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

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$204.66 -4.95 (-2.36 %)
(As of 03/24/2019 12:33 PM ET)
Previous Close$204.66
Today's Range$204.4704 - $208.49
52-Week Range$176.87 - $224.27
Volume2.72 million shs
Average Volume2.17 million shs
Market Capitalization$117.84 billion
P/E Ratio19.57
Dividend Yield2.81%
Beta1.06
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. The company's Health Care segment offers medical and surgical supplies, skin health and infection prevention products, drug delivery and health information systems, dental and orthodontic products, and food safety products. Its Electronics and Energy segment provides optical films, packaging and interconnection devices, insulating and splicing solutions, touch screens and monitors, renewable energy component solutions, and infrastructure protection products. The company's Consumer segment offers consumer and office tapes and adhesives, repositionable notes, indexing systems, home improvement products, furnace filters, painter tapes, mounting and home care products, sponges, scouring pads, high-performance clothes, protective material products, and adhesive bandages and braces. It also provides cloud-based, conversational artificial intelligence-powered systems. 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. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

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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$13.3677 per share
Book Value$16.91 per share

Profitability

Net Income$5.35 billion

Miscellaneous

Employees93,516
Market Cap$117.84 billion
Next Earnings Date4/23/2019 (Estimated)
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 declared 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 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Thursday, February 14th. This is a positive change from 3M's previous quarterly dividend of $1.36. View 3M's Dividend History.

How will 3M's stock buyback program work?

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

How were 3M's earnings last quarter?

3M Co (NYSE:MMM) issued its quarterly earnings results on Tuesday, January, 29th. The conglomerate reported $2.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.28 by $0.03. The conglomerate earned $7.95 billion during the quarter, compared to the consensus estimate of $7.87 billion. 3M had a net margin of 16.33% and a return on equity of 57.70%. 3M's revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.10 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, April 23rd 2019. View Earnings Estimates for 3M.

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

3M updated its FY19 earnings guidance on Tuesday, January, 29th. The company provided earnings per share (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.

What price target have analysts set for MMM?

12 analysts have issued 12 month price targets for 3M's stock. Their predictions range from $189.00 to $228.00. On average, they expect 3M's share price to reach $211.4545 in the next twelve months. This suggests a possible upside of 3.3% 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 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.

Has 3M been receiving favorable news coverage?

Media stories about MMM stock have been trending positive recently, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 2.1 on InfoTrie's scale. They also gave media headlines about the conglomerate a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.

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), Boeing (BA), AT&T (T), Intel (INTC), Cisco Systems (CSCO), Procter & Gamble (PG), JPMorgan Chase & Co. (JPM), Home Depot (HD), Walt Disney (DIS) and General Electric (GE).

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 investors 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.

Which major investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Bank of New York Mellon Corp, Findlay Park Partners LLP, Bank of Montreal Can, Massachusetts Financial Services Co. MA, Sarasin & Partners LLP and HM Payson & Co.. 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, 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 purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., Bessemer Group Inc., Geode Capital Management LLC, Bahl & Gaynor Inc., State of Tennessee Treasury Department and Mn Services Vermogensbeheer B.V.. 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 $204.66.

How big of a company is 3M?

3M has a market capitalization of $117.84 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  609 (Vote Outperform)
Underperform Votes:  801 (Vote Underperform)
Total Votes:  1,410
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 3/24/2019 by MarketBeat.com Staff

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