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NYSE:PM

Philip Morris International - PM Stock Forecast, Price & News

$100.23
+0.99 (+1.00%)
(As of 08/15/2022 11:40 AM ET)
Add
Compare
Today's Range
$99.27
$100.28
50-Day Range
$89.51
$106.37
52-Week Range
$85.64
$112.48
Volume
61,125 shs
Average Volume
5.89 million shs
Market Capitalization
$155.37 billion
P/E Ratio
17.22
Dividend Yield
5.04%
Price Target
$110.33

Philip Morris International MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
11.2% Upside
$110.33 Price Target
Short Interest
Healthy
0.58% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.17mentions of Philip Morris International in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.18%
From $5.95 to $5.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.91 out of 5 stars

Consumer Staples Sector

113th out of 150 stocks

Cigarettes Industry

6th out of 6 stocks

PM stock logo

About Philip Morris International (NYSE:PM) Stock

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix. It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.

Philip Morris International Price Performance

Shares of NYSE:PM traded up $0.45 during mid-day trading on Monday, reaching $99.69. 14,797 shares of the company traded hands, compared to its average volume of 5,894,945. Philip Morris International has a fifty-two week low of $85.64 and a fifty-two week high of $112.48. The firm has a market cap of $154.54 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 3.66 and a beta of 0.62. The stock has a fifty day simple moving average of $97.71 and a 200-day simple moving average of $99.97.

Philip Morris International (NYSE:PM - Get Rating) last posted its quarterly earnings data on Thursday, July 21st. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.22. Philip Morris International had a net margin of 11.05% and a negative return on equity of 115.36%. The business had revenue of $7.83 billion for the quarter, compared to analyst estimates of $6.76 billion. During the same quarter last year, the business earned $1.57 earnings per share. The business's revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts predict that Philip Morris International will post 5.95 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Friday, July 1st were paid a dividend of $1.25 per share. The ex-dividend date was Thursday, June 30th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 5.02%. Philip Morris International's dividend payout ratio is presently 85.91%.

Wall Street Analyst Weigh In

PM has been the topic of several research analyst reports. Bank of America increased their price target on shares of Philip Morris International from $107.00 to $117.00 in a research report on Sunday, April 24th. Jefferies Financial Group cut their target price on shares of Philip Morris International from $107.00 to $99.00 in a report on Tuesday, July 19th. StockNews.com raised shares of Philip Morris International from a "hold" rating to a "buy" rating in a report on Tuesday, July 26th. Finally, Morgan Stanley raised their target price on shares of Philip Morris International from $104.00 to $112.00 and gave the stock an "overweight" rating in a report on Friday, April 22nd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $110.33.

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PM Stock News Headlines

Asian shares mostly higher after further gains on Wall St
Asian shares are mostly higher after another day of gains on Wall Street amid a deluge of news about the economy, interest rates and corporate profits
Stocks end higher as Wall Street's winning week rolls on
Stocks ended higher on Wall Street Thursday, building on their winning week
Wall Street's winning week rolls on, stocks flip early loss
Stocks are ticking higher Thursday and building on their winning week as Wall Street sifts through a deluge of news about the economy, interest rates and corporate profits
Companies That Offer the Biggest 401(k) Employer Match
3 Consumer Defensive Stocks for the Value Investor
10 Companies That Just Smashed Earnings Estimates
See More Headlines
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PM Company Calendar

Ex-Dividend for 7/15 Dividend
6/30/2022
Dividend Payable
7/15/2022
Last Earnings
7/21/2022
Today
8/15/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
69,600
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$110.33
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
+10.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$9.11 billion
Pretax Margin
14.73%

Debt

Sales & Book Value

Annual Sales
$82.22 billion
Cash Flow
$6.81 per share
Book Value
($5.27) per share

Miscellaneous

Outstanding Shares
1,550,163,000
Free Float
1,548,148,000
Market Cap
$155.37 billion
Optionable
Optionable
Beta
0.62

Social Links


Key Executives

  • Mr. Andre Calantzopoulos (Age 64)
    Exec. Chairman
    Comp: $3.02M
  • Mr. Jacek Olczak (Age 57)
    CEO & Director
    Comp: $5.06M
  • Mr. Emmanuel Babeau (Age 55)
    Chief Financial Officer
    Comp: $3.53M
  • Mr. Frederic de Wilde (Age 55)
    Pres of European Union Region
    Comp: $2.22M
  • Mr. Drago Azinovic (Age 60)
    Pres of Middle East & Africa Region and PMI Duty Free
    Comp: $2.18M
  • Mr. Stefano Volpetti (Age 50)
    Pres of Smoke-Free Products Category & Chief Consumer Officer
    Comp: $2.32M
  • Dr. Jorge Insuasty (Age 63)
    Chief Life Sciences Officer
    Comp: $2.45M
  • Mr. Frank De Rooij (Age 56)
    VP of Treasury & Corp. Fin.
  • Prof. Manuel C. Peitsch
    Chief Science Officer
  • Mr. Michael Voegele (Age 49)
    Chief Digital & Information Officer













PM Stock - Frequently Asked Questions

Should I buy or sell Philip Morris International stock right now?

