Analysts expect sales decline 3M, high dividend yield

For this year the company, based inSaint Paul revenue will be around 31.96 billion USD. This is according to the average of the analysts' estimates. This is slightly lower than 2019's revenue of 32.14 billion USD.

Historical revenues and results 3M plus estimates 2020

3M

The analysts expect for 2020 a net profit of 4.96 billion USD. For this year most of the analysts expect a profit per share of 8.51 USD. The PE-ratio therefore is 19.86.

Huge dividend 3M

Per share the analysts expect a dividend of 5.9 USD per share. Thus the dividend yield equals 3.49 percent. The average dividend yield of the diversified companies equals a moderate 0.57 percent.

Latest estimates around 175 USD

RBC Capital Markets, UBS and Citigroup recently provided recommendations for the stock.

Based on the current number of shares 3M 's market capitalization equals 97.46 billion USD. The 3M stock was the past 12 months quite volatile. Since last January the stock is 2 percent lower. This year the stock price moved between 114 and 181 dollar.

Historical stock prices 3M

Click here for dividend 3M. On Friday the stock closed at 169.04 USD.

Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.