3M Stock Forecast, Price & News

+2.28 (+1.16 %)
(As of 04/9/2021 12:00 AM ET)
Today's Range
Now: $198.00
50-Day Range
MA: $185.71
52-Week Range
Now: $198.00
Volume2.16 million shs
Average Volume2.80 million shs
Market Capitalization$114.72 billion
P/E Ratio23.21
Dividend Yield3.02%
3M Company develops, manufactures, and markets various products worldwide. It operates through four business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers personal safety products, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules to industrial, electrical, and safety markets. The Transportation and Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive and aerospace, and commercial solutions; advanced materials; and transportation safety products to transportation and electronic original equipment manufacturer customers. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products to healthcare industry. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies to various consumers. This segment is also involved in the retail auto care business. It offers its products through various e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users. 3M Company has a strategic collaboration with Merry Maids in residential cleaning sector. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.
3M logo

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryIndustrial Conglomerates
Year Founded1902



Sales & Book Value

Annual Sales$32.14 billion
Cash Flow$14.32 per share
Book Value$17.61 per share


Net Income$4.57 billion


Market Cap$114.72 billion
Next Earnings Date4/27/2021 (Estimated)


3M (NYSE:MMM) Sets New 52-Week High at $198.95
April 9, 2021 |  americanbankingnews.com
Contrasting Insulet (NASDAQ:PODD) and 3M (NYSE:MMM)
April 8, 2021 |  americanbankingnews.com
3M (NYSE:MMM) Price Target Raised to $180.00
April 6, 2021 |  americanbankingnews.com
Credit Suisse Group Raises 3M (NYSE:MMM) Price Target to $202.00
March 29, 2021 |  americanbankingnews.com
3M (NYSE:MMM) Hits New 1-Year High After Analyst Upgrade
March 24, 2021 |  americanbankingnews.com
Q2 2021 EPS Estimates for 3M (NYSE:MMM) Increased by Analyst
March 24, 2021 |  americanbankingnews.com
What Does 3M's Debt Look Like?
March 23, 2021 |  finance.yahoo.com
Looking Into 3M's Return On Capital Employed
March 23, 2021 |  finance.yahoo.com
Is 3M Company (NYSE:MMM) A High Quality Stock To Own?
March 1, 2021 |  finance.yahoo.com
ROCE Insights For 3M
February 17, 2021 |  finance.yahoo.com
3M Board Declares Increase to First Quarter 2021 Dividend
February 2, 2021 |  markets.businessinsider.com
3M Co. to Host Earnings Call
January 26, 2021 |  finance.yahoo.com
See More Headlines


Overall MarketRank

2.39 out of 5 stars

Multi-Sector Conglomerates Sector

2nd out of 44 stocks

Surgical & Medical Instruments Industry

1st out of 168 stocks

Analyst Opinion: 2.0Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
+2.28 (+1.16 %)
(As of 04/9/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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3M (NYSE:MMM) Frequently Asked Questions

Is 3M a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for 3M in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" 3M stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MMM, but not buy additional shares or sell existing shares.
View analyst ratings for 3M
or view top-rated stocks.

What stocks does MarketBeat like better than 3M?

Wall Street analysts have given 3M a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but 3M wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is 3M's next earnings date?

3M is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for 3M

How were 3M's earnings last quarter?

3M (NYSE:MMM) posted its quarterly earnings data on Monday, January, 25th. The conglomerate reported $2.38 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.15 by $0.23. The conglomerate earned $8.58 billion during the quarter, compared to analyst estimates of $8.39 billion. 3M had a trailing twelve-month return on equity of 44.77% and a net margin of 15.65%. 3M's revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 earnings per share.
View 3M's earnings history

How has 3M's stock been impacted by Coronavirus (COVID-19)?

3M's stock was trading at $147.24 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MMM stock has increased by 34.5% and is now trading at $198.00.
View which stocks have been most impacted by COVID-19

How often does 3M pay dividends? What is the dividend yield for 3M?

3M announced a quarterly dividend on Tuesday, February 2nd. Stockholders of record on Friday, February 12th will be paid a dividend of $1.48 per share on Friday, March 12th. This represents a $5.92 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Thursday, February 11th. This is a boost from 3M's previous quarterly dividend of $1.47.
View 3M's dividend history

Is 3M a good dividend stock?

3M pays an annual dividend of $5.92 per share and currently has a dividend yield of 3.02%. 3M has been increasing its dividend for 59 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of 3M is 65.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, 3M will have a dividend payout ratio of 62.32% next year. This indicates that 3M will be able to sustain or increase its dividend.
View 3M's dividend history.

What guidance has 3M issued on next quarter's earnings?

