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NYSE · PM

Philip Morris International Inc.

Consumer Defensive · Tobacco

$201.19

Up+$1.25 (+0.62%)

Updated Oct 12, 2026, 7:03 PM

SID Score

7.5/10

Composite research score

Smart Money

58/100

Neutral

Market cap
234.96B
P/E ratio
27.29
Dividend yield
2.74%
52-week range
$151.63 – $207.76
Volume
3.24M
Avg. volume
6.58M

Price performance · PM

PM price history

1M range · 20 trading sessions · Daily adjusted prices

Prices through Oct 9, 2026

PM closed at $201.19 after 20 trading sessions, up 3.25% for the selected period.

Last close
$201.19
Period change
+3.25%
Period low
$187.46
Period high
$201.19
Daily close
View OHLC price history
PM OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 9, 2026$199.31$201.285$198.85$201.193.24M
Oct 8, 2026$194.84$202.6994$192.97$200.505.52M
Oct 7, 2026$191.51$192.87$190.385$192.693.94M
Oct 6, 2026$189.71$192.049$189.01$190.404.24M
Oct 5, 2026$186.49$190.36$184.11$189.535.32M
Oct 2, 2026$186.88$189.10$185.88$187.463.09M
Oct 1, 2026$193.12$193.12$186.89$188.183.57M
Sep 30, 2026$195.00$195.22$190.82$190.824.36M
Sep 29, 2026$191.95$194.01$191.0001$193.903.6M
Sep 28, 2026$190.56$194.02$189.69$193.764.09M
Sep 25, 2026$190.55$190.988$187.31$190.483.9M
Sep 24, 2026$192.41$194.71$191.14$191.503.15M
Sep 23, 2026$190.05$193.00$188.55$190.847.31M
Sep 22, 2026$188.46$191.953$186.695$190.237.81M
Sep 21, 2026$188.00$188.48$185.84$187.485.7M
Sep 18, 2026$188.00$191.00$186.56$188.627.81M
Sep 17, 2026$192.795$192.795$188.695$190.483.01M
Sep 16, 2026$192.42$195.49$191.54$191.712.93M
Sep 15, 2026$192.91$195.225$190.794$194.114.18M
Sep 14, 2026$195.19$195.35$192.85$194.862.94M

Latest PM news

The latest Smart Investors Daily articles mentioning PM.

PM research

Overview

Company profile and research snapshot.

Company profile

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$178.67
Implied upside
—
Analysts
8
PM recent ratings
DateFirmRatingTarget
Sep 23, 2026UBSNeutral—
Jul 30, 2026CitigroupBuy—
Jul 29, 2026BarclaysOverweight—
Jul 23, 2026Morgan StanleyOverweight—
Jul 23, 2026StifelBuy—
Open full forecast

News briefing

Generated Oct 12, 2026, 5:22 PM

Why Is PM Moving Slightly Higher Today?

Philip Morris International (PM) gained a modest $0.33 (0.16%) today, reflecting steady investor interest in the tobacco dividend stock amid ongoing comparisons with peers and fundamental analysis of the company's competitive positioning. The small uptick suggests the market is digesting recent discussions about PM's dividend appeal and competitive moat within the tobacco sector.

    Bottom line: Philip Morris' modest daily gain reflects its stable positioning as a dividend aristocrat, though recent analyst commentary reveals genuine debate about whether the company can successfully navigate secular industry decline and investment in new product categories. Investors should monitor PM's progress on reduced-risk product adoption and international market dynamics while remaining aware that traditional cigarette headwinds could pressure long-term dividend growth.

    Yahoo · Oct 12, 2026

    What is Philip Morris’ (PM) Economic Moat, and is it Widening or Narrowing?

    Philip Morris International Inc. (NYSE:PM) closed at $201.19 on October 9. The stock has returned 25.4% during the last 6 months, compared to a 33.9% return for the Insider Monkey Billionaire Index and 18.2% for the State Street SPDR S&P 500 ETF Trust. The company’s stated plan is to stop selling cigarettes, which is the […]

    ChartMill · Oct 8, 2026

    Top S&P500 movers in Thursday's session

    Curious about the S&P500 stocks that are in motion on Thursday? Join us as we explore the top movers within the S&P500 index during today's session.

    AI research layers

    Interpretive context generated from the platform’s current data sources.

