Philip Morris International (NYSE:PM) Updates FY26 Earnings Guidance

Philip Morris International (NYSE:PM) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $7.26-7.39 for the period, compared to the consensus earnings per share estimate of $7.79.

Philip Morris International Price Performance

Shares of PM stock traded up $0.84 during trading hours on Wednesday, reaching $149.64. 6,396,069 shares of the company’s stock were exchanged, compared to its average volume of 5,542,139. The company’s 50 day moving average is $128.31 and its two-hundred day moving average is $125.73. The company has a market cap of $232.67 billion, a P/E ratio of 33.18, a price-to-earnings-growth ratio of 2.63 and a beta of 0.55. Philip Morris International has a 1 year low of $87.82 and a 1 year high of $151.22.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.06. Philip Morris International had a negative return on equity of 120.08% and a net margin of 7.89%. As a group, analysts predict that Philip Morris International will post 7.13 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 26th were given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International’s dividend payout ratio is currently 119.73%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PM. Stifel Nicolaus lifted their price objective on Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 7th. StockNews.com downgraded Philip Morris International from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Barclays lowered their price target on 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. Morgan Stanley assumed coverage on Philip Morris International in a research report on Thursday, January 16th. They set an “overweight” rating and a $140.00 price target for the company. Finally, JPMorgan Chase & Co. boosted 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $141.22.

Insiders Place Their Bets

In related news, VP Reginaldo Dobrowolski sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $149.88, for a total value of $749,400.00. Following the transaction, the vice president now owns 20,799 shares in the company, valued at approximately $3,117,354.12. The trade was a 19.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.14% of the stock is currently owned by insiders.

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.