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

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

3M announced a quarterly dividend on Tuesday, November 13th. Shareholders of record on Friday, November 23rd will be given a dividend of $1.36 per share on Wednesday, December 12th. This represents a $5.44 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Wednesday, November 21st. View 3M's Dividend History.

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

3M Co (NYSE:MMM) posted its quarterly earnings data on Tuesday, October, 23rd. The conglomerate reported $2.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.70 by $0.12. The conglomerate had revenue of $8.15 billion for the quarter, compared to the consensus estimate of $8.41 billion. 3M had a net margin of 13.79% and a return on equity of 54.60%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.33 EPS. View 3M's Earnings History.

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

3M will be holding an earnings conference call on Tuesday, January 29th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8007622596.

3M issued an update on its FY 2019 earnings guidance on Thursday, November, 15th. The company provided EPS guidance of $10.60-11.05 for the period.

13 analysts have issued 1-year price objectives for 3M's stock. Their forecasts range from $190.00 to $285.00. On average, they anticipate 3M's share price to reach $218.5833 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for 3M.

13 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

News headlines about MMM stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring 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 positive five, with scores closest to five being the most favorable. 3M earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave media stories about the conglomerate a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

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), ABIOMED (ABMD), Teleflex (TFX), DexCom (DXCM), Hill-Rom (HRC), Haemonetics (HAE), Insulet (PODD), ICU Medical (ICUI), Globus Medical (GMED) and Penumbra (PEN).

3M's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.40%), Vanguard Group Inc (8.40%), BlackRock Inc. (6.50%), Massachusetts Financial Services Co. MA (1.89%), Wells Fargo & Company MN (1.17%) and Bank of New York Mellon Corp (1.14%). 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, Jon T Lindekugel, 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.

MMM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, FMR LLC, Janus Henderson Group PLC, Massachusetts Financial Services Co. MA, Bahl & Gaynor Inc., Prudential Financial Inc. and TIAA CREF Investment Management 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, Jon T Lindekugel, Michael F Roman and Nicholas C Gangestad. View Insider Buying and Selling for 3M.

MMM stock was purchased by a variety of institutional investors in the last quarter, including Rehmann Capital Advisory Group, Morgan Stanley, Cornerstone Wealth Management LLC, Bank of Montreal Can, Pictet Asset Management Ltd., Canada Pension Plan Investment Board, State of New Jersey Common Pension Fund D and Los Angeles Capital Management & Equity Research Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of MMM stock can currently be purchased for approximately $202.13.

3M has a market capitalization of $116.35 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.

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.