NYSE:MMM - 3M Stock Price, Forecast & News

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

3M announced a quarterly dividend on Tuesday, November 12th. Shareholders of record on Friday, November 22nd will be paid a dividend of $1.44 per share on Thursday, December 12th. This represents a $5.76 annualized dividend and a yield of 3.18%. The ex-dividend date is Thursday, November 21st. View 3M's Dividend History.

3M announced that its Board of Directors has initiated a share buyback program on Tuesday, November 13th 2018, which authorizes the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 8.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

3M Co (NYSE:MMM) announced its quarterly earnings data on Thursday, October, 24th. The conglomerate reported $2.58 earnings per share for the quarter, topping analysts' consensus estimates of $2.49 by $0.09. The conglomerate had revenue of $7.99 billion for the quarter, compared to analyst estimates of $8.20 billion. 3M had a return on equity of 54.02% and a net margin of 15.48%. The business's quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.58 EPS. View 3M's Earnings History.

3M is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for 3M.

3M will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3M issued an update on its fourth quarter earnings guidance on Thursday, October, 24th. The company provided EPS guidance of $2.05-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.37.

11 analysts have issued twelve-month price targets for 3M's shares. Their forecasts range from $150.00 to $194.00. On average, they anticipate 3M's stock price to reach $173.63 in the next year. This suggests that the stock has a possible downside of 4.2%. View Analyst Price Targets for 3M.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

News stories about MMM stock have been trending positive recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. 3M earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave news coverage about the conglomerate a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for 3M.

Some companies that are related to 3M include Stryker (SYK), Becton Dickinson and (BDX), Boston Scientific (BSX), Baxter International (BAX), FRESENIUS SE &/S (FSNUY), ResMed (RMD), DexCom (DXCM), Teleflex (TFX), Insulet (PODD), Novocure (NVCR), ABIOMED (ABMD), Hill-Rom (HRC), Haemonetics (HAE), Penumbra (PEN) and Globus Medical (GMED).

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

3M's stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.08%), Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.04%), Manning & Napier Group LLC (0.03%), Welch & Forbes LLC (0.03%) and Assenagon Asset Management S.A. (0.03%). Company insiders that own 3M stock include David B Dillon, Eric D Hammes, Frank R Jr Little, Gregory R Page, Hak Cheol Shin, 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.

MMM stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Riverbridge Partners LLC, Nisa Investment Advisors LLC, Boston Trust Walden Corp, United Services Automobile Association, Gantzert Investment Co. LLC ADV, Webster Bank N. A. and Huntington National Bank. Company insiders that have sold 3M company stock in the last year include Eric D Hammes, Inge G Thulin, Ippocratis Vrohidis, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Julie L Bushman, Khandpur K Ashish, Michael G Vale, Nicholas C Gangestad, Paul A Keel and Ty R Silberhorn. View Insider Buying and Selling for 3M.

MMM stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Fluent Financial LLC, Johanson Financial Advisors Inc., Tealwood Asset Management Inc., Manning & Napier Group LLC, UNIVEST FINANCIAL Corp, Alpine Global Management LLC and Hennessy Advisors Inc.. 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 for 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.

One share of MMM stock can currently be purchased for approximately $181.24.

3M has a market capitalization of $104.22 billion and generates $32.77 billion in revenue each year. The conglomerate earns $5.35 billion in net income (profit) each year or $10.46 on an earnings per share basis. 3M employs 93,516 workers across the globe.View Additional Information About 3M.

The official website for 3M is http://www.3m.com/.

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.