3M Company (MMM)
| Market Cap | 53.40B |
| Revenue (ttm) | 32.68B |
| Net Income (ttm) | -7.00B |
| Shares Out | 553.36M |
| EPS (ttm) | -12.63 |
| PE Ratio | n/a |
| Forward PE | 12.52 |
| Dividend | $6.04 (6.26%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 16,669,663 |
| Open | 95.73 |
| Previous Close | 92.16 |
| Day's Range | 93.78 - 97.84 |
| 52-Week Range | 71.36 - 97.84 |
| Beta | 1.04 |
| Analysts | Hold |
| Price Target | 107.18 (+11.06%) |
| 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for MMM stock is "Hold." The 12-month stock price forecast is $107.18, which is an increase of 11.06% from the latest price.
News
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.
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 ...
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.
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.
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...
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.
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...
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.
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...
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.
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.
SCOTCH-BRITE CONTINUES TO BUILD SUSTAINABILITY INTO ITS GREENER CLEAN PRODUCTS
Introducing the Greener Clean Non-Scratch Soap Control Dishwand and Greener Clean Bottle & Straw Brush ST. PAUL, Minn.
These household-name companies have bonds yielding more than 5%
Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.
3M Announces Upcoming Investor Event
Company files Form 8-K containing pro forma financial information Provides rebaselined financial information ST. PAUL, Minn.
3M launches new Verify app to help tackle counterfeit personal protective equipment
ST. PAUL, Minn. , April 3, 2024 /PRNewswire/ -- When it comes to personal protective equipment, or PPE, there's no place for fraud or counterfeit.
Two industrial giants to complete spinoffs this week
Stephanie Link, CIO at Hightower, joins CNBC's 'Halftime Report' to discuss the upcoming breakups of GE and 3M.
3M (MMM) $12.5B Settlement Receives Court Approval
3M (MMM) faced a lawsuit over contaminating drinking water with “forever chemicals.” Renita Young discusses this as the $12.5B settlement agreement receives final court approval.
3M Completes Health Care Spinoff, and a Court Finalizes 'Forever Chemicals' Settlement
Two big announcements from 3M (MMM) sent shares of the conglomerate higher Monday.
3M's $12.5 billion settlement to address ‘forever chemicals' in drinking water receives final court approval
3M Co. MMM, says that its previously-announced $12.5 billion settlement agreement with U.S. public water suppliers has received final approval from the U.S. District Court in Charleston, South Carolin...
3M Settlement with Public Water Suppliers to Address PFAS in Drinking Water Receives Final Court Approval
Agreement includes pre-tax present value commitment of up to $10.3 billion payable over 13 years Supports PFAS remediation for U.S. public water suppliers (PWS) across the country that have detected a...
3M stock is down 15% on Monday: what happened?
Solventum – a healthcare unit that 3M Co (NYSE: MMM) spun off in March will begin trading on the New York Stock Exchange today. Ahead of it, $MMM is down 15% in premarket.
Solventum Begins Trading on the New York Stock Exchange
Formerly 3M Health Care Business, Solventum (NYSE: SOLV) enables better, smarter, safer healthcare to improve lives ST. PAUL, Minn.
3M Completes Spin-off of Solventum
ST. PAUL, Minn., April 1, 2024 /PRNewswire/ -- Today, 3M completed the planned spin-off of its health care business, which formally launches Solventum Corporation as an independent company.
GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK , March 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Solventum Corp. (NYSE: SOLV) will be added to the S...
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.