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 6.7% and is now trading at $74.51. 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) released its quarterly earnings data on Thursday, February, 6th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.01. The firm 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%. Philip Morris International's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $1.25 earnings per share. View Philip Morris International's earnings history.

Philip Morris International announced a quarterly dividend on Thursday, March 5th. Investors 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 annualized dividend and a yield of 6.28%. 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 EPS estimate of $5.58.

16 brokerages have issued 12 month price targets for Philip Morris International's shares. Their forecasts range from $78.00 to $114.00. On average, they expect Philip Morris International's share price to reach $93.69 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View analysts' price targets for Philip Morris International.

Media stories about PM stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, 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 gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPhilip Morris International.

Philip Morris International saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 11,426,900 shares, a decline of 6.9% from the February 27th total of 12,270,000 shares. Based on an average trading volume of 5,170,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.7% of the shares of the company are short sold. 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), Bristol-Myers Squibb (BMY), Verizon Communications (VZ), 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 number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.02%), Centre Asset Management LLC (0.01%), Cullinan Associates Inc. (0.00%), Fulton Bank N.A. (0.00%), CHICAGO TRUST Co NA (0.00%) and IBM Retirement Fund (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 Centre Asset Management LLC, Private Trust Co. NA, CWS Financial Advisors LLC, Chickasaw Capital Management LLC, CHICAGO TRUST Co NA, Burns J W & Co. Inc. NY, Cullinan Associates Inc., and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 bought by a variety of institutional investors in the last quarter, including Blackhawk Capital Partners LLC., IBM Retirement Fund, State of Alaska Department of Revenue, Fulton Bank N.A., Cox Capital Mgt LLC, Sound Income Strategies LLC, and Gradient Investments 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 $74.51.

Philip Morris International has a market capitalization of $116.02 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.