NYSE:PM Philip Morris International (PM) Stock Price, News & Analysis $120.96 -2.27 (-1.84%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Philip Morris International Stock (NYSE:PM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$120.39▼$123.0050-Day Range$105.00▼$127.4552-Week Range$87.23▼$128.22Volume8.39 million shsAverage Volume5.33 million shsMarket Capitalization$188.04 billionP/E Ratio23.63Dividend Yield4.46%Price Target$117.05Consensus RatingModerate Buy Company OverviewPhilip 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.Read More… War on Elon Escalates… (Ad)Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.Click here to learn how you can benefit from its widespread distribution. Philip Morris International Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 83rd PercentilePhilip Morris International scored higher than 83% of companies evaluated by MarketBeat, and ranked 29th out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingPhilip Morris International has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoveragePhilip Morris International has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Philip Morris International's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth9.92% Earnings GrowthEarnings for Philip Morris International are expected to grow by 9.92% in the coming year, from $6.45 to $7.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Philip Morris International is 23.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Philip Morris International is 23.63, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.46.Price to Earnings Growth RatioPhilip Morris International has a PEG Ratio of 2.45. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Philip Morris International's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.66% of the float of Philip Morris International has been sold short.Short Interest Ratio / Days to CoverPhilip Morris International has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Philip Morris International has recently increased by 6.91%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipPhilip Morris International is a leading dividend payer. It pays a dividend yield of 4.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPhilip Morris International has been increasing its dividend for 17 years.Dividend CoverageThe dividend payout ratio of Philip Morris International is 105.47%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Philip Morris International will have a dividend payout ratio of 76.16% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.Read more about Philip Morris International's dividend. Sustainability and ESG0.0 / 5Environmental Score-4.58 Percentage of Shares Shorted0.66% of the float of Philip Morris International has been sold short.Short Interest Ratio / Days to CoverPhilip Morris International has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Philip Morris International has recently increased by 6.91%, indicating that investor sentiment is decreasing significantly. News and Social Media2.7 / 5News Sentiment0.87 News SentimentPhilip Morris International has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Philip Morris International this week, compared to 14 articles on an average week.Search InterestOnly 31 people have searched for PM on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Philip Morris International to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 $3,298,350.00 in company stock.Percentage Held by InsidersOnly 0.13% of the stock of Philip Morris International is held by insiders.Percentage Held by Institutions78.63% 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.Read more about Philip Morris International's insider trading history. PM Stock News HeadlinesHere’s Why Philip Morris International (PM) Gained in Q2September 17 at 6:50 PM | msn.comPhilip Morris to sell stake in pharma unit Vectura for $198 mlnSeptember 17 at 9:21 AM | reuters.comCentral Bank Abandons USDStartling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold. September 18, 2024 | True Gold Republic (Ad)Vectura Fertin Pharma, Inc., a Subsidiary of Philip Morris International, Announces Agreement for Sale of Vectura Group to MolexSeptember 17 at 9:04 AM | businesswire.comPhilip Morris Just Hiked Its Dividend, But It's Not EnoughSeptember 14, 2024 | seekingalpha.comPhilip Morris International Increases Dividend by 3.8% to Annualized Rate of $5.40 per ShareSeptember 12, 2024 | finance.yahoo.comIs Philip Morris International Inc. (PM) the Best Defensive Stock According to Reddit?September 12, 2024 | msn.comLooking At Philip Morris Intl's Recent Unusual Options ActivitySeptember 11, 2024 | benzinga.comSee More Headlines PM Stock Analysis - Frequently Asked Questions How have PM shares performed this year? Philip Morris International's stock was trading at $94.08 on January 1st, 2024. Since then, PM shares have increased by 28.6% and is now trading at $120.96. View the best growth stocks for 2024 here. How were Philip Morris International's earnings last quarter? Philip Morris International Inc. (NYSE:PM) issued its quarterly earnings results on Tuesday, July, 23rd. