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

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

3M announced a quarterly dividend on Tuesday, November 13th. Shareholders of record on Friday, November 23rd will be paid a dividend of $1.36 per share on Wednesday, December 12th. This represents a $5.44 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Wednesday, November 21st. View 3M's Dividend History.

3M announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, November 13th 2018, which authorizes the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 8.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

3M Co (NYSE:MMM) released its earnings results on Tuesday, October, 23rd. The conglomerate reported $2.58 EPS for the quarter, missing analysts' consensus estimates of $2.70 by $0.12. The conglomerate earned $8.15 billion during the quarter, compared to analysts' expectations of $8.41 billion. 3M had a return on equity of 54.60% and a net margin of 13.79%. The firm's revenue was down .2% on a year-over-year basis. During the same period in the previous year, the business earned $2.33 EPS. View 3M's Earnings History.

3M is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for 3M.

3M will be holding an earnings conference call on Tuesday, January 29th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8007622596.

3M issued an update on its FY 2019 earnings guidance on Thursday, November, 15th. The company provided earnings per share (EPS) guidance of $10.60-11.05 for the period.

13 brokers have issued 1-year price targets for 3M's stock. Their predictions range from $189.00 to $285.00. On average, they anticipate 3M's stock price to reach $217.50 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for 3M.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

News articles about MMM stock have trended somewhat negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. 3M earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned news stories about the conglomerate a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

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

3M's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.10%), Gateway Investment Advisers LLC (0.06%), ACG Wealth (0.04%), Personal Capital Advisors Corp (0.04%), Park National Corp OH (0.03%) and State of Alaska Department of Revenue (0.03%). Company insiders that own 3M stock include Eric D Hammes, Frank R Jr Little, Gregory R Page, Hak Cheol Shin, Inge G Thulin, Ippocratis Vrohidis, Ivan K Fong, James L Bauman, Jon T Lindekugel, Khandpur K Ashish, Kimberly F Price, Marlene Mary Mcgrath, Michael F Roman, Nicholas C Gangestad and Paul A Keel. View Institutional Ownership Trends for 3M.

MMM stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Sit Investment Associates Inc., Granite Investment Advisors LLC, First Citizens Bank & Trust Co., Vigilant Capital Management LLC, Highland Capital Management LLC, Louisiana State Employees Retirement System and Riverbridge Partners LLC. Company insiders that have sold 3M company stock in the last year include Eric D Hammes, Frank R Jr Little, Hak Cheol Shin, Inge G Thulin, Ippocratis Vrohidis, Jon T Lindekugel, Michael F Roman and Nicholas C Gangestad. View Insider Buying and Selling for 3M.

MMM stock was bought by a variety of institutional investors in the last quarter, including Town & Country Bank & Trust CO dba First Bankers Trust CO, DNB Asset Management AS, Confluence Investment Management LLC, Personal Capital Advisors Corp, Gofen & Glossberg LLC IL, State of Alaska Department of Revenue, Welch Group LLC and Strategic Wealth Management Group LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of MMM stock can currently be purchased for approximately $189.48.

3M has a market capitalization of $111.90 billion and generates $31.66 billion in revenue each year. The conglomerate earns $4.86 billion in net income (profit) each year or $9.17 on an earnings per share basis. 3M employs 91,536 workers across the globe.

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.