3M Stock Price, News & Analysis (NYSE:MMM)

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

3M announced a quarterly dividend on Tuesday, August 6th. Shareholders of record on Friday, August 16th will be given a dividend of $1.44 per share on Thursday, September 12th. This represents a $5.76 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, August 15th. View 3M's Dividend History.

3M declared that its Board of Directors has approved a stock buyback program on Tuesday, November 13th 2018, which permits the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

3M Co (NYSE:MMM) released its earnings results on Thursday, July, 25th. The conglomerate reported $2.20 EPS for the quarter, beating the Zacks' consensus estimate of $2.04 by $0.16. The conglomerate earned $8.17 billion during the quarter, compared to the consensus estimate of $8.10 billion. 3M had a net margin of 15.27% and a return on equity of 55.05%. The company's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.59 EPS. View 3M's Earnings History.

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

3M will be holding an earnings conference call on Thursday, October 24th 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 updated its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $9.25-9.75 for the period, compared to the Thomson Reuters consensus estimate of $9.36.

12 Wall Street analysts have issued twelve-month target prices for 3M's shares. Their predictions range from $143.00 to $225.00. On average, they expect 3M's stock price to reach $180.67 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for 3M.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

Headlines about MMM stock have been trending somewhat negative this week, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. 3M earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave media headlines about the conglomerate a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for 3M.

3M saw a increase in short interest in September. As of September 30th, there was short interest totalling 9,610,000 shares, an increase of 18.2% from the August 30th total of 8,130,000 shares. Based on an average daily trading volume, of 2,850,000 shares, the short-interest ratio is presently 3.4 days. Approximately 1.7% of the shares of the company are sold short. View 3M's Current Options Chain.

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), Teleflex (TFX), DexCom (DXCM), Insulet (PODD), ABIOMED (ABMD), Novocure (NVCR), Hill-Rom (HRC), Haemonetics (HAE), Integra Lifesciences (IART) and Penumbra (PEN).

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), Procter & Gamble (PG), Intel (INTC), Boeing (BA), Walt Disney (DIS), Exxon Mobil (XOM), Alibaba Group (BABA) and Home Depot (HD).

3M's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.11%), Confluence Investment Management LLC (0.10%), Bristol John W & Co. Inc. NY (0.06%), Envestnet Asset Management Inc. (0.06%), Gateway Investment Advisers LLC (0.04%) and Nisa Investment Advisors LLC (0.04%). 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, Ivan K Fong, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Khandpur K Ashish, Michael F Roman, Michael G Vale, Nicholas C Gangestad and Paul A Keel. View Institutional Ownership Trends for 3M.

MMM stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Baltimore Washington Financial Advisors Inc., Gateway Investment Advisers LLC, Bailard Inc., XR Securities LLC, Park National Corp OH, Zeke Capital Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold 3M company stock in the last year include Inge G Thulin, Ippocratis Vrohidis, James L Bauman, Joaquin Delgado, John Patrick Banovetz, Jon T Lindekugel, Michael G Vale, Nicholas C Gangestad and Paul A Keel. View Insider Buying and Selling for 3M.

MMM stock was bought by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Assenagon Asset Management S.A., Gradient Investments LLC, Northstar Investment Advisors LLC, Envestnet Asset Management Inc., Confluence Investment Management LLC, Sumitomo Mitsui DS Asset Management Company Ltd and PrairieView Partners 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 $163.10.

3M has a market capitalization of $93.83 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.