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S&P 500   4,769.83
DOW   37,689.54
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DOW   37,689.54
QQQ   409.52
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NYSE:PM

Philip Morris International (PM) Stock Price, News & Analysis

$94.08
0.00 (0.00%)
(As of 12/29/2023 ET)
Today's Range
$93.73
$94.32
50-Day Range
$87.47
$95.26
52-Week Range
$87.23
$105.62
Volume
3.23 million shs
Average Volume
5.13 million shs
Market Capitalization
$146.05 billion
P/E Ratio
18.27
Dividend Yield
5.53%
Price Target
$109.27

Philip Morris International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
16.1% Upside
$109.27 Price Target
Short Interest
Healthy
0.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
1.32mentions of Philip Morris International in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$942,500 Sold Last Quarter
Proj. Earnings Growth
7.24%
From $6.08 to $6.52 Per Share

Overall MarketRank

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

2.94 out of 5 stars

Consumer Staples Sector

9th out of 135 stocks

Cigarettes Industry

1st out of 5 stocks


PM stock logo

About Philip Morris International Stock (NYSE:PM)

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 primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

PM Stock Price History

PM Stock News Headlines

5 Low-Vol Dividend Stocks Yielding Up to 10.4%
What are consumer staples stocks? (PM)
Consumer staples stocks come from companies that produce in-demand goods and offer investors a safe harbor during inflation. Learn more.
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What is the consumer staples sector? (PM)
The consumer staples sector is a sector that contains products consumers use and which people cannot (or won’t) cut out of their budget. Learn more.
Philip Morris International Inc's Dividend Analysis
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Philip Morris Reaffirms Full-year EPS Forecast - Quick Facts
Philip Morris International Inc. (PM)
16 States With the Most Expensive Cigarettes in the US
20 States with the Highest Rates of Smoking in America
See More Headlines
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Company Calendar

Ex-Dividend for 10/12 Dividend
9/26/2023
Dividend Payable
10/12/2023
Last Earnings
10/19/2023
Ex-Dividend for 1/10 Dividend
12/20/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/10/2024
Next Earnings (Estimated)
2/08/2024

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
79,800
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$109.27
High Stock Price Target
$120.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+16.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$9.05 billion
Pretax Margin
12.71%

Debt

Sales & Book Value

Annual Sales
$80.67 billion
Cash Flow
$6.77 per share
Book Value
($4.07) per share

Miscellaneous

Outstanding Shares
1,552,410,000
Free Float
1,550,388,000
Market Cap
$146.05 billion
Optionable
Optionable
Beta
0.77

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Key Executives

  • Mr. Andre Calantzopoulos (Age 65)
    Executive Chairman of the Board
  • Mr. Jacek OlczakMr. Jacek Olczak (Age 58)
    CEO & Director
    Comp: $6.02M
  • Mr. Emmanuel Babeau (Age 56)
    Chief Financial Officer
    Comp: $3.54M
  • Mr. Frederic de Wilde (Age 56)
    President of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region
    Comp: $2.28M
  • Mr. Stefano Volpetti (Age 51)
    President of Smoke-Free Inhalable Products & Chief Consumer Officer
    Comp: $2.31M
  • Mr. Frank De Rooij (Age 57)
    Vice President of Treasury & Corporate Finance














PM Stock Analysis - Frequently Asked Questions

Should I buy or sell Philip Morris International stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PM shares.
View PM analyst ratings
or view top-rated stocks.

What is Philip Morris International's stock price target for 2024?

10 brokerages have issued 12-month target prices for Philip Morris International's shares. Their PM share price targets range from $90.00 to $120.00. On average, they predict the company's stock price to reach $109.27 in the next twelve months. This suggests a possible upside of 16.1% 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 2023?

Philip Morris International's stock was trading at $101.21 at the beginning of 2023. Since then, PM shares have decreased by 7.0% and is now trading at $94.08.
View the best growth stocks for 2023 here
.

When is Philip Morris International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our PM earnings forecast
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) posted its quarterly earnings data on Thursday, October, 19th. The company reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.62 by $0.05. The firm had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.21 billion. Philip Morris International had a negative trailing twelve-month return on equity of 129.48% and a net margin of 9.62%. The firm's quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.53 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 Thursday, December 7th. Shareholders of record on Thursday, December 21st will be paid a dividend of $1.30 per share on Wednesday, January 10th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date is Wednesday, December 20th.
Read our dividend analysis for PM
.

Is Philip Morris International a good dividend stock?

Philip Morris International (NYSE:PM) pays an annual dividend of $5.20 per share and currently has a dividend yield of 5.53%. 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 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 100.97%. 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 79.75% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PM.

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

Philip Morris International issued an update on its FY 2023 earnings guidance on Monday, December, 11th. The company provided earnings per share (EPS) guidance of 6.050-6.080 for the period, compared to the consensus EPS estimate of 6.110. 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).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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..
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This page (NYSE:PM) was last updated on 12/31/2023 by MarketBeat.com Staff

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