3M Company (MMM)

NYSE: MMM · IEX Real-Time Price · USD
92.30
+0.48 (0.52%)
At close: Feb 27, 2024, 4:00 PM
92.04
-0.26 (-0.28%)
Pre-market: Feb 28, 2024, 5:17 AM EST
0.52%
Market Cap 50.75B
Revenue (ttm) 32.68B
Net Income (ttm) -7.00B
Shares Out 552.70M
EPS (ttm) -12.63
PE Ratio n/a
Forward PE 9.55
Dividend $6.04 (6.54%)
Ex-Dividend Date Feb 15, 2024
Volume 1,914,876
Open 92.00
Previous Close 91.82
Day's Range 91.48 - 92.35
52-Week Range 85.35 - 113.14
Beta 1.02
Analysts Hold
Price Target 109.00 (+18.09%)
Earnings Date Jan 23, 2024

About MMM

3M Company provides diversified technology services in the United States and internationally. The company operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The 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 equ... [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 12 analysts, the average rating for MMM stock is "Hold." The 12-month stock price forecast is $109.0, which is an increase of 18.09% from the latest price.

Price Target
$109.0
(18.09% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Profit pillars: 5 Dividend aristocrats for reliable income

3M NYSE: MMM, International Business Machines NYSE: IBM, Realty Income Inc. NYSE: O, Target Corp. NYSE: TGT and the Southern Company NYSE: SO are among dividend aristocrats with a history of increasin...

Other symbols: DLTRGDHGIBMTGT
6 days ago - MarketBeat

3M Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Health Care Business as Solventum

Solventum anticipated to spin off from 3M on April 1, 2024 ST. PAUL, Minn.

6 days ago - PRNewsWire

What's Next For 3M Stock After A 15% Fall This Year?

3M (NYSE: MMM) reported its Q4'23 results last month, with revenues and earnings beating the street estimates. The company reported revenue of $8.0 billion and earnings of $2.42 on a per-share and adj...

11 days ago - Forbes

Daily Dividend Report: Mastercard, MMM, Gilead, Keurig, Zoetis

Mastercard today announced that its Board of Directors has declared a quarterly cash dividend of 66 cents per share. The cash dividend will be paid on May 9, 2024 to holders of record of its Class A c...

Other symbols: GILDMAZTSKDP
20 days ago - Forbes

3M Announces Upcoming Investor Events

ST. PAUL, Minn. , Feb. 7, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor events: Citi's 2024 Global Industrial Tech and Mobility Conference on Wednesday, Feb. 21, 2024.

20 days ago - PRNewsWire

3M M*Modal AI-powered radiology speech reporting solution is again honored by the #1 Best in KLAS award for the third consecutive year

ST. PAUL, Minn. , Feb. 7, 2024 /PRNewswire/ -- 3M Health Information Systems (HIS) today announced that 3M™ M*Modal Fluency for Imaging  is now a four-time #1 Best in KLAS award winner in the Speech R...

20 days ago - PRNewsWire

3M Board Declares Quarterly Dividend

ST. PAUL, Minn. , Feb. 6, 2024 /PRNewswire/ -- The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company's common stock of $1.51 per share for the first quarter of 2024.

21 days ago - PRNewsWire

Verizon, Walgreens, 3M: 3 high-yield Dow stocks to buy now?

Verizon Communications Inc. NYSE: VZ, Walgreens Boots Alliance Inc. NASDAQ: WBA and 3M NYSE: MMM are among the highest-yielding components of the Dow Jones Industrial Average.

Other symbols: VZWBA
22 days ago - MarketBeat

Dow Stocks To Trade In February

For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month.

Other symbols: CATCRMDOWIBMJNJJPMMSFT
26 days ago - Forbes

3M's $6 Billion Earplug Settlement Gets Support From Claimants

The company says participation in its settlement of allegations that its earplugs caused hearing loss among veterans is on pace to exceed the 98% threshold required by the agreement.

