PM - Philip Morris International Inc.

NYSE - NYSE Delayed Price. Currency in USD
84.31
+3.41 (+4.22%)
At close: 4:00PM EDT
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Previous Close80.90
Open80.10
Bid0.00 x 0
Ask0.00 x 0
Day's Range80.05 - 84.43
52 Week Range76.21 - 120.00
Volume11,346,064
Avg. Volume6,765,611
Market Cap131.057B
Beta0.72
PE Ratio (TTM)21.86
EPS (TTM)3.86
Earnings DateOct 18, 2018
Forward Dividend & Yield4.56 (5.52%)
Ex-Dividend Date2018-06-21
1y Target Est98.71
Trade prices are not sourced from all markets
  • EARNINGS: Philip Morris stock tanks as vape push falls flat
    Yahoo Finance Video2 days ago

    EARNINGS: Philip Morris stock tanks as vape push falls flat

    Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Philip Morris reported second quarter net income and revenue that beat Wall Street expectations.

  • IBM leads tech at the open
    CNBC Videos2 days ago

    IBM leads tech at the open

    CNBC's Bob Pisani takes a look at what's moving in early morning trading as earnings continue to stream into the market.

  • Barrons.com21 hours ago

    Can Philip Morris See Light at the End of the Tunnel?

    Philip Morris International (PM) has tumbled more than 20% year to date, but now is not the time for bargain hunters to wade into the shares, argues Cowen & Co. Analyst Vivien Azer downgraded the shares to Market Perform from Outperform, and lowered her target to $85 from $99, writing that even with the reduced guidance, a lack of visibility about the potential for increasing declines in markets like Japan and South Korea–major drivers of the company's sales–gives her "pause." Azer writes that she has long been upbeat about Philip Morris's iQos electronic tobacco products, and even with the decreased outlook, she still thinks that the technology is promising for the company's future. "The challenge for us is that even by going below management's guidance we have little way of knowing whether Japan will deteriorate even more...or whether South Korea will decelerate further," she writes.

  • What Analysts Expect from Philip Morris in the Next Four Quarters
    Market Realist22 hours ago

    What Analysts Expect from Philip Morris in the Next Four Quarters

    Wall Street analysts expect Philip Morris International (PM) to post revenues of $30.14 billion in the next four quarters, which represents a fall of 0.8% from $30.39 billion in the corresponding four quarters of the previous year. Philip Morris’s management has lowered its currency-neutral net revenue growth for 2018 to be 3.0%–4.0% from an earlier estimate of 8.0%. The downward revision of the sales forecast of iQOS and heated tobacco unit shipments in Japan, as well as shifting the affiliate in Argentina to highly inflationary accounting, led to the reduction of its sales growth guidance.

  • Benzinga22 hours ago

    Philip Morris' Weakness In Japan, South Korea Sparks Cowen Downgrade

    Philip Morris' earnings report was accompanied with a downward revision to its earnings guidance, which is clearly disappointing to investors, Azer said in the downgrade note. Sequential share losses in Japan in the third and fourth quarter are projected at 40 basis points versus 30-basis point losses in the second quarter.

  • Why Philip Morris’s Q2 2018 Earnings Failed to Impress
    Market Realist23 hours ago

    Why Philip Morris’s Q2 2018 Earnings Failed to Impress

    Philip Morris International (PM) reported its second-quarter earnings before the market opened on July 19. The company posted adjusted EPS of $1.41 on revenues of $7.73 billion. Compared to the second quarter of 2017, the company’s revenues grew 11.7%, while its EPS increased 23.7%.

  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of PM earnings conference call or presentation 19-Jul-18 1:00pm GMT

    Q2 2018 Philip Morris International Inc Earnings Call

  • The Wall Street Journal2 days ago

    [$$] Riskier Than Cigarettes? Why Philip Morris Stumbled

    The tobacco giant was once again done in by a product meant to one day replace cigarettes. Although Philip Morris handily beat analysts’ earnings estimates for the second quarter, the company cut full-year guidance due to anticipated weakness in what it calls reduced-risk products, primarily its IQOS smokeless-tobacco technology. The reason is that the nature of Philip Morris as an investment has changed.

  • Reuters2 days ago

    PRESS DIGEST- British Business - July 20

    The following are the top stories on the business pages of British newspapers. Two former City traders have been given jail terms after being convicted of attempting to manipulate the European Union's equivalent of Libor in an effort to boost their profits. Britain crashing out of the European Union without a deal would inflict significant economic pain across Europe, leaving the region without any winners, the International Monetary Fund has warned.

  • Why Scholastic, American Express, and Philip Morris Slumped Today
    Motley Fool2 days ago

    Why Scholastic, American Express, and Philip Morris Slumped Today

    Earnings news sent shares of these three businesses down today. Here's what investors need to know.

  • Associated Press2 days ago

    EBay and American Express slide; Comcast and IBM climb

    Stocks that moved substantially or traded heavily Thursday: eBay Inc., down $3.84 to $34.11 The online marketplace's revenue fell short of Wall Street forecasts. American Express Co., down $2.81 to $100.17 ...

  • Markets Right Now: Banks weigh on large-stock indexes
    Associated Press2 days ago

    Markets Right Now: Banks weigh on large-stock indexes

    NEW YORK (AP) — The latest on developments in financial markets (all times local):

  • Why Philip Morris International Inc Shares Were Sliding Today
    Motley Fool2 days ago

    Why Philip Morris International Inc Shares Were Sliding Today

    Shares of the tobacco giant slipped after it slashed its full-year guidance.

