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NYSE:PM

Philip Morris International - PM Stock Forecast, Price & News

$85.29
-0.18 (-0.21%)
(As of 10/7/2022 11:27 AM ET)
Add
Compare
Today's Range
$84.47
$85.57
50-Day Range
$83.01
$101.72
52-Week Range
$82.85
$112.48
Volume
40,232 shs
Average Volume
4.97 million shs
Market Capitalization
$132.21 billion
P/E Ratio
14.65
Dividend Yield
5.84%
Price Target
$108.89

Philip Morris International MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
27.4% Upside
$108.89 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.45mentions of Philip Morris International in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.52%
From $5.82 to $5.85 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Consumer Staples Sector

63rd out of 145 stocks

Cigarettes Industry

3rd 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.

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PM Stock News Headlines

12 Best Hemp Stocks To Buy Now
A Strong Dollar Spells Trouble for Some U.S. Companies
Activist investor Elliott raises Philip Morris stake
Activist investor Elliott raises Swedish Match stake
Top Tobacco Stocks for Q4 2022
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
Ex-Dividend for 10/12 Dividend
9/27/2022
Today
10/07/2022
Dividend Payable
10/12/2022
Next Earnings (Confirmed)
10/20/2022
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
$108.89
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
+27.7%
Consensus Rating
Hold
Rating Score (0-4)
2.43
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
$6.61 per share
Book Value
($5.27) per share

Miscellaneous

Outstanding Shares
1,550,160,000
Free Float
1,548,148,000
Market Cap
$132.21 billion
Optionable
Optionable
Beta
0.66

Social Links


Key Executives

  • Mr. Andre Calantzopoulos (Age 64)
    Exec. Chairman
    Comp: $3.02M
  • Mr. Jacek  OlczakMr. 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 analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PM, but not buy additional shares or sell existing shares.
View PM analyst ratings
or view top-rated stocks.

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

7 brokers have issued 1 year target prices for Philip Morris International's shares. Their PM share price forecasts range from $99.00 to $120.00. On average, they predict the company's stock price to reach $108.89 in the next year. This suggests a possible upside of 27.4% 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 start of the year. Since then, PM stock has decreased by 10.0% and is now trading at $85.48.
View the best growth stocks for 2022 here
.

Are investors shorting Philip Morris International?

Philip Morris International saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,710,000 shares, an increase of 21.6% from the August 31st total of 6,340,000 shares. Based on an average daily volume of 4,210,000 shares, the short-interest ratio is currently 1.8 days. Currently, 0.5% of the company's shares are short sold.
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 Thursday, October 20th 2022.
View our PM earnings forecast
.

How can I listen to Philip Morris International's earnings call?

Philip Morris International will be holding an earnings conference call on Thursday, October 20th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) announced its quarterly earnings results on Thursday, July, 21st. The company reported $1.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.24. The company had revenue of $7.83 billion for the quarter, compared to the consensus estimate 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 company's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.57 earnings per share.
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 Wednesday, September 14th. Shareholders of record on Wednesday, September 28th will be given a dividend of $1.27 per share on Wednesday, October 12th. This represents a $5.08 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend is Tuesday, September 27th. This is a boost from the stock's previous quarterly dividend of $1.25.
Read our dividend analysis for PM
.

Is Philip Morris International a good dividend stock?

Philip Morris International (NYSE:PM) pays an annual dividend of $5.08 per share and currently has a dividend yield of 5.84%. 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 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 87.29%. 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 86.84% 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 has authorized a stock buyback plan on Friday, June 11th 2021, which allows the company to buyback $7,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

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

Philip Morris International issued an update on its FY 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share (EPS) guidance of $5.23-$5.34 for the period, compared to the consensus EPS 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 a variety of institutional and retail investors. Top institutional shareholders include Exchange Traded Concepts LLC (0.01%), Beese Fulmer Investment Management Inc. (0.01%), Capital Investment Advisors LLC (0.00%), Fulton Bank N.A. (0.00%), Thomasville National Bank (0.00%) and LVM Capital Management Ltd. MI (0.00%). 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 $85.48.

How much money does Philip Morris International make?

Philip Morris International (NYSE:PM) has a market capitalization of $132.51 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
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 10/7/2022 by MarketBeat.com Staff

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