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 declared a quarterly dividend on Thursday, December 5th. Shareholders of record on Thursday, December 19th will be paid 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 is Wednesday, December 18th. View Philip Morris International's Dividend History.

Philip Morris International Inc. (NYSE:PM) announced its quarterly earnings results on Thursday, February, 6th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.21 by $0.01. The company had revenue of $7.71 billion for the quarter, compared to analysts' expectations of $7.64 billion. Philip Morris International had a negative return on equity of 84.30% and a net margin of 9.21%. The firm's revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 FY20 earnings guidance on Thursday, February, 6th. The company provided EPS guidance of at least $5.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.60.

14 analysts have issued 12 month target prices for Philip Morris International's shares. Their forecasts range from $80.00 to $114.00. On average, they anticipate Philip Morris International's stock price to reach $97.09 in the next year. This suggests a possible upside of 9.7% 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 headlines about PM stock have trended somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Philip Morris International earned a daily sentiment score of 1.8 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 company's share price in the immediate future. View News Stories for Philip Morris International.

Philip Morris International saw a decrease in short interest in January. As of January 31st, there was short interest totalling 11,450,000 shares, a decrease of 9.3% from the January 15th total of 12,620,000 shares. Based on an average daily volume of 4,500,000 shares, the short-interest ratio is currently 2.5 days. Approximately 0.7% of the company's shares 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 number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.89%), Bank of New York Mellon Corp (1.18%), Massachusetts Financial Services Co. MA (1.16%), FMR LLC (0.85%), First Eagle Investment Management LLC (0.79%) and Gardner Russo & Gardner LLC (0.57%). 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 acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, FMR LLC, Investec Asset Management LTD, MUFG Securities EMEA plc, Artisan Partners Limited Partnership, Victory Capital Management Inc., Ferguson Wellman Capital Management Inc. and Kovitz Investment Group Partners 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 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 $88.50.

Philip Morris International has a market capitalization of $137.70 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.