Philip Morris International Inc. Forecasted to Earn FY2025 Earnings of $5.33 Per Share (NYSE:PM)

Philip Morris International Inc. (NYSE:PMGet Rating) – Investment analysts at Jefferies Financial Group reduced their FY2025 earnings estimates for Philip Morris International in a research report issued to clients and investors on Thursday, May 19th. Jefferies Financial Group analyst O. Bennett now expects that the company will post earnings per share of $5.33 for the year, down from their prior estimate of $5.93.

Philip Morris International (NYSE:PMGet Rating) last issued its quarterly earnings data on Thursday, April 21st. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.08. The firm had revenue of $7.75 billion for the quarter, compared to analyst estimates of $7.43 billion. Philip Morris International had a net margin of 10.97% and a negative return on equity of 110.49%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.57 earnings per share.

Other research analysts have also issued research reports about the company. Morgan Stanley increased their price objective on Philip Morris International from $104.00 to $112.00 and gave the company an “overweight” rating in a report on Friday, April 22nd. JPMorgan Chase & Co. cut shares of Philip Morris International from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $130.00 to $110.00 in a research note on Monday, March 7th. UBS Group raised their target price on shares of Philip Morris International from $95.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, February 17th. Stifel Nicolaus cut their target price on shares of Philip Morris International from $115.00 to $105.00 and set a “buy” rating for the company in a research report on Friday, March 25th. Finally, The Goldman Sachs Group downgraded shares of Philip Morris International from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $116.00 to $100.00 in a research note on Tuesday, March 22nd. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $112.00.

Philip Morris International stock opened at $101.15 on Monday. Philip Morris International has a one year low of $85.64 and a one year high of $112.48. The company’s fifty day moving average price is $99.02 and its two-hundred day moving average price is $98.04. The company has a market capitalization of $156.79 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 3.64 and a beta of 0.67.

Several institutional investors have recently modified their holdings of PM. Bell Investment Advisors Inc acquired a new stake in shares of Philip Morris International in the 3rd quarter valued at $26,000. Tcwp LLC bought a new position in Philip Morris International in the first quarter valued at about $26,000. Bivin & Associates Inc. acquired a new stake in Philip Morris International in the fourth quarter worth about $27,000. Sandy Cove Advisors LLC bought a new stake in Philip Morris International during the 1st quarter worth about $28,000. Finally, Capitolis Advisors LLC acquired a new position in Philip Morris International during the 3rd quarter valued at about $30,000. 74.78% of the stock is owned by institutional investors and hedge funds.

In related news, insider Wilde Frederic De sold 29,941 shares of the firm’s stock in a transaction on Tuesday, February 22nd. The stock was sold at an average price of $108.49, for a total transaction of $3,248,299.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.13% of the company’s stock.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 12th. Shareholders of record on Thursday, March 24th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Wednesday, March 23rd. This represents a $5.00 annualized dividend and a yield of 4.94%. Philip Morris International’s dividend payout ratio is 86.51%.

About Philip Morris International (Get Rating)

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.

Featured Stories

Earnings History and Estimates for Philip Morris International (NYSE:PM)

Receive News & Ratings for Philip Morris International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Philip Morris International and related companies with MarketBeat.com's FREE daily email newsletter.