Should I buy or sell Philip Morris International stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PM shares. View PM analyst ratings or view top-rated stocks .

What is Philip Morris International's stock price target for 2024?

10 equities research analysts have issued 1-year price objectives for Philip Morris International's stock. Their PM share price targets range from $86.50 to $117.00. On average, they predict the company's stock price to reach $105.40 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts price targets for PM or view top-rated stocks among Wall Street analysts .

How have PM shares performed in 2024?

Philip Morris International's stock was trading at $94.08 at the start of the year. Since then, PM stock has decreased by 5.2% and is now trading at $89.23. View the best growth stocks for 2024 here .

When is Philip Morris International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our PM earnings forecast .

How can I listen to Philip Morris International's earnings call?

Philip Morris International will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) released its quarterly earnings results on Thursday, February, 8th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.44 by $0.08. The firm earned $9.05 billion during the quarter, compared to analysts' expectations of $8.99 billion. Philip Morris International had a negative trailing twelve-month return on equity of 116.29% and a net margin of 8.53%. The company's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. Read the conference call transcript .

How often does Philip Morris International pay dividends? What is the dividend yield for Philip Morris International?

Philip Morris International announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Thursday, March 21st will be given a dividend of $1.30 per share on Tuesday, April 9th. This represents a $5.20 annualized dividend and a yield of 5.83%. The ex-dividend date is Wednesday, March 20th. Read our dividend analysis for PM .

Is Philip Morris International a good dividend stock?

Philip Morris International (NYSE:PM) pays an annual dividend of $5.20 per share and currently has a dividend yield of 5.85%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 103.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PM will have a dividend payout ratio of 74.39% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PM .

What ETFs hold Philip Morris International's stock?

ETFs with the largest weight of Philip Morris International (NYSE:PM) stock in their portfolio include iShares U.S. Consumer Staples ETF (IYK) , First Trust Morningstar Dividend Leaders Index (FDL) , Constrained Capital ESG Orphans ETF (ORFN) , Cambria Cannabis ETF (TOKE) , Optimize AI Smart Sentiment Event-Driven ETF (OAIE) , Invesco S&P Ultra Dividend Revenue ETF (RDIV) , Kovitz Core Equity ETF (EQTY) and Vanguard Consumer Staples ETF (VDC) .

What guidance has Philip Morris International issued on next quarter's earnings?

Philip Morris International issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $6.43-6.55 for the period, compared to the consensus EPS estimate of $6.41.

What is André Calantzopoulos' approval rating as Philip Morris International's CEO?

695 employees have rated Philip Morris International Chief Executive Officer André Calantzopoulos on Glassdoor.com . André Calantzopoulos has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Philip Morris International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Philip Morris International investors own include Altria Group (MO) , AT&T (T) , AbbVie (ABBV) , Coca-Cola (KO) , Johnson & Johnson (JNJ) , Exxon Mobil (XOM) , Verizon Communications (VZ) , Bristol-Myers Squibb (BMY) , Chevron (CVX) and Bank of America (BAC) .

Who are Philip Morris International's major shareholders?

Philip Morris International's stock is owned by many different institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.16%), Banque Cantonale Vaudoise (0.09%), Caledonia Investments PLC (0.05%), Ferguson Wellman Capital Management Inc. (0.04%), Factory Mutual Insurance Co. (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Andre Calantzopoulos, Drago Azinovic, Mario Masseroli , Martin G King , Massimo Andolina, Reginaldo Dobrowolski, Stacey Kennedy , Werner Barth and Wilde Frederic De . View institutional ownership trends .

How do I buy shares of Philip Morris International?

Shares of PM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Philip Morris International have any subsidiaries?