3M updated its FY21 earnings guidance on Tuesday, January, 26th. The company provided EPS guidance of $9.20-9.70 for the period, compared to the Thomson Reuters consensus estimate of $9.52. The company issued revenue guidance of +5-8% (implying $33.8-34.8 billion), compared to the consensus revenue estimate of $33.95 billion.

What price target have analysts set for MMM?

11 brokerages have issued 12 month target prices for 3M's stock. Their forecasts range from $163.00 to $205.00. On average, they anticipate 3M's share price to reach $183.60 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
View analysts' price targets for 3M
or view top-rated stocks among Wall Street analysts.

Who are 3M's key executives?

3M's management team includes the following people:
  • Mr. Michael F. Roman, Chairman, Pres & CEO (Age 61, Pay $2.68M) (LinkedIn Profile)
  • Dr. Michael G. Vale Ph.D., Exec. VP of Safety & Industrial Bus. Group (Age 55, Pay $1.19M) (LinkedIn Profile)
  • Dr. Ashish K. Khandpur, Exec. VP of Transportation & Electronics Bus. Group (Age 53, Pay $1.06M) (LinkedIn Profile)
  • Mr. Monish D. Patolawala, Sr. VP & CFO (Age 49)
  • Ms. Theresa E. Reinseth, VP, Corp. Controller & Chief Accounting Officer (Age 48) (LinkedIn Profile)
  • Dr. John P. Banovetz, Sr. VP, CTO & Environmental Responsibility (Age 53) (LinkedIn Profile)
  • Mr. Bruce Jermeland C.F.A., VP of Investor Relations
  • Mr. Ivan K. Fong, Sr. VP, Chief Legal & Policy Officer and Sec. (Age 60) (LinkedIn Profile)
  • Michael A. Duran, VP and Chief Ethics & Compliance Officer (LinkedIn Profile)
  • Ms. Kristen M. Ludgate, Sr. VP of HR (Age 58) (LinkedIn Profile)

What is Mike Roman's approval rating as 3M's CEO?

385 employees have rated 3M CEO Mike Roman on Glassdoor.com. Mike Roman has an approval rating of 80% among 3M's employees.

Who are some of 3M's key competitors?

What other stocks do shareholders of 3M own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 3M investors own include Johnson & Johnson (JNJ), AT&T (T), Intel (INTC), The Walt Disney (DIS), Cisco Systems (CSCO), AbbVie (ABBV), Verizon Communications (VZ), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM) and Pfizer (PFE).

What is 3M's stock symbol?

3M trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMM."

Who are 3M's major shareholders?

3M's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.03%), Liberty One Investment Management LLC (0.02%), Chemung Canal Trust Co. (0.01%), Jacobs & Co. CA (0.01%), Woodstock Corp (0.01%) and Pacer Advisors Inc. (0.01%). Company insiders that own 3M stock include David B Dillon, Denise R Rutherford, Eric D Hammes, Gregory R Page, Ivan K Fong, Jeffrey R Lavers, Joaquin Delgado, John Patrick Banovetz, Julie L Bushman, Khandpur K Ashish, Michael F Roman, Michael G Vale and Ty R Silberhorn.
View institutional ownership trends for 3M

Which institutional investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Pensionfund Sabic, Pacer Advisors Inc., Liberty One Investment Management LLC, Smith Shellnut Wilson LLC ADV, Strategic Wealth Management Group LLC, Orrstown Financial Services Inc., and Echo Wealth Management LLC. Company insiders that have sold 3M company stock in the last year include Denise R Rutherford, Ivan K Fong, Jeffrey R Lavers, John Patrick Banovetz, Khandpur K Ashish, Michael F Roman, Michael G Vale, and Ty R Silberhorn.
View insider buying and selling activity for 3M
or view top insider-selling stocks.

Which institutional investors are buying 3M stock?

MMM stock was bought by a variety of institutional investors in the last quarter, including Chemung Canal Trust Co., TrimTabs Asset Management LLC, Pensionfund DSM Netherlands, Jacobs & Co. CA, NBT Bank N A NY, Foundations Investment Advisors LLC, Fulton Bank N.A., and Thomasville National Bank. Company insiders that have bought 3M stock in the last two years include David B Dillon, and Gregory R Page.
View insider buying and selling activity for 3M
or or view top insider-buying stocks.

How do I buy shares of 3M?

Shares of MMM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is 3M's stock price today?

One share of MMM stock can currently be purchased for approximately $198.00.

How much money does 3M make?

3M has a market capitalization of $114.72 billion and generates $32.14 billion in revenue each year. The conglomerate earns $4.57 billion in net income (profit) each year or $9.10 on an earnings per share basis.

