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.
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Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryIndustrial Conglomerates
SectorMulti-Sector Conglomerates
Phone651-733-1110
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$32.77 billion
Profitability
Miscellaneous
Employees93,516
Next Earnings Date1/28/2020 (Confirmed)
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 12th. Stockholders of record on Friday, November 22nd will be paid a dividend of $1.44 per share on Thursday, December 12th. This represents a $5.76 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Thursday, November 21st. View 3M's Dividend History.
How will 3M's stock buyback program work?
3M declared that its Board of Directors has approved 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 purchase up to 8.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.
How were 3M's earnings last quarter?
3M Co (NYSE:MMM) released its quarterly earnings data on Tuesday, January, 28th. The conglomerate reported $1.95 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.10 by $0.15. The conglomerate had revenue of $8.11 billion for the quarter, compared to analysts' expectations of $8.12 billion. 3M had a net margin of 15.48% and a return on equity of 54.02%. The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.31 earnings per share. View 3M's Earnings History.
When is 3M's next earnings date?
What guidance has 3M issued on next quarter's earnings?
3M issued an update on its FY20 earnings guidance on Tuesday, January, 28th. The company provided earnings per share (EPS) guidance of $9.30 to $9.75 for the period, compared to the Thomson Reuters consensus estimate of $9.61. The company issued revenue guidance of $32 billion to $32.74 billion, compared to the consensus revenue estimate of $33.70 billion.
What price target have analysts set for MMM?
11 brokers have issued twelve-month price objectives for 3M's stock. Their forecasts range from $150.00 to $194.00. On average, they anticipate 3M's share price to reach $173.63 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for 3M.
What is the consensus analysts' recommendation for 3M?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.
Has 3M been receiving favorable news coverage?
Press coverage about MMM stock has been trending somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. 3M earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave media headlines about the conglomerate a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the next several days. View News Stories for 3M.
Who are some of 3M's key competitors?
Some companies that are related to 3M include Stryker (SYK), Becton Dickinson and (BDX), Boston Scientific (BSX), Baxter International (BAX), FRESENIUS SE &/S (FSNUY), ResMed (RMD), DexCom (DXCM), Teleflex (TFX), Insulet (PODD), Novocure (NVCR), ABIOMED (ABMD), Hill-Rom (HRC), Penumbra (PEN), Haemonetics (HAE) and Globus Medical (GMED).
What other stocks do shareholders of 3M own?
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 number of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.23%), New York State Teachers Retirement System (0.14%), Commerzbank Aktiengesellschaft FI (0.12%), Boston Trust Walden Corp (0.08%), Marathon Asset Management LLP (0.08%) and SPF Beheer BV (0.06%). 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, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Julie L Bushman, Khandpur K Ashish, Michael F Roman, Michael G Vale, Nicholas C Gangestad, Paul A Keel and Ty R Silberhorn. 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 Wedge Capital Management L L P NC, Riverbridge Partners LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Strs Ohio, Janney Montgomery Scott LLC, Nisa Investment Advisors LLC, Boston Trust Walden Corp and Perennial Advisors LLC. Company insiders that have sold 3M company stock in the last year include Eric D Hammes, Inge G Thulin, Ippocratis Vrohidis, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Julie L Bushman, Khandpur K Ashish, Michael G Vale, Nicholas C Gangestad, Paul A Keel and Ty R Silberhorn. 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 Nippon Life Global Investors Americas Inc., Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Investors Financial Group LLC, Fluent Financial LLC, Johanson Financial Advisors Inc., Tealwood Asset Management Inc. and Manning & Napier Group LLC. 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 $165.58.
How big of a company is 3M?
3M has a market capitalization of $95.22 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?
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)
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.