7 Wall Street 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 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PM shares.
View PM analyst ratings
or view top-rated stocks.

What is Philip Morris International's stock price forecast for 2022?

7 Wall Street analysts have issued 12-month target prices for Philip Morris International's stock. Their PM share price forecasts range from $99.00 to $120.00. On average, they predict the company's share price to reach $110.33 in the next year. This suggests a possible upside of 11.2% from the stock's current price.
View analysts price targets for PM
or view top-rated stocks among Wall Street analysts.

How have PM shares performed in 2022?

Philip Morris International's stock was trading at $95.00 at the beginning of the year. Since then, PM shares have increased by 4.5% and is now trading at $99.24.
View the best growth stocks for 2022 here
.

Are investors shorting Philip Morris International?

Philip Morris International saw a increase in short interest in July. As of July 31st, there was short interest totaling 8,920,000 shares, an increase of 21.9% from the July 15th total of 7,320,000 shares. Based on an average daily trading volume, of 5,360,000 shares, the short-interest ratio is currently 1.7 days. Currently, 0.6% of the shares of the stock are sold short.
View Philip Morris International's Short Interest
.

When is Philip Morris International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our PM earnings forecast
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) issued its quarterly earnings data on Thursday, July, 21st. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.22. The firm had revenue of $7.83 billion for the quarter, compared to analyst estimates of $6.76 billion. Philip Morris International had a net margin of 11.05% and a negative trailing twelve-month return on equity of 115.36%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.57 EPS.
Read the conference call transcript
.

How often does Philip Morris International pay dividends? What is the dividend yield for Philip Morris International?

Philip Morris International announced a quarterly dividend on Friday, June 17th. Shareholders of record on Friday, July 1st will be paid a dividend of $1.25 per share on Friday, July 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Thursday, June 30th.
Read our dividend analysis for PM
.

Is Philip Morris International a good dividend stock?

Philip Morris International (NYSE:PM) pays an annual dividend of $5.00 per share and currently has a dividend yield of 5.04%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PM will have a dividend payout ratio of 85.03% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PM.

How will Philip Morris International's stock buyback program work?

Philip Morris International declared that its Board of Directors has initiated a share repurchase program on Friday, June 11th 2021, which permits the company to buyback $7,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

What guidance has Philip Morris International issued on next quarter's earnings?

Philip Morris International updated its FY 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share guidance of $5.23-$5.34 for the period, compared to the consensus estimate of $5.45. The company issued revenue guidance of -.

What is André Calantzopoulos' approval rating as Philip Morris International's CEO?

695 employees have rated Philip Morris International Chief Executive Officer André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Philip Morris International own?

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), Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Chevron (CVX) and Bank of America (BAC).

What is Philip Morris International's stock symbol?

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

Who are Philip Morris International's major shareholders?

Philip Morris International's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (1.05%), Northern Trust Corp (0.92%), Gardner Russo & Quinn LLC (0.45%), Swiss National Bank (0.43%), Franklin Resources Inc. (0.29%) and Massachusetts Financial Services Co. MA (0.28%). Insiders that own company stock include Andre Calantzopoulos, Drago Azinovic, Louis C Camilleri, Marc S Firestone, Marian Salzman, Mario Masseroli, Martin G King, Stacey Kennedy and Wilde Frederic De.
View institutional ownership trends
.

How do I buy shares of Philip Morris International?

Shares of PM stock 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.
Compare Top Brokerages Here.

What is Philip Morris International's stock price today?

One share of PM stock can currently be purchased for approximately $99.24.

How much money does Philip Morris International make?

Philip Morris International (NYSE:PM) has a market capitalization of $153.84 billion and generates $82.22 billion in revenue each year. The company earns $9.11 billion in net income (profit) each year or $5.82 on an earnings per share basis.

How many employees does Philip Morris International have?

The company employs 69,600 workers across the globe.

Does Philip Morris International have any subsidiaries?

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..
Read More

When was Philip Morris International founded?

Philip Morris International was founded in 2008.

How can I contact Philip Morris International?

Philip Morris International's mailing address is 120 PARK AVENUE, NEW YORK NY, 10017. The official website for the company is www.pmi.com. The company can be reached via phone at (917) 663-2000 or via email at investorrelations@pmi.com.

This page (NYSE:PM) was last updated on 8/15/2022 by MarketBeat.com Staff

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