NYSE:PMPhilip Morris International Stock Price, Forecast & News

Philip Morris International's stock was trading at $79.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PM shares have decreased by 8.6% and is now trading at $72.96. 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 Tuesday, July 21st 2020. View our earnings forecast for Philip Morris International.

Philip Morris International will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings results on Tuesday, April, 21st. The company reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.13 by $0.08. The company 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 business's revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.09 EPS. View Philip Morris International's earnings history.

Philip Morris International declared a quarterly dividend on Friday, June 5th. Stockholders of record on Monday, June 22nd will be paid a dividend of $1.17 per share on Friday, July 10th. This represents a $4.68 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend is Friday, June 19th. View Philip Morris International's dividend history.

Philip Morris International updated its second quarter 2020 Pre-Market earnings guidance on Thursday, June, 11th. The company provided EPS guidance of 1.10-1.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.09.

15 brokerages have issued twelve-month target prices for Philip Morris International's shares. Their forecasts range from $75.00 to $114.00. On average, they anticipate Philip Morris International's stock price to reach $92.23 in the next year. This suggests a possible upside of 26.4% from the stock's current price. View analysts' price targets for Philip Morris International.

News coverage about PM stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Philip Morris International earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Philip Morris International.

Philip Morris International saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 7,980,000 shares, a decrease of 17.0% from the June 15th total of 9,620,000 shares. Based on an average trading volume of 5,810,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.5% of the shares of the stock are short sold. 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 Envestnet Asset Management Inc. (0.11%), Wedge Capital Management L L P NC (0.03%), State of Alaska Department of Revenue (0.02%), Whittier Trust Co. (0.01%), Whittier Trust Co. of Nevada Inc. (0.01%) and 6 Meridian (0.00%). 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 6 Meridian, Municipal Employees Retirement System of Michigan, Exane Derivatives, OmniStar Financial Group Inc., Whittier Trust Co., Whittier Trust Co. of Nevada Inc., Arden Trust Co, and First Financial Bank Trust Division. 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 Envestnet Asset Management Inc., Canandaigua National Corp, State of Alaska Department of Revenue, Wedge Capital Management L L P NC, Moody National Bank Trust Division, Spirit of America Management Corp NY, Thomasville National Bank, and Foundations Investment Advisors LLC. 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 $72.96.

Philip Morris International has a market capitalization of $113.61 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.