NYSE:MMM - 3M Stock Price, Price Target & More

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$202.07 +0.96 (+0.48 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$201.11
Today's Range$200.13 - $203.07
52-Week Range$191.44 - $259.77
Volume1.92 million shs
Average Volume2.70 million shs
Market Capitalization$119.44 billion
P/E Ratio22.04
Dividend Yield2.70%
Beta1.16
3M logo3M 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
SymbolNYSE:MMM
CUSIP88579Y10
Phone651-733-1110

Debt

Debt-to-Equity Ratio1.11
Current Ratio1.65
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio22.04
Forward P/E Ratio19.56
P/E Growth1.91

Sales & Book Value

Annual Sales$31.66 billion
Price / Sales3.79
Cash Flow$12.0928 per share
Price / Cash16.71
Book Value$19.54 per share
Price / Book10.34

Profitability

EPS (Most Recent Fiscal Year)$9.17
Net Income$4.86 billion
Net Margins12.83%
Return on Equity50.11%
Return on Assets15.99%

Miscellaneous

Employees91,536
Outstanding Shares593,690,000
Market Cap$119,438.95

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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 announced a quarterly dividend on Tuesday, May 8th. Shareholders of record on Friday, May 18th will be paid a dividend of $1.36 per share on Tuesday, June 12th. This represents a $5.44 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Thursday, May 17th. View 3M's Dividend History.

How were 3M's earnings last quarter?

3M Co (NYSE:MMM) announced its quarterly earnings results on Tuesday, April, 24th. The conglomerate reported $2.50 earnings per share for the quarter, hitting analysts' consensus estimates of $2.50. The conglomerate earned $8.28 billion during the quarter, compared to the consensus estimate of $8.21 billion. 3M had a return on equity of 50.11% and a net margin of 12.83%. The business's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.16 EPS. View 3M's Earnings History.

When is 3M's next earnings date?

3M is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for 3M.

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

3M issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided EPS guidance of $10.20-10.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $10.54.

What price target have analysts set for MMM?

16 Wall Street analysts have issued 12 month price targets for 3M's stock. Their forecasts range from $200.00 to $285.00. On average, they expect 3M's share price to reach $229.6667 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Ratings for 3M.

What is the consensus analysts' recommendation for 3M?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 4 sell ratings, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about 3M stock?

Here are some recent quotes from research analysts about 3M stock:
  • 1. According to Zacks Investment Research, "Over the past three months, 3M’s shares have underperformed and look overvalued compared with the industry. Escalating cost has become a major cause of concern for the company. High retirement benefit cost, inflation in the prices of major inputs and escalating freight expenses might continue to augment the company’s aggregate cost, in turn, hurting its near-term profitability. Notably, 3M has lowered its earnings guidance for 2018. Also, other headwinds like stiff competition from local players and supply contract issues remain causes of concern." (7/15/2018)
  • 2. Barclays PLC analysts commented, "Barclays analyst Julian Mitchell lowered his price target for 3M to $210 saying short-cycle concerns may not abate in the near-term following yesterdays Q1 results. The short-cycle has slowed, but there may be further to go, Mitchell tells investors in a post-earnings research note. The analyst keeps an Underweight rating on 3M shares." (4/25/2018)

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, Chairman, CEO & Pres (Age 64)
  • Mr. Nicholas C. Gangestad, Sr. VP & CFO (Age 53)
  • Mr. Michael F. Roman, Exec. VP, COO & Director (Age 58)
  • Mr. Hak Cheol Shin, Vice Chair & Exec. VP (Age 61)
  • Mr. Frank R. Little Jr., Exec. VP of Safety & Graphics Bus. Group (Age 57)

Has 3M been receiving favorable news coverage?

News articles about MMM stock have been trending positive on Tuesday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. 3M earned a coverage optimism score of 0.32 on Accern's scale. They also gave headlines about the conglomerate an impact score of 46.79 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are 3M's major shareholders?

3M's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.09%), Swedbank (0.09%), Alecta Pensionsforsakring Omsesidigt (0.08%), Retirement Systems of Alabama (0.07%), Gateway Investment Advisers LLC (0.06%) and Welch & Forbes LLC (0.04%). Company insiders that own 3M stock include Eric D Hammes, Frank R Jr Little, Hak Cheol Shin, Inge G Thulin, Ippocratis Vrohidis, Ivan K Fong, James L Bauman, Jon T Lindekugel, Julie L Bushman, 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 major investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including Sabal Trust CO, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Capital One National Association, NN Investment Partners Holdings N.V., Radnor Capital Management LLC, Manning & Napier Group LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund 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, Ivan K Fong, James L Bauman, Jon T Lindekugel, Khandpur K Ashish, Michael F Roman, 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 Alecta Pensionsforsakring Omsesidigt, Confluence Investment Management LLC, Assenagon Asset Management S.A., State of Alaska Department of Revenue, Gofen & Glossberg LLC IL, Calamos Advisors LLC, Benson Investment Management Company Inc. and Park National Corp OH. 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 $202.07.

How big of a company is 3M?

3M has a market capitalization of $119.44 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  454 (Vote Outperform)
Underperform Votes:  695 (Vote Underperform)
Total Votes:  1,149
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 7/17/2018 by MarketBeat.com Staff

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