PM - Philip Morris International Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
87.73
+6.68 (+8.24%)
As of 3:58PM EDT. Market open.
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Previous Close81.05
Open84.70
Bid87.78 x 1400
Ask87.79 x 800
Day's Range84.50 - 89.45
52 Week Range64.67 - 92.74
Volume11,935,875
Avg. Volume4,611,950
Market Cap136.49B
Beta (3Y Monthly)1.00
PE Ratio (TTM)17.74
EPS (TTM)4.95
Earnings DateOct 17, 2019
Forward Dividend & Yield4.56 (5.63%)
Ex-Dividend Date2019-06-20
1y Target Est93.29
Trade prices are not sourced from all markets
  • Philip Morris International Inc (PM) Q2 2019 Earnings Call Transcript
    Motley Fool2 hours ago

    Philip Morris International Inc (PM) Q2 2019 Earnings Call Transcript

    PM earnings call for the period ending July 18, 2019.

  • Why Philip Morris Stock Surged on Thursday
    Motley Fool2 hours ago

    Why Philip Morris Stock Surged on Thursday

    Solid execution is driving strong top- and bottom-line performance for the tobacco company.

  • The 10 Biggest Consumer Staples Stocks
    Motley Fool3 hours ago

    The 10 Biggest Consumer Staples Stocks

    These companies dominate one of investors' favorite business niches.

  • Barrons.com4 hours ago

    Philip Morris Stock Surges on Strong Earnings. ‘Success Breeds Success,’ CFO Says.

    Shares of the tobacco giant are surging 7% to $86.75 on Thursday following upbeat second-quarter earnings. Chief Financial Officer Martin King told Barron’s that Philip Morris is continuing to “benefit from the momentum we’ve been building.”

  • Philip Morris Raises EPS Guidance After Impressive Q2
    Market Realist5 hours ago

    Philip Morris Raises EPS Guidance After Impressive Q2

    On Thursday, Philip Morris reported its second-quarter earnings results. It reported adjusted EPS of $1.46 on revenue of $7.70 billion.

  • Philip Morris (PM) Q2 Earnings Top Estimates, Raises View
    Zacks6 hours ago

    Philip Morris (PM) Q2 Earnings Top Estimates, Raises View

    Philip Morris' (PM) Q2 results gain from growth in heated tobacco units and favorable pricing. However, decline in cigarette shipment volumes were a drag.

  • Philip Morris (PM) Surpasses Q2 Earnings and Revenue Estimates
    Zacks8 hours ago

    Philip Morris (PM) Surpasses Q2 Earnings and Revenue Estimates

    Philip Morris (PM) delivered earnings and revenue surprises of 9.77% and 4.72%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch9 hours ago

    Philip Morris' stock jumps after earnings and revenue beat, raised profit guidance

    Shares of Philip Morris International Inc. rallied 2.2% in premarket trading Thursday, after the cigarette seller reported a second-quarter profit and revenue that beat expectations, and raised its full-year earnings guidance. Net income rose to $2.31 billion, or $1.49 a share, from $2.19 billion, or $1.41 a share, in the year-ago period. Excluding non-recurring items, adjusted EPS came in at $1.46, above the FactSet consensus of $1.32. Net revenue slipped 0.3% to $7.73 billion, to reflect negative effects of currency translation and favorable pricing variance, but was above the FactSet consensus of $7.38 billion. Total cigarettes shipment volume fell 3.6% during the quarter, as Marlboro shipments declined 1.2%, while heated tobacco units shipment volume increased 37%. The company raised its full-year EPS outlook to $4.94 from $4.87. The stock has hiked up 21.4% year to date through Wednesday, while the S&P 500 has gained 19.1%.

  • TheStreet.com9 hours ago

    Philip Morris Stock Is Smoking Hot on Earnings Beat, Raised Guidance

    Philip Morris shares were rising 6.3% Thursday morning after the cigarette maker reported second quarter top- and bottom-line beats while also raising its full year guidance. The company reported net income of $2.31 billion, or $1.46 per share on revenue that declined 0.3% to $7.73 billion. "Building on our encouraging start to the year, we delivered another strong quarter that continues to demonstrate the soundness of our strategies and the quality of our execution," said CEO André Calantzopoulos.

  • Business Wire9 hours ago

    Philip Morris International Inc. Reports 2019 Second-Quarter Reported Diluted EPS of $1.49 vs. $1.41 in 2018, Reflecting Currency-Neutral Like-for-Like Adjusted Diluted EPS Growth of 15.0%

    Increases 2019 Full-Year Reported Diluted EPS Forecast to at Least $4.94 vs. $5.08 in 2018; Reflecting Currency-Neutral Like-for-Like Adjusted Diluted EPS Gro

  • Investing.com10 hours ago

    Philip Morris Rises 5%

    Investing.com - Philip Morris (NYSE:PM) rose by 4.75% to trade at $84.90 by 09:30 (13:30 GMT) on Thursday on the NYSE exchange.

  • Investing.com13 hours ago

    Philip Morris Earnings, Revenue Beat in Q2

    Investing.com - Philip Morris (NYSE:PM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.

