Philip Morris International (NYSE:PM) Issues Q1 2026 Earnings Guidance

Philip Morris International (NYSE:PM) updated its first quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.800-1.850 for the period, compared to the consensus earnings per share estimate of 1.890. The company issued revenue guidance of -. Philip Morris International also updated its FY 2026 guidance to 8.380-8.530 EPS.

Philip Morris International Stock Performance

PM traded up $0.78 during trading on Friday, reaching $182.78. 8,511,695 shares of the stock were exchanged, compared to its average volume of 5,807,832. The stock’s 50 day moving average price is $163.48 and its two-hundred day moving average price is $161.53. Philip Morris International has a twelve month low of $142.11 and a twelve month high of $186.69. The stock has a market cap of $284.52 billion, a P/E ratio of 33.11, a price-to-earnings-growth ratio of 1.94 and a beta of 0.39.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting analysts’ consensus estimates of $1.70. The company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. Philip Morris International had a net margin of 9.33% and a negative return on equity of 122.14%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 EPS. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Equities research analysts predict that Philip Morris International will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s payout ratio is currently 106.52%.

Analyst Ratings Changes

A number of research firms recently weighed in on PM. Stifel Nicolaus set a $180.00 price target on Philip Morris International in a research note on Tuesday, October 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. The Goldman Sachs Group reissued a “buy” rating on shares of Philip Morris International in a report on Wednesday, October 22nd. Barclays decreased their target price on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a research report on Monday, November 17th. Finally, Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $184.56.

More Philip Morris International News

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Raised FY‑2026 EPS outlook slightly above Street consensus (8.380–8.530 vs. ~8.33), signaling management confidence in longer‑term earnings power. Philip Morris International Reports 2025 Fourth-Quarter & Full-Year Results
• Positive Sentiment: Q4 EPS showed year‑over‑year improvement (reported $1.70; Zacks notes it beat their consensus), with management citing pricing strength and expansion of smoke‑free products as growth drivers. These factors support margin resilience and medium‑term growth. Philip Morris Q4 Earnings Beat Estimates, Revenues Grow 6.8% Y/Y
• Neutral Sentiment: Top‑line was essentially in line with expectations — revenue $10.36B vs. ~$10.40B consensus and ~+6.8% YoY — leaving overall headline numbers largely as expected and reducing the surprise factor. Philip Morris (NYSE:PM) posts Q4 CY2025 sales in line with estimates
• Negative Sentiment: Q1 2026 EPS guidance (1.800–1.850) came in below the Street view (~1.89), which could pressure near‑term sentiment and expectations for sequential growth. Philip Morris Posts Higher Profit, Revenue; Forecasts Continued Growth
• Negative Sentiment: Some outlets highlight the revenue shortfall and described the results as “soft” or merely meeting expectations, which triggered an early pullback in the stock despite the stronger full‑year guide. Philip Morris Stock Drops. Why Earnings Are a Drag for the Tobacco Giant.

Institutional Investors Weigh In On Philip Morris International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial Engines Advisors L.L.C. raised its position in shares of Philip Morris International by 8.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 5,512 shares of the company’s stock worth $894,000 after acquiring an additional 420 shares during the last quarter. Keystone Financial Group lifted its position in shares of Philip Morris International by 16.3% in the 3rd quarter. Keystone Financial Group now owns 19,382 shares of the company’s stock worth $3,123,000 after purchasing an additional 2,710 shares during the period. Morningstar Investment Management LLC lifted its position in shares of Philip Morris International by 1,325.0% in the 3rd quarter. Morningstar Investment Management LLC now owns 38,716 shares of the company’s stock worth $6,280,000 after purchasing an additional 35,999 shares during the period. Kestra Private Wealth Services LLC boosted its stake in shares of Philip Morris International by 2.1% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 49,459 shares of the company’s stock valued at $8,022,000 after purchasing an additional 1,022 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Philip Morris International by 16.2% during the third quarter. NewEdge Advisors LLC now owns 421,082 shares of the company’s stock worth $68,299,000 after buying an additional 58,770 shares during the period. 78.63% of the stock is currently owned by institutional investors.

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.