Philip Morris International Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Philip Morris International stock.
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Philip Morris International saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 9,230,000 shares, an increase of 14.8% from the December 31st total of 8,040,000 shares. Based on an average daily volume of 5,320,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.6% of the company's shares are sold short.
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Philip Morris International is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for Philip Morris International.

Philip Morris International Inc. (NYSE:PM) issued its quarterly earnings data on Thursday, February, 4th. The company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.05. The company had revenue of $7.44 billion for the quarter, compared to analysts' expectations of $7.41 billion. Philip Morris International had a net margin of 10.07% and a negative trailing twelve-month return on equity of 78.02%. The firm's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.22 earnings per share.
View Philip Morris International's earnings history.

Philip Morris International's stock was trading at $79.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PM shares have increased by 9.4% and is now trading at $87.33.
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Philip Morris International declared a quarterly dividend on Thursday, December 10th. Shareholders of record on Wednesday, December 23rd will be paid a dividend of $1.20 per share on Monday, January 11th. This represents a $4.80 annualized dividend and a yield of 5.50%. The ex-dividend date is Tuesday, December 22nd.
View Philip Morris International's dividend history.

Philip Morris International pays an annual dividend of $4.80 per share and currently has a dividend yield of 5.55%. 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Philip Morris International is 92.49%. 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 82.90% 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.

Philip Morris International issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 4th. The company provided EPS guidance of 5.90-6.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.81.

10 brokers have issued 1 year price objectives for Philip Morris International's stock. Their forecasts range from $80.00 to $110.00. On average, they expect Philip Morris International's share price to reach $97.73 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
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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.

Some companies that are related to Philip Morris International include British American Tobacco (BTI), Altria Group (MO), Swedish Match AB (publ) (SWMAY), Vector Group (VGR), BOTS (BTZI), White Fox Ventures (AWAW) and Electronic Cigarettes International Group (ECIGQ).
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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), The Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Chevron (CVX) and Bank of America (BAC).

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

Philip Morris International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.81%), Morgan Stanley (3.07%), Price T Rowe Associates Inc. MD (1.55%), Bank of New York Mellon Corp (1.30%), Fundsmith LLP (1.25%) and Northern Trust Corp (0.98%). Company insiders that own Philip Morris International stock include Andre Calantzopoulos, Louis C Camilleri, Marc S Firestone, Marian Salzman, Mario Masseroli and Michael R Kunst.
View institutional ownership trends for Philip Morris International.

PM stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, American International Group Inc., Nuveen Asset Management LLC, AJO LP, Lord Abbett & CO. LLC, Amundi Pioneer Asset Management Inc., BlackRock Inc., and Sumitomo Mitsui Trust Holdings Inc.. Company insiders that have sold Philip Morris International company stock in the last year include Louis C Camilleri, Marc S Firestone, and Marian Salzman.
View insider buying and selling activity for Philip Morris International or view top insider-selling stocks.

PM stock was purchased by a variety of institutional investors in the last quarter, including Cibc World Markets Corp, FIL Ltd, Bank of New York Mellon Corp, CIBC World Markets Inc., Morgan Stanley, Retirement Systems of Alabama, Canada Pension Plan Investment Board, and Dai Ichi Life Insurance Company Ltd.
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Shares of PM 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.
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One share of PM stock can currently be purchased for approximately $87.33.

Philip Morris International has a market capitalization of $136.01 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.

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

Philip Morris International is headquartered at 120 PARK AVENUE, NEW YORK NY, 10017.

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.