Philip Morris International Inc. (PM)
| Market Cap | 192.50B |
| Revenue (ttm) | 37.22B |
| Net Income (ttm) | 9.81B |
| Shares Out | 1.55B |
| EPS (ttm) | 6.30 |
| PE Ratio | 19.65 |
| Forward PE | 17.78 |
| Dividend | $5.40 (4.36%) |
| Ex-Dividend Date | Dec 26, 2024 |
| Volume | 5,962,962 |
| Open | 122.38 |
| Previous Close | 121.59 |
| Day's Range | 122.22 - 124.19 |
| 52-Week Range | 87.82 - 134.15 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 128.04 (+3.42%) |
| Earnings Date | Feb 6, 2025 |
About 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 incorporat... [Read more]
Financial Performance
In 2023, PM's revenue was $35.17 billion, an increase of 10.74% compared to the previous year's $31.76 billion. Earnings were $7.79 billion, a decrease of -13.66%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for PM stock is "Buy." The 12-month stock price forecast is $128.04, which is an increase of 3.42% from the latest price.
News
Philip Morris's Zyn nicotine pouch isn't safe, but FDA gives OK to marketing it
Shares of Philip Morris extended their recent bounce Thursday after the U.S. Food and Drug Administration authorized the marketing of 20 of the tobacco company's Zyn nicotine pouches.
The Best Defensive Stocks To Hedge Against Market Uncertainty
2025 has kicked off with an air of uncertainty as investors wait to see how Donald Trump's economic agenda will impact inflation. A potential bear market presents opportunities to reassess portfolios ...
Philip Morris: Shift To Smoke-Free Sparks Steady Dividend Growth
Philip Morris International aims to be 66% smoke-free by 2030, leveraging high-margin smoke-free products to mitigate regulatory risks and boost profits. PM's acquisition of Swedish Match and US IQOS ...
Philip Morris Continues To Be A Top Dividend Idea Yielding Around 4.5%
Philip Morris (PM) outperformed the S&P 500 in 2024, driven by strong financials, a 4.5% dividend yield, and consistent cash generation exceeding $10 billion annually. Despite regulatory risks, PM's d...
If I Could Only Buy 2 High Dividend Yield Companies In December 2024: Both Yield Above 7%
I will demonstrate why I believe that Altria and BB Seguridade Participações S.A. could be attractive additions to your dividend portfolio. Both companies have an attractive Valuation, combine dividen...
Philip Morris to pay $1.2 mln to settle probe into flavored tobacco ban violation
Tobacco giant Philip Morris International's subsidiary Swedish Match North America(SMNA) will pay $1.2 million to settle an investigation into violations of Washington D.C.'s flavored tobacco ban.
Altria Is Better Than Philip Morris Per The 10xEBT Rule
This article explains why I like MO better than PM, following the so-called rule of 10xEBT (earnings before taxes). MO features a lower EBT multiple (only about 8.1x of its FWD EBT) than PM (about 15x...
Philip Morris International Declares Regular Quarterly Dividend of $1.35 Per Share
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE: PM) today declared a regular quarterly dividend of $1.35 per common share, payable on ...
Philip Morris Continues To Reward Shareholders
Philip Morris International's strong Q3 2024 results show 2.9% organic shipment volume growth and double-digit revenue increase, highlighting its resilience in a tough market. The company's smoke-free...
Philip Morris International Marks a Decade of IQOS—a Milestone in the Journey to a Smoke-Free Future
STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) marks the 10th anniversary of the introduction of its leading smoke-free product, IQOS. The launch of this smoke-free i...
The Ministry of the Interior and Safety in Korea Promotes its Support Services for Households in crisis with Philip Morris Korea
SEOUL, Korea, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Ministry of the Interior and Safety in Korea is taking a significant step to support households in crisis by collaborating with Philip Morris Korea....
Philip Morris: Market Dominance In Smoke-Free Products Driving A Compelling Growth Story
Philip Morris International is a wide-moat stock with significant upside due to its best-in-class smoke-free product portfolio and international exposure. The company's acquisition of Swedish Match an...
Dividend Income: Lanny's October 2024 Summary
Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, s...
FDA Reauthorizes Swedish Match's General snus as a Modified Risk Tobacco Product
STAMFORD, Conn.--(BUSINESS WIRE)--The U.S. Food and Drug Administration (FDA) authorized a renewal of a risk modification order submitted by Swedish Match USA, Inc. (Swedish Match), an affiliate of Ph...
4 October Dividend Raises: Biggest 10.6% From Mondelez, Largest Yield From Altria 7.5%.
Dividend Raises: Four companies in my "Rose's Income Garden" portfolio raised dividends, with Mondelez leading at 10.6% and Altria offering the highest yield at 7.5%. Investment Analysis: Philip Morri...
Philip Morris: King Of The Tobacco Jungle - Minimal Upside/ Dividends Here
PM has reported another beat and raise performance in FQ3'24, with it contributing to the immense rally observed in its stock prices. Much of its tailwinds are attributed to the growing combustibles v...
Philip Morris: The Strategy Is Finally Paying Off
Philip Morris's strategic pivot to less toxic tobacco products, including ZYN nicotine pouches, is paying off. ZYN's popularity is surging despite regulatory scrutiny and supply constraints. Nicotine ...
Philip Morris: This 4% Yield Is A Hold
Philip Morris International hit a new all-time high after a strong Q3 earnings report, driven by double-digit net revenue growth and raised FY 2024 guidance. The company's non-traditional products, es...
Philip Morris' Q3 Driven By Smoke-Free Products Amid Rising Market Share In Key Regions: Analyst Forecasts Growth Across IQOS And ZYN Brands
Stifel analyst Matthew E. Smith reiterated a Buy rating on Philip Morris International Inc PM, raising the price forecast to $145 from $138.
Philip Morris International Pops; Yield Drops
PM reported its eleventh earnings triple play in its history and the first since February 2023. Given the size of yesterday's move higher, PM's dividend yield dropped from 4.54% on Monday to 4.15% on ...
Huge sales of the nicotine patch Zyn have sent Philip Morris's stock to an all-time high
Philip Morris International stock surged 10% after strong Q3 revenue and profit guidance. Zyn nicotine pouch sales grew 41% in the US in the third quarter.
Philip Morris' Raised Guidance Suggests Good Visibility: Goldman Sachs Analyst
On Tuesday, Philip Morris International Inc. PM reported third-quarter revenue of $9.91 billion, up 8.4% year over year, beating the consensus of $9.69 billion.
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
The company's stock was tracking for a record close and clinched a fresh intraday record.
Philip Morris Stock Surges to All-Time High on Better-Than-Expected Earnings, Outlook
Philip Morris International (PM) shares climbed to an all-time high Tuesday after the tobacco giant posted better-than-expected results and raised its outlook on soaring demand for its non-cigarette p...
Philip Morris International Inc. (PM) Q3 2024 Earnings Call Transcript
Philip Morris International Inc. (NYSE:PM) Q3 2024 Earnings Conference Call October 22, 2024 9:00 AM ET Company Participants James Bushnell – Vice President-Investor Relations and Financial Communica...