Philip Morris International (NYSE:PM) Issues Earnings Results

Philip Morris International (NYSE:PM - Get Free Report) issued its earnings results on Thursday. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.06, Zacks reports. Philip Morris International had a negative return on equity of 120.08% and a net margin of 9.24%. Philip Morris International updated its FY 2025 guidance to 7.040-7.170 EPS and its Q1 2025 guidance to 1.580-1.630 EPS.

Philip Morris International Trading Down 0.6 %

Shares of NYSE PM traded down $0.92 during trading hours on Friday, reaching $144.40. The stock had a trading volume of 7,207,465 shares, compared to its average volume of 5,552,923. The firm has a market cap of $224.51 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 2.55 and a beta of 0.55. The firm has a 50-day moving average of $125.66 and a 200-day moving average of $123.97. Philip Morris International has a fifty-two week low of $87.82 and a fifty-two week high of $146.78.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were paid a dividend of $1.35 per share. The ex-dividend date was Thursday, December 26th. This represents a $5.40 annualized dividend and a yield of 3.74%. Philip Morris International's dividend payout ratio is currently 119.73%.

Wall Street Analyst Weigh In

PM has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of Philip Morris International from $105.00 to $120.00 and gave the stock a "sell" rating in a research report on Friday. Barclays reduced their price target on shares of Philip Morris International from $155.00 to $145.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. JPMorgan Chase & Co. upped their price objective on Philip Morris International from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Wednesday, October 23rd. Morgan Stanley initiated coverage on Philip Morris International in a research note on Thursday, January 16th. They set an "overweight" rating and a $140.00 target price for the company. Finally, Stifel Nicolaus raised their price target on Philip Morris International from $145.00 to $160.00 and gave the stock a "buy" rating in a research report on Friday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Philip Morris International has an average rating of "Moderate Buy" and a consensus target price of $134.35.

About Philip Morris International

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.