of its IQOS heated tobacco platform and other next-generation nicotine delivery technologies intended to provide alternatives for adult smokers who would otherwise continue to smoke combustible cigarettes.

Operationally, Philip Morris International sells products in more than 180 markets worldwide and manages a network of manufacturing, marketing and distribution activities to serve diverse regional regulatory and consumer environments. The company engages with regulators, public health stakeholders and commercial partners as it advances its stated strategic priority of transitioning adult smokers to potentially less harmful alternatives while navigating complex legal and policy landscapes in different countries.

Leadership has emphasized the company’s innovation and product-transition strategy; Jacek Olczak was appointed chief executive officer in 2021. PMI continues to prioritize research and development, regulatory science and commercialization efforts as it seeks to expand adoption of non-combustible products and reshape its long-term business profile around smoke-free technologies.

Key Stats

• Today's Range: $168.61 to $170.83
• 50-Day Range: $153.33 to $190.27
• 52-Week Range: $142.11 to $191.30
• Volume: 320,559 shs
• Average Volume: 5.14 million shs
• Market Capitalization: $266.14 billion
• P/E Ratio: 24.01
• Dividend Yield: 3.44%
• Price Target: $192.56
• Consensus Rating: Moderate Buy

Philip Morris International Stock Analysis - MarketRank™

Philip Morris International scored higher than 97% of companies evaluated by MarketBeat, and ranked 4th out of 152 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Philip Morris International has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on no strong buy ratings, 10 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Philip Morris International has a consensus price target of $192.56, representing about 12.8% upside from its current price of $170.78.

Amount of Analyst Coverage

Philip Morris International has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.47%

Earnings Growth

Earnings for Philip Morris International are expected to grow by 9.47% in the coming year, from $8.45 to $9.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Philip Morris International is 23.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Philip Morris International is 23.99, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 26.19.

Price to Earnings Growth Ratio

Philip Morris International has a PEG Ratio of 1.95. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.07% of the float of Philip Morris International has been sold short.

Short Interest Ratio / Days to Cover

Philip Morris International has a short interest ratio ("days to cover") of 3.44, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Philip Morris International has recently decreased by 2.34%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Philip Morris International pays a meaningful dividend of 3.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Philip Morris International has been increasing its dividend for 17 years.

Dividend Coverage

The dividend payout ratio of Philip Morris International is 82.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Philip Morris International will have a dividend payout ratio of 63.57% next year. This indicates that Philip Morris International will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.5 / 5
• News Sentiment: 1.19

News Sentiment

Philip Morris International has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 38 news articles for Philip Morris International this week, compared to 11 articles on an average week.

Search Interest

53 people have searched for PM on MarketBeat in the last 30 days. This is an increase of 89% compared to the previous 30 days.

MarketBeat Follows

36 people have added Philip Morris International to their MarketBeat watchlist in the last 30 days. This is an increase of 620% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Philip Morris International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,712,818.00 in company stock.

Percentage Held by Insiders

0.13% of the stock of Philip Morris International is held by insiders.

Percentage Held by Institutions

78.63% of the stock of Philip Morris International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PM Stock Analysis - Frequently Asked Questions

How have PM shares performed this year?

Philip Morris International's stock was trading at $160.35 at the start of the year. Since then, PM stock has increased by 6.5% and is now trading at $170.7750.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings results on Wednesday, April, 22nd. The company reported $1.96 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.13. The firm's revenue for the quarter was up 9.1% on a year-over-year basis.
Read the conference call transcript.

Does Philip Morris International have any subsidiaries?

The following companies are subsidiaries of Philip Morris International: Productora Tabacalera de Colombia, Swedish Match (South Africa), Rothmans LLP, Lakson Tobacco Company Limited (Philip Morris International), Rocker Producuction AB, Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, and others.

Who are Philip Morris International's major shareholders?

Top institutional shareholders of Philip Morris International include Bank of New York Mellon Corp (0.57%), Sumitomo Mitsui Trust Group Inc. (0.20%), SG Americas Securities LLC (0.13%) and Principal Financial Group Inc. (0.11%). Insiders that own company stock include Jacek Olczak, Andre Calantzopoulos, Emmanuel Babeau, Wilde Frederic De, Werner Barth, Massimo Andolina, Yann Guerin, Lars Dahlgren and Reginaldo Dobrowolski.
View institutional ownership trends.

How do I buy shares of Philip Morris International?

Shares of PM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Philip Morris International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Philip Morris International investors own include Cisco Systems (CSCO), Home Depot (HD), Chevron (CVX), Altria Group (MO), Meta Platforms (META), Bristol Myers Squibb (BMY) and AT&T (T).

Company Calendar

• Record date for 4/13 Dividend: 3/19/2026
• Ex-Dividend for 4/13 Dividend: 3/19/2026
• Dividend Payable: 4/13/2026
• Last Earnings: 4/22/2026
• Today: 5/06/2026
• AGM 2026: 5/06/2026
• Next Earnings (Estimated): 7/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: TOBACCO
• Sub-Industry: Tobacco
• Current Symbol: NYSE:PM
• CIK: 1413329
• Web: www.pmi.com
• Phone: (203) 905-2410
• Fax: N/A
• Employees: 84,900
• Year Founded: 2008

Price Target and Rating

• Average Price Target for Philip Morris International: $192.56
• High Price Target: $210.00
• Low Price Target: $168.00
• Potential Upside/Downside: +12.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.11
• Trailing P/E Ratio: 24.01
• Forward P/E Ratio: 20.21
• P/E Growth: 1.95
• Net Income: $11.35 billion
• Net Margins: 11.61%
• Pretax Margin: 14.91%
• Return on Equity: -142.02%
• Return on Assets: 17.81%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.98
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $93.86 billion
• Price / Sales: 2.84
• Cash Flow: $8.96 per share
• Price / Cash Flow: 19.06
• Book Value: ($4.68) per share
• Price / Book: -36.49

Miscellaneous

• Outstanding Shares: 1,558,560,000
• Free Float: 1,556,533,000
• Market Cap: $266.14 billion
• Optionable: Optionable
• Beta: 0.37