S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
NYSE:PM

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

$90.18
-0.24 (-0.27%)
(As of 02/27/2024 ET)
Today's Range
$89.90
$90.69
50-Day Range
$88.98
$96.29
52-Week Range
$87.23
$101.92
Volume
4.50 million shs
Average Volume
5.01 million shs
Market Capitalization
$140.00 billion
P/E Ratio
17.96
Dividend Yield
5.77%
Price Target
$105.40

Philip Morris International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
16.9% Upside
$105.40 Price Target
Short Interest
Healthy
0.43% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.54mentions of Philip Morris International in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$942,500 Sold Last Quarter
Proj. Earnings Growth
9.86%
From $6.39 to $7.02 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.52 out of 5 stars

Consumer Staples Sector

22nd out of 130 stocks

Cigarettes Industry

1st out of 5 stocks


PM stock logo

About Philip Morris International Stock (NYSE:PM)

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 Stock Price History

PM Stock News Headlines

Philip Morris: Transition to Smoke-Free Future Spurs Buy Rating
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
10 Cigarette Brands With The Least Chemicals in the World
Nicotine Pouches Take Off—and Land in the Culture Wars
7 High-Yield Dividend Leaders to Unlock Superior Returns
See More Headlines
Receive PM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Philip Morris International and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 1/10 Dividend
12/20/2023
Dividend Payable
1/10/2024
Last Earnings
2/08/2024
Today
2/27/2024
Next Earnings (Estimated)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
82,700
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$105.40
High Stock Price Target
$117.00
Low Stock Price Target
$86.50
Potential Upside/Downside
+16.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$7.81 billion
Pretax Margin
29.71%

Debt

Sales & Book Value

Annual Sales
$84.58 billion
Cash Flow
$7.25 per share
Book Value
($6.08) per share

Miscellaneous

Outstanding Shares
1,552,460,000
Free Float
1,550,128,000
Market Cap
$140.00 billion
Optionable
Optionable
Beta
0.63

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. Andre Calantzopoulos (Age 66)
    Executive Chairman of the Board
  • Mr. Jacek OlczakMr. Jacek Olczak (Age 59)
    CEO & Director
    Comp: $6.02M
  • Mr. Emmanuel Babeau (Age 57)
    Chief Financial Officer
    Comp: $3.54M
  • Mr. Frederic de Wilde (Age 57)
    President of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region
    Comp: $2.28M
  • Mr. Stefano Volpetti (Age 52)
    President of Smoke-Free Inhalable Products & Chief Consumer Officer
    Comp: $2.31M
  • Mr. Scott Coutts
    Senior Vice President of Operations
  • Mr. Frank De Rooij (Age 58)
    Vice President of Treasury & Corporate Finance
  • Mr. Michael Voegele (Age 51)
    Chief Digital & Information Officer
  • Mr. James R. Bushnell
    Vice President of Investor Relations & Financial Communications
  • Ms. Suzanne Rich Folsom (Age 63)
    Senior VP & General Counsel

Should I Buy Philip Morris International Stock? PM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Philip Morris International was last updated on Wednesday, February 21, 2024 at 1:35 PM.

Pros

Here are some ways that investors could benefit from investing in Philip Morris International Inc.:

  • Philip Morris International Inc. has a market capitalization of $138.35 billion, indicating a strong presence in the market.
  • The company's stock price has shown resilience, trading at $89.12 with a 12-month high of $103.79, suggesting potential for growth.
  • Philip Morris International Inc. has a dividend payment history, providing investors with a potential income stream.
  • Recent institutional investments in the company, such as Managed Asset Portfolios LLC and Bryn Mawr Capital Management LLC, indicate confidence from financial experts.
  • Analysts have given the stock various ratings, with some maintaining a buy rating, suggesting positive sentiment towards the company's future performance.

Cons

Investors should be bearish about investing in Philip Morris International Inc. for these reasons:

  • Philip Morris International Inc. reported a negative return on equity of 116.29%, indicating potential financial challenges.
  • The company's recent quarterly earnings results fell short of analysts' consensus estimates, potentially signaling operational difficulties.
  • Philip Morris International Inc. faces regulatory challenges in the tobacco industry, which could impact its future growth prospects.
  • The company's P/E ratio of 17.75 and P/E/G ratio of 2.45 may suggest the stock is currently overvalued, posing a risk to investors.
  • Despite revenue growth, Philip Morris International Inc.'s net margin of 10.80% may raise concerns about profitability and efficiency.














PM Stock Analysis - Frequently Asked Questions

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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

9 brokers have issued 1 year target prices for Philip Morris International's shares. Their PM share price targets range from $86.50 to $117.00. On average, they predict the company's stock price to reach $105.40 in the next year. This suggests a possible upside of 16.9% 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 2024?

Philip Morris International's stock was trading at $94.08 at the start of the year. Since then, PM stock has decreased by 4.1% and is now trading at $90.18.
View the best growth stocks for 2024 here
.

Are investors shorting Philip Morris International?

Philip Morris International saw a drop in short interest in January. As of January 31st, there was short interest totaling 6,670,000 shares, a drop of 13.6% from the January 15th total of 7,720,000 shares. Based on an average daily volume of 4,920,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.4% of the company's shares are short sold.
View Philip Morris International's Short Interest
.

When is Philip Morris International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our PM earnings forecast
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) issued its earnings results on Thursday, February, 8th. The company reported $1.36 EPS for the quarter, missing analysts' consensus estimates of $1.44 by $0.08. The business earned $9.05 billion during the quarter, compared to the consensus estimate of $8.99 billion. Philip Morris International had a negative trailing twelve-month return on equity of 116.29% and a net margin of 8.53%. The business's revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 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 Thursday, December 7th. Investors of record on Thursday, December 21st will be paid a dividend of $1.30 per share on Wednesday, January 10th. This represents a $5.20 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend is Wednesday, December 20th.
Read our dividend analysis for PM
.

Is Philip Morris International a good dividend stock?

Philip Morris International (NYSE:PM) pays an annual dividend of $5.20 per share and currently has a dividend yield of 5.68%. 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 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 103.59%. 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 74.07% 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 updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $6.43-6.55 for the period, compared to the consensus EPS estimate of $6.41.

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).

Who are Philip Morris International's major shareholders?

Philip Morris International's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.77%), Capital World Investors (7.06%), Capital International Investors (6.61%), Capital Research Global Investors (3.76%), Price T Rowe Associates Inc. MD (1.82%) and Charles Schwab Investment Management Inc. (0.86%). Insiders that own company stock include Andre Calantzopoulos, Drago Azinovic, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:PM) was last updated on 2/28/2024 by MarketBeat.com Staff