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Philip Morris International Inc. (PM)

Stock Price: $98.40 USD 1.16 (1.19%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
After-hours: $98.11 -0.29 (-0.30%) Jul 23, 7:55 PM
Market Cap 153.36B
Revenue (ttm) 77.15B
Net Income (ttm) 8.65B
Shares Out 1.56B
EPS (ttm) 5.67
PE Ratio 17.35
Forward PE 16.21
Dividend $4.77
Dividend Yield 4.85%
Trading Day July 23
Last Price $98.40
Previous Close $97.24
Change ($) 1.16
Change (%) 1.19%
Day's Open 97.76
Day's Range 97.34 - 98.74
Day's Volume 2,204,865
52-Week Range 66.24 - 100.53

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Philip Morris International Inc. (NYSE: PM) shares have weakened from their recent highs above $100, and the current price stands around $96. Philip Morris reported its second-quarter results yesterday ...

2 days ago - Invezz

Despite a rise of more than 60% from its March 2020 lows, Philip Morris stock still looks slightly undervalued. PM stock has rallied from $61 to $99 off its recent bottom as against the S&P 500 which in...

3 days ago - Forbes

Philip Morris CEO Jacek Olczak defended the tobacco company's plans to buy an inhaler maker, saying nothing will stop its efforts to "leave smoking behind."

3 days ago - CNBC

Philip Morris CEO on the company's Q2 earnings and recovery

YouTube video

Jacek Olczak, Philip Morris CEO, joins 'Closing Bell' to discuss the company's earnings miss, if he sees business rebounding as the economy reopens and the company's future. For access to live and exclu...

3 days ago - CNBC Television

Philip Morris' (PM) second-quarter performance reflects gains from growth in revenues from combustible and RRPs categories as well as favorable pricing variance in several markets.

3 days ago - Zacks Investment Research

Philip Morris International Inc. (NYSE:PM) shares are trading lower after the company reported worse-than-expected Q2 sales. The company reported second-quarter sales results of $7.59 billion, which mis...

3 days ago - Benzinga

Philip Morris (PM) delivered earnings and revenue surprises of 1.95% and -3.14%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 days ago - Zacks Investment Research

Philip Morris International Inc (NYSE: PM) reported second-quarter FY21 net revenue growth of 14.2% year-on-year to $7.59 billion and adjusted net revenues growth of 17.9% to $7.84 billion, versus the a...

4 days ago - Benzinga

NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (NYSE:PM) today announces its 2021 second-quarter results. Growth rates presented in this press release on an organic basis r...

4 days ago - Business Wire

Philip Morris Intl (NYSE:PM) unveils its next round of earnings this Tuesday, July 20. Get prepared with Benzinga's ultimate preview for Philip Morris Intl's Q2 earnings.

5 days ago - Benzinga

Two purchases this month point this global cigarette company in a new direction.

5 days ago - The Motley Fool

With the first week of the June-quarter earnings season behind us, we are looking ahead to what the coming week has in store.

Other stocks mentioned: HAL, HCA
1 week ago - 24/7 Wall Street

Philip Morris (PM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 week ago - Zacks Investment Research

Philip Morris' (PM) second-quarter 2021 results are likely to reflect solid pricing power and strength in reduced risk products. However, duty-free business is likely to show weakness.

1 week ago - Zacks Investment Research

Britain's business minister has tasked the government with keeping tabs on Marlboro maker Philip Morris International Inc's (NYSE: PM) proposed takeover of U.K-based inhalation-focused CDMO Vectura.  Bu...

1 week ago - Benzinga

These income-generating stocks are poised to deliver.

Other stocks mentioned: MBT, NLY
1 week ago - The Motley Fool

British Business Minister Kwasi Kwarteng has asked officials to monitor drugmaker Vectura Group PLC's proposed takeover by U.S. tobacco group Philip Morris International Inc, the Times newspaper reporte...

1 week ago - Reuters

Philip Morris (PM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (NYSE: PM) will host a live audio webcast on www.pmi.com/2021Q2earnings on Tuesday, July 20, 2021, at 9:00 a.m. ET to discuss...

1 week ago - Business Wire

John Rogers (Trades, Portfolio), leader of Ariel Investments, disclosed last week his firm made changes to its portfolio on June 30.

Other stocks mentioned: BIDU, CPIX, GLAE, MIND, MSFT, MSGE
1 week ago - GuruFocus

Reopening stocks and financials were some of the day's biggest gainers.

Other stocks mentioned: AAL, CCL, DFS, GS, JPM, STMP
2 weeks ago - Kiplinger

Marlboro cigarette maker Philip Morris International Inc. (NYSE: PM) announced Friday a deal that would give a further thrust to its "Beyond Nicotine" strategy. The Philip Morris-Vectura Deal Terms: New...

2 weeks ago - Benzinga

Philip Morris International Inc (NYSE: PM) said on Friday it will buy Vectura Group plc (LON: VEC) for £1.05 billion as part of its push to expand its products portfolio beyond nicotine. The Marlboro ci...

2 weeks ago - Invezz

Cigarette maker Philip Morris International Inc said on Friday it will buy Vectura Group in a deal valuing the British pharmaceutical company at 1.05 billion pounds ($1.44 billion) as it expands beyond ...

