NYSE:PM - Philip Morris International Stock Price, Forecast & News

Philip Morris International trades on the New York Stock Exchange (NYSE) under the ticker symbol "PM."

Philip Morris International announced a quarterly dividend on Thursday, December 5th. Shareholders of record on Thursday, December 19th will be given a dividend of $1.17 per share on Friday, January 10th. This represents a $4.68 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date of this dividend is Wednesday, December 18th. View Philip Morris International's Dividend History.

Philip Morris International Inc. (NYSE:PM) posted its earnings results on Thursday, February, 6th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.01. The business earned $7.71 billion during the quarter, compared to the consensus estimate of $7.64 billion. Philip Morris International had a net margin of 9.21% and a negative return on equity of 84.30%. The firm's 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 is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Philip Morris International.

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

14 analysts have issued twelve-month price objectives for Philip Morris International's shares. Their forecasts range from $80.00 to $114.00. On average, they expect Philip Morris International's stock price to reach $97.09 in the next year. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Philip Morris International.

14 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 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Philip Morris International.

News coverage about PM stock has trended negative on Friday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Philip Morris International earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Philip Morris International.

Philip Morris International saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 11,450,000 shares, a decline of 9.3% from the January 15th total of 12,620,000 shares. Based on an average daily trading volume, of 4,500,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.7% of the shares of the stock 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), The Coca-Cola (KO), Johnson & Johnson (JNJ), Bristol-Myers Squibb (BMY), Verizon Communications (VZ), Chevron (CVX) and Bank of America (BAC).

Philip Morris International's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Capital World Investors (4.72%), State Street Corp (3.89%), Capital Research Global Investors (2.54%), Capital International Investors (2.36%), Geode Capital Management LLC (1.66%) and Bank of New York Mellon Corp (1.18%). 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 AJO LP, Massachusetts Financial Services Co. MA, Franklin Resources Inc., Prudential Financial Inc., Russell Investments Group Ltd., AQR Capital Management LLC, State Street Corp and Great West Life Assurance Co. Can. Company insiders that have sold Philip Morris International company stock in the last year include Andre Calantzopoulos, Louis C Camilleri and Mario Masseroli. View Insider Buying and Selling for Philip Morris International.

PM stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Alliancebernstein L.P., Bank of New York Mellon Corp, FMR LLC, Capital International Investors, Capital Research Global Investors, Investec Asset Management LTD and MUFG Securities EMEA plc. 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 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 $88.44.

Philip Morris International has a market capitalization of $137.60 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.