The following companies are subsidiares of Philip Morris International: AO "Philip Morris Izhora", Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, Lakson Tobacco Company Limited (Philip Morris International), Latin America and Canada Investments B.V., Limited Liability Company "Philip Morris Sales & Distribution", Limited Liability Company "Philip Morris Sales and Marketing", Massalin Particulares S.R.L., PHILSA Philip Morris Sabanci Sigara ve Tutunculuk Sanayi ve Ticaret A.S., PMFTC Inc., PT Hanjaya Mandala Sampoerna Tbk., PT Philip Morris Indonesia, Papastratos Cigarette Manufacturing Company, Papastratos Cigarettes Manufacturing Company S.A., Philip Morris & Company (UK) Limited, Philip Morris (Pakistan) Limited, Philip Morris Benelux BVBA, Philip Morris Brands Sàrl, Philip Morris Brasil Industria e Comercio Ltda., Philip Morris CR a.s., Philip Morris Exports Sàrl, Philip Morris Finance SA, Philip Morris Finland Ltd, Philip Morris Global Brands Inc., Philip Morris GmbH, Philip Morris Holland Holdings B.V., Philip Morris International Holdings B.V., Philip Morris Investments B.V., Philip Morris Italia S.r.l., Philip Morris Japan Limited, Philip Morris Kazakhstan LLP, Philip Morris Korea Inc., Philip Morris Limited, Philip Morris Manufacturing & Technology Bologna S.p.A., Philip Morris Manufacturing GmbH, Philip Morris Mexico Productos Y Servicios Sociedad de Responsabilidad Limitada de Capital Variable, Philip Morris Mexico Sociedad Anónima de Capital Variable, Philip Morris Misr Limited Liability Company, Philip Morris Operations a.d. Nis, Philip Morris Philippines Manufacturing Inc., Philip Morris Polska Distribution Sp. z.o.o., Philip Morris Polska Spolka Akcyjna, Philip Morris Products S.A., Philip Morris Romania S.R.L., Philip Morris SA Philip Morris Sabanci Pazarlama ve Satis A.S., Philip Morris Trading (Thailand) Company Limited, Productora Tabacalera de Colombia, Rocker Producuction AB, Rothmans LLP, Swedish Match (South Africa), Tabaqueira - Empresa Industrial de Tabacos S.A., and Tabaqueira II S.A.. Read More

NYSE:PM

Philip Morris International (PM) Stock Price, News & Analysis

→ Can't believe it's happening again (From Manward Press) (Ad)

Free PM Stock Alerts

$89.30

+0.70 (+0.79%)

(As of 03:22 PM ET)

Compare

Today's Range: $88.43
▼
$89.47
50-Day Range: $88.60
▼
$95.36
52-Week Range: $87.23
▼
$101.92

Volume: 2.21 million shs
Average Volume: 5.47 million shs
Market Capitalization: $138.82 billion

P/E Ratio: 17.79
Dividend Yield: 5.82%
Price Target: $105.40

Get Philip Morris International alerts:

Philip Morris International MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 18.1% Upside
$105.40 Price Target
Short Interest: Healthy
0.47% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -4.58
Upright™ Environmental Score
News Sentiment: 0.61
Based on 13 Articles This Week
Insider Trading: Selling Shares
$1.41 M Sold Last Quarter
Proj. Earnings Growth: 9.73%
From $6.37 to $6.99 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Consumer Staples Sector

53rd out of 133 stocks

Cigarettes Industry

1st out of 5 stocks

2.3

Analyst's Opinion

Consensus Rating
Philip Morris International has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Philip Morris International has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.47% of the float of Philip Morris International has been sold short.
Short Interest Ratio / Days to Cover
Philip Morris International has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Philip Morris International has recently increased by 9.40%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Leadership
Philip Morris International is a leading dividend payer. It pays a dividend yield of 5.85%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Philip Morris International has been increasing its dividend for 16 years.
Dividend Coverage
The dividend payout ratio of Philip Morris International is 103.59%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Philip Morris International will have a dividend payout ratio of 74.39% next year. This indicates that Philip Morris International will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Philip Morris International has received a -530.68% net impact score from Upright. The largest negative impact of Philip Morris in category "Physical diseases" seems to be driven mostly by its "Cigarettes", "Cigars", and "Unflavoured e-cigarettes" products. See details.
Environmental Sustainability
The Environmental Impact score for Philip Morris International is -4.58.

2.6

News and Social Media Coverage

News Sentiment
Philip Morris International has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Philip Morris International this week, compared to 12 articles on an average week.
Search Interest
58 people have searched for PM on MarketBeat in the last 30 days. This is an increase of 12% compared to the previous 30 days.
MarketBeat Follows
Only 35 people have added Philip Morris International to their MarketBeat watchlist in the last 30 days. This is a decrease of -3% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Philip Morris International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,411,128.00 in company stock.
Percentage Held by Insiders
Only 0.14% of the stock of Philip Morris International is held by insiders.
Percentage Held by Institutions
78.63% of the stock of Philip Morris International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Philip Morris International are expected to grow by 9.73% in the coming year, from $6.37 to $6.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Philip Morris International is 17.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Philip Morris International is 17.77, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.12.
Price to Earnings Growth Ratio
Philip Morris International has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

Ad Manward Press

Can't believe it's happening again

One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.

