Latest news with #SimonHales
Bloomberg
22-07-2025
- Business
- Bloomberg
Stock Movers: Circle Internet Group, Opendoor Technologies, Philip Morris
On this episode of Stock Movers: Circle Internet Group (CRCL) shares drop after the stablecoin issuer was downgraded to sell from neutral at Compass Point Research & Trading LLC, as it sees more competition for Circle now that the US stablecoin bill has passed. Opendoor Technologies (OPEN) shares surge. It extended its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms. Philip Morris (PM) shares fell after Zyn nicotine pouches shipments accelerated by less than analysts had expected. Citi analyst Simon Hales said "Underlying Zyn consumer off-take trends remain strong" but the volume miss is likely to weigh on the shares.
Yahoo
22-04-2025
- Business
- Yahoo
How To Earn $500 A Month From Philip Morris Stock Ahead Of Q1 Earnings
Philip Morris International Inc. (NYSE:PM) will release its first-quarter financial results before the opening bell on Wednesday, April 23. Analysts expect the company to report quarterly earnings at $1.61 per share, up from $1.50 per share in the year-ago period. According to data from Benzinga Pro, Philip Morris International projects quarterly revenue of $9.14 billion, compared to $8.79 billion a year earlier. On April 16, Citigroup analyst Simon Hales maintained Philip Morris Intl with a Buy rating and raised the price target from $163 to $180. With the recent buzz around Philip Morris, some investors may be eyeing potential gains from the company's dividends too. Currently, Philip Morris offers an annual dividend yield of 3.33%. That's a quarterly dividend of $1.35 per share ($5.40 a year). To figure out how to earn $500 monthly from Philip Morris, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Philip Morris $5.40 dividend: $6,000 / $5.40 = 1,111 shares. So, an investor would need to own approximately $180,182 worth of Philip Morris, or 1,111 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $5.40 = 222 shares, or $36,004 to generate a monthly dividend income of $100. View more earnings on PM Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. PM Price Action: Shares of Philip Morris fell by 0.6% to close at $162.18 on More: Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? PHILIP MORRIS INTL (PM): Free Stock Analysis Report This article How To Earn $500 A Month From Philip Morris Stock Ahead Of Q1 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
