S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:PM

Philip Morris International - PM Stock Forecast, Price & News

$97.60
-0.40 (-0.41%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$97.07
$97.87
50-Day Range
$89.51
$106.97
52-Week Range
$85.64
$112.48
Volume
2.35 million shs
Average Volume
4.83 million shs
Market Capitalization
$151.30 billion
P/E Ratio
16.77
Dividend Yield
5.12%
Price Target
$110.33

Philip Morris International MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
13.0% Upside
$110.33 Price Target
Short Interest
Healthy
0.47% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.46mentions of Philip Morris International in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.84%
From $5.99 to $5.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Consumer Staples Sector

72nd out of 178 stocks

Cigarettes Industry

4th out of 6 stocks

PM stock logo

About Philip Morris International (NYSE:PM) Stock

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 that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.

Philip Morris International Stock Performance

NYSE:PM traded down $0.40 during trading hours on Friday, hitting $97.60. The company had a trading volume of 2,346,534 shares, compared to its average volume of 4,827,143. Philip Morris International has a 1-year low of $85.64 and a 1-year high of $112.48. The company has a market cap of $151.30 billion, a PE ratio of 16.77, a price-to-earnings-growth ratio of 3.79 and a beta of 0.62. The business has a 50 day moving average of $98.48 and a 200-day moving average of $100.10.

Philip Morris International (NYSE:PM - Get Rating) last announced its earnings results on Thursday, July 21st. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.22. Philip Morris International had a net margin of 11.05% and a negative return on equity of 115.36%. The business had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $6.76 billion. During the same quarter in the prior year, the firm earned $1.57 earnings per share. The business's quarterly revenue was down .1% compared to the same quarter last year. Sell-side analysts expect that Philip Morris International will post 5.99 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 1st were paid a dividend of $1.25 per share. The ex-dividend date was Thursday, June 30th. This represents a $5.00 annualized dividend and a dividend yield of 5.12%. Philip Morris International's dividend payout ratio (DPR) is 85.91%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PM. Bank of America upped their price objective on Philip Morris International from $107.00 to $117.00 in a research report on Sunday, April 24th. StockNews.com raised Philip Morris International from a "hold" rating to a "buy" rating in a research report on Tuesday, July 26th. Morgan Stanley boosted their target price on shares of Philip Morris International from $104.00 to $112.00 and gave the stock an "overweight" rating in a research note on Friday, April 22nd. Finally, Jefferies Financial Group lowered their target price on shares of Philip Morris International from $107.00 to $99.00 in a research note on Tuesday, July 19th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $110.33.

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PM Stock News Headlines

Asian shares mostly higher after further gains on Wall St
Asian shares are mostly higher after another day of gains on Wall Street amid a deluge of news about the economy, interest rates and corporate profits
Stocks end higher as Wall Street's winning week rolls on
Stocks ended higher on Wall Street Thursday, building on their winning week
Wall Street's winning week rolls on, stocks flip early loss
Stocks are ticking higher Thursday and building on their winning week as Wall Street sifts through a deluge of news about the economy, interest rates and corporate profits
Altria Group (NYSE MO): A Contentious High-Yield Dividend Stock (PM)
Altria Group is going thru a legal battle as well as a struggle between the bulls and bears. Some view the chaos as an opportunity, while others are less optimistic.
Companies That Offer the Biggest 401(k) Employer Match
3 Consumer Defensive Stocks for the Value Investor
10 Companies That Just Smashed Earnings Estimates
See More Headlines
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PM Company Calendar

Ex-Dividend for 7/15 Dividend
6/30/2022
Dividend Payable
7/15/2022
Last Earnings
7/21/2022
Today
8/07/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
69,600
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$110.33
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
+13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$9.11 billion
Pretax Margin
14.73%

Debt

Sales & Book Value

Annual Sales
$82.22 billion
Cash Flow
$6.74 per share
Book Value
($4.68) per share

Miscellaneous

Outstanding Shares
1,550,160,000
Free Float
1,548,148,000
Market Cap
$151.30 billion
Optionable
Optionable
Beta
0.62