How many employees does 3M have?

3M employs 95,000 workers across the globe.

Does 3M have any subsidiaries?

The following companies are subsidiares of 3M: 3M Asia Holding B.V., 3M Asia Pacific UK Holding Ltd, 3M Asset Management S.a.r.l., 3M Australia Pty. Ltd., 3M Belgium bvba sprl, 3M Canada Company - Compagnie 3M Canada, 3M China Limited, 3M Deutschland GmbH, 3M EMEA GmbH, 3M Financial Management Company, 3M France S.A.S., 3M Global Capital S.a.r.l., 3M Holding Company B.V., 3M Hong Kong Limited, 3M ITALIA s.r.l., 3M India Limited, 3M Innovation Singapore Pte. Ltd., 3M Innovative Properties Company, 3M Intermediate Acquisitions B.V., 3M International Group B.V., 3M International Holding B.V., 3M International Investments B.V., 3M Japan Holdings G.K., 3M Japan Limited, 3M Japan Products Limited, 3M Korea High Tech Limited, 3M Korea Ltd, 3M Manaus Industria de Produtos Quimicos Ltda., 3M Occupational Safety LLC, 3M Panama Pacifico S. de R.L, 3M Poland Manufacturing Sp. z.o.o., 3M Precision Grinding GmbH, 3M Products Limited, 3M Purification Inc., 3M Purification SAS, 3M Real Estate GmbH & Co KG, 3M Singapore Pte. Ltd., 3M Svenska Aktiebolag, 3M Taiwan Limited, 3M Taiwan Optronics Corporation, 3M Thailand Limited, 3M United Kingdom Public Limited Company, 3M Unitek Corporation, 3M West Europe B.V., 3M Wroclaw spolka z ograniczona odpowiedzialnoscia, 3M do Brasil Ltda., ABRASIVOS, Abzil Industria e Comercio, Accuspray Application Technologies, Ace, Acelity, Acolyte Biomedica, Advanced Chemistry & Technology, Aearo Holding LLC, Aearo Intermediate LLC, Aearo LLC, Aearo Technologies, Aearo Technologies LLC, Aerion Supersonic, Alpha Beta Global Tapes And Adhesives Co, Archon Technologies, Arizant, Attenti, Avery Dennison - consumer products business, Biotrace International, Bondo, Brontes Technologies, CUNO, Capital Safety, Capital Safety Acquisitions Limited, Capital Safety Global Holdings Limited, Capital Safety Group Canada ULC, Capital Safety Group EMEA, Capital Safety North America Holdings Inc., Capital Safety North America Intermediate Holdings LLC, Ceradyne, CodeRyte, Cogent Systems, Credence Technologies, DMS Chile, Dailys, Diamond Productions, Dyneon GmbH, E Wood Holdings, EMFI SAS, Elution Technologies, Faab Fabricauto, Federal Signal Technologies, Food Diagnostics, Futuro, General Industrial Diamond Company, Grafoplast, HighJump Software, Hornell International, Hybrivet Systems, IMTEC Corp., Incavas Industria de Cabos e Vassouras, Ivera Medical, J.R. Phoenix, JJ Converting, K&H Surface Technologies, KCI Manufacturing Unlimited Company, Les Entreprises Solumed, Ligacon, Ligacon - Filtration Supplier, Lingualcare, M Modal, MModal CB Inc., MModal IP LLC, MModal LLC, MModal MQ Inc., MTI PolyFab, Medical Holdings Limited, Meguiar’s, Mercury Online Solutions, Nida-Core, Nylonge, OMNII Oral Pharmaceuticals, Original Wraps, Polyfoam Products, Polypore (Separations Media Business), Powel, Quest Technologies, Robinson Nugent, Rochford Thompson Equipment, Ross Reels, SAPO S.A.S, SBG, SCC Products Inc., Scott Health & Safety Limited, Scott Safety, Security Printing and Systems Limited, Semfinder, SoftMed Systems, Solvay Fluoropolymers, Standard Abrasives, TOP-Service für Lingualtechnik, Treo Solutions, Unifam, and Venture Tape.

When was 3M founded?

3M was founded in 1902.

What is 3M's official website?

The official website for 3M is www.3m.com.

Where are 3M's headquarters?

3M is headquartered at 3M CENTER BLDG. 220-11W-02, ST PAUL MN, 55144.

How can I contact 3M?

3M's mailing address is 3M CENTER BLDG. 220-11W-02, ST PAUL MN, 55144. The conglomerate can be reached via phone at 651-733-1110.

This page was last updated on 4/11/2021 by MarketBeat.com Staff
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