  • Financial Times14 hours ago

    Marlboro maker bets $100m more on alternative cigarettes

    Philip Morris International, the company behind Marlboro, is to spend another $100m this year developing its alternative to traditional cigarettes as a global marketing drive intensifies to convert smokers to a new generation of products. Martin King, chief financial officer, said on Thursday that extra funds would be deployed to accelerate innovation of the company’s IQOS product — a cigarette-like device that heats, rather than burns, tobacco. of IQOS in the US, are the latest sign of big tobacco ramping up investment to safeguard the industry’s future.

  • Why Philip Morris (PM) Might Surprise This Earnings Season
    Zacksyesterday

    Why Philip Morris (PM) Might Surprise This Earnings Season

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

  • 3 High-Yield Dividends for Value Investors
    TipRanksyesterday

    3 High-Yield Dividends for Value Investors

    Markets are high, as investors have rushed back into stocks on expectations that the Federal Reserve will cut interest rates at least once before year’s end. With bond yields already low, and lower rates in the offing, stocks are the natural place to turn. And among the stocks, high-yield dividends offer investors an additional income stream to supplement share price growth. Here we look at three stocks offering high dividend payouts. Broadcom, Inc. (AVGO)Shares in Broadcom slipped in recent sessions, when acquisition talks between the chipmaker and cyber security corporation Symantec (SYMC) broke off. Symantec ended the negotiations, saying that Broadcom’s per-share offer was too low. Both companies saw a retreat in share price; Broadcom much less.Macro factors have been more important to AVGO’s share performance than possible acquisitions. The US semiconductor industry was hit hard last month when tariff fears flared up, but that has eased since Presidents Trump and Xi met cordially at the G20 summit and announced that formal trade talks would resume.So, Broadcom is looking stable, but more attractive to investors is the company’s 3.73% dividend yield. While that percentage may not seem high, AVGO’s $284 share price makes the annualized payout $10.60. Quarterly, it pays out $2.65 per share. Even better, AVGO has a history of both consistent payouts and steady increases of the dividend. It’s a guaranteed income that nicely complements the stock’s 9% upside potential.Broadcom has gained over 13% since the beginning of June, and analysts are sanguine about the stock’s future. William Stein, of SunTrust Robinson, remains “positive on Broadcom's outstanding historical track record of value creation from its investing decisions and expects its management to continue to make intelligent capital allocation decisions.” His price target, $307, suggests an 8% upside to the stock.A look at Stein’s ratings history on Broadcom shows that he has been consistently bullish on this stock for the last year. Even better, his ratings are frequently borne out by performance – he has a 19% average return on his recommendations for AVGO shares.>>Click Here to see William Stein’s complete Analyst ProfileOverall, Broadcom holds a strong buy from the analyst consensus, based on 21 buy ratings and 6 holds assigned in the last 3 months. The stocks $311 average price target suggests room for 9.6% growth from the $284 current share price. Home Depot, Inc. (HD)Home Depot leads the big-box home improvement superstore niche, with double the market share, double the share price, and triple the market cap of its largest competitor, Lowe’s (LOW). With recent positive economic indicators, especially June’s strong jobs numbers and the prospect of a Fed interest rate cut putting downward pressure on mortgage rates, the home improvement niche is looking strong.A solid business niche leads to profit and cash flow. HD is set to release Q2 earnings on Aug 13, and the expectation is for $3.09 per share, and increase of 36% from last quarter’s $2.27 EPS. Historically, the company’s fiscal second quarter is its strongest for earnings.HD also has a history of sharing earnings with investors through a robust dividend. The yield is a modest 2.5%, but the high share price makes the annual payout $5.44. Quarterly payments are $1.36, and HD has a history of raising the dividend each year.>>Click here to see the HD Dividend CalendarThe reliable dividend and profitable business model may explain HD’s popularity among investors. TipRanks tracks over 50,000 individual portfolios; among the best performing of these, Home Depot shares appear in 16.3%, or 1 out of 6. Top performing investors have increased their HD holdings by more than 2% over the past month, reflecting the overall “very positive” investor sentiment on the stock.>>Click Here to see HD Investor SentimentInvestors and dividend fans aren’t the only ones bullish on Home Depot. Goldman Sachs analyst Kate McShane reviewed the stock earlier this month and gave it a $235 price target, implying an upside potential over 8%. In her comments, McShane wrote: “Home Depot hits all the marks when it comes to gaining market share and increasing operating dollar growth. Expect these two attributes to drive upside to the stock over the next 12 months.”Home Depot’s price target presents us with the interesting case of a solid stock whose recent gains have pushed its share price above recent analyst expectations. HD is trading at $217; the average price target, however, is only $209, and still reflects older analyst ratings. As McShane’s comments and target show, Wall Street is beginning to readjust its outlook on the company. HD remains a strong buy, based on an analyst consensus of 8 buys and 5 holds in the past three months. Philip Morris International, Inc. (PM)Yes, this is a cigarette company, a classic “sin stock.” But investors are in the market to make a profit, and that’s where Philip Morris delivers. Year-to-date, shares in PM are up 22%. The profits come while cigarette sales are slowing, as the tobacco companies have been casting about for other business opportunities, making investments in cannabis, alcohol, and e-cigarettes.In looking for alternate revenue streams, Big Tobacco hasn’t forgotten the investor. PM pays out a regular dividend of $1.14 quarterly. Annualized, this represents an income of $4.56 per share and a yield of 5.59%. More important, is PM’s 11-year history of growing the dividend, making this stock particularly attractive to value investors.>>Click Here to see the PM Dividend CalendarSecular trends – especially the poor reputation of tobacco and smoking products – may be lined up against the tobacco companies, but some Wall Street analysts see this as a buying opportunity. Writing from Goldman Sachs, Judy Hong says, “Tobacco valuations are "at a 10-year trough despite a more accommodating market backdrop.”She sees a floor to cigarettes’ unpopularity, and a stabilization in sales and profits. Continuing, she says, “Expect the current discount on tobacco stocks to narrow as cigarette fundamentals hold up better than feared, contribution from next generation tobacco products builds, and regulatory concerns subside over time.”Hong says that the bearishness on tobacco traces back to lower sales volumes for cigarettes along with up-front costs of the shift to e-cigs and other alternative products. However, she adds, “Expect the decline in cigarette consumption to abate and the shift to e-cigarettes to moderate. And international cigarette volume trends have been mostly stable.” In line with her bullish stance on the industry, Hong gives PM a solid buy rating.Bonnie Herzog, of Wells Fargo, agrees with Hong on the outlook for Philip Morris. She bases her optimism, however, on a successful move toward alternative tobacco products, specifically the iQOS heat-not-burn option. Writing of PM, she says she expects the company to beat the Q2 earnings estimate, saying, “We expect PM will beat conservative EPS of $1.32 (vs our $1.36) and we expect: (1) sequential acceleration of iQOS shipment volume in Japan (+14.5%) given strength from next generation iQOS 3/Multi platforms; (2) iQOS to lead heat-not-burn (HNB) category growth in Japan and gain market share elsewhere; and (3) strong cigarette price realization.”Herzog gives PM a price target of $100, suggesting an upside potential of 22% to the stock. Her rating suggests that PM has more room for growth than the conventional wisdom would indicate – PM’s average price target is $93, indicating a possible upside of 15% from the share price of $81.PM’s analyst consensus rating is a moderate buy, derived from 7 buys and 3 holds in the last three months.TipRanks puts a wide variety of data analysis tools at your fingertips, so you can find the right investment for your portfolio. Get started today, with our Stock Screener.