Social Links


Key Executives

  • Mr. Andre Calantzopoulos (Age 64)
    Exec. Chairman
    Comp: $3.02M
  • Mr. Jacek Olczak (Age 57)
    CEO & Director
    Comp: $5.06M
  • Mr. Emmanuel Babeau (Age 55)
    Chief Financial Officer
    Comp: $3.53M
  • Mr. Frederic de Wilde (Age 55)
    Pres of European Union Region
    Comp: $2.22M
  • Mr. Drago Azinovic (Age 60)
    Pres of Middle East & Africa Region and PMI Duty Free
    Comp: $2.18M
  • Mr. Stefano Volpetti (Age 50)
    Pres of Smoke-Free Products Category & Chief Consumer Officer
    Comp: $2.32M
  • Dr. Jorge Insuasty (Age 63)
    Chief Life Sciences Officer
    Comp: $2.45M
  • Mr. Frank De Rooij (Age 56)
    VP of Treasury & Corp. Fin.
  • Prof. Manuel C. Peitsch
    Chief Science Officer
  • Mr. Michael Voegele (Age 49)
    Chief Digital & Information Officer













PM Stock - Frequently Asked Questions

Should I buy or sell Philip Morris International stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Philip Morris International stock.
View analyst ratings for Philip Morris International
or view top-rated stocks.

What is Philip Morris International's stock price forecast for 2022?

7 equities research analysts have issued 1-year price targets for Philip Morris International's shares. Their PM stock forecasts range from $99.00 to $120.00. On average, they predict Philip Morris International's share price to reach $110.33 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts' price targets for Philip Morris International
or view top-rated stocks among Wall Street analysts.

How has Philip Morris International's stock price performed in 2022?

Philip Morris International's stock was trading at $95.00 at the beginning of 2022. Since then, PM shares have increased by 2.7% and is now trading at $97.60.
View the best growth stocks for 2022 here
.

Are investors shorting Philip Morris International?

Philip Morris International saw a decline in short interest in July. As of July 15th, there was short interest totaling 7,320,000 shares, a decline of 23.0% from the June 30th total of 9,510,000 shares. Based on an average daily trading volume, of 5,430,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.5% of the shares of the stock are short sold.
View Philip Morris International's Short Interest
.

When is Philip Morris International's next earnings date?

Philip Morris International is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our earnings forecast for Philip Morris International
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings data on Thursday, July, 21st. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.22. The business had revenue of $7.83 billion for the quarter, compared to analyst estimates of $6.76 billion. Philip Morris International had a net margin of 11.05% and a negative trailing twelve-month return on equity of 115.36%. Philip Morris International's revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $1.57 earnings per share.
Read Philip Morris International's conference call transcript
.

How often does Philip Morris International pay dividends? What is the dividend yield for Philip Morris International?

Philip Morris International announced a quarterly dividend on Friday, June 17th. Stockholders of record on Friday, July 1st will be paid a dividend of $1.25 per share on Friday, July 15th. This represents a $5.00 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date is Thursday, June 30th.
View Philip Morris International's dividend history
.

Is Philip Morris International a good dividend stock?

Philip Morris International(NYSE:PM) pays an annual dividend of $5.00 per share and currently has a dividend yield of 5.12%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Philip Morris International has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Philip Morris International is 85.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 85.03% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.
View Philip Morris International's dividend history.

How will Philip Morris International's stock buyback program work?

Philip Morris International declared that its board has approved a stock repurchase program on Friday, June 11th 2021, which permits the company to repurchase $7,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 4.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

What guidance has Philip Morris International issued on next quarter's earnings?

Philip Morris International issued an update on its FY 2022 earnings guidance on Friday, July, 29th. The company provided EPS guidance of $5.23-$5.34 for the period, compared to the consensus earnings per share estimate of $5.45. The company issued revenue guidance of -.

What is André Calantzopoulos' approval rating as Philip Morris International's CEO?

695 employees have rated Philip Morris International CEO André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among Philip Morris International's employees.

What other stocks do shareholders of Philip Morris International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Philip Morris International investors own include Altria Group (MO), AT&T (T), AbbVie (ABBV), Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Chevron (CVX) and Bank of America (BAC).

