Philip Morris International (NYSE:PM) Updates FY 2026 Earnings Guidance

Philip Morris International (NYSE:PM) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 8.260-8.41 for the period, compared to the consensus estimate of 8.400. The company issued revenue guidance of -.

Philip Morris International Stock Performance

NYSE:PM opened at $191.13 on Friday. Philip Morris International has a fifty-two week low of $142.11 and a fifty-two week high of $207.76. The firm has a market cap of $297.90 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38. The business has a 50 day moving average price of $183.37 and a 200-day moving average price of $176.77.

Philip Morris International (NYSE:PM) last issued its earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The company had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the previous year, the firm earned $1.89 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Research analysts predict that Philip Morris International will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a $1.47 dividend. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s payout ratio is presently 84.48%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Citigroup upped their price objective on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. BTIG Research set a $221.00 price target on Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. Needham & Company LLC upped their price target on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Barclays increased their price objective on Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $205.89.

Institutional Investors Weigh In On Philip Morris International

A number of large investors have recently modified their holdings of PM. Safe Harbor Fiduciary LLC bought a new position in Philip Morris International in the fourth quarter worth about $29,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the 3rd quarter valued at approximately $32,000. McIlrath & Eck LLC purchased a new position in shares of Philip Morris International during the 2nd quarter worth approximately $36,000. Swiss RE Ltd. purchased a new position in shares of Philip Morris International during the 4th quarter worth approximately $40,000. Finally, WFA of San Diego LLC bought a new position in shares of Philip Morris International in the 2nd quarter worth approximately $41,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.