3M Company (MMM)

NYSE: MMM · IEX Real-Time Price · USD
104.86
+3.62 (3.58%)
At close: May 16, 2024, 4:00 PM
104.89
+0.03 (0.03%)
After-hours: May 16, 2024, 7:59 PM EDT
3.58%
Market Cap 58.12B
Revenue (ttm) 32.65B
Net Income (ttm) -7.04B
Shares Out 553.36M
EPS (ttm) -12.71
PE Ratio n/a
Forward PE 14.20
Dividend $5.21 (4.97%)
Ex-Dividend Date May 23, 2024
Volume 6,971,594
Open 101.72
Previous Close 101.24
Day's Range 101.59 - 105.22
52-Week Range 71.36 - 105.22
Beta 1.04
Analysts Buy
Price Target 110.54 (+5.42%)
Earnings Date Apr 30, 2024

About MMM

3M Company provides diversified technology services in the United States and internationally. The company's Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and ... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1902
Employees 85,000
Stock Exchange NYSE
Ticker Symbol MMM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MMM stock is "Buy." The 12-month stock price forecast is $110.54, which is an increase of 5.42% from the latest price.

Price Target
$110.54
(5.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The 3M Dividend Cut Is Here. It's Big.

Post-it maker 3M declared a dividend of 70 cents, down from the prior quarter's $1.51 payout.

1 day ago - Barrons

3M's new lowered dividend yield is still double the S&P 500's

Shares of 3M Co. were set to pull back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividend by more than half, in the wake of the s...

1 day ago - Market Watch

3M Board Declares Quarterly Dividend

ST. PAUL, Minn. , May 14, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $0.70 per share for the second quarter of 2024.

2 days ago - PRNewsWire

3M Annual Meeting Highlights Progress on Strategic Priorities, Improving Execution

ST. PAUL, Minn. , May 14, 2024 /PRNewswire/ -- At today's Annual Meeting of Shareholders, 3M (NYSE:MMM) highlighted its strong portfolio of leading businesses, leading innovation in material science, ...

2 days ago - PRNewsWire

Final Trades: Teradyne, 3M and QQQ

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: QQQTER
3 days ago - CNBC Television

3M Announces Upcoming Investor Event

ST. PAUL, Minn. , May 13, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event in partnership with Montrose Environmental Group, Inc. (Montrose): Bank of America's 31st Ann...

3 days ago - PRNewsWire

3M's stock heads for 15-month high as analyst says it's no longer a ‘leaky boat'

3M Co.'s latest earnings report continues to resonate more than a week later, helping to spark an upgrade by HSBC Global Research on Friday.

6 days ago - Market Watch

Cramer's Stop Trading: 3M

CNBC's Jim Cramer explains why he is keeping an eye on shares of 3M.

6 days ago - CNBC Television

3M stock: down by 43% from its peak, is MMM a buy now?

3M (NYSE: MMM) stock price has gone through a rough patch since 2018, undoing some of the gains it made in the past decades. It has plunged by over 43% from a high of $170 in 2018 to today's $96 as th...

8 days ago - Invezz

Final Trades: Goldman Sachs, 3M, URNM and IJR

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: IJRGSURNM
10 days ago - CNBC Television

3M expands facility in Valley, Nebraska

$67 million investment will create about 40 new jobs ST. PAUL, Minn.

13 days ago - PRNewsWire

Is 3M Stock Appropriately Priced Around $95?

3M (NYSE: MMM) recently reported its Q1'24 results, with revenues and earnings beating the street estimates. The company reported revenue of $7.72 billion and earnings of $2.39 on a per-share and adju...

14 days ago - Forbes

TraWell Co. SpA Approves 2023 Financial Plan Showing Significant Improvement From 2022: Revenues €30.3M, EBITDA €10.2M (+14%), Net Profit €3.3M (+159%)

MILAN--(BUSINESS WIRE)--TraWell Co. S.p.A. (Borsa Italiana, Ticker: TWL, OTCQX New York, Ticker TRWAF), a global leader in protection services, luggage storage, and ancillary travel products and servi...

15 days ago - Business Wire

3M Stock Gets Buy Upgrade Ahead of Dividend Cut. Why That Makes Sense.

J.P. Morgan analyst Stephen Tusa bumped the company's shares from Hold. His price target went up $1 to $111 a share.

15 days ago - Barrons

Three-Stock Lunch: 3M, Coca-Cola & McDonald's

Aadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss plays for three stocks: 3M, Coca-Cola, and McDonald's.

Other symbols: KOMCD
16 days ago - CNBC Television

Why 3M Stock Is Rising Even as Its Dividend Hike Era Ends

Shares of 3M (MMM) climbed as the streamlined multinational conglomerate reported better-than-anticipated results, even as the spin-off of its healthcare unit led to the end of its days as a dividend ...

16 days ago - Investopedia

Companies from McDonald's to 3M warn consumers are being squeezed by sticky inflation

Higher prices have weighed on customers in an array of industries that interact with consumers.

Other symbols: MCD
16 days ago - CNBC

3M Stock Is Higher Despite Its Dividend Cut. Here's Why

3M is snapping its decades-long streak of dividend hikes, yet it's the best Dow Jones stock Tuesday. Here's what you need to know.

16 days ago - Kiplinger

3M's stock surges toward a 14-month high after profit, sales beat expectations

Shares of 3M Co. MMM, +0.36% jumped 4.9% toward a 14-month high in premarket trading Tuesday, after the consumer, industrial and healthcare-products company reported first-quarter profit and revenue t...

16 days ago - Market Watch

3M names new CEO after strong Q1 earnings report

3M Co is in the green this morning after reporting better-than-expected earnings for its first financial quarter. This is a developing story.

16 days ago - Invezz

3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin

Company delivers strong first quarter results: Sales of $8.0 billion, down 0.3% YoY; adjusted sales of $7.7 billion with organic growth up ~1% YoY GAAP earnings per share of $1.67, down 5% YoY; adjust...

16 days ago - PRNewsWire

3M to recall about 40,000 noise-reducing earmuffs due to risk of overexposing user to loud noise

3M Co. is recalling about 40,000 noise-reducing earmuffs because they risk overexposing users to loud noise, the Consumer Product Safety Commission said Thursday.

21 days ago - Market Watch

3M may be poised to cut its dividend — and break with a 64-year tradition, says analyst

3M Co. may be poised to reduce its dividend after a multi-year slide in its stock price, as the company grapples with litigation related to “forever chemicals” and faulty earplugs sold to the U.S. Mil...

4 weeks ago - Market Watch

This 6.5% Dividend Is Almost A Buy. Here's What's Holding It Back

I'm this close to sending out a buy call on a stock that—if I do—I know would light up the phone lines (and customer-service inbox!) at our New York office.

4 weeks ago - Forbes

Institutional investors load up on 3M and UiPath stock

Institutional investors loaded up on shares of 3M Co (NYSE: MMM) and UiPath Inc (NYSE: PATH) in the fourth quarter. Shares of both are still down for the year at writing.

Other symbols: PATH
4 weeks ago - Invezz