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

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

3M declared a quarterly dividend on Tuesday, November 13th. Investors of record on Friday, November 23rd will be paid a dividend of $1.36 per share on Wednesday, December 12th. This represents a $5.44 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Wednesday, November 21st. View 3M's Dividend History.

3M declared that its board has approved a stock repurchase program 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 shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

3M Co (NYSE:MMM) issued its quarterly earnings results on Tuesday, October, 23rd. The conglomerate reported $2.58 EPS for the quarter, missing the Zacks' consensus estimate of $2.70 by $0.12. The conglomerate earned $8.15 billion during 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 company's revenue was down .2% compared to the same quarter last year. During the same period last year, the business posted $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 updated its FY 2019 earnings guidance on Thursday, November, 15th. The company provided earnings per share (EPS) guidance of $10.60-11.05 for the period.

13 brokerages have issued 12-month price objectives for 3M's shares. Their forecasts range from $190.00 to $285.00. On average, they expect 3M's share price to reach $218.5833 in the next twelve months. This suggests a possible upside of 11.5% 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.

Headlines about MMM stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. 3M earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news stories about the conglomerate a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

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 retail and institutional 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 $196.10.

3M has a market capitalization of $117.70 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 91,000 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.