NYSE:PM

Philip Morris International Stock Forecast, Price & News

$76.31

+0.91 (+1.21 %)

(As of 09/28/2020 12:00 AM ET)

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Today's Range

$76.17

Now: $76.31▼

$77.66

50-Day Range

$75.40

MA: $78.91▼

$81.94

52-Week Range

$56.01

Now: $76.31▼

$90.17

Volume3.79 million shs

Average Volume5.48 million shs

Market Capitalization$118.84 billion

P/E Ratio16.31

Dividend Yield6.37%

Beta0.76

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, and smoke-free products and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Marlboro, and HEETS FROM MARLBORO brands, as well as the Marlboro HeatSticks and Parliament HeatSticks brands. 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; Fortune and Jackpot in the Philippines; and Belmont and Canadian Classics in Canada. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. The company was incorporated in 1987 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Philip Morris International has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $93.00, Philip Morris International has a forecasted upside of 21.9% from its current price of $76.31.
Amount of Analyst Coverage
Philip Morris International has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Philip Morris International has received 738 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Philip Morris International has received 1,079 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Philip Morris International has received 59.38% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Philip Morris International and other stocks. Vote “Outperform” if you believe PM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PM will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Philip Morris International is a leading dividend payer. It pays a dividend yield of 6.37%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Philip Morris International has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Philip Morris International is 92.49%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 84.51% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.

1.0 Company Ownership

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 $5,829,750.00 in company stock.
Percentage Held by Insiders
Only 0.22% of the stock of Philip Morris International is held by insiders.
Percentage Held by Institutions
73.98% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Philip Morris International are expected to grow by 12.25% in the coming year, from $5.06 to $5.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Philip Morris International is 16.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Philip Morris International is 16.31, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 48.68.
Price to Earnings Growth Ratio
Philip Morris International has a PEG Ratio of 2.29. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.13 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cigarettes

Sub-IndustryTobacco

SectorConsumer Staples

Current SymbolNYSE:PM

Previous Symbol

CUSIP71817210

CIK1413329

Webwww.pmi.com

Phone917-663-2000

Debt

Debt-to-Equity RatioN/A

Current Ratio1.13

Quick Ratio0.56

Price-To-Earnings

Trailing P/E Ratio16.31

Forward P/E Ratio15.08

P/E Growth2.29

Sales & Book Value

Annual Sales$77.92 billion

Price / Sales1.53

Cash Flow$5.47 per share

Price / Cash Flow13.96

Book Value($6.17) per share

Price / Book-12.37

Profitability

EPS (Most Recent Fiscal Year)$5.19

Net Income$7.19 billion

Net Margins9.54%

Return on Equity-80.24%

Return on Assets19.91%

Miscellaneous

Employees73,500

Outstanding Shares1,557,287,000

Market Cap$118.84 billion

Next Earnings Date10/20/2020 (Confirmed)

OptionableOptionable

$76.31

+0.91 (+1.21 %)

(As of 09/28/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Philip Morris International (NYSE:PM) Frequently Asked Questions

How has Philip Morris International's stock price been impacted by Coronavirus?

Philip Morris International's stock was trading at $79.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PM stock has decreased by 4.4% and is now trading at $76.31.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Philip Morris International?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Philip Morris International.

When is Philip Morris International's next earnings date?

Philip Morris International is scheduled to release its next quarterly earnings announcement on Tuesday, October 20th 2020.
View our earnings forecast for Philip Morris International.

How can I listen to Philip Morris International's earnings call?

Philip Morris International will be holding an earnings conference call on Tuesday, October 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings results on Tuesday, July, 21st. The company reported $1.29 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.10 by $0.19. The company earned $6.65 billion during the quarter, compared to the consensus estimate of $6.54 billion. Philip Morris International had a negative return on equity of 80.24% and a net margin of 9.54%. Philip Morris International's quarterly revenue was down 13.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.46 EPS.
View Philip Morris International's earnings history.

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

Philip Morris International declared a quarterly dividend on Wednesday, September 9th. Shareholders of record on Thursday, September 24th will be paid a dividend of $1.20 per share on Tuesday, October 13th. This represents a $4.80 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a positive change from Philip Morris International's previous quarterly dividend of $1.17.
View Philip Morris International's dividend history.

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

Philip Morris International updated its FY 2020 Pre-Market earnings guidance on Thursday, September, 10th. The company provided EPS guidance of 5.00-5.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.08.

What price target have analysts set for PM?

12 Wall Street analysts have issued 1 year price targets for Philip Morris International's shares. Their forecasts range from $75.00 to $102.00. On average, they expect Philip Morris International's stock price to reach $93.00 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price.
View analysts' price targets for Philip Morris International.

Are investors shorting Philip Morris International?

Philip Morris International saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,130,000 shares, a drop of 15.4% from the August 15th total of 8,430,000 shares. Based on an average daily volume of 4,480,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.5% of the company's stock are short sold.
View Philip Morris International's Short Interest.

Who are some of Philip Morris International's key competitors?

Some companies that are related to Philip Morris International include British American Tobacco (BTI), Altria Group (MO), SWEDISH MATCH A/ADR (SWMAY), Vector Group (VGR), BOTS (BTZI), mCig (MCIG), Electronic Cigarettes International Group (ECIGQ) and White Fox Ventures (AWAW).
View all competitors.

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 Pfizer (PFE).

Who are Philip Morris International's key executives?

Philip Morris International's management team includes the following people:

Mr. André Calantzopoulos, CEO & Director (Age 61)
Mr. Martin Gray King, Chief Financial Officer (Age 55)
Mr. Jacek Olczak, Chief Operating Officer (Age 54)
Mr. Marc S. Firestone, Pres of External Affairs & Gen. Counsel (Age 60)
Mr. Miroslaw Zielinski, Pres of Science & Innovation (Age 58)

What is Philip Morris International's stock symbol?

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

How do I buy shares of Philip Morris International?

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

What is Philip Morris International's stock price today?

One share of PM stock can currently be purchased for approximately $76.31.

How big of a company is Philip Morris International?

Philip Morris International has a market capitalization of $118.84 billion and generates $77.92 billion in revenue each year. The company earns $7.19 billion in net income (profit) each year or $5.19 on an earnings per share basis. Philip Morris International employs 73,500 workers across the globe.

What is Philip Morris International's official website?

The official website for Philip Morris International is www.pmi.com.

How can I contact Philip Morris International?

Philip Morris International's mailing address is 120 PARK AVENUE, NEW YORK NY, 10017. The company can be reached via phone at 917-663-2000.

This page was last updated on 9/29/2020 by MarketBeat.com Staff

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