3M (MMM) Stock Forecast, Price & News

3M (NYSE:MMM) Frequently Asked Questions

Is 3M a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 3M in the last year. There are currently 5 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

When is 3M's next earnings date?

3M is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for 3M.

How were 3M's earnings last quarter?

3M (NYSE:MMM) posted its quarterly earnings data on Tuesday, April, 26th. The conglomerate reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates of $2.33 by $0.32. The conglomerate had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.75 billion. 3M had a trailing twelve-month return on equity of 39.35% and a net margin of 15.84%. The company's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.77 EPS.
View 3M's earnings history.

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

3M declared a quarterly dividend on Tuesday, May 10th. Investors of record on Friday, May 20th will be given a dividend of $1.49 per share on Sunday, June 12th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend is Thursday, May 19th.
View 3M's dividend history.

Is 3M a good dividend stock?

3M pays an annual dividend of $5.96 per share and currently has a dividend yield of 3.99%. MMM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 3M has been increasing its dividend for 65 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of 3M is 62.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, 3M will have a dividend payout ratio of 52.42% 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 FY22 earnings guidance on Tuesday, April, 26th. The company provided earnings per share (EPS) guidance of $10.75-11.25 for the period, compared to the consensus estimate of $10.29.

What price target have analysts set for MMM?

15 brokerages have issued 12 month price objectives for 3M's shares. Their forecasts range from $118.00 to $215.00. On average, they expect 3M's share price to reach $165.14 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
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 & CEO (Age 62, Pay $4.72M) (LinkedIn Profile)
• Mr. Monish D. Patolawala, Exec. VP and Chief Financial & Transformation Officer (Age 50, Pay $2.63M)
• Dr. Michael G. Vale Ph.D., Group Pres of Safety & Industrial Bus. Group (Age 56, Pay $1.54M)
• Dr. Ashish K. Khandpur, Group Pres of Transportation & Electronics Bus. Group (Age 54, Pay $1.74M)
• Ms. Mojdeh Poul, Group Pres of Health Care Bus. Group (Age 59, Pay $2.14M)
• Ms. Theresa E. Reinseth, Sr. VP, Corp. Controller & Chief Accounting Officer (Age 49) (LinkedIn Profile)
• Dr. John P. Banovetz, Exec. VP, CTO & Environmental Responsibility (Age 54)
• Mr. Mark W. Murphy II, Exec. VP and Chief Information & Digital Officer (Age 54)
• Mr. Bruce Jermeland C.F.A., VP of Investor Relations
• Michael A. Duran, Sr. VP and Chief Ethics & Compliance Officer

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?

Some companies that are related to 3M include Stryker (SYK), Becton, Dickinson and (BDX), Boston Scientific (BSX), Baxter International (BAX), DexCom (DXCM), ResMed (RMD), Fresenius SE & Co. KGaA (FSNUY), Insulet (PODD), Teleflex (TFX), Abiomed (ABMD), NovoCure (NVCR), Globus Medical (GMED), ShockWave Medical (SWAV), Penumbra (PEN) and Integra LifeSciences (IART).
View all of MMM's 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), 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.31%), BlackRock Inc. (7.56%), Charles Schwab Investment Management Inc. (1.99%), Newport Trust Co (1.71%), Flossbach Von Storch AG (1.61%) and Northern Trust Corp (1.30%). Company insiders that own 3M stock include Denise R Rutherford, Eric D Hammes, Ivan K Fong, Jeffrey R Lavers, Jeffrey R Lavers, John Patrick Banovetz, Khandpur K Ashish, Khandpur K Ashish, Kristen M Ludgate, Michael F Roman, Michael G Vale and Theresa E Reinseth.
View institutional ownership trends for 3M.

Which major investors are selling 3M stock?

MMM stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Federated Hermes Inc., American Century Companies Inc., APG Asset Management N.V., Lazard Freres Gestion S.A.S., Envestnet Asset Management Inc., Massachusetts Financial Services Co. MA, and Toronto Dominion Bank. Company insiders that have sold 3M company stock in the last year include Denise R Rutherford, Eric D Hammes, Jeffrey R Lavers, John Patrick Banovetz, Khandpur K Ashish, and Michael F Roman.
View insider buying and selling activity for 3M or view top insider-selling stocks.

Which major investors are buying 3M stock?

MMM stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Verity Asset Management Inc., Charles Schwab Investment Management Inc., Nuance Investments LLC, Van ECK Associates Corp, Aaron Wealth Advisors LLC, and Swiss National Bank.
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 $149.30.

How much money does 3M make?

3M has a market capitalization of $84.96 billion and generates $35.36 billion in revenue each year. The conglomerate earns $5.92 billion in net income (profit) each year or $9.609990 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 Innovative Properties Company, D B Industries LLC, 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 Espana S.L., 3M Financial Management Company, 3M France S.A.S., 3M Global Capital S.a.r.l., 3M Global Channel Services Inc., 3M Health Information Systems Inc., 3M Holding Company B.V., 3M Hong Kong Limited, 3M ITALIA s.r.l., 3M India Limited, 3M Innovation Singapore Pte. Ltd., 3M Interamerica Inc., 3M Intermediate Acquisitions B.V., 3M International Group B.V., 3M International Holding B.V., 3M International Investments B.V., 3M International Trading (Shanghai) Co. Ltd., 3M Investments (China) Co. Ltd., 3M Japan Holdings G.K., 3M Japan Innovation Limited, 3M Japan Limited, 3M Japan Products Limited, 3M Korea Co. Ltd, 3M Manaus Industria de Produtos Quimicos Ltda., 3M Material Technology (Suzhou) Co. Ltd., 3M Mexico Sociedad Anonima de Capital Variable, 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 Specialty Materials (Shanghai) Co. Ltd., 3M Svenska Aktiebolag, 3M Taiwan Limited, 3M Taiwan Optronics Corporation, 3M Technical Ceramics Inc., 3M Thailand Limited, 3M UK Holdings 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, Acelity Inc., 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, Alpha Beta Global Tapes and Adhesives Co. Ltd., 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, Chiron Holdings Inc., 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 Cayman Holdings, KCI Cayman Holdings II, KCI Europe Holding B.V., KCI Holding Company Inc., KCI International Inc., KCI Licensing Inc., KCI Manufacturing Unlimited Company, KCI UK Holdings Limited, KCI USA Inc., Kinetic Concepts Inc., Les Entreprises Solumed, Ligacon, Ligacon - Filtration Supplier, Lingualcare, M Modal, MModal IP LLC, MModal LLC, MModal MQ Inc., MModal Services Ltd., MTI PolyFab, Medical Holdings Limited, Meguiar's Inc., 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, Scott Technologies Inc., Security Printing and Systems Limited, Semfinder, SoftMed Systems, Solvay Fluoropolymers, Standard Abrasives, Systagenix Wound Management B.V., Systagenix Wound Management Limited, Systagenix Wound Management Mezz B.V., 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.

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, via email at [email protected], or via fax at 651-733-9973.