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    Zacksyesterday

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    Boston Beer (SAM) is likely to deliver robust second-quarter 2019 results on continued depletion and shipment growth. However, rising costs and a sluggish Samuel Adams brand may act spoilsport.

  • 3 Top Dividend Stocks With Yields Over 5%
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    3 Top Dividend Stocks With Yields Over 5%

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  • Lamb Weston's (LW) Q4 Earnings to Gain From LTOs & Pricing
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    Lamb Weston's (LW) Q4 Earnings to Gain From LTOs & Pricing

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  • Why Analysts Expect Philip Morris’s Revenue and EPS to Fall in Q2
    Market Realist2 days ago

    Why Analysts Expect Philip Morris’s Revenue and EPS to Fall in Q2

    Philip Morris is scheduled to announce its second-quarter earnings results before the market opens on July 18. Analysts expect its revenue and EPS to fall.

  • Can Coca-Cola (KO) Retain Its Positive Earnings Streak in Q2?
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    Can Coca-Cola (KO) Retain Its Positive Earnings Streak in Q2?

    Coca-Cola's (KO) strategy of introducing new products with focus on expanding successful brands globally is aiding its performance. However, adverse currency may mar second-quarter 2019 results.

  • Will Saving Efforts Drive Kimberly-Clark's (KMB) Q2 Earnings?
    Zacks2 days ago

    Will Saving Efforts Drive Kimberly-Clark's (KMB) Q2 Earnings?

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  • Markit2 days ago

    See what the IHS Markit Score report has to say about Philip Morris International Inc.

    Philip Morris International Inc NYSE:PMView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for PM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PM. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PM had net inflows of $10.39 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. PM credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Can IQOS Sales Light Up Philip Morris International's Q2?
    Motley Fool3 days ago

    Can IQOS Sales Light Up Philip Morris International's Q2?

    The tobacco giant is counting on the heated-tobacco device to offset decline in traditional cigarettes.

  • Reuters5 days ago

    Philip Morris urges Thailand to drop prosecution after WTO's second ruling

    Philip Morris urged Thailand to drop criminal charges against its Thai subsidiary on Saturday, after a second World Trade Organization (WTO) ruling that the Asian nation had failed to comply with regulations on cigarette imports. Thai public prosecutor filed criminal charges in 2017 against Philip Morris Thailand for under-declaration of more than 780 entries of cigarettes that cleared Thai customs between 2002 and 2003. In a second ruling since 2018, the WTO said on Friday that Thailand had not met obligations under the Customs Valuation Agreement, regarding the valuation of cigarettes imported by Philip Morris Thailand from Philip Morris subsidiaries in the Philippines and Indonesia.