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. 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 annualized dividend and a yield of 2.60%. The ex-dividend date is Wednesday, November 21st. View 3M's Dividend History.

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

3M Co (NYSE:MMM) announced its quarterly earnings data on Tuesday, October, 23rd. The conglomerate reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.70 by $0.12. The conglomerate had revenue of $8.15 billion for the quarter, compared to analysts' expectations of $8.41 billion. 3M had a net margin of 13.79% and a return on equity of 54.60%. The firm's revenue was down .2% compared to the same quarter last year. During the same quarter 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 issued an update on its FY 2019 earnings guidance on Thursday, November, 15th. The company provided earnings per share guidance of $10.60-11.05 for the period.

14 equities research analysts have issued twelve-month price targets for 3M's shares. Their forecasts range from $195.00 to $285.00. On average, they anticipate 3M's stock price to reach $218.1538 in the next year. This suggests a possible upside of 4.4% from the stock's current price. View Analyst Price Targets for 3M.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 2 sell ratings, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

Media coverage about MMM stock has been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. 3M earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave news coverage about the conglomerate a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

Some companies that are related to 3M include Becton Dickinson and (BDX), Stryker (SYK), Boston Scientific (BSX), Baxter International (BAX), FRESENIUS SE &/S (FSNUY), ResMed (RMD), ABIOMED (ABMD), DexCom (DXCM), Teleflex (TFX), Hill-Rom (HRC), Haemonetics (HAE), Globus Medical (GMED), ICU Medical (ICUI), Insulet (PODD) and Penumbra (PEN).

3M's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.50%), Massachusetts Financial Services Co. MA (1.89%), Wells Fargo & Company MN (1.17%), Bank of New York Mellon Corp (1.14%), US Bancorp DE (0.82%) and FMR LLC (0.81%). 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 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, Los Angeles Capital Management & Equity Research Inc., Matthew Goff Investment Advisor LLC and Swedbank. 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 $209.00.

3M has a market capitalization of $121.70 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 91,536 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.