What is Philip Morris International's stock symbol?

Philip Morris International trades on the New York Stock Exchange (NYSE) under the ticker symbol "PM."

Who are Philip Morris International's major shareholders?

Philip Morris International's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gardner Russo & Quinn LLC (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Envestnet Asset Management Inc. (0.20%), abrdn plc (0.16%), Victory Capital Management Inc. (0.13%) and Fort Washington Investment Advisors Inc. OH (0.13%). Company insiders that own Philip Morris International stock include Andre Calantzopoulos, Drago Azinovic, Louis C Camilleri, Marc S Firestone, Marian Salzman, Mario Masseroli, Martin G King, Stacey Kennedy and Wilde Frederic De.
View institutional ownership trends for Philip Morris International
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Philip Morris International's stock price today?

One share of PM stock can currently be purchased for approximately $97.60.

How much money does Philip Morris International make?

Philip Morris International (NYSE:PM) has a market capitalization of $151.30 billion and generates $82.22 billion in revenue each year. The company earns $9.11 billion in net income (profit) each year or $5.82 on an earnings per share basis.

How many employees does Philip Morris International have?

Philip Morris International employs 69,600 workers across the globe.

Does Philip Morris International have any subsidiaries?

The following companies are subsidiares of Philip Morris International: AO "Philip Morris Izhora", Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, Lakson Tobacco Company Limited (Philip Morris International), Latin America and Canada Investments B.V., Limited Liability Company "Philip Morris Sales & Distribution", Limited Liability Company "Philip Morris Sales and Marketing", Massalin Particulares S.R.L., PHILSA Philip Morris Sabanci Sigara ve Tutunculuk Sanayi ve Ticaret A.S., PMFTC Inc., PT Hanjaya Mandala Sampoerna Tbk., PT Philip Morris Indonesia, Papastratos Cigarette Manufacturing Company, Papastratos Cigarettes Manufacturing Company S.A., Philip Morris & Company (UK) Limited, Philip Morris (Pakistan) Limited, Philip Morris Benelux BVBA, Philip Morris Brands Sàrl, Philip Morris Brasil Industria e Comercio Ltda., Philip Morris CR a.s., Philip Morris Exports Sàrl, Philip Morris Finance SA, Philip Morris Finland Ltd, Philip Morris Global Brands Inc., Philip Morris GmbH, Philip Morris Holland Holdings B.V., Philip Morris International Holdings B.V., Philip Morris Investments B.V., Philip Morris Italia S.r.l., Philip Morris Japan Limited, Philip Morris Kazakhstan LLP, Philip Morris Korea Inc., Philip Morris Limited, Philip Morris Manufacturing & Technology Bologna S.p.A., Philip Morris Manufacturing GmbH, Philip Morris Mexico Productos Y Servicios Sociedad de Responsabilidad Limitada de Capital Variable, Philip Morris Mexico Sociedad Anónima de Capital Variable, Philip Morris Misr Limited Liability Company, Philip Morris Operations a.d. Nis, Philip Morris Philippines Manufacturing Inc., Philip Morris Polska Distribution Sp. z.o.o., Philip Morris Polska Spolka Akcyjna, Philip Morris Products S.A., Philip Morris Romania S.R.L., Philip Morris SA Philip Morris Sabanci Pazarlama ve Satis A.S., Philip Morris Trading (Thailand) Company Limited, Productora Tabacalera de Colombia, Rocker Producuction AB, Rothmans LLP, Swedish Match (South Africa), Tabaqueira - Empresa Industrial de Tabacos S.A., and Tabaqueira II S.A..
Read More

When was Philip Morris International founded?

Philip Morris International was founded in 2008.

How can I contact Philip Morris International?

Philip Morris International's mailing address is 120 PARK AVENUE, NEW YORK NY, 10017. The official website for Philip Morris International is www.pmi.com. The company can be reached via phone at (917) 663-2000 or via email at investorrelations@pmi.com.

This page (NYSE:PM) was last updated on 8/7/2022 by MarketBeat.com Staff

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