Log in

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

$158.10
+5.79 (+3.80 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$154.11
Now: $158.10
$159.60
50-Day Range
$151.25
MA: $161.74
$172.10
52-Week Range
$150.58
Now: $158.10
$219.75
Volume4.49 million shs
Average Volume2.78 million shs
Market Capitalization$90.95 billion
P/E Ratio15.11
Dividend Yield3.78%
Beta1.11
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. Read More…

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$13.87 per share
Book Value$16.91 per share

Profitability

Net Income$5.35 billion

Miscellaneous

Employees93,516
Market Cap$90.95 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

Receive MMM News and Ratings via Email

Sign-up to receive the latest news and ratings for MMM and its competitors with MarketBeat's FREE daily newsletter.


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 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 annualized dividend and a yield of 3.64%. The ex-dividend date is Thursday, August 15th. View 3M's Dividend History.

How will 3M's stock buyback program work?

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

How were 3M's earnings last quarter?

3M Co (NYSE:MMM) posted its earnings results on Thursday, July, 25th. The conglomerate reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. The conglomerate earned $8.17 billion during the quarter, compared to analysts' expectations of $8.10 billion. 3M had a net margin of 15.27% and a return on equity of 55.05%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.59 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, October 22nd 2019. View Earnings Estimates for 3M.

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

3M issued an update on 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.

What price target have analysts set for MMM?

12 equities research analysts have issued 12-month price objectives for 3M's stock. Their predictions range from $143.00 to $225.00. On average, they anticipate 3M's stock price to reach $182.08 in the next twelve months. This suggests a possible upside of 15.2% 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, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 3M.

Has 3M been receiving favorable news coverage?

Media headlines about MMM stock have trended negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. 3M earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave press coverage about the conglomerate a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for 3M.

Are investors shorting 3M?

3M saw a increase in short interest in the month of 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 volume of 2,850,000 shares, the short-interest ratio is presently 3.4 days. Currently, 1.7% of the company's stock are sold short. View 3M's Current Options Chain.

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

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 variety of of institutional and retail investors. Top institutional shareholders include Meyer Handelman Co. (0.04%), Welch & Forbes LLC (0.03%), Park National Corp OH (0.03%), Manning & Napier Group LLC (0.03%), Gofen & Glossberg LLC IL (0.03%) and Gulf International Bank UK Ltd (0.02%). 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.

Which major investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, XR Securities LLC, Park National Corp OH, Crossmark Global Holdings Inc., Bremer Bank National Association, Pennsylvania Trust Co, Welch & Forbes LLC and Chesley Taft & Associates LLC. 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.

Which major investors are buying 3M stock?

MMM stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Northstar Investment Advisors LLC, Keystone Financial Planning Inc., Rockland Trust Co., Pacer Advisors Inc., Hennessy Advisors Inc., First American Trust FSB and Enterprise Trust & Investment Co. 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, Robinhood, Fidelity and Charles Schwab.

What is 3M's stock price today?

One share of MMM stock can currently be purchased for approximately $158.10.

How big of a company is 3M?

3M has a market capitalization of $90.95 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  701 (Vote Outperform)
Underperform Votes:  851 (Vote Underperform)
Total Votes:  1,552
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 10/13/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel