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NYSE:MMM3M Stock Price, Forecast & News

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Today's Range N/A
50-Day Range
$150.41
MA: $155.98
$163.24
52-Week Range N/A
Volume2.18 million shs
Average Volume2.86 million shs
Market Capitalization$91.20 billion
P/E Ratio17.95
Dividend Yield3.71%
Beta0.95
3M Company operates as a technology company worldwide. The company's Industrial segment offers tapes, abrasives, adhesives, ceramics, sealants, specialty materials, purification products, closure systems, acoustic systems products, automotive components, abrasion-resistant films, and paint finishing and detailing products. Its Safety and Graphics segment provides personal protection and transportation safety products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules, fall protection products, self-contained breathing apparatus systems, and gas and flame detection instruments. The company's Health Care segment offers medical and surgical supplies, skin health and infection prevention products, drug delivery and health information systems, dental and orthodontic products, and food safety products. Its Electronics and Energy segment provides optical films, packaging and interconnection devices, insulating and splicing solutions, touch screens and monitors, renewable energy component solutions, and infrastructure protection products. The company's Consumer segment offers consumer and office tapes and adhesives, repositionable notes, indexing systems, home improvement products, furnace filters, painter tapes, mounting and home care products, sponges, scouring pads, high-performance clothes, protective material products, and adhesive bandages and braces. It also provides cloud-based, conversational artificial intelligence-powered systems. It serves automotive, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars


Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryIndustrial Conglomerates
CUSIP88579Y10
Phone651-733-1110

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.14 billion
Book Value$18.95 per share

Profitability

Net Income$4.57 billion

Miscellaneous

Employees96,163
Market Cap$91.20 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
30 days | 90 days | 365 days | Advanced Chart

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3M (NYSE:MMM) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of 3M?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for 3M
.

When is 3M's next earnings date?

3M is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for 3M
.

How were 3M's earnings last quarter?

3M Co (NYSE:MMM) posted its quarterly earnings data on Tuesday, July, 28th. The conglomerate reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.77 by $0.01. The conglomerate earned $7.18 billion during the quarter, compared to the consensus estimate of $7.29 billion. 3M had a net margin of 16.38% and a return on equity of 46.86%. The firm's revenue was down 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.20 EPS.
View 3M's earnings history
.

How often does 3M pay dividends? What is the dividend yield for 3M?

3M declared a quarterly dividend on Tuesday, May 12th. Investors of record on Friday, May 22nd will be given a dividend of $1.47 per share on Friday, June 12th. This represents a $5.88 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, May 21st.
View 3M's dividend history
.

How will 3M's stock buyback program work?

3M declared that its board has authorized a stock repurchase program on Tuesday, November 13th 2018, which authorizes the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 8.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for MMM?

12 equities research analysts have issued 1 year price targets for 3M's shares. Their forecasts range from $157.00 to $180.00. On average, they anticipate 3M's stock price to reach $167.50 in the next twelve months.
View analysts' price targets for 3M
.

Has 3M been receiving favorable news coverage?

Press coverage about MMM stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. 3M earned a news impact score of -4.8 on InfoTrie's scale. They also assigned news articles about the conglomerate a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about 3M
.

Who are some of 3M's key competitors?

What other stocks do shareholders of 3M own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 3M investors own include Johnson & Johnson (JNJ), AT&T (T), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC), Exxon Mobil (XOM), Procter & Gamble (PG), Boeing (BA), Verizon Communications (VZ) and AbbVie (ABBV).

Who are 3M's key executives?

3M's management team includes the following people:
  • Mr. Inge G. Thulin, Exec. Chairman (Age 65)
  • Mr. Michael F. Roman, CEO & Director (Age 59)
  • Mr. Nicholas C. Gangestad, Sr. VP & CFO (Age 54)
  • Mr. Ippocratis Vrohidis, VP, Corp. Controller & Chief Accounting Officer (Age 52)
  • Dr. John P. Banovetz, Sr. VP of R&D & CTO (Age 51)

What is 3M's stock symbol?

3M trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMM."

Who are 3M's major shareholders?

3M's stock is owned by a number of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.77%), Sumitomo Mitsui Trust Holdings Inc. (0.49%), PNC Financial Services Group Inc. (0.42%), Swiss National Bank (0.40%), New York State Common Retirement Fund (0.23%) and Principal Financial Group Inc. (0.19%). Company insiders that own 3M stock include David B Dillon, Eric D Hammes, Gregory R Page, Inge G Thulin, Ippocratis Vrohidis, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Julie L Bushman, Khandpur K Ashish, Michael F Roman, Michael G Vale, Nicholas C Gangestad, Paul A Keel and Ty R Silberhorn.
View institutional ownership trends for 3M
.

Which major investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including Cooke & Bieler LP, Prudential PLC, Banco Santander S.A., Nuance Investments LLC, Retirement Systems of Alabama, Spinnaker Trust, New York State Common Retirement Fund, and Gateway Investment Advisers LLC. Company insiders that have sold 3M company stock in the last year include Eric D Hammes, Julie L Bushman, Khandpur K Ashish, Michael F Roman, Michael G Vale, and Ty R Silberhorn.
View insider buying and selling activity for 3M
.

Which major investors are buying 3M stock?

MMM stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, First Trust Advisors LP, Assenagon Asset Management S.A., Leelyn Smith LLC, Victory Capital Management Inc., Sumitomo Mitsui Trust Holdings Inc., Hamlin Capital Management LLC, and DekaBank Deutsche Girozentrale. Company insiders that have bought 3M stock in the last two years include David B Dillon, and Gregory R Page.
View insider buying and selling activity for 3M
.

How do I buy shares of 3M?

Shares of MMM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

How big of a company is 3M?

3M has a market capitalization of $0.00 and generates $32.14 billion in revenue each year. The conglomerate earns $4.57 billion in net income (profit) each year or $9.10 on an earnings per share basis. 3M employs 96,163 workers across the globe.

What is 3M's official website?

The official website for 3M is www.3m.com.

How can I contact 3M?

3M's mailing address is 3M CENTER BLDG. 220-11W-02, ST PAUL MN, 55144. The conglomerate can be reached via phone at 651-733-1110.

This page was last updated on 8/9/2020 by MarketBeat.com Staff

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