Philip Morris International Inc. (PM)

NYSE: PM · IEX Real-Time Price · USD

101.64

+0.39 (0.39%)

At close: Jul 2, 2024, 4:00 PM

101.63

-0.01 (-0.01%)

After-hours: Jul 2, 2024, 7:33 PM EDT

0.39% (1D)

Market Cap	158.01B
Revenue (ttm)	35.95B
Net Income (ttm)	7.97B
Shares Out	1.55B
EPS (ttm)	5.12
PE Ratio	19.85
Forward PE	15.10
Dividend	$5.20 (5.12%)
Ex-Dividend Date	Jun 21, 2024

Volume	2,898,443
Open	101.29
Previous Close	101.25
Day's Range	101.11 - 101.94
52-Week Range	87.23 - 104.90
Beta	0.60
Analysts	Buy
Price Target	102.13 (+0.48%)
Earnings Date	Jul 23, 2024

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]

Industry Tobacco

Sector Consumer Staples

CEO Jacek Olczak

Employees 82,700

Stock Exchange NYSE

Ticker Symbol PM

Full Company Profile

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 $7.81 billion, a decrease of -13.65%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for PM stock is "Buy." The 12-month stock price forecast is $102.13, which is an increase of 0.48% from the latest price.

Price Target

$102.13

(0.48% upside)

Analyst Consensus: Buy

Stock Forecasts

News

Swedish Match USA, Inc. Presents to U.S. Food and Drug Administration Advisory Committee to Renew Modified Risk Claim for General Snus

STAMFORD, CT.--(BUSINESS WIRE)--Experts from Swedish Match USA, Inc., an affiliate of Philip Morris International Inc. (NYSE: PM) (PMI), presented to the Tobacco Products Scientific Advisory Committee...

1 day ago - Business Wire

Stocks To Watch: Chegg, Philip Morris and Fisker

Bloomberg's Carmen Reinicke covers the stocks making big moves today. She speaks with Alix Steel and Paul Sweeney on Bloomberg Radio.

Other symbols: CHGG

14 days ago - Bloomberg Markets and Finance

Philip Morris International: District of Columbia Subpoena

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Swedish Match North America LLC (“SMNA”), a Philip Morris International Inc. (“PMI” or “Company”) affiliate acquired in November 2022, has received a su...

15 days ago - Business Wire

Why America Is Running Low on Zyn Nicotine Pouches

America's favorite nicotine pouch has become so popular that its factory can't churn out the product fast enough.

20 days ago - WSJ

Philip Morris International to Fund Law Clinics in Expansion of the Organization's U.S. Veterans Program

STAMFORD, Conn.--(BUSINESS WIRE)--Philip Morris International (PMI) today announced a renewed commitment of over $3 million to support the veterans community nationwide this year. The strategy is info...

20 days ago - Business Wire

Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.30 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 $1.30 per common share, payable on ...

25 days ago - Business Wire

Philip Morris International Announces August 8 Concert to Benefit Connecticut's Military Veterans

STAMFORD, Conn.--(BUSINESS WIRE)--Today, as part of its continued community support, Philip Morris International (PMI) announced a charity concert in Stamford, Conn., to benefit leading workforce deve...

26 days ago - Business Wire

Philip Morris International Tops Forbes' 2024 Net Zero Leaders List

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) has ranked first in Forbes' 2024 Net Zero Leaders ranking,1 which highlights the 100 U.S. public companies best positio...

4 weeks ago - Business Wire

Philip Morris International Presents at 2024 Deutsche Bank Global Consumer Conference

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.'s (PMI) (NYSE: PM) Chief Financial Officer, Emmanuel Babeau, will address investors today at the 2024 Deutsche Bank Glo...

4 weeks ago - Business Wire

Philip Morris International to Host Webcast of Presentation at 2024 Deutsche Bank Global Consumer Conference

STAMFORD, Conn.--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live webcast of the company's remarks and Q&A session with Emmanuel Babeau, Chief Finan...

5 weeks ago - Business Wire

Stifel analyst weighs in on Phillip Morris' smoke-free products

Matthew Smith, Stifel analyst, joins 'The Exchange' to discuss Philip Morris' smoke-free products, potential political headwinds, and how they will impact consumers.

5 weeks ago - CNBC Television

Philip Morris International Announces the Acquisition of a Minority Stake in Egypt-Based Eastern Company

CAIRO, Egypt--(BUSINESS WIRE)--Philip Morris International Announces the Acquisition of a Minority Stake in Egypt-Based Eastern Company.

5 weeks ago - Business Wire

Is Philip Morris Stock A Better Pick Over Union Pacific?

Given its better prospects, we believe Philip Morris stock (NYSE: PM) is a better pick than Union Pacific stock (NYSE: UNP). Although these companies are from different sectors, they share similar mar...

Other symbols: UNP

5 weeks ago - Forbes