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. Since then, PM stock has decreased by 3.4% and is now trading at $77.12.
View which stocks have been most impacted by Coronavirus.

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.

Philip Morris International is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Philip Morris International.

Philip Morris International Inc. (NYSE:PM) posted its earnings results on Tuesday, July, 21st. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.10 by $0.19. The company earned $6.65 billion during the quarter, compared to analyst estimates of $6.54 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 13.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.46 earnings per share.
View Philip Morris International's earnings history.

Philip Morris International announced a quarterly dividend on Friday, June 5th. Investors of record on Monday, June 22nd will be given a dividend of $1.17 per share on Friday, July 10th. This represents a $4.68 annualized dividend and a dividend yield of 6.07%. The ex-dividend date is Friday, June 19th.
View Philip Morris International's dividend history.

Philip Morris International issued an update on its FY20 earnings guidance on Tuesday, July, 21st. The company provided earnings per share guidance of $4.92-5.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.93.

14 analysts have issued 12 month price targets for Philip Morris International's stock. Their forecasts range from $75.00 to $102.00. On average, they anticipate Philip Morris International's stock price to reach $90.23 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
View analysts' price targets for Philip Morris International.

Press coverage about PM stock has been trending negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Philip Morris International earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
View the latest news about Philip Morris International.

Philip Morris International saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 7,990,000 shares, an increase of 6.1% from the July 15th total of 7,530,000 shares. Based on an average trading volume of 5,200,000 shares, the short-interest ratio is presently 1.5 days. Approximately 0.5% 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 Altria Group (MO), British American Tobacco (BTI), SWEDISH MATCH A/ADR (SWMAY), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW).
View all 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), Exxon Mobil (XOM), Johnson & Johnson (JNJ), 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 Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Coronation Fund Managers Ltd. (0.16%), Principal Financial Group Inc. (0.15%), DekaBank Deutsche Girozentrale (0.15%) and New York State Teachers Retirement System (0.15%). 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 Zurcher Kantonalbank Zurich Cantonalbank, Coronation Fund Managers Ltd., Oregon Public Employees Retirement Fund, Jennison Associates LLC, Russell Investments Group Ltd., Gateway Investment Advisers LLC, Atalanta Sosnoff Capital LLC, and 6 Meridian. Company insiders that have sold Philip Morris International company stock in the last year include Andre Calantzopoulos, and Marc S Firestone.
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 Assenagon Asset Management S.A., Fort Washington Investment Advisors Inc. OH, Prudential PLC, DAVENPORT & Co LLC, LSV Asset Management, Pacer Advisors Inc., First Trust Advisors LP, and SG Americas Securities LLC.
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 $77.12.

Philip Morris International has a market capitalization of $120.10 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.