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.02. The firm's quarterly revenue was up 5.6% on a year-over-year basis. Read the conference call transcript. Does Philip Morris International have any subsidiaries? Philip Morris International subsidiaries include these companies: Productora Tabacalera de Colombia, Swedish Match (South Africa), Rothmans LLP, Lakson Tobacco Company Limited (Philip Morris International), Rocker Producuction AB, Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, and more. Who are Philip Morris International's major shareholders? Top institutional investors of Philip Morris International include Bank of New York Mellon Corp (0.85%), First Eagle Investment Management LLC (0.69%), Legal & General Group Plc (0.67%) and Ninety One UK Ltd (0.61%). Insiders that own company stock include Andre Calantzopoulos, Wilde Frederic De, Werner Barth, Massimo Andolina, Stacey Kennedy and Reginaldo Dobrowolski. View institutional ownership trends. 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. What other stocks do shareholders of Philip Morris International own? Based on aggregate information from My MarketBeat watchlists, some other companies that Philip Morris International investors own include Altria Group (MO), AT&T (T), AbbVie (ABBV), Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ). Company Calendar Ex-Dividend for 7/8 Dividend6/21/2024Dividend Payable7/08/2024Last Earnings7/23/2024Today9/18/2024Ex-Dividend for 10/10 Dividend9/26/2024Dividend Payable10/10/2024Next Earnings (Confirmed)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Cigarettes Sub-IndustryTobacco Current SymbolNYSE:PM CUSIP71817210 CIK1413329 Webwww.pmi.com Phone(203) 905-2410FaxN/AEmployees82,700Year Founded2008Price Target and Rating Average Stock Price Target$117.05 High Stock Price Target$145.00 Low Stock Price Target$87.50 Potential Upside/Downside-3.2%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.12 Trailing P/E Ratio23.63 Forward P/E Ratio18.75 P/E Growth2.45Net Income$7.81 billion Net Margins9.41% Pretax Margin12.34% Return on Equity-113.32% Return on Assets14.71% Debt Debt-to-Equity RatioN/A Current Ratio0.94 Quick Ratio0.52 Sales & Book Value Annual Sales$36.45 billion Price / Sales5.16 Cash Flow$7.11 per share Price / Cash Flow17.01 Book Value($6.08) per share Price / Book-19.89Miscellaneous Outstanding Shares1,554,557,000Free Float1,552,536,000Market Cap$188.04 billion OptionableOptionable Beta0.55 Social Links Should I Buy Philip Morris International Stock? PM Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these Philip Morris International pros and cons to contact@marketbeat.com. Philip Morris International Bull Case Here are some ways that investors could benefit from investing in Philip Morris International Inc.: Philip Morris International Inc. stock price has been steadily increasing, reaching $126.75 on Tuesday, which indicates positive momentum in the market. Analysts have raised the price target for Philip Morris International Inc., with a consensus rating of "Moderate Buy" and a consensus price target of $117.05, suggesting potential for growth. Recent insider trading activities show that corporate insiders are selling shares, which could indicate confidence in the company's future performance. Philip Morris International Inc. reported strong quarterly earnings data, beating EPS estimates and showing revenue growth, which could attract investor interest. Positive analyst ratings, including upgrades to "buy" and "overweight," indicate favorable market sentiment towards Philip Morris International Inc. Philip Morris International Bear Case Investors should be bearish about investing in Philip Morris International Inc. for these reasons: Philip Morris International Inc. has a negative return on equity of 113.32%, which may raise concerns about the company's financial health and profitability. The stock's price-to-earnings ratio of 24.65 and price-to-earnings growth ratio of 2.45 may indicate that the stock is overvalued, potentially leading to limited upside for investors. While revenue has shown growth, the net margin of 9.41% may be considered low compared to industry peers, impacting the company's overall profitability. The beta of 0.55 suggests that Philip Morris International Inc. stock is less volatile than the market average, which could limit potential returns for investors seeking higher risk-reward opportunities. Despite positive analyst ratings, one analyst has rated the stock as a sell, indicating differing opinions on the company's future performance and potential risks involved. This page (NYSE:PM) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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