Philip Morris International Inc. (PM)
| Market Cap | 150.43B |
| Revenue (ttm) | 79.75B |
| Net Income (ttm) | 8.87B |
| Shares Out | 1.56B |
| EPS (ttm) | 5.74 |
| PE Ratio | 16.88 |
| Forward PE | 14.35 |
| Dividend | $4.85 (5.01%) |
| Ex-Dividend Date | Sep 28, 2021 |
| Volume | 3,310,160 |
| Open | 96.54 |
| Previous Close | 96.52 |
| Day's Range | 96.22 - 97.29 |
| 52-Week Range | 65.44 - 105.21 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 110.02 (+13.6%) |
| Est. Earnings Date | n/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...
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 StatementsAnalyst 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.
News
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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.
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.
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?
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...
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...
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.
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.
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...
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.
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...
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).
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...
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.
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...
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
Here's My Top Value Stock to Buy Right Now
Philip Morris International's stock offers a compelling combination of value and growth prospects.
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
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.
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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.