Philip Morris International (PM) Projected to Post Quarterly Earnings on Wednesday

Philip Morris International (NYSE:PM) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.61 per share and revenue of $9.10 billion for the quarter. Philip Morris International has set its FY 2025 guidance at 7.040-7.170 EPS and its Q1 2025 guidance at 1.580-1.630 EPS.

Philip Morris International (NYSE:PM) last posted its earnings results on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.06. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. On average, analysts expect Philip Morris International to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Philip Morris International Stock Performance

PM opened at $162.32 on Tuesday. Philip Morris International has a fifty-two week low of $92.94 and a fifty-two week high of $165.00. The company has a fifty day moving average of $154.05 and a two-hundred day moving average of $136.46. The stock has a market capitalization of $252.65 billion, a price-to-earnings ratio of 35.99, a PEG ratio of 2.65 and a beta of 0.46.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 20th were given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Thursday, March 20th. Philip Morris International’s dividend payout ratio (DPR) is presently 119.73%.

Insider Activity

In related news, insider Lars Dahlgren sold 3,679 shares of Philip Morris International stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $152.96, for a total value of $562,739.84. Following the completion of the transaction, the insider now directly owns 26,828 shares in the company, valued at approximately $4,103,610.88. This trade represents a 12.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Werner Barth sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $148.67, for a total value of $1,486,700.00. Following the sale, the insider now directly owns 106,244 shares in the company, valued at approximately $15,795,295.48. This represents a 8.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 131,822 shares of company stock valued at $19,655,585. Company insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Philip Morris International

A hedge fund recently raised its stake in Philip Morris International stock. Brighton Jones LLC grew its position in Philip Morris International Inc. (NYSE:PM) by 31.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,531 shares of the company’s stock after purchasing an additional 2,023 shares during the period. Brighton Jones LLC’s holdings in Philip Morris International were worth $1,027,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on PM shares. JPMorgan Chase & Co. upped their price target on Philip Morris International from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. Citigroup lifted their price target on Philip Morris International from $163.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, April 16th. UBS Group raised their price objective on shares of Philip Morris International from $105.00 to $120.00 and gave the stock a “sell” rating in a research report on Friday, February 7th. StockNews.com lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Finally, Stifel Nicolaus raised their price target on shares of Philip Morris International from $160.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday, April 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.78.

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.