3M Company (MMM)

NYSE: MMM · IEX Real-Time Price · USD
101.62
+1.01 (1.00%)
At close: Jul 2, 2024, 4:00 PM
101.51
-0.11 (-0.11%)
After-hours: Jul 2, 2024, 7:58 PM EDT
1.00%
Market Cap 56.23B
Revenue (ttm) 32.65B
Net Income (ttm) -7.04B
Shares Out 553.36M
EPS (ttm) -12.71
PE Ratio n/a
Forward PE 13.90
Dividend $2.80 (2.76%)
Ex-Dividend Date May 23, 2024
Volume 2,280,137
Open 100.56
Previous Close 100.61
Day's Range 100.42 - 101.93
52-Week Range 71.36 - 106.04
Beta 1.01
Analysts Buy
Price Target 115.23 (+13.39%)
Earnings Date Jul 23, 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 13 analysts, the average rating for MMM stock is "Buy." The 12-month stock price forecast is $115.23, which is an increase of 13.39% from the latest price.

Price Target
$115.23
(13.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3M Young Scientist Challenge Announces 2024 National Finalists

ST. PAUL, Minn. and CHARLOTTE, N.C.

5 days ago - PRNewsWire

Josh Brown Sees A Breakout Brewing In 3M Stock: Why He's The 'Most Excited' He's Been In 25 Years

Ritholtz Wealth Management's Josh Brown is putting money to work outside of tech as he anticipates money rolling into other areas of the market. He's identified an industrials stock that he says looks...

7 days ago - Benzinga

Ethylene Tetrafluoroethylene (ETFE) Global Market Report 2024-2030, Featuring Profiles of Leading Players 3M Company, Asahi Glass Co, and Daikin Industries - A $580.3 Million Market Opportunity

Dublin, June 14, 2024 (GLOBE NEWSWIRE) -- The "Ethylene Tetrafluoroethylene (ETFE) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for...

18 days ago - GlobeNewsWire

3M to transfer pension-payment obligations for 23,000 U.S. retirees

3M Co. said Thursday it will transfer about $2.5 billion of its pension-payment obligations to Metropolitan Tower Life Insurance Co.

19 days ago - Market Watch

3M transfers a portion of U.S. pension payment obligations

ST. PAUL, Minn. , June 13, 2024 /PRNewswire/ -- 3M (NYSE: MMM) announced that it purchased a group annuity contract and will transfer a portion of its U.S. pension payment obligations under the 3M Emp...

19 days ago - PRNewsWire

3M stock price forecast and technical analysis: buy, sell, hold?

3M (NYSE: MMM) stock price has rebounded sharply this year even as the company continued facing substantial challenges. It has soared to over $100 and is hovering at its highest point since August 202...

21 days ago - Invezz

3M Leads Gains on the Dow After Upgrade From BofA

3M (MMM) was the best-performing stock on the Dow Jones Industrial Average Friday after Bank of America (BofA) upgraded the stock, citing optimism about the company's direction under new CEO Bill Brow...

25 days ago - Investopedia

Three-Stock Lunch: 3M, Lyft & Reddit

Chris Grisanti, MAI Capital Management chief equity strategist, joins 'Power Lunch' to discuss stock plays for three companies, including 3M, Lyft, and Reddit.

Other symbols: LYFTRDDT
25 days ago - CNBC Television

With 10% Gains This Year 3M Stock Appears To Be A Better Pick Over Philip Morris

Given its better prospects, we believe 3M stock (NYSE: MMM) is a better pick than Philip Morris stock (NYSE: PM). Although these companies are from different sectors, we compare them because of their ...

4 weeks ago - Forbes

Analysts are bullish on the 3M stock price: should you?

3M (NYSE: MMM) stock price has lagged behind the market as the company has moved from one crisis to the other. It has crashed by about 35% from its highest point in 2021, making it one of the worst-pe...

4 weeks ago - Invezz

3M Announces Upcoming Investor Event

ST. PAUL, Minn. , May 29, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event: 2024 Wells Fargo Industrials Conference on Tuesday, June 11, 2024.

4 weeks ago - PRNewsWire

Buy 3M Stock, Says Analyst. The Catalyst Is the Dividend Cut.

CFRA analyst Jonathan Sakraida upgraded 3M stock to Buy from Hold, and lifted the price target to $115 from $100.

6 weeks ago - Barrons

Will DexCom Offer Better Returns Than 3M Stock?

Given its better prospects, we believe DexCom stock (NASDAQ NASDAQ : DXCM) is a better pick than 3M stock (NYSE: MMM). Although these companies are from different sectors, we compare them because of t...

Other symbols: DXCM
6 weeks ago - Forbes

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.

6 weeks 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...

6 weeks 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.

7 weeks 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, ...

7 weeks 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
7 weeks ago - CNBC Television

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.

7 weeks ago - Market Watch

Cramer's Stop Trading: 3M

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

7 weeks 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...

7 weeks 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
2 months ago - CNBC Television

3M expands facility in Valley, Nebraska

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

2 months 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...

2 months ago - Forbes