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Philip Morris International Inc. (PM)

NYSE: PM · IEX Real-Time Price · USD
96.88 0.36 (0.37%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap150.43B
Revenue (ttm)79.75B
Net Income (ttm)8.87B
Shares Out1.56B
EPS (ttm)5.74
PE Ratio16.88
Forward PE14.35
Dividend$4.85 (5.01%)
Ex-Dividend DateSep 28, 2021
Volume3,310,160
Open96.54
Previous Close96.52
Day's Range96.22 - 97.29
52-Week Range65.44 - 105.21
Beta0.88
AnalystsBuy
Price Target110.02 (+13.6%)
Est. Earnings Daten/a

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...

IndustryTobacco
CEOAndre Calantzopoulos
Employees71,000
Stock ExchangeNYSE
Ticker SymbolPM
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 Forecast

According to 19 analysts, the average rating for Philip Morris stock is "Buy." The 12-month stock price forecast is 110.02, which is an increase of 13.56% from the latest price.

Price Target
$110.02
(13.56% upside)
Analyst Consensus: Buy

News

3 High-Yield Dividend Stocks to Buy If There's a Stock Market Crash

With yields ranging from 4% to 10.3%, this trio is perfectly positioned to help income investors navigate volatility.

Other symbols:NLYWBA
2 days ago - The Motley Fool

How Has Philip Morris' Q3 Earnings Beat Impacted Staples ETFs?

Here we highlight some consumer staples ETFs with significant exposure to Philip Morris (PM) since its earnings release.

2 days ago - Zacks Investment Research

Vaping's Growth (Still) Can't Offset Smoking's Decline

E-cigarette usage is sure to gain traction, particularly in light of the FDA's announcements in October. It just doesn't matter to the tobacco industry as we know it.

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3 days ago - The Motley Fool

Philip Morris CEO on earnings, the chip shortage and how it impacts IQOS products

Jacek Olczak, Philip Morris International CEO, joins 'Closing Bell' to discuss the company's Q3 earnings report, how Philip Morris will navigate the supply chain issues.

3 days ago - CNBC Television

Philip Morris (PM) Q3 Earnings & Revenues Beat Mark, Rise Y/Y

Philip Morris' (PM) third-quarter 2021 results reflect higher earnings and revenues with favorable pricing variance being an upside.

3 days ago - Zacks Investment Research

Philip Morris (PM) Q3 Earnings and Revenues Surpass Estimates

Philip Morris (PM) delivered earnings and revenue surprises of 2.60% and 3.09%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

4 days ago - Zacks Investment Research

Marlboro-Maker Philip Morris Beats On Q3 Earnings; Tightens FY21 Adjusted EPS View

Philip Morris International Inc (NYSE: PM) reported third-quarter FY21 net revenue growth of 9.1% year-on-year to $8.12 billion, versus the analyst consensus of $7.90 billion. Net revenues improved by 7...

4 days ago - Benzinga

Philip Morris International Inc. Reports 2021 Third-Quarter Reported Diluted EPS of $1.55 and Adjusted Diluted EPS of...

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

4 days ago - Business Wire

Philip Morris (PM) Queued for Q3 Earnings: Things to Note

Philip Morris' (PM) Q3 results are likely to reflect gains from pricing as well as strength in reduced risk products. The duty-free business might have been affected by the pandemic-led uncertainties.

5 days ago - Zacks Investment Research

Philip Morris' (PM) IQOS, Beyond Nicotine Growth Plans On-Track

Philip Morris (PM) benefits from the growing market for IQOS devices globally. It is also focused on the expansion of Beyond Nicotine products to support inhaled therapeutics.

1 week ago - Zacks Investment Research

Will Philip Morris Continue To Outperform Its Rivals?

The shares of Philip Morris (NYSE: PM) currently trade at $95 per share which is more than 14% above its pre-Covid level. On the other hand, shares of Altria (NYSE: MO) are trading at $48 per share, whi...

1 week ago - Forbes

Philip Morris (PM) Reports Next Week: Wall Street Expects Earnings Growth

Philip Morris (PM) doesn't possess 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

Philip Morris International Inc. (PMI) to Host Webcast of 2021 Third-Quarter Results

NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (NYSE: PM) will host a live audio webcast on www.pmi.com/2021Q3earnings on Tuesday, October 19, 2021, at 9:00 a.m. ET, to dis...

1 week ago - Business Wire

John Rogers Slims Meredith as Merger Approaches

John Rogers (Trades, Portfolio)' Ariel Investment has slimmed down its Meredith Corp. ( MDP , Financial) holding by 31.99%, according to Real-Time Picks, a Premium feature of GuruFocus.

Other symbols:BIDUGTNIACLAZMDP
2 weeks ago - GuruFocus

3 Tobacco Stocks to Watch Out For on RRPs and Pricing Gains

The Zacks Tobacco industry gains from reduced-risk products and solid pricing. Such upsides have been benefiting companies like Philip Morris (PM), Altria (MO) and Turning Point Brands (TPB).

Other symbols:MOTPB
2 weeks ago - Zacks Investment Research

Why Altria, Philip Morris Shares Are Trading Lower Today

Altria Group Inc (NYSE: MO) and Philip Morris International Inc (NYSE: PM) are trading lower Thursday after the US International Trade Commission ruled the companies must halt sales and imports of the I...

Other symbols:MO
3 weeks ago - Benzinga

Philip Morris, Altria banned from importing or selling Iqos tobacco device in the U.S.

The U.S. International Trade Commission ruled Wednesday that Philip Morris International and Altria must stop the sales and imports of their Iqos tobacco device.

Other symbols:MO
3 weeks ago - CNBC

Philip Morris International Closes New USD 2.5 Billion 5-Year Business Transformation-Linked Credit Facility

NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) announces that on September 29, 2021, the company entered into an agreement for its first financing instrume...

3 weeks ago - Business Wire

PMI Calls for Science-Based Discourse on Smoke-Free Alternatives

LAUSANNE, Switzerland--(BUSINESS WIRE)--New international survey reveals misinformation is leading to confusion about smoke-free products

3 weeks ago - Business Wire

Here's My Top Value Stock to Buy Right Now

Philip Morris International's stock offers a compelling combination of value and growth prospects.

1 month ago - The Motley Fool

Science, Innovation, and Inclusion Are Vital in Addressing the World's Most Pressing Issues, Says PMI CEO in Speech a...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Science, Innovation, and Inclusion Are Vital in Addressing the World's Most Pressing Issues, Says PMI CEO in Speech at Concordia Summit

1 month ago - Business Wire

Philip Morris (PM) Strives to Expand IQOS & Beyond Nicotine

Philip Morris (PM) is gaining from growing consumer acceptance for IQOS devices. It is on track with the expansion of Beyond Nicotine products to support inhaled therapeutics.

1 month ago - Zacks Investment Research

Got $1,000? Here Are 2 Unstoppable Dividend Stocks to Buy

Dependable and rationally valued dividend stocks are an income investor's dream.

Other symbols:JNJ
1 month ago - The Motley Fool

3 Companies Rewarding Shareholders With Higher Dividends

As a dividend growth investor, a new dividend increase is always music to my ears, as this means my investments will be throwing off more income. In this article, we will examine three companies that ju...

Other symbols:MOMSFTTXN
1 month ago - GuruFocus

Where Is Philip Morris Stock Headed?

Philip Morris stock is up 18% in the last six months and currently trades at $104 per share. Despite belonging to the defensive tobacco sector, the stock has registered impressive gains over recent months.

1 month ago - Forbes