3M Stock Price, News & Analysis (NYSE:MMM)

$166.76
-0.31 (-0.19 %)
(As of 09/23/2019 03:02 AM ET)
Today's Range
$166.48
Now: $166.76
$169.17
50-Day Range
$155.85
MA: $163.54
$174.33
52-Week Range
$154.00
Now: $166.76
$219.75
Volume3.47 million shs
Average Volume2.40 million shs
Market Capitalization$95.93 billion
P/E Ratio15.94
Dividend Yield3.45%
Beta1.11
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$32.77 billion
Cash Flow$13.3408 per share
Book Value$16.91 per share

Profitability

Net Income$5.35 billion

Miscellaneous

Employees93,516
Market Cap$95.93 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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3M (NYSE:MMM) Frequently Asked Questions

What is 3M's stock symbol?

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

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

3M declared a quarterly dividend on Tuesday, August 6th. Investors of record on Friday, August 16th will be given a dividend of $1.44 per share on Thursday, September 12th. This represents a $5.76 annualized dividend and a yield of 3.45%. The ex-dividend date is Thursday, August 15th. View 3M's Dividend History.

How will 3M's stock buyback program work?

3M announced that its board has initiated a share buyback program on Tuesday, November 13th 2018, which allows the company to buyback $10,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 8.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were 3M's earnings last quarter?

3M Co (NYSE:MMM) released its earnings results on Thursday, July, 25th. The conglomerate reported $2.20 EPS for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. The conglomerate had revenue of $8.17 billion for the quarter, compared to the consensus estimate of $8.10 billion. 3M had a net margin of 15.27% and a return on equity of 55.05%. The company's quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.59 earnings per share. View 3M's Earnings History.

When is 3M's next earnings date?

3M is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for 3M.

What guidance has 3M issued on next quarter's earnings?

3M updated its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $9.25-9.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.36.

What price target have analysts set for MMM?

12 brokerages have issued 12 month price targets for 3M's shares. Their predictions range from $140.00 to $225.00. On average, they expect 3M's stock price to reach $182.4983 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Price Targets for 3M.

What is the consensus analysts' recommendation for 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.

Has 3M been receiving favorable news coverage?

Headlines about MMM stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. 3M earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage 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 stock's share price in the near term. View News Stories for 3M.

Are investors shorting 3M?

3M saw a decrease in short interest in August. As of August 15th, there was short interest totalling 9,470,300 shares, a decrease of 15.2% from the July 15th total of 11,164,600 shares. Based on an average trading volume of 3,180,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.7% of the company's stock are sold short. View 3M's Current Options Chain.

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), Boeing (BA), Cisco Systems (CSCO), Procter & Gamble (PG), Intel (INTC), Walt Disney (DIS), Exxon Mobil (XOM), Alibaba Group (BABA) and Home Depot (HD).

Who are 3M's key executives?

3M's management team includes the folowing 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)

Who are 3M's major shareholders?

3M's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.64%), BlackRock Inc. (6.80%), BlackRock Inc. (6.80%), Northern Trust Corp (1.32%), Wells Fargo & Company MN (1.03%) and Bank of New York Mellon Corp (0.93%). 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, Ivan K Fong, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Khandpur K Ashish, Michael F Roman, Michael G Vale, Nicholas C Gangestad and Paul A Keel. 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 Bahl & Gaynor Inc., Findlay Park Partners LLP, Wells Fargo & Company MN, Northern Trust Corp, Janus Henderson Group PLC, Janus Henderson Group PLC, Parametric Portfolio Associates LLC and Amundi Pioneer Asset Management Inc.. Company insiders that have sold 3M company stock in the last year include Inge G Thulin, Ippocratis Vrohidis, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Michael G Vale, Nicholas C Gangestad and Paul A Keel. View Insider Buying and Selling for 3M.

Which major investors are buying 3M stock?

MMM stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Thoroughbred Financial Services LLC, Point72 Asset Management L.P., BlackRock Inc., BlackRock Inc., Vanguard Group Inc., AQR Capital Management LLC and Jensen Investment Management 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.

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.

What is 3M's stock price today?

One share of MMM stock can currently be purchased for approximately $166.76.

How big of a company is 3M?

3M has a market capitalization of $95.93 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.

What is 3M's official website?

The official website for 3M is http://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.


MarketBeat Community Rating for 3M (NYSE MMM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  689 (Vote Outperform)
Underperform Votes:  840 (Vote Underperform)
Total Votes:  1,529
MarketBeat's community ratings are surveys of what our community members think about 3M and other stocks. Vote "Outperform" if you believe MMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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