We explain how this event works in full right here.

About Philip Morris International Stock (NYSE:PM)

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

PM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PM Stock News Headlines

March 20, 2024 | insidertrades.com

Insider Selling: Philip Morris International Inc. (NYSE:PM) Insider Sells 8,250 Shares of Stock

April 16, 2024 | businesswire.com

Philip Morris International to Host Webcast of 2024 First-Quarter Results

April 16, 2024 | StockEarnings (Ad)

Your eBook: Mastering Earnings Announcements Trading

Trading around earnings announcements (Pre-Earnings, Into-Earnings, and Post-Earnings) provides a unique trading opportunity. That is because trading around earnings announcements presents short-term trading opportunities (these are great because they don’t tie your money up for very long).

April 16, 2024 | americanbankingnews.com

Philip Morris International (PM) to Release Quarterly Earnings on Tuesday

April 13, 2024 | fool.com

Is This 5.5% Yielding Dividend Grower the Ultimate Income Stock?

April 12, 2024 | 247wallst.com

7 Old-School Blue-Chip Dividend Stocks Offer Total Return Magic

April 11, 2024 | investorplace.com

7 Boring Stocks to Buy as Inflation Crimps Sentiment

April 11, 2024 | fool.com

2 Ultra-High-Yield Dividend Stocks Billionaires Are Selling, and the Surprising High-Octane Income Stock They Can't Stop Buying

April 16, 2024 | StockEarnings (Ad)

Your eBook: Mastering Earnings Announcements Trading

April 10, 2024 | seekingalpha.com

Philip Morris: A Top Income Stock With A 6% Yield

April 9, 2024 | fool.com

3 Stocks to Consider Adding to Your Retirement Portfolio in April

April 8, 2024 | investorplace.com

3 Sin Stocks to Add Some Spice to Your Spring Holdings

April 6, 2024 | fool.com

2 Reasons to Buy 5.6% Dividend-Yielding Philip Morris International Stock Today

April 5, 2024 | msn.com

US FDA issues warning letters to retailers against underage sale of ZYN nicotine pouches

April 4, 2024 | investorplace.com

Passive Income Perfection: 7 Dividend Stocks to Generate $50,000 Per Year

April 3, 2024 | fool.com

Are Heated-Tobacco Products the Future of Philip Morris International? 3 Things Investors Should Watch as the Company Nears Texas Launch

April 3, 2024 | investorplace.com

The Millionaire Makers: 7 Stealth Stocks for a 7-Figure Portfolio

April 2, 2024 | msn.com

The U.S. ban on menthol cigarettes may be pushed to after the election

April 1, 2024 | investorplace.com

7 Defensive Stocks to Buy Based on the ‘Pawn Shop Indicator'

March 30, 2024 | fool.com

My Oh My, This 5.7% Yield Dividend Stock Is a Magnificent Buy

March 30, 2024 | 247wallst.com

5 Very Large Cap Blue Chip Stocks With 5% and Higher Dividends

March 29, 2024 | bloomberg.com

Big Tobacco Is Now Under the Zynfluence

March 28, 2024 | msn.com

Exclusive: Philip Morris nears Texas launch of flagship heated tobacco device

March 28, 2024 | businesswire.com

Philip Morris International Demonstrates Clear Progress Toward Its Purpose as It Releases 2023 Integrated Report

March 27, 2024 | investorplace.com

The 3 Best Dividend Stocks to Buy in Q2 2024

March 27, 2024 | 247wallst.com

5 Absolutely Best Dividend Stocks Yielding Over 5%

March 26, 2024 | investorplace.com

Dip Buying Bonanza: 3 Rock-Solid Stocks to Scoop Up Now

See More Headlines

Receive PM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Philip Morris International and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 4/9 Dividend: 3/20/2024
Dividend Payable: 4/09/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Staples
Industry: Cigarettes
Sub-Industry: Tobacco
Current Symbol: NYSE:PM
CUSIP: 71817210
CIK: 1413329
Web: www.pmi.com
Phone: (203) 905-2410
Fax: N/A
Employees: 82,700
Year Founded: 2008

Price Target and Rating

Average Stock Price Target: $105.40
High Stock Price Target: $117.00
Low Stock Price Target: $86.50
Potential Upside/Downside: +18.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.02
Trailing P/E Ratio: 17.76
Forward P/E Ratio: 14.00
P/E Growth: 2.01
Net Income: $7.81 billion
Net Margins: 8.53%
Pretax Margin: 29.71%
Return on Equity: -116.29%
Return on Assets: 14.83%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.75
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: $84.58 billion
Price / Sales: 1.64
Cash Flow: $7.39 per share
Price / Cash Flow: 12.07
Book Value: ($6.08) per share
Price / Book: -14.66

Miscellaneous

Outstanding Shares: 1,554,550,000
Free Float: 1,552,375,000
Market Cap: $138.60 billion
Optionable: Optionable
Beta: 0.61

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

Mr. Andre Calantzopoulos (Age 66)
Executive Chairman of the Board
Mr. Jacek Olczak (Age 59)
CEO & Director
Comp: $6.02M
Mr. Emmanuel Babeau (Age 57)
Chief Financial Officer
Comp: $3.54M
Mr. Frederic de Wilde (Age 57)
President of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region
Comp: $2.28M
Mr. Stefano Volpetti (Age 52)
President of Smoke-Free Inhalable Products & Chief Consumer Officer
Comp: $2.31M
Mr. Scott Coutts
Senior Vice President of Operations
Mr. Frank De Rooij (Age 58)
Vice President of Treasury & Corporate Finance
Mr. Michael Voegele (Age 51)
Chief Digital & Information Officer
Mr. James R. Bushnell
Vice President of Investor Relations & Financial Communications
Mr. Yann Guerin (Age 47)
Senior VP & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Philip Morris International Stock? PM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Philip Morris International Inc.:

Philip Morris International is actively working towards a smoke-free future and expanding its product portfolio beyond traditional tobacco products, which could attract environmentally conscious investors.
The company's focus on smoke-free products like IQOS and ZYN brands aligns with the growing trend towards reduced-risk alternatives in the tobacco industry, potentially appealing to health-conscious consumers.
Recent financial data indicates a stable market cap of $146.37 billion, a PE ratio of 18.81, and a positive revenue growth of 11.0% year-over-year, showcasing the company's financial strength and growth potential.
Philip Morris International's innovative approach to consumer accessories, such as lighters and matches, diversifies its revenue streams and enhances its market competitiveness in the tobacco industry.
The company's strategic acquisitions and partnerships, like the recent increase in shares by Wellington Management Group LLP, demonstrate investor confidence in Philip Morris International's long-term growth prospects.

Cons

Investors should be bearish about investing in Philip Morris International Inc. for these reasons:

Despite efforts towards a smoke-free future, Philip Morris International's core business still heavily relies on traditional tobacco products, which face increasing regulatory challenges and shifting consumer preferences away from smoking.
The company's negative return on equity of 116.29% raises concerns about its profitability and operational efficiency, indicating potential risks for investors seeking stable returns.
Philip Morris International's recent earnings report showed a lower-than-expected EPS of $1.36, missing the consensus estimate by $0.08, which may signal challenges in meeting financial expectations and market performance.
The company's stock price volatility, with a 12-month low of $87.23 and a high of $101.92, suggests potential market uncertainty and risk for investors looking for stable investment opportunities.
Investors should consider the ethical implications of investing in a tobacco company like Philip Morris International, as concerns over public health and social responsibility could impact the company's reputation and long-term sustainability.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Philip Morris International pros and cons to contact@marketbeat.com.

PM Stock Analysis - Frequently Asked Questions

Should I buy or sell Philip Morris International stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PM shares.
View PM analyst ratings or view top-rated stocks.
What is Philip Morris International's stock price target for 2024?: 10 equities research analysts have issued 1-year price objectives for Philip Morris International's stock. Their PM share price targets range from $86.50 to $117.00. On average, they predict the company's stock price to reach $105.40 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for PM or view top-rated stocks among Wall Street analysts.
How have PM shares performed in 2024?: Philip Morris International's stock was trading at $94.08 at the start of the year. Since then, PM stock has decreased by 5.2% and is now trading at $89.23.
View the best growth stocks for 2024 here.
When is Philip Morris International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our PM earnings forecast.
How can I listen to Philip Morris International's earnings call?: Philip Morris International will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Philip Morris International's earnings last quarter?: Philip Morris International Inc. (NYSE:PM) released its quarterly earnings results on Thursday, February, 8th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.44 by $0.08. The firm earned $9.05 billion during the quarter, compared to analysts' expectations of $8.99 billion. Philip Morris International had a negative trailing twelve-month return on equity of 116.29% and a net margin of 8.53%. The company's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS.
Read the conference call transcript.
How often does Philip Morris International pay dividends? What is the dividend yield for Philip Morris International?: Philip Morris International announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Thursday, March 21st will be given a dividend of $1.30 per share on Tuesday, April 9th. This represents a $5.20 annualized dividend and a yield of 5.83%. The ex-dividend date is Wednesday, March 20th.
Read our dividend analysis for PM.
Is Philip Morris International a good dividend stock?: Philip Morris International (NYSE:PM) pays an annual dividend of $5.20 per share and currently has a dividend yield of 5.85%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 103.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PM will have a dividend payout ratio of 74.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PM.

What ETFs hold Philip Morris International's stock?: ETFs with the largest weight of Philip Morris International (NYSE:PM) stock in their portfolio include iShares U.S. Consumer Staples ETF (IYK), First Trust Morningstar Dividend Leaders Index (FDL), Constrained Capital ESG Orphans ETF (ORFN), Cambria Cannabis ETF (TOKE), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Kovitz Core Equity ETF (EQTY) and Vanguard Consumer Staples ETF (VDC).
What guidance has Philip Morris International issued on next quarter's earnings?: Philip Morris International issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $6.43-6.55 for the period, compared to the consensus EPS estimate of $6.41.
What is André Calantzopoulos' approval rating as Philip Morris International's CEO?: 695 employees have rated Philip Morris International Chief Executive Officer André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among the company's employees.
What other stocks do shareholders of Philip Morris International own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Philip Morris International investors own include Altria Group (MO), AT&T (T), AbbVie (ABBV), Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Chevron (CVX) and Bank of America (BAC).
Who are Philip Morris International's major shareholders?: Philip Morris International's stock is owned by many different institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.16%), Banque Cantonale Vaudoise (0.09%), Caledonia Investments PLC (0.05%), Ferguson Wellman Capital Management Inc. (0.04%), Factory Mutual Insurance Co. (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Andre Calantzopoulos, Drago Azinovic, Mario Masseroli, Martin G King, Massimo Andolina, Reginaldo Dobrowolski, Stacey Kennedy, Werner Barth and Wilde Frederic De.
View institutional ownership trends.
How do I buy shares of Philip Morris International?: Shares of PM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Philip Morris International have any subsidiaries?: The following companies are subsidiares of Philip Morris International: AO "Philip Morris Izhora", Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, Lakson Tobacco Company Limited (Philip Morris International), Latin America and Canada Investments B.V., Limited Liability Company "Philip Morris Sales & Distribution", Limited Liability Company "Philip Morris Sales and Marketing", Massalin Particulares S.R.L., PHILSA Philip Morris Sabanci Sigara ve Tutunculuk Sanayi ve Ticaret A.S., PMFTC Inc., PT Hanjaya Mandala Sampoerna Tbk., PT Philip Morris Indonesia, Papastratos Cigarette Manufacturing Company, Papastratos Cigarettes Manufacturing Company S.A., Philip Morris & Company (UK) Limited, Philip Morris (Pakistan) Limited, Philip Morris Benelux BVBA, Philip Morris Brands Sàrl, Philip Morris Brasil Industria e Comercio Ltda., Philip Morris CR a.s., Philip Morris Exports Sàrl, Philip Morris Finance SA, Philip Morris Finland Ltd, Philip Morris Global Brands Inc., Philip Morris GmbH, Philip Morris Holland Holdings B.V., Philip Morris International Holdings B.V., Philip Morris Investments B.V., Philip Morris Italia S.r.l., Philip Morris Japan Limited, Philip Morris Kazakhstan LLP, Philip Morris Korea Inc., Philip Morris Limited, Philip Morris Manufacturing & Technology Bologna S.p.A., Philip Morris Manufacturing GmbH, Philip Morris Mexico Productos Y Servicios Sociedad de Responsabilidad Limitada de Capital Variable, Philip Morris Mexico Sociedad Anónima de Capital Variable, Philip Morris Misr Limited Liability Company, Philip Morris Operations a.d. Nis, Philip Morris Philippines Manufacturing Inc., Philip Morris Polska Distribution Sp. z.o.o., Philip Morris Polska Spolka Akcyjna, Philip Morris Products S.A., Philip Morris Romania S.R.L., Philip Morris SA Philip Morris Sabanci Pazarlama ve Satis A.S., Philip Morris Trading (Thailand) Company Limited, Productora Tabacalera de Colombia, Rocker Producuction AB, Rothmans LLP, Swedish Match (South Africa), Tabaqueira - Empresa Industrial de Tabacos S.A., and Tabaqueira II S.A..
Read More

This page (NYSE:PM) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial