Philip Morris International Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Philip Morris International stock.
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7 brokerages have issued 1 year price targets for Philip Morris International's stock. Their PM stock forecasts range from $100.00 to $120.00. On average, they anticipate Philip Morris International's stock price to reach $111.75 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price.
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Philip Morris International's stock was trading at $95.00 at the beginning of 2022. Since then, PM stock has increased by 8.8% and is now trading at $103.40.
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Philip Morris International is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
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Philip Morris International will be holding an earnings conference call on Thursday, July 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Philip Morris International Inc. (NYSE:PM) released its quarterly earnings data on Thursday, April, 21st. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.08. The business earned $7.75 billion during the quarter, compared to analysts' expectations of $7.43 billion. Philip Morris International had a net margin of 10.97% and a negative trailing twelve-month return on equity of 110.49%. The company's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.57 earnings per share.
View Philip Morris International's earnings history.

Philip Morris International declared a quarterly dividend on Friday, June 17th. Shareholders of record on Friday, July 1st will be paid a dividend of $1.25 per share on Friday, July 15th. This represents a $5.00 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date is Thursday, June 30th.
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Philip Morris International(NYSE:PM) pays an annual dividend of $5.00 per share and currently has a dividend yield of 4.92%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Philip Morris International has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Philip Morris International is 86.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 82.92% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.
View Philip Morris International's dividend history.

Philip Morris International announced that its Board of Directors has authorized a stock buyback plan on Friday, June 11th 2021, which permits the company to buyback $7,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

Philip Morris International updated its FY 2022 earnings guidance on Thursday, April, 21st. The company provided EPS guidance of $5.350-$5.460 for the period, compared to the consensus estimate of $5.890. The company issued revenue guidance of -.

695 employees have rated Philip Morris International CEO André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among Philip Morris International's employees.

Some companies that are related to Philip Morris International include British American Tobacco (BTI), Altria Group (MO), Swedish Match AB (publ) (SWMAY), RLX Technology (RLX), Vector Group (VGR), 22nd Century Group (XXII), BOTS (BTZI), Electronic Cigarettes International Group (ECIGQ) and White Fox Ventures (AWAW).
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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).

Philip Morris International trades on the New York Stock Exchange (NYSE) under the ticker symbol "PM."

Philip Morris International's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.30%), BlackRock Inc. (6.23%), Capital World Investors (5.18%), Capital International Investors (4.89%), Capital Research Global Investors (4.25%) and State Street Corp (3.80%). Company insiders that own Philip Morris International 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 for Philip Morris International.

PM stock was sold by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Royal Bank of Canada, Invesco Ltd., Massachusetts Financial Services Co. MA, Bank of Montreal Can, Canada Pension Plan Investment Board, Wellington Management Group LLP, and Bank of New York Mellon Corp. Company insiders that have sold Philip Morris International company stock in the last two years include Drago Azinovic, Louis C Camilleri, Marian Salzman, Mario Masseroli, Martin G King, Stacey Kennedy, and Wilde Frederic De.
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PM stock was bought by a variety of institutional investors in the last quarter, including GQG Partners LLC, Capital Research Global Investors, State Street Corp, BlackRock Inc., Vanguard Group Inc., Bank of Nova Scotia, Capital International Investors, and Renaissance Technologies LLC.
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Shares of PM 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.
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One share of PM stock can currently be purchased for approximately $103.40.

Philip Morris International (NYSE:PM) has a market capitalization of $160.28 billion and generates $82.22 billion in revenue each year. The company earns $9.11 billion in net income (profit) each year or $5.78 on an earnings per share basis.

Philip Morris International employs 69,600 workers across the globe.

Philip Morris International was founded in 2008.

Philip Morris International's mailing address is 120 PARK AVENUE, NEW YORK NY, 10017. The official website for Philip Morris International is www.pmi.com. The company can be reached via phone at (917) 663-2000 or via email at [email protected].