Philip Morris stock rises as investors weigh 2026 EPS guidance

Published on 09/17/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Philip Morris stock closed at USD 99.42 on September 16, 2026, down 0.8 percent from the prior session. PMI also said on September 17, 2026 that it raised its 2026 full-year diluted EPS forecast for currency only.

Arbeiter sortieren grüne Tabakblätter an Förderband einer unbeschrifteten Anlage bei Sonnenaufgang — Philip Morris Intl (ISIN US7181721090) zeigt Arbeiter an Förderband einer Tabakverarbeitungsanlage bei Sonnenaufgang, Illustration mit AI erstellt.

Philip Morris stock (ISIN US7181721090) closed at USD 99.42 on September 16, 2026, down 0.8 percent from the prior session. PMI also said on September 17, 2026 that it raised its 2026 full-year diluted EPS forecast for currency only, according to a release covered by ad hoc news.

EPS guidance takes center stage

The update comes on the same day as the 2026 Barclays Global Consumer Conference in Boston, where Group CEO Jacek Olczak is due to address investors at 9:45 a.m. ET, according to the same ad hoc news report. For investors, the key point is that Philip Morris is still steering expectations with a currency-only adjustment rather than a full reset.

On the valuation side, Stock Market Ranks said on September 17, 2026 that PM's trailing P/E is 27.54x, based on a stock price of USD 191.71 and trailing twelve-month EPS of USD 6.96. The same data set puts the PEG ratio at 0.87 and shows the current P/E at 36.3 percent above its 5-year average of 20.2x.

Valuation stays elevated

That matters because the stock is already priced above its recent earnings base, and the reported 2025 EPS figure of USD 7.29 in the same data set is below the current TTM EPS of USD 6.96. The gap between the 2025 reading and the current multiple leaves valuation sensitivity high if the conference tone disappoints.

PMI's investor-relations page says the company has increased its annual dividend every year since becoming a public company in 2008, with a total increase of 219.6 percent and a compound annual growth rate of 7.1 percent. The same page lists a September 18, 2026 declaration date and an October 2, 2026 ex-dividend date for the next scheduled dividend cycle.

Dividend dates ahead

Philip Morris stock traded at USD 99.42 on September 16, 2026, with a daily decline of 0.8 percent. The stockmarketranks data also show a trailing P/E of 27.54x and TTM EPS of USD 6.96, a combination that keeps the focus on guidance rather than pure yield.