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

8 Wall Street equities research 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 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PM shares.
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8 Wall Street analysts have issued 1-year price targets for Philip Morris International's shares. Their PM share price targets range from $86.50 to $117.00. On average, they predict the company's stock price to reach $107.39 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price.
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Philip Morris International's stock was trading at $94.08 on January 1st, 2024. Since then, PM shares have decreased by 5.3% and is now trading at $89.12.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
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Philip Morris International Inc. (NYSE:PM) announced its earnings results on Thursday, February, 8th. The company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.44 by $0.08. The business earned $9.05 billion during the quarter, compared to analyst estimates of $8.99 billion. Philip Morris International had a negative trailing twelve-month return on equity of 116.29% and a net margin of 10.80%. The business's revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 earnings per share.
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Philip Morris International announced a quarterly dividend on Thursday, December 7th. Shareholders of record on Thursday, December 21st will be given a dividend of $1.30 per share on Wednesday, January 10th. This represents a $5.20 annualized dividend and a dividend yield of 5.83%. The ex-dividend date of this dividend is Wednesday, December 20th.
Read our dividend analysis for PM.

Philip Morris International (NYSE:PM) pays an annual dividend of $5.20 per share and currently has a dividend yield of 5.83%. 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 103.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PM will have a dividend payout ratio of 72.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PM.

ETFs with the largest weight of Philip Morris International (NYSE:PM) stock in their portfolio include iShares U.S. Consumer Staples ETF (IYK), Cambria Cannabis ETF (TOKE), First Trust Morningstar Dividend Leaders Index (FDL), Constrained Capital ESG Orphans ETF (ORFN), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Fidelity MSCI Consumer Staples Index ETF (FSTA), Vanguard Consumer Staples ETF (VDC) and Invesco S&P Ultra Dividend Revenue ETF (RDIV).

Philip Morris International issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 6.320-6.440 for the period, compared to the consensus EPS estimate of 6.600. The company issued revenue guidance of -.

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.

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's stock is owned by a number of retail and institutional investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.86%), Mitsubishi UFJ Asset Management Co. Ltd. (0.67%), Ninety One UK Ltd (0.61%), First Eagle Investment Management LLC (0.58%), Federated Hermes Inc. (0.47%) and Boston Partners (0.34%). Insiders that own company stock include Andre Calantzopoulos, Drago Azinovic, Mario Masseroli, Martin G King, Stacey Kennedy, Werner Barth and Wilde Frederic De.
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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.
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