Philip Morris: A Top Income Stock With A 6% Yield [Seeking Alpha]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
Check Earnings Report
US:NYSE Investor Relations:
pmi.com/investor-relations/overview
Company Research
Source: Seeking Alpha
The company has ambitious growth targets for its tobacco-free products and expects to generate two-thirds of its net revenues from non-traditional products by 2030. Philip Morris' non-traditional products have better unit economics, leading to income upside and dividend growth for the company and its shareholders. Philip Morris International ( NYSE: PM ) is a well-run tobacco firm that makes continual gains in the smoke-free product segment. Philip Morris is seeing strong growth for its heated tobacco and electronic cigarette products, and the company has laid out ambitious growth targets to expand its tobacco-free product segments to a two-third revenue share by the end of the decade. Since Philip Morris is growing its profits in the smoke-free segment especially fast, a changing portfolio mix could drive significant income upside for the tobacco company and its shareholders. With a 13X P/E ratio and a 6% dividend yield, I believe the risk profile is attractive for dividend and
Show less
Read more
Impact Snapshot
Event Time:
PM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PM alerts
High impacting Philip Morris International Inc news events
Weekly update
A roundup of the hottest topics
PM
News
- Analysis-Philip Morris faces key test with US heated tobacco push [Yahoo! Finance]Yahoo! Finance
- Philip Morris Stock Has 24% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- In 4 Days, Philip Morris Stock Becomes an Even Better Investment [Yahoo! Finance]Yahoo! Finance
- Philip Morris (PM) International Revenue in Focus: Trends and Expectations [Yahoo! Finance]Yahoo! Finance
- Philip Morris Beats Estimates in Q1 Earnings: ETFs in Focus [Yahoo! Finance]Yahoo! Finance
PM
Earnings
- 4/23/24 - Beat
PM
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 144
- PM's page on the SEC website