Philip Morris International Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Philip Morris International stock.
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Philip Morris International saw a decline in short interest in April. As of April 15th, there was short interest totaling 8,610,000 shares, a decline of 15.5% from the March 31st total of 10,190,000 shares. Based on an average daily volume of 4,770,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.6% of the company's stock are sold short.
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Philip Morris International is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Philip Morris International.

Philip Morris International Inc. (NYSE:PM) issued its earnings results on Monday, April, 19th. The company reported $1.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.40 by $0.17. The business had revenue of $7.59 billion for the quarter, compared to the consensus estimate of $7.33 billion. Philip Morris International had a negative trailing twelve-month return on equity of 78.02% and a net margin of 10.07%. The firm's revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 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 (WHO). Since then, PM stock has increased by 22.5% and is now trading at $97.82.
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Philip Morris International declared a quarterly dividend on Thursday, March 4th. Investors of record on Monday, March 22nd will be given a dividend of $1.20 per share on Friday, April 9th. This represents a $4.80 annualized dividend and a yield of 4.91%. The ex-dividend date of this dividend is Friday, March 19th.
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 4.91%. 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 updated its second quarter 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 1.500-1.550 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.530. The company issued revenue guidance of -.

11 Wall Street analysts have issued 12-month price targets for Philip Morris International's shares. Their forecasts range from $80.00 to $110.00. On average, they expect Philip Morris International's share price to reach $100.75 in the next twelve months. This suggests a possible upside of 3.0% 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 Altria Group (MO), British American Tobacco (BTI), Swedish Match AB (publ) (SWMAY), Vector Group (VGR), BOTS (BTZI), White Fox Ventures (AWAW) and Electronic Cigarettes International Group (ECIGQ).
View all of PM's 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), 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.78%), Capital International Investors (4.49%), Geode Capital Management LLC (1.62%), Bank of New York Mellon Corp (1.32%), Northern Trust Corp (0.96%) and Fayez Sarofim & Co (0.88%). Company insiders that own Philip Morris International stock include Andre Calantzopoulos, Louis C Camilleri, Marc S Firestone, Marian Salzman, Mario Masseroli, Martin G King, Michael R Kunst and Stacey Kennedy.
View institutional ownership trends for Philip Morris International.

PM stock was sold by a variety of institutional investors in the last quarter, including Veritas Asset Management LLP, Bank of Nova Scotia, Schafer Cullen Capital Management Inc, Avalon Investment & Advisory, Flossbach Von Storch AG, MUFG Securities EMEA plc, Gateway Investment Advisers LLC, and Bank of Montreal Can. Company insiders that have sold Philip Morris International company stock in the last year include Louis C Camilleri, Marian Salzman, Mario Masseroli, Martin G King, and Stacey Kennedy.
View insider buying and selling activity for Philip Morris International or view top insider-selling stocks.

PM stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, CIBC World Markets Inc., Renaissance Technologies LLC, Arrowstreet Capital Limited Partnership, Cullen Capital Management LLC, Thrivent Financial for Lutherans, Assenagon Asset Management S.A., and State of Tennessee Treasury Department.
View insider buying and selling activity for Philip Morris International or or view top insider-buying stocks.

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 $97.82.

Philip Morris International has a market capitalization of $152.46 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 71,000 workers across the globe.

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..

Philip Morris International was founded in 2008.

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.