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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NYSE:PM

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

$95.92
-1.79 (-1.83%)
(As of 09/21/2023 ET)
Compare
Today's Range
$95.41
$97.09
50-Day Range
$93.28
$100.54
52-Week Range
$82.85
$105.62
Volume
3.59 million shs
Average Volume
3.43 million shs
Market Capitalization
$148.90 billion
P/E Ratio
18.55
Dividend Yield
5.30%
Price Target
$110.64

Philip Morris International MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
15.3% Upside
$110.64 Price Target
Short Interest
Healthy
0.40% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.50mentions of Philip Morris International in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.69%
From $6.19 to $6.79 Per Share

Overall MarketRank

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

2.54 out of 5 stars

Consumer Staples Sector

42nd out of 133 stocks

Cigarettes Industry

1st out of 5 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 primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

PM Price History

PM Stock News Headlines

What is the Consumer Staples Sector? (PM)
The consumer staples sector is a sector that contains products consumers use and which people cannot (or won’t) cut out of their budget. Learn more.
What Are Consumer Staples Stocks? (PM)
Consumer staples stocks come from companies that produce in-demand goods and offer investors a safe harbor during inflation. Learn more.
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
PRESS DIGEST- Wall Street Journal - Sept 20
Marlboro Maker Hits Reset on $2 Billion Bet on Medicine
Philip Morris Stock (NYSE:PM) Gets Dividend Hike. Should You Buy?
Philip Morris (PM) Rewards Investors With Dividend Hike
Philip Morris: The Smoke-Free Segment Future Looks Bright
Philip Morris Raises Quarterly Dividend by 2.4% to $1.30
Philip Morris (PM) Stock Moves -0.08%: What You Should Know
Companies Pay More to Borrow in Record Bond Rush
See More Headlines
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PM Company Calendar

Ex-Dividend for 7/11 Dividend
6/22/2023
Dividend Payable
7/11/2023
Last Earnings
7/20/2023
Today
9/21/2023
Ex-Dividend for 10/12 Dividend
9/26/2023
Dividend Payable
10/12/2023
Next Earnings (Confirmed)
10/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
79,800
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$110.64
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$90.00
Forecasted Upside/Downside
+15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$9.05 billion
Pretax Margin
14.90%

Debt

Sales & Book Value

Annual Sales
$80.67 billion
Cash Flow
$6.68 per share
Book Value
($4.07) per share

Miscellaneous

Outstanding Shares
1,552,340,000
Free Float
1,550,327,000
Market Cap
$148.90 billion
Optionable
Optionable
Beta
0.71

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Key Executives

  • Mr. Andre Calantzopoulos (Age 65)
    Exec. Chairman
  • Mr. Jacek OlczakMr. Jacek Olczak (Age 58)
    CEO & Director
    Comp: $6.02M
  • Mr. Emmanuel Babeau (Age 56)
    Chief Financial Officer
    Comp: $3.54M
  • Mr. Frederic de Wilde (Age 56)
    Pres of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region
    Comp: $2.28M
  • Mr. Stefano Volpetti (Age 51)
    Pres of Smoke-Free Inhalable Products & Chief Consumer Officer
    Comp: $2.31M
  • Scott Coutts
    Sr. VP of Operations
  • Mr. Frank De Rooij (Age 57)
    VP of Treasury & Corp. Fin.
  • Prof. Manuel C. Peitsch
    Chief Science Officer
  • Mr. Michael Voegele (Age 50)
    Chief Digital & Information Officer
  • Mr. Nicholas Rolli
    VP of Investor Relations and Financial Communications













PM Stock - Frequently Asked Questions

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PM shares.
View PM analyst ratings
or view top-rated stocks.

What is Philip Morris International's stock price forecast for 2023?

11 equities research analysts have issued twelve-month price targets for Philip Morris International's stock. Their PM share price forecasts range from $90.00 to $120.00. On average, they anticipate the company's share price to reach $110.64 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for PM
or view top-rated stocks among Wall Street analysts.

How have PM shares performed in 2023?

Philip Morris International's stock was trading at $101.21 on January 1st, 2023. Since then, PM stock has decreased by 5.2% and is now trading at $95.92.
View the best growth stocks for 2023 here
.

When is Philip Morris International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our PM earnings forecast
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) announced its earnings results on Thursday, July, 20th. The company reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.10. The firm had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $8.76 billion. Philip Morris International had a negative trailing twelve-month return on equity of 127.84% and a net margin of 11.63%. The business's quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.48 EPS.
Read the 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 Wednesday, September 13th. Stockholders of record on Wednesday, September 27th will be paid a dividend of $1.30 per share on Thursday, October 12th. This represents a $5.20 annualized dividend and a dividend yield of 5.42%. The ex-dividend date is Tuesday, September 26th. This is a boost from the stock's previous quarterly dividend of $1.27.
Read our dividend analysis for PM
.

Is Philip Morris International a good dividend stock?

Philip Morris International (NYSE:PM) pays an annual dividend of $5.08 per share and currently has a dividend yield of 5.22%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 98.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PM will have a dividend payout ratio of 74.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PM.

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

Philip Morris International issued an update on its FY23 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of $6.13-$6.22 for the period, compared to the consensus EPS estimate of $6.24.

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

695 employees have rated Philip Morris International Chief Executive Officer André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among the company'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 Capital World Investors (7.48%), Capital International Investors (6.85%), BlackRock Inc. (6.15%), State Street Corp (3.77%), Capital Research Global Investors (3.32%) and Geode Capital Management LLC (1.84%). Insiders that own company stock include Andre Calantzopoulos, Drago Azinovic, Marian Salzman, Mario Masseroli, Martin G King, Stacey Kennedy, Werner Barth and Wilde Frederic De.
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 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 $95.92.

How much money does Philip Morris International make?

Philip Morris International (NYSE:PM) has a market capitalization of $148.90 billion and generates $80.67 billion in revenue each year. The company earns $9.05 billion in net income (profit) each year or $5.17 on an earnings per share basis.

How many employees does Philip Morris International have?

The company employs 79,800 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
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 the company is www.pmi.com. The company can be reached via phone at (203) 905-2410 or via email at investorrelations@pmi.com.

This page (NYSE:PM) was last updated on 9/22/2023 by MarketBeat.com Staff

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