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

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$196.10 -6.03 (-2.98 %)
(As of 12/16/2018 03:12 PM ET)
Previous Close$196.10
Today's Range$195.85 - $201.57
52-Week Range$181.98 - $259.77
Volume2.47 million shs
Average Volume2.03 million shs
Market Capitalization$114.19 billion
P/E Ratio21.38
Dividend Yield2.77%
Beta1.18
3M Company operates as a diversified technology company worldwide. The company's Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. Its Safety and Graphics Business segment provides personal protection products, transportation safety products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products. The company's Health Care segment offers medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal drug delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company's Consumer segment offers sponges, scouring pads, high-performance cloths, repositionable notes, indexing systems, home improvement and care products, and protective materials; and consumer and office tapes and adhesives. 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 directly, as well as through wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Surgical & medical instruments
Sub-IndustryIndustrial Conglomerates
SectorMulti-Sector Conglomerates
Current SymbolNYSE:MMM
Previous Symbol
CUSIP88579Y10
Phone651-733-1110

Debt

Debt-to-Equity Ratio1.31
Current Ratio1.97
Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio21.38
Forward P/E Ratio19.71
P/E Growth1.94

Sales & Book Value

Annual Sales$31.66 billion
Price / Sales3.61
Cash Flow$12.0455 per share
Price / Cash Flow16.28
Book Value$19.54 per share
Price / Book10.04

Profitability

EPS (Most Recent Fiscal Year)$9.17
Net Income$4.86 billion
Net Margins13.79%
Return on Equity54.60%
Return on Assets15.73%

Miscellaneous

Employees91,536
Outstanding Shares582,290,000
Market Cap$114.19 billion
OptionableOptionable

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 announced a quarterly dividend on Tuesday, November 13th. Investors 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 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Wednesday, November 21st. View 3M's Dividend History.

How will 3M's stock buyback program work?

3M announced that its board has approved a stock repurchase program on Tuesday, November 13th 2018, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

How were 3M's earnings last quarter?

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

When is 3M's next earnings date?

3M is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for 3M.

How can I listen to 3M's earnings call?

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.

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

3M updated its FY 2019 earnings guidance on Thursday, November, 15th. The company provided earnings per share guidance of $10.60-11.05 for the period.

What price target have analysts set for MMM?

13 brokerages have issued twelve-month price targets for 3M's shares. Their predictions range from $190.00 to $285.00. On average, they anticipate 3M's stock price to reach $218.5833 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for 3M.

What is the consensus analysts' recommendation 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.

Has 3M been receiving favorable news coverage?

Headlines about MMM stock have been trending positive this week, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 3.0 on InfoTrie's scale. They also assigned news stories about the conglomerate a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the immediate future.

Who are some of 3M's key competitors?

Who are 3M's key executives?

3M's management team includes the folowing people:
  • Mr. Inge G. Thulin, Exec. Chairman (Age 64)
  • Mr. Michael F. Roman, CEO & Director (Age 58)
  • Mr. Hak Cheol Shin, Vice Chair & Exec. VP (Age 61)
  • Mr. Nicholas C. Gangestad, Sr. VP & CFO (Age 53)
  • Mr. Ippocratis Vrohidis, VP, Corp. Controller & Chief Accounting Officer (Age 51)

Who are 3M's major shareholders?

3M's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.40%), Vanguard Group Inc (8.40%), BlackRock Inc. (6.50%), Massachusetts Financial Services Co. MA (1.89%), Wells Fargo & Company MN (1.17%) and Bank of New York Mellon Corp (1.14%). 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.

Which institutional investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, FMR LLC, Janus Henderson Group PLC, Massachusetts Financial Services Co. MA, Bahl & Gaynor Inc., Prudential Financial Inc. and TIAA CREF Investment Management 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.

Which institutional investors are buying 3M stock?

MMM stock was acquired by a variety of institutional investors in the last quarter, including Rehmann Capital Advisory Group, Morgan Stanley, Cornerstone Wealth Management LLC, Bank of Montreal Can, Pictet Asset Management Ltd., Canada Pension Plan Investment Board, State of New Jersey Common Pension Fund D and Los Angeles Capital Management & Equity Research Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is 3M's stock price today?

One share of MMM stock can currently be purchased for approximately $196.10.

How big of a company is 3M?

3M has a market capitalization of $114.19 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.

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:  2.1 out of 5 (star star)
Outperform Votes:  572 (Vote Outperform)
Underperform Votes:  778 (Vote Underperform)
Total Votes:  1,350
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 12/16/2018 by MarketBeat.com Staff

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