2 weeks ago - Reuters

NEW YORK--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) announced today it has agreed with the board of Vectura Group plc (Vectura) (LSE: VEC) on the terms of an all-cash, recommend...

2 weeks ago - Business Wire

Philip Morris (PM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 weeks ago - Zacks Investment Research

Philip Morris (PM) is expected to complete the acquisition of Fertin Pharma by fourth-quarter fiscal 2021. The move is likely to help its innovation capabilities in the oral delivery platform.

3 weeks ago - Zacks Investment Research

Philip Morris International Inc (NYSE: PM) has agreed to acquire Fertin Pharma, a Denmark-based developer and manufacturer of pharmaceutical and well-being products. The enterprise value of the deal is ...

3 weeks ago - Benzinga

LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Announces Agreement to Acquire Fertin Pharma

3 weeks ago - Business Wire

Philip Morris (PM) is gaining from rising popularity of IQOS devices. Additionally, pricing power, especially for combustible products, is an upside.

3 weeks ago - Zacks Investment Research

Benzinga's weekly Stock Wars matches up two leaders in a major industry sector, with the goal of allowing readers to decide which company is the better investment. This week, the duel is between two tob...

Other stocks mentioned: MO
3 weeks ago - Benzinga

General Motors and Philip Morris International offer outstanding value in their respective industries.

Other stocks mentioned: GM
3 weeks ago - The Motley Fool

LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) is calling for public and private representatives to jointly combat illicit trade as a new report produced by KP...

1 month ago - Business Wire

Philip Morris (PM) unveils shifting of its corporate headquarters to Connecticut, which is likely to speed up its transformation toward a smoke-free future.

1 month ago - Zacks Investment Research

Cigarette and tobacco manufacturer Philip Morris International Inc (NYSE: PM) said it is relocating its corporate headquarters to Connecticut from New York. The move is expected to bring about 200 jobs ...

1 month ago - Benzinga

NEW YORK--(BUSINESS WIRE)--Philip Morris International Relocates Corporate Headquarters to Connecticut

1 month ago - Business Wire

During this unsettled time, there are some great deals on great blue-chip stocks. Here are eight to consider buying now.

Other stocks mentioned: CAT, DE, DHR, GOOG, TGT, TSM, UPS ...
1 month ago - InvestorPlace

Despite rising almost 64% from its March 2020 lows, Philip Morris stock still appears to have some upside remaining. PM stock has rallied from $61 to $100 off its recent bottom as against the S&P 500 wh...

1 month ago - Forbes

NEW YORK--(BUSINESS WIRE)--Philip Morris International Organizes for Continued Innovation: Deepak Mishra Named President, Americas Region

1 month ago - Business Wire

Buyers continue to control the Street. With that trend in mind, here are three top stock trades for investors to play this week.

Other stocks mentioned: BX, FTCH
1 month ago - InvestorPlace

Philip Morris (PM) approves a new share buyback plan of up to $7 billion and announces a quarterly dividend. Solid pricing power and strength in RRPs are key growth drivers for the company.

1 month ago - Zacks Investment Research

Solid pricing as well as growth in low-risk tobacco alternatives are favoring performance of tobacco players such as Philip Morris (PM), Altria (MO) and Vector Group (VGR).

Other stocks mentioned: MO, VGR
1 month ago - Zacks Investment Research

Tobacco manufacturer Philip Morris International Inc (NYSE: PM) announced a new share repurchase program of up to $7 billion. Philip Morris plans to make targeted spending of $5 billion to $7 billion ov...

1 month ago - Benzinga

NEW YORK--(BUSINESS WIRE)--Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE:PM) today authorized a new share repurchase program of up to $7 billion, with target spending...

1 month ago - Business Wire

These rock-solid income stocks are currently doling out a 4.4% to 7.7% yield to income-hungry investors.

Other stocks mentioned: AGNC, EPD, IBM, VZ
1 month ago - The Motley Fool

LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) is calling for applications for the third funding round of PMI IMPACT, the global initiative supporting projects...

1 month ago - Business Wire

3 Tobacco Stocks to Watch for Gains in a Challenging Industry

Other stocks mentioned: MO, VGR
1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--PMI today launched a public education initiative entitled United to Safeguard America from Illegal Trade (USA-IT) to combat black market trade.

1 month ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.'s (NYSE:PM) Chief Financial Officer, Emmanuel Babeau, will address investors today at the Deutsche Bank Global Consumer Confe...

1 month ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.'s (NYSE:PM) Chief Executive Officer, Jacek Olczak, Chief Financial Officer, Emmanuel Babeau, and Chief Sustainability Officer...

1 month ago - Business Wire

About PM

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, and Parliament HeatSticks brands, as well as under the Fiit and Miix licensed brands. It also sells its produc... [Read more...]

Industry
Tobacco
CEO
Andre Calantzopoulos
Employees
71,000
Stock Exchange
NYSE
Ticker Symbol
PM
Full Company Profile

Financial Performance

In 2020, Philip Morris's revenue was $76.05 billion, a decrease of -2.40% compared to the previous year's $77.92 billion. Earnings were $8.06 billion, an increase of 12.12%.

Financial Statements

Analyst Forecasts

According to 20 analysts, the average rating for Philip Morris stock is "Buy." The 12-month stock price forecast is 108.07, which is an increase of 9.83% from the latest price.

Price Target
$108.07
(9.83% upside)
Analyst Consensus: Buy