Philip Morris International Stock Forecast, Price & 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 increased by 1.7% and is now trading at $81.18.
View which stocks have been most impacted by COVID-19.

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Philip Morris International stock.
View analyst ratings for Philip Morris International or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Philip Morris International a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Philip Morris International wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Philip Morris International is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Philip Morris International.

Philip Morris International Inc. (NYSE:PM) issued its quarterly earnings data on Tuesday, October, 20th. The company reported $1.42 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.36 by $0.06. The firm earned $7.45 billion during the quarter, compared to analyst estimates of $7.27 billion. Philip Morris International had a negative return on equity of 80.24% and a net margin of 9.54%. The business's quarterly revenue was down 2.6% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS.
View Philip Morris International's earnings history.

Philip Morris International declared a quarterly dividend on Thursday, December 10th. Stockholders 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 5.91%. 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 5.91%. 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 83.92% 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 FY 2020 Pre-Market earnings guidance on Wednesday, December, 2nd. The company provided earnings per share (EPS) guidance of 5.10-5.10 for the period, compared to the Thomson Reuters consensus estimate of $5.12.

11 analysts have issued 1 year price targets for Philip Morris International's shares. Their forecasts range from $80.00 to $110.00. On average, they anticipate Philip Morris International's share price to reach $97.08 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price.
View analysts' price targets for Philip Morris International or view Wall Street analyst' top-rated stocks.

Philip Morris International saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 9,480,000 shares, an increase of 28.1% from the December 15th total of 7,400,000 shares. Based on an average daily trading volume, of 5,260,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.6% of the shares of the company are short sold.
View Philip Morris International's Short Interest.

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).
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 many different retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.04%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.03%), Wedge Capital Management L L P NC (0.02%), RNC Capital Management LLC (0.02%), State of Alaska Department of Revenue (0.02%) and CHURCHILL MANAGEMENT Corp (0.01%). 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 Atalanta Sosnoff Capital LLC, RNC Capital Management LLC, CHURCHILL MANAGEMENT Corp, Wedge Capital Management L L P NC, State of Alaska Department of Revenue, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, M&R Capital Management Inc., and Lavaca Capital LLC. Company insiders that have sold Philip Morris International company stock in the last year include Andre Calantzopoulos, Louis C Camilleri, and Marc S Firestone.
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 IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Strategic Investment Advisors MI, Livingston Group Asset Management CO operating as Southport Capital Management, Sowell Financial Services LLC, Private Trust Co. NA, Charles Schwab Trust Co, and Signature Estate & Investment Advisors LLC.
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.

One share of PM stock can currently be purchased for approximately $81.18.

Philip Morris International has a market capitalization of $126.42 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.