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

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$166.09 +0.22 (+0.13 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$166.09
Today's Range$165.32 - $167.42
52-Week Range$165.61 - $219.75
Volume2.37 million shs
Average Volume4.94 million shs
Market Capitalization$95.74 billion
P/E Ratio15.88
Dividend Yield3.44%
Beta0.99
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$13.2660 per share
Book Value$16.93 per share

Profitability

Net Income$5.35 billion

Miscellaneous

Employees93,516
Market Cap$95.74 billion
Next Earnings Date7/23/2019 (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 announced a quarterly dividend on Wednesday, May 15th. Shareholders of record on Friday, May 24th will be paid a dividend of $1.44 per share on Wednesday, June 12th. This represents a $5.76 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date is Thursday, May 23rd. View 3M's Dividend History.

How will 3M's stock buyback program work?

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

How were 3M's earnings last quarter?

3M Co (NYSE:MMM) announced its earnings results on Thursday, April, 25th. The conglomerate reported $2.23 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.50 by $0.27. The conglomerate had revenue of $7.86 billion for the quarter, compared to analyst estimates of $8.02 billion. 3M had a net margin of 17.43% and a return on equity of 57.42%. The firm's revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.50 EPS. View 3M's Earnings History.

When is 3M's next earnings date?

3M is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for 3M.

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

3M issued an update on its FY 2019 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $9.25-9.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.52.

What price target have analysts set for MMM?

12 Wall Street analysts have issued 12 month price objectives for 3M's stock. Their forecasts range from $143.00 to $225.00. On average, they expect 3M's share price to reach $194.7255 in the next year. This suggests a possible upside of 17.2% 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 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

Has 3M been receiving favorable news coverage?

News coverage about MMM stock has been trending somewhat negative on Sunday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. 3M earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned news headlines about the conglomerate a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

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), Cisco Systems (CSCO), AT&T (T), Boeing (BA), Intel (INTC), Home Depot (HD), Procter & Gamble (PG), Alibaba Group (BABA), Exxon Mobil (XOM) and Verizon Communications (VZ).

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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.71%), Geode Capital Management LLC (1.46%), Wellington Management Group LLP (1.41%), Northern Trust Corp (1.39%), US Bancorp DE (0.81%) and Charles Schwab Investment Management Inc. (0.74%). 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, 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.

Which institutional investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Findlay Park Partners LLP, BlackRock Inc., State of Tennessee Treasury Department, First Eagle Investment Management LLC, US Bancorp DE, Neuberger Berman Group LLC and Morgan Stanley. 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 institutional investors are buying 3M stock?

MMM stock was purchased by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, Geode Capital Management LLC, Jensen Investment Management Inc., Renaissance Technologies LLC, Wellington Management Group LLP, Flossbach Von Storch AG, Los Angeles Capital Management & Equity Research Inc. and Fiera Capital Corp. 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.

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 $166.09.

How big of a company is 3M?

3M has a market capitalization of $95.74 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:  634 (Vote Outperform)
Underperform Votes:  819 (Vote Underperform)
Total Votes:  1,453
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 5/26/2019 by MarketBeat.com Staff

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