Philip Morris International Bull Case
Here are some ways that investors could benefit from investing in Philip Morris International Inc.:
- The stock is currently trading at $149.18, reflecting strong market interest and potential for growth.
- Philip Morris International Inc. recently reported earnings per share of $1.55, exceeding the consensus estimate of $1.49, indicating robust financial performance.
- The company has declared a quarterly dividend of $1.35 per share, translating to an annualized dividend of $5.40, which offers a yield of 3.61%, appealing to income-focused investors.
- Institutional investors hold approximately 78.63% of the stock, suggesting strong confidence in the company's long-term prospects.
- Analysts have a "Moderate Buy" rating on the stock, with an average target price of $141.22, indicating potential upside for investors.