  • Philip Morris International Inc (PM) Q2 2018 Earnings Conference Call Transcript
    Motley Fool2 days ago

    Philip Morris International Inc (PM) Q2 2018 Earnings Conference Call Transcript

    PM earnings call for the period ending June 30, 2018.

  • Philip Morris Stock Falls on Weak Outlook
    Market Realist2 days ago

    Philip Morris Stock Falls on Weak Outlook

    Philip Morris International (PM) reported its second-quarter results today. Its adjusted EPS of $1.41 beat analysts’ estimate of $1.23, and the company beat analysts’ revenue estimate of $7.56 billion by posting revenue of $7.73 billion.

  • The Wall Street Journal2 days ago

    [$$] Philip Morris Cuts Sales, Earnings Targets

    Inc. lowered its forecast on earnings and sales as the company faces weaker-than-expected global demand for its cigarette-alternative IQOS device. The maker of Marlboro cigarettes lowered its full-year profit guidance to between $5.02 and $5.12 a share, from its prior forecast of $5.25 and $5.40, taking into account the costs of its product and marketing initiatives in markets such as Japan. Philip Morris, which introduced IQOS smoke-free electronic cigarettes first in Japan, has reduced inventory in that country as consumer demand has been below forecasts.

  • Barrons.com2 days ago

    Philip Morris Earnings: Lower Outlook Stubs Out the Stock

    Shares of Philip Morris International (PM) are falling on Thursday, following its second-quarter earnings report.  The tobacco giant earned $1.41 a share on revenue of $7.73 billion. Philip Morris lowered full-year guidance, and now expects EPS of $5.02 to $5.12, down from its previous forecast of $5.15 to $5.30.

  • Philip Morris Stock Falls on Disappointing Guidance
    InvestorPlace2 days ago

    Philip Morris Stock Falls on Disappointing Guidance

    Philip Morris’ guidance for the full year of 2018 includes earnings per share increasing between 8% and 10%. This is a drop from the company’s previous outlook for the year, which had earnings per share increasing by 8% to 11%. Earnings per share for reported by Philip Morris for the full year of 2017 was $4.72.

  • Stocks - eBay, Domino’s Plunge in Pre-market, IBM, Cisco Gain
    Investing.com2 days ago

    Stocks - eBay, Domino’s Plunge in Pre-market, IBM, Cisco Gain

    Investing.com - Stocks in focus in pre-market trade Thursday:

  • Philip Morris (PM) Beats on Q2 Earnings & Sales, Lowers View
    Zacks2 days ago

    Philip Morris (PM) Beats on Q2 Earnings & Sales, Lowers View

    Philip Morris' (PM) second-quarter 2018 results improve year-on-year on account of strong performance of heated tobacco products.

  • Investopedia2 days ago

    Philip Morris: 4 Secrets You Didn't Know (PM)

    Global cigarette manufacturer Philip Morris International Inc. (NYSE: PM), best known for its iconic Marlboro brand, had its genesis in a cigarette and tobacco shop opened in London by Mr. Philip Morris in 1847. Although you might think that all the secrets of the major tobacco companies have long been exposed, the following are four interesting and surprising facts about Philip Morris and its Marlboro cigarettes. 1. Most people are aware that cigarette taxes are among the most severe sin taxes levied anywhere on anything, but it's doubtful that many people really understand the heavy tax burden faced by tobacco companies.

  • MarketWatch2 days ago

    Dow at risk of snapping a 5-day rally as consumer-staples, financials slide

    U.S. stocks opened lower Thursday, with the Dow Jones Industrial Average on the verge of ending a multisession rally as investors focused on quarterly earnings and fresh developments in disputes between the U.S. and its global trade partners. The Dow (DJIA) was down nearly 60 points, or 0.2%, at 25,140, the S&P 500 index (SPX) was off 0.2% at 2,810, with a decline of at least 0.4% in financials and consumer-staples sectors. The technology-laden Nasdaq Composite Index was down 0.1% at 7,846, but not far off its record high set on Tuesday.

  • The Wall Street Journal2 days ago

    [$$] Philip Morris Cuts Earnings, Revenue Growth Forecasts

    The tobacco company’s earnings rose 23% from a year earlier to $2.2 billion, or $1.41 a share, as revenue rose 12% to $7.7 billion.

  • Barrons.com2 days ago

    Morning Movers: IBM Jumps, Tesla Slides, Philip Morris Slumps

    There is no reason to expect that layoffs will accelerate." The data confirms, once again, that the yield curve, though flattening, is not signaling a weakening economy. In fact, argues Standard Chartered Bank strategist Steve Englander, the yield curve might simply be following the labor market. Englander explains that the yield curve is simply a reflection of the U.S. economy.

  • World's biggest cigarette company offered tobacco products to doctors and nurses to mark NHS 70th birthday
    The Independent2 days ago

    World's biggest cigarette company offered tobacco products to doctors and nurses to mark NHS 70th birthday

    The world’s biggest cigarette company has come under fire for offering “smoke-free” tobacco products to NHS staff to mark the 70th birthday of the health service. Philip Morris International, which makes Marlboro and a host of other big-selling brands, sent a letter to all NHS trusts and the health secretary, Matt Hancock, offering to help doctors, nurses and other health workers give up smoking by using its cigarette alternatives. The devices heat up tobacco rather than burning it but still contain all of the same poisons and addictive chemicals as normal cigarettes.