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, February 5th. Shareholders of record on Friday, February 15th will be given a dividend of $1.44 per share on Tuesday, March 12th. This represents a $5.76 annualized dividend and a yield of 2.75%. The ex-dividend date is Thursday, February 14th. This is an increase from 3M's previous quarterly dividend of $1.36. View 3M's Dividend History.

3M announced that its board has initiated a stock buyback plan on Tuesday, November 13th 2018, which permits the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

3M Co (NYSE:MMM) issued its quarterly earnings results on Tuesday, January, 29th. The conglomerate reported $2.31 EPS for the quarter, topping the Zacks' consensus estimate of $2.28 by $0.03. The conglomerate had revenue of $7.95 billion for the quarter, compared to analysts' expectations of $7.87 billion. 3M had a net margin of 16.33% and a return on equity of 57.70%. The firm's revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.10 EPS. View 3M's Earnings History.

3M is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for 3M.

3M issued an update on its FY19 earnings guidance on Tuesday, January, 29th. The company provided EPS guidance of $10.45 to $10.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.70. 3M also updated its FY 2019 guidance to $10.45-10.90 EPS.

12 equities research analysts have issued 12-month price targets for 3M's shares. Their predictions range from $189.00 to $228.00. On average, they anticipate 3M's share price to reach $211.3636 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for 3M.

12 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

Media coverage about MMM stock has trended somewhat positive on Friday, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. 3M earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news stories about the conglomerate a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other 3M investors own include Johnson & Johnson (JNJ), Boeing (BA), AT&T (T), JPMorgan Chase & Co. (JPM), Procter & Gamble (PG), Intel (INTC), General Electric (GE), Cisco Systems (CSCO), Walt Disney (DIS) and Home Depot (HD).

3M's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.70%), Oregon Public Employees Retirement Fund (4.62%), Massachusetts Financial Services Co. MA (1.87%), Northern Trust Corp (1.39%), Geode Capital Management LLC (1.29%) and Bank of New York Mellon Corp (1.06%). 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, Joaquin Delgado, Jon T Lindekugel, Khandpur K Ashish, Kimberly F Price, Marlene Mary Mcgrath, Michael F Roman, Michael G Vale, 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 Bank of New York Mellon Corp, Findlay Park Partners LLP, Bank of Montreal Can, Massachusetts Financial Services Co. MA, Sarasin & Partners LLP, HM Payson & Co., Assenagon Asset Management S.A. and California Public Employees Retirement System. Company insiders that have sold 3M company stock in the last year include Eric D Hammes, Frank R Jr Little, Inge G Thulin, Ippocratis Vrohidis, James L Bauman, Joaquin Delgado, Jon T Lindekugel, Michael G Vale, Nicholas C Gangestad and Paul A Keel. View Insider Buying and Selling for 3M.

MMM stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Bessemer Group Inc., Geode Capital Management LLC, Bahl & Gaynor Inc., State of Tennessee Treasury Department, Mn Services Vermogensbeheer B.V. and Northern Trust Corp. 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 $209.34.

3M has a market capitalization of $120.54 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.

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.