NYSE:PMPhilip Morris International Stock Price, Forecast & News

$70.45

-0.05 (-0.07 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$69.51

Now: $70.45▼

$70.64

50-Day Range

$67.78

MA: $72.97▼

$77.96

52-Week Range

$56.01

Now: $70.45▼

$90.17

Volume2.60 million shs

Average Volume6.29 million shs

Market Capitalization$109.70 billion

P/E Ratio14.32

Dividend Yield6.64%

Beta0.79

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, and smoke-free products and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Marlboro, and HEETS FROM MARLBORO brands, as well as the Marlboro HeatSticks and Parliament HeatSticks brands. 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; Fortune and Jackpot in the Philippines; and Belmont and Canadian Classics in Canada. It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada. The company was incorporated in 1987 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Philip Morris International has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 12 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $92.46, Philip Morris International has a potential upside of 31.2% from its current price of $70.45.
Amount of Analyst Coverage
Philip Morris International has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Philip Morris International has received 734 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Philip Morris International has received 1,073 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Philip Morris International has received 59.38% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Philip Morris International and other stocks. Vote “Outperform” if you believe PM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PM will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Philip Morris International is a leading dividend payer. It pays a dividend yield of 6.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Philip Morris International has been increasing its dividend for 12 years.
Dividend Coverage
The dividend payout ratio of Philip Morris International is 90.17 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 86.51 % in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Philip Morris International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,897,940.00 in company stock.
Percentage Held by Insiders
Only 0.22% of the stock of Philip Morris International is held by insiders.
Percentage Held by Institutions
74.70% of the stock of Philip Morris International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Philip Morris International are expected to grow by 9.29% in the coming year, from $4.95 to $5.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Philip Morris International is 14.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Philip Morris International is 14.32, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 35.16.
Price to Earnings Growth Ratio
Philip Morris International has a PEG Ratio of 2.15. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.39 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cigarettes

Sub-IndustryTobacco

SectorConsumer Staples

Current SymbolNYSE:PM

Previous Symbol

CUSIP71817210

CIK1413329

Webwww.pmi.com

Phone917-663-2000

Debt

Debt-to-Equity RatioN/A

Current Ratio1.02

Quick Ratio0.47

Price-To-Earnings

Trailing P/E Ratio14.32

Forward P/E Ratio14.23

P/E Growth2.15

Sales & Book Value

Annual Sales$77.92 billion

Price / Sales1.41

Cash Flow$5.82 per share

Price / Cash Flow12.11

Book Value($6.17) per share

Price / Book-11.42

Profitability

EPS (Most Recent Fiscal Year)$5.19

Net Income$7.19 billion

Net Margins9.75%

Return on Equity-84.38%

Return on Assets20.47%

Miscellaneous

Employees73,500

Outstanding Shares1,557,130,000

Market Cap$109.70 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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Philip Morris International (NYSE:PM) Frequently Asked Questions

How has Philip Morris International's stock been impacted by COVID-19 (Coronavirus)?

Philip Morris International's stock was trading at $79.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PM shares have decreased by 11.8% and is now trading at $70.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Philip Morris International?

15 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Philip Morris International.

When is Philip Morris International's next earnings date?

Philip Morris International is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Philip Morris International.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) issued its earnings results on Tuesday, April, 21st. The company reported $1.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.13 by $0.08. The business had revenue of $7.15 billion for the quarter, compared to analysts' expectations of $6.87 billion. Philip Morris International had a net margin of 9.75% and a negative return on equity of 84.38%. The business's quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.09 earnings per share. View Philip Morris International's earnings history.

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

Philip Morris International declared a quarterly dividend on Thursday, March 5th. Investors of record on Monday, March 23rd will be given a dividend of $1.17 per share on Thursday, April 9th. This represents a $4.68 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date is Friday, March 20th. View Philip Morris International's dividend history.

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

Philip Morris International issued an update on its second quarter earnings guidance on Tuesday, April, 21st. The company provided earnings per share (EPS) guidance of $1.00-1.10 for the period, compared to the Thomson Reuters consensus estimate of $1.41.

What price target have analysts set for PM?

15 Wall Street analysts have issued 1-year price objectives for Philip Morris International's stock. Their forecasts range from $78.00 to $114.00. On average, they expect Philip Morris International's stock price to reach $92.46 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View analysts' price targets for Philip Morris International.

Has Philip Morris International been receiving favorable news coverage?

Headlines about PM stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of 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 -2.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutPhilip Morris International.

Are investors shorting Philip Morris International?

Philip Morris International saw a increase in short interest in April. As of April 30th, there was short interest totaling 10,830,000 shares, an increase of 28.9% from the April 15th total of 8,400,000 shares. Based on an average daily volume of 6,890,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.7% of the company's stock are sold short. View Philip Morris International's Current Options Chain.

Who are some of Philip Morris International's key competitors?

Some companies that are related to Philip Morris International include British American Tobacco (BTI), Altria Group (MO), SWEDISH MATCH A/ADR (SWMAY), Vector Group (VGR), mCig (MCIG) and White Fox Ventures (AWAW). View all competitors.

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

Who are Philip Morris International's key executives?

Philip Morris International's management team includes the following people:

Mr. André Calantzopoulos, CEO & Director (Age 61)
Mr. Martin Gray King, Chief Financial Officer (Age 55)
Mr. Jacek Olczak, Chief Operating Officer (Age 54)
Mr. Marc S. Firestone, Pres of External Affairs & Gen. Counsel (Age 60)
Mr. Miroslaw Zielinski, Pres of Science & Innovation (Age 58)

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.22%), Capital World Investors (5.84%), State Street Corp (3.93%), Capital International Investors (2.82%), Morgan Stanley (2.72%) and Capital Research Global Investors (2.48%). 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.

Which major investors are selling Philip Morris International stock?

PM stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Invesco Ltd., Diamond Hill Capital Management Inc., Two Sigma Advisers LP, American International Group Inc., Capital Research Global Investors, Canada Pension Plan Investment Board, and State of Michigan Retirement System. Company insiders that have sold Philip Morris International company stock in the last year include Andre Calantzopoulos, Marc S Firestone, and Mario Masseroli. View insider buying and selling activity for Philip Morris International.

Which major investors are buying Philip Morris International stock?

PM stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Morgan Stanley, Franklin Resources Inc., Wellington Management Group LLP, BlackRock Inc., AJO LP, and Bank of New York Mellon Corp. View insider buying and selling activity for Philip Morris International.

How do I buy shares of 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.

What is Philip Morris International's stock price today?

One share of PM stock can currently be purchased for approximately $70.45.

How big of a company is Philip Morris International?

Philip Morris International has a market capitalization of $109.70 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.

What is Philip Morris International's official website?

The official website for Philip Morris International is www.pmi.com.

How can I contact Philip Morris International?

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.

This page was last updated on 5/26/2020 by MarketBeat.com Staff