    Philip Morris International Inc. Stock Performance

    Philip Morris International Inc. shares traded at $201.19, reflecting a modest intraday decline of 0.73%, per SID market data. Despite the session's pullback, PM has demonstrated strong momentum across multiple timeframes, posting a one-month gain of 6.02%, a three-month return of 11.65%, and an impressive one-year appreciation of 23.7%. The stock currently trades well above both key moving averages, with the 50-day moving average at $189.88 and the 200-day moving average at $180.64, according to Massive/Polygon technical data. The 14-day relative strength index registers at 73.9, placing PM in overbought territory and suggesting elevated near-term buying pressure. The company's beta of 0.436 confirms its defensive characteristics, exhibiting significantly lower volatility than the broader market. Average daily trading volume stands at approximately 6.58 million shares, indicating consistent institutional liquidity in the name.

    Philip Morris International Inc. Valuation Analysis

    Philip Morris International carries a market capitalization of approximately $234.96 billion, positioning it among the largest companies in the Consumer Defensive sector, per SID market data. The stock trades at a price-to-earnings ratio of 27.29, which represents a premium relative to many consumer staples peers, while the PEG ratio of 5.76 suggests the current valuation is elevated when adjusted for expected earnings growth, according to SEC filings. Notably, the company reports a negative price-to-book ratio of -21.53, a result of its negative shareholders' equity stemming from aggressive share repurchase programs and accumulated dividend distributions over the years. PM offers a dividend yield of 3.66%, providing a meaningful income component for shareholders. The combination of a high PEG ratio and negative book value reflects a capital structure heavily reliant on debt financing, characteristic of Philip Morris's asset-light, franchise-driven business model focused on international tobacco and reduced-risk products.

    Smart Money Activity for PM

    Philip Morris International registers a composite smart money score of 58 out of 100, generating a neutral overall signal, per SID market data. The institutional component stands at a perfect 25 out of 25, indicating maximum institutional investor confidence and robust accumulation among large asset managers, according to 13F institutional filings. Congressional trading activity scores 12 out of 25, reflecting moderate engagement by members of Congress in PM shares. Insider activity registers at 12.5 out of 25, suggesting neither significant buying nor selling by corporate executives and directors, per SEC Form 4 filings. The dark pool activity score sits notably lower at 8.5 out of 25, indicating relatively subdued off-exchange block trading activity. The divergence between the maximum institutional score and the below-average dark pool reading presents a nuanced picture, where traditional long-only institutional holders maintain strong positions while shorter-term off-exchange activity remains limited. This composition supports a characterization of PM as a stable, widely held defensive holding among large institutional portfolios.

    Philip Morris International Inc. Earnings Outlook

    Philip Morris International delivered a notable earnings beat in its most recently reported quarter, posting actual earnings per share of $2.20 against a consensus estimate of $2.05, representing a positive surprise of $0.15 or approximately 7.3%, according to company earnings reports. Looking ahead, analyst estimates project EPS of $2.05 for the upcoming quarter ending July 2026, followed by estimates of $2.33 and $2.34 for the subsequent two quarters, per analyst estimates compiled by SID. The sequential increase in estimates from $2.05 to $2.34 implies analysts anticipate meaningful earnings growth through the fiscal year, likely driven by continued expansion of heated tobacco and nicotine pouch products. The next scheduled earnings release is set for July 21, 2026. The trajectory of rising quarterly estimates reflects confidence in PM's ability to sustain revenue growth and margin expansion across its smoke-free product portfolio.

    Wall Street Analyst Ratings for PM

    Wall Street consensus on Philip Morris International remains predominantly bullish, with four of the five most recent analyst ratings carrying buy-equivalent recommendations, according to Wall Street analyst reports. Citigroup reiterated a Buy rating on July 30, 2026, while Barclays and Morgan Stanley both maintained Overweight ratings on July 29 and July 23 respectively, per SID consensus data. Stifel also reiterated its Buy rating on July 23, 2026, following the company's strong quarterly earnings beat. The sole non-bullish voice comes from UBS, which maintained a Neutral rating on September 23, 2026, representing the most recent action on the stock. Notably, all five ratings were reiterations of prior positions rather than upgrades or downgrades, suggesting established conviction among covering analysts. The clustering of bullish reaffirmations in late July aligns with the post-earnings reporting period, when PM's $2.20 EPS beat provided fundamental support for continued positive outlooks from the majority of covering analysts.