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

3M trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMM."

3M declared a quarterly dividend on Tuesday, November 12th. Investors 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 3.18%. The ex-dividend date of this dividend is Thursday, November 21st. View 3M's Dividend History.

3M declared that its Board of Directors has authorized a share buyback plan 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 stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

3M Co (NYSE:MMM) issued its earnings results on Thursday, October, 24th. The conglomerate reported $2.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.49 by $0.09. The conglomerate earned $7.99 billion during the quarter, compared to analyst estimates of $8.20 billion. 3M had a net margin of 15.48% and a return on equity of 54.02%. 3M's revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.58 EPS. View 3M's Earnings History.

3M is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for 3M.

3M will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3M issued an update on its fourth quarter earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $2.05-2.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.37.

11 equities research analysts have issued twelve-month target prices for 3M's shares. Their forecasts range from $150.00 to $194.00. On average, they expect 3M's share price to reach $173.63 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets 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.

News articles about MMM stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. 3M earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the conglomerate a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for 3M.

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), Haemonetics (HAE), Penumbra (PEN) and Globus Medical (GMED).

Based on aggregate information from My MarketBeat watchlists, some companies that other 3M investors own include Johnson & Johnson (JNJ), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Home Depot (HD), Exxon Mobil (XOM), Procter & Gamble (PG), Intel (INTC), Boeing (BA) and Verizon Communications (VZ).

3M's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.12%), Boston Trust Walden Corp (0.08%), Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.04%), Manning & Napier Group LLC (0.03%) and Welch & Forbes LLC (0.03%). 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.

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, Nisa Investment Advisors LLC, Boston Trust Walden Corp, United Services Automobile Association, Gantzert Investment Co. LLC ADV and Webster Bank N. A.. 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.

MMM stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Fluent Financial LLC, Johanson Financial Advisors Inc., Tealwood Asset Management Inc., Manning & Napier Group LLC, UNIVEST FINANCIAL Corp and Alpine Global Management 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.

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.

One share of MMM stock can currently be purchased for approximately $181.35.

3M has a market capitalization of $104.29 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.

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.