Philip Morris International (NYSE:PM) Updates FY 2025 Earnings Guidance

Key Points

• Philip Morris International provided FY 2025 earnings guidance with an EPS estimate of 7.430-7.560, slightly above the consensus estimate of 7.462.
• The company's most recent quarterly earnings exceeded analysts' expectations, reporting $1.91 EPS compared to a forecast of $1.86.
• Philip Morris declared a quarterly dividend of $1.35, resulting in an annualized dividend yield of 3.3%.

Philip Morris International (NYSE:PM - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 7.430-7.560 for the period, compared to the consensus estimate of 7.462. The company issued revenue guidance of -.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 target price on the stock. Morgan Stanley restated an "overweight" rating and issued a $182.00 price target (up from $156.00) on shares of Philip Morris International in a research report on Thursday, April 24th. JPMorgan Chase & Co. boosted their price target on shares of Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Stifel Nicolaus boosted their price target on shares of Philip Morris International from $168.00 to $186.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Finally, Bank of America boosted their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, Philip Morris International has a consensus rating of "Moderate Buy" and an average target price of $186.27.

Philip Morris International Stock Performance

NYSE:PM traded up $1.16 during trading hours on Tuesday, hitting $164.15. The stock had a trading volume of 2,326,262 shares, compared to its average volume of 6,148,050. Philip Morris International has a one year low of $113.20 and a one year high of $186.69. The company has a market cap of $255.52 billion, a price-to-earnings ratio of 31.20, a P/E/G ratio of 2.37 and a beta of 0.48. The business's 50 day moving average is $177.24 and its 200-day moving average is $162.48.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.05. The company had revenue of $10.14 billion during the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.59 earnings per share. On average, sell-side analysts anticipate that Philip Morris International will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were issued a dividend of $1.35 per share. The ex-dividend date was Friday, June 27th. This represents a $5.40 annualized dividend and a yield of 3.3%. Philip Morris International's dividend payout ratio is presently 102.66%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Philip Morris International stock. Brighton Jones LLC raised its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 31.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,531 shares of the company's stock after acquiring an additional 2,023 shares during the quarter. Brighton Jones LLC's holdings in Philip Morris International were worth $1,027,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 78.63% of the company's stock.

About Philip Morris International

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.