MMM