Should you buy MMM stock?
“The Vera plaintiffs have sued the wrong party, and all efforts should be made to hold the actual polluter of Middlesex Water’s Park Avenue facility, the 3M Company, accountable for their actions,” said Jay L. Kooper, Vice President, General Counsel & Secretary, Middlesex Water Company. “Middlesex Water Company did not pollute its own water supply.
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- Price of Stock A is currently $100.00 per share or (P0).
- Dividends are expected to be $3.00 per share (Div).
- The price of Stock A is expected to be $105.00 per share in one year's time (P1). ...
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Are stocks up or down?
When people want to buy a stock versus sell it, the price goes up. If people want to sell a stock versus buying it, the price goes down. Forecasting whether there will be more buyers or sellers of a certain stock requires additional research, however.
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Is Mmm a good buy?
MMM Stock Key Metrics The average 12 month price target of the 15 analysts rating the company is $165.14. The average price target of the 5 analysts that rated the company following the most recent quarterly report is $152.00. I should add that only one analyst rates the stock as a buy.
What are the current stock price for 3M?
Performance OutlookPrevious Close138.86Bid139.00 x 900Ask139.05 x 1000Day's Range138.30 - 140.5352 Week Range125.60 - 202.773 more rows
What is the highest 3M stock has ever been?
The all-time high 3M stock closing price was 258.63 on January 26, 2018.
How often is 3M dividend?
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.7. Our premium tools have predicted 3M Co.
How many shares of 3M stock are there?
3M shares outstanding for the quarter ending March 31, 2022 were 0.575B, a 1.93% decline year-over-year. 3M 2021 shares outstanding were 0.585B, a 0.53% increase from 2020.
When did 3M go public?
19461946 – 3M Debuts on the NYSE 3M stock listed for the first time on the New York Stock Exchange.
Is 3M owned by China?
The 3M Company (originally Minnesota Mining and Manufacturing Company) is an American multinational conglomerate corporation operating in the fields of industry, worker safety, U.S. health care, and consumer goods.
What is 3M famous for?
3M Company is known for its culture of innovation and investment in research and development which has resulted in the invention of many new products for both the industrial and consumer markets.
What does the M stand for in 3M?
As 3M employees celebrated 3M's centennial anniversary, “3M Company” becomes the legal name for 3M—originally incorporated as Minnesota Mining and Manufacturing Company.
Is Mmm a good dividend stock?
In terms of dividend growth, the company's current annualized dividend of $5.96 is up 0.7% from last year. Over the last 5 years, 3M has increased its dividend 5 times on a year-over-year basis for an average annual increase of 4.72%.
When did MMM stock split?
Stock Split HistoryYear of SplitDate of SplitRatio19943/15/19942 for 119875/22/19872 for 119725/23/19722 for 119605/15/19603 for 16 more rows
Is 3M a good stock to buy 2021?
The stock is currently trading 28.9% below its 52-week high of $206.81, which it hit on June 7, 2021. The company's revenue has grown at the disappointing rate of 3% over the past three years, and its EBITDA has grown only at a 1.4% CAGR over this period.
What is 3M company?
What is 3M valuation?
The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.
Where is 3M located?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.
What is MarketBeat community ratings?
It is based in Maplewood, a suburb of Saint Paul, Minnesota. 3M made $32.8 billion in total sales in 2018, and ranked number 95 in the Fortune 500 list of the largest United States corporations by total revenue. As of 2018, the company had approximately 93,500 employees, and had operations in more than 70 countries.
How much dividend does 3M pay?
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.
What is the ticker symbol for 3M?
3M pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.
What is the P/E ratio of 3M?
3M trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMM."
How much of 3M stock is held by institutions?
The P/E ratio of 3M is 17.29, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.27.
What is 3M Co?
66.73% of the stock of 3M is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Results
Sales
- 3M updated its FY 2019 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of $9.25-9.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.52.
Example
- 13 brokerages have issued 1-year price targets for 3M's stock. Their forecasts range from $154.00 to $225.00. On average, they anticipate 3M's share price to reach $197.0817 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for 3M.
Ratings
- 13 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 3 buy ratings for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for 3M. News coverage about MMM stock has trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks th…
Ownership
- 3M's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.71%), US Bancorp DE (0.81%), Parnassus Investments CA (0.61%), PNC Financial Services Group Inc. (0.48%), Ronna Sue Cohen (0.47%) and Sumitomo Mitsui Trust Holdings Inc. (0.43%). Company insiders that own 3M stock include Eric D Hammes…
Business
- 3M has a market capitalization of $101.37 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.
Location
- 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.