Philip Morris International (NYSE:PM) Issues Earnings Results

Philip Morris International (NYSE:PM) released its quarterly earnings data on Thursday. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.06, Zacks reports. Philip Morris International had a net margin of 9.24% and a negative return on equity of 120.08%. Philip Morris International updated its FY 2025 guidance to 7.040-7.170 EPS and its Q1 2025 guidance to 1.580-1.630 EPS.

Philip Morris International Trading Down 0.6 %

Shares of Philip Morris International stock opened at $144.40 on Friday. The business has a 50-day moving average price of $125.44 and a two-hundred day moving average price of $123.61. Philip Morris International has a 1-year low of $87.82 and a 1-year high of $146.78. The company has a market cap of $224.51 billion, a P/E ratio of 32.02, a PEG ratio of 2.55 and a beta of 0.55.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, December 26th were issued a dividend of $1.35 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $5.40 annualized dividend and a yield of 3.74%. Philip Morris International’s payout ratio is 119.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PM shares. Barclays cut their price objective on shares of Philip Morris International from $155.00 to $145.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. increased their target price on shares of Philip Morris International from $125.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Stifel Nicolaus boosted their price target on Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley initiated coverage on Philip Morris International in a research note on Thursday, January 16th. They set an “overweight” rating and a $140.00 price objective on the stock. Finally, UBS Group raised their target price on shares of Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a report on Friday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Philip Morris International has an average rating of “Moderate Buy” and a consensus price target of $134.35.

About Philip Morris International

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.