Philip Morris International (NYSE:PM) Releases Quarterly Earnings Results

Philip Morris International (NYSE:PM) issued its quarterly earnings data on Thursday. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.06, Zacks reports. Philip Morris International had a net margin of 10.35% and a negative return on equity of 117.94%. 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 Stock Performance

Shares of Philip Morris International stock traded up $14.43 during trading on Thursday, reaching $145.41. 13,453,117 shares of the company’s stock were exchanged, compared to its average volume of 5,352,423. 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 $226.08 billion, a P/E ratio of 23.08, a PEG ratio of 2.30 and a beta of 0.55. The firm’s 50-day moving average price is $125.17 and its 200 day moving average price is $123.46.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Thursday, December 26th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date was Thursday, December 26th. Philip Morris International’s dividend payout ratio is presently 85.71%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Morgan Stanley began coverage on shares of Philip Morris International in a research report on Thursday, January 16th. They set an “overweight” rating and a $140.00 price objective for the company. UBS Group boosted their price target on Philip Morris International from $103.00 to $105.00 and gave the company a “sell” rating in a research note on Wednesday, October 23rd. Barclays lowered their price objective on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. JPMorgan Chase & Co. boosted their target price on shares of Philip Morris International from $125.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $145.00 price target (up from $138.00) on shares of Philip Morris International in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $131.35.

Philip Morris International Company Profile

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.