NYSE:PMPhilip Morris International Stock Price, Forecast & News

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 (WHO). Since then, PM shares have decreased by 9.7% and is now trading at $72.13. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 1 sell rating, 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Philip Morris International.

Philip Morris International is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Philip Morris International.

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings results on Tuesday, April, 21st. The company reported $1.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.13 by $0.08. The firm had revenue of $7.15 billion for the quarter, compared to analysts' expectations of $6.87 billion. Philip Morris International had a negative return on equity of 84.38% and a net margin of 9.75%. The firm's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.09 earnings per share. View Philip Morris International's earnings history.

Philip Morris International declared a quarterly dividend on Thursday, March 5th. Stockholders of record on Monday, March 23rd will be paid a dividend of $1.17 per share on Thursday, April 9th. This represents a $4.68 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Friday, March 20th. View Philip Morris International's dividend history.

Philip Morris International updated its second quarter earnings guidance on Tuesday, April, 21st. The company provided earnings per share guidance of $1.00-1.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.41.

15 brokers have issued 1-year price targets for Philip Morris International's stock. Their forecasts range from $78.00 to $114.00. On average, they expect Philip Morris International's stock price to reach $92.46 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View analysts' price targets for Philip Morris International.

Press coverage about PM stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Philip Morris International earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutPhilip Morris International.

Philip Morris International saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 10,830,000 shares, an increase of 28.9% from the April 15th total of 8,400,000 shares. Based on an average daily trading volume, of 6,890,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.7% of the company's shares are sold short. View Philip Morris International's Current Options Chain.

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), mCig (MCIG) and White Fox Ventures (AWAW). View all competitors.

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), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Coca-Cola (KO), Bristol-Myers Squibb (BMY), Verizon Communications (VZ), 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 investors include BlackRock Inc. (6.22%), Capital World Investors (5.84%), State Street Corp (3.93%), Capital International Investors (2.82%), Morgan Stanley (2.72%) and Capital Research Global Investors (2.48%). Company insiders that own Philip Morris International stock include Andre Calantzopoulos, Louis C Camilleri, Marc S Firestone, 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 Massachusetts Financial Services Co. MA, Invesco Ltd., Diamond Hill Capital Management Inc., Two Sigma Advisers LP, American International Group Inc., Capital Research Global Investors, Canada Pension Plan Investment Board, and State of Michigan Retirement System. Company insiders that have sold Philip Morris International company stock in the last year include Andre Calantzopoulos, Marc S Firestone, and Mario Masseroli. View insider buying and selling activity for Philip Morris International.

PM stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Morgan Stanley, Franklin Resources Inc., Wellington Management Group LLP, BlackRock Inc., AJO LP, and Bank of New York Mellon Corp. View insider buying and selling activity for 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.

One share of PM stock can currently be purchased for approximately $72.13.

Philip Morris International has a market capitalization of $112.32 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's mailing address is 120 PARK AVENUE, NEW YORK NY, 10017. The company can be reached via phone at 917-663-2000.