3M (MMM) Set to Release Earnings on Tuesday

Key Points

• 3M is expected to report Q3 2026 results before Tuesday’s market open. Analysts forecast earnings of $2.39 per share and revenue of $6.61 billion; the company’s full-year EPS guidance is $8.80–$8.95.
• In the prior quarter, 3M exceeded expectations with $2.40 EPS versus the $2.25 consensus and $6.50 billion in revenue. Revenue increased 2.5% year over year.
• Wall Street maintains a consensus “Hold” rating, with an average price target of $181.71. 3M also pays a quarterly dividend of $0.78 per share, equivalent to a 1.9% yield.

3M (NYSE:MMM - Get Free Report) is expected to be releasing its Q3 2026 results before the market opens on Tuesday, October 20th. Analysts expect 3M to announce earnings of $2.39 per share and revenue of $6.61 billion for the quarter. 3M has set its FY 2026 guidance at 8.800-8.950 EPS. Individuals may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 9:00 AM ET.

3M (NYSE:MMM - Get Free Report) last posted its earnings results on Tuesday, July 21st. The conglomerate reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $2.25 by $0.15. The company had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $6.40 billion. 3M had a return on equity of 115.87% and a net margin of 11.90%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.16 earnings per share. On average, analysts expect 3M to post $8.97 EPS for the current fiscal year and $9.82 EPS for the next fiscal year.

3M Stock Performance

NYSE MMM opened at $160.74 on Tuesday. The stock has a market capitalization of $82.89 billion, a PE ratio of 28.55, a P/E/G ratio of 2.24 and a beta of 0.99. The business has a 50 day simple moving average of $171.39 and a two-hundred day simple moving average of $160.84. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.24 and a quick ratio of 0.91. 3M has a 1-year low of $139.34 and a 1-year high of $184.90.

3M Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 24th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, August 24th. 3M's dividend payout ratio is 55.42%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on MMM shares. JPMorgan Chase & Co. lowered their target price on 3M from $205.00 to $185.00 and set an "overweight" rating for the company in a research report on Friday. Sanford C. Bernstein raised shares of 3M from an "underperform" rating to a "market perform" rating and raised their target price for the company from $145.00 to $171.00 in a report on Friday, September 25th. Wolfe Research restated an "outperform" rating on shares of 3M in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of 3M from $192.00 to $194.00 and gave the stock a "hold" rating in a research report on Wednesday, September 30th. Finally, UBS Group upped their price target on shares of 3M from $190.00 to $218.00 and gave the company a "buy" rating in a research note on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $181.71.

Insiders Place Their Bets

In other 3M news, insider Karin Chavez sold 3,635 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $182.51, for a total transaction of $663,423.85. Following the sale, the insider directly owned 14,035 shares of the company's stock, valued at $2,561,527.85. The trade was a 20.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.19% of the stock is owned by insiders.

About 3M

3M is a diversified technology and manufacturing company that develops products and solutions for industrial, workplace safety, transportation, electronics, consumer and other markets. Its portfolio includes adhesives, abrasives, tapes, films, filtration products, personal protective equipment, reflective materials and advanced materials used in manufacturing and commercial applications.

The company sells a broad range of well-known consumer and office products under brands such as Post-it and Scotch.

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