4 weeks ago - WSJ

3M says earplug litigation settlement on track to exceed 98% participation threshold it agreed to

3M Co. MMM, +0.01% said Monday the litigation settlement it agreed to for selling potentially faulty earplugs to the military is on track to exceed the 98% participation threshold by the final registr...

4 weeks ago - Market Watch

Combat Arms Earplugs Settlement Set to Exceed 98% Participation Milestone

3M has elected to pay $1 billion in cash, instead of stock ST. PAUL, Minn.

4 weeks ago - PRNewsWire

Why this portfolio manager says buy 3M stock

Industrials are currently lagging behind the broader market index despite positive returns in 2023, but is now the the time to buy back in? Zacks Investment Management Director and Client Portfolio Ma...

4 weeks ago - Yahoo Finance

When does 3M's stumble become a buy?

Having put in what looked like a bottom last October, investors in 3M Co NYSE: MMM would have been looking ahead to 2024 with bullish optimism. Sure, the stock had sunk 60% since the summer of 2021, b...

4 weeks ago - MarketBeat

3M CEO on earnings: We expect a successful 2024

3M CEO Mike Roman joins 'Squawk on the Street' to discuss the company's quarterly earnings results, how much of the company's legal situations are incorporated in earnings, and more.

5 weeks ago - CNBC Television

Cramer's Mad Dash: 3M

CNBC's Jim Cramer delivers his daily Mad Dash.

5 weeks ago - CNBC Television

Embattled 3M beats expectations in financial results, but still loses the war

On January 23rd, Post Its and safety equipment creator 3M (the Minnesota Mining and Manufacturing Company) reported above-expectations financial results, considering the ongoing costs of the company's...

5 weeks ago - Invezz

3M stock tanks after quarterly profit beat forecasts but full-year outlook was well below

Shares of 3M Co. MMM, +0.24% tanked 6.2% in premarket trading Tuesday, after the consumer, industrial and healthcare-products company reported fourth-quarter profit that rose above expectations but pr...

5 weeks ago - Market Watch

3M Delivers Strong Fourth-Quarter Results; Improves Operational Performance and Exceeds Earnings and Cash Flow Expectations

Results reflect strong operational execution, progress on restructuring, and spending discipline Well-positioned to continue improving performance, including continued expansion of adjusted operating ...

5 weeks ago - PRNewsWire

Three-Stock Lunch: Affirm Holdings, Gilead Sciences and 3M

George Ball, chairman at Sanders Morris Harris, joins 'Power Lunch' to discuss Ball's investment take on three stocks: Affirm Holdings, Gilead Sciences, and 3M.

Other symbols: AFRMGILD
5 weeks ago - CNBC Television

3M financial results forecast: will tomorrow's earnings fall on deaf ears?

One of America's biggest household names, 3M of Post-Its fame and a leading name in the protective equipment and safety space, has been in a precarious position as of late. In mid-2023, courts ruled t...

5 weeks ago - Invezz

Need yield? 3M stock has it, plus 5.0% upside

Everyone pretty much is aware that the FED has taken a different stance to their interest rate trajectory for this year. Whereas they focused on hiking interest rates during 2023 to combat stubborn in...

5 weeks ago - MarketBeat

Proven auscultation leader 3M Littmann Stethoscopes are now available with an innovative Satin Finish tubing

ST. PAUL, Minn. , Jan. 16, 2024 /PRNewswire/ -- Continuing its proven leadership in innovation, the 3M™ Littmann® brand has announced a new update to its tubing, unveiling the new Satin Finish tubing.

6 weeks ago - PRNewsWire

Search begins for 2024 America's Top Young Scientist

3M and Discovery Education open submissions to the 2024 Young Scientist Challenge  ST. PAUL, Minn.

6 weeks ago - PRNewsWire

Don't Miss These 3 Industrials Stocks With Over 4% Dividend Yields From Wall Street's Most Accurate Analysts - Trinity Industries (NYSE:TRN), 3M (NYSE:MMM)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: TRNUPS
6 weeks ago - Benzinga