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 stock has decreased by 8.0% and is now trading at $73.46. View which stocks have been mosted impacted by Coronavirus.

16 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 13 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, April 21st 2020. View our earnings forecast for Philip Morris International.

Philip Morris International will be holding an earnings conference call on Thursday, April 16th 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) announced its quarterly earnings data on Thursday, February, 6th. The company reported $1.22 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.21 by $0.01. The business had revenue of $7.71 billion for the quarter, compared to analysts' expectations of $7.64 billion. Philip Morris International had a net margin of 9.21% and a negative return on equity of 84.30%. Philip Morris International's quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.25 EPS. View Philip Morris International's earnings history.

Philip Morris International announced a quarterly dividend on Thursday, March 5th. Shareholders 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 6.37%. The ex-dividend date is Friday, March 20th. View Philip Morris International's dividend history.

Philip Morris International issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, February, 19th. The company provided earnings per share (EPS) guidance of 5.50-5.50 for the period, compared to the Thomson Reuters consensus estimate of $5.58.

16 equities research analysts have issued 12 month price targets for Philip Morris International's stock. Their forecasts range from $80.00 to $114.00. On average, they anticipate Philip Morris International's share price to reach $95.17 in the next year. This suggests a possible upside of 29.5% from the stock's current price. View analysts' price targets for Philip Morris International.

News articles about PM stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPhilip Morris International.

Philip Morris International saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 11,426,900 shares, a drop of 6.9% from the February 27th total of 12,270,000 shares. Based on an average daily trading volume, of 5,170,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 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), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW).

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), The Coca-Cola (KO), 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 variety of institutional and retail investors. Top institutional investors include Cullinan Associates Inc. (0.00%), Fulton Bank N.A. (0.00%), Thomasville National Bank (0.00%), Blackhawk Capital Partners LLC. (0.00%), CWS Financial Advisors LLC (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Philip Morris International stock include Andre Calantzopoulos, Jennifer Li, Jerry Whitson, Louis C Camilleri, Marc S Firestone, Mario Masseroli, Michael R Kunst and Miroslaw Zielinski. View institutional ownership trends for Philip Morris International.

PM stock was sold by a variety of institutional investors in the last quarter, including CWS Financial Advisors LLC, Cullinan Associates Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Thomasville National Bank. Company insiders that have sold Philip Morris International company stock in the last year include Andre Calantzopoulos, Louis C Camilleri, 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 Blackhawk Capital Partners LLC., Fulton Bank N.A., and Cox Capital Mgt LLC. Company insiders that have bought Philip Morris International stock in the last two years include Jennifer Li, Jerry Whitson, Michael R Kunst, and Miroslaw Zielinski. 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 $73.46.

Philip Morris International has a market capitalization of $114.39 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. View additional information about Philip Morris International.

The official website for Philip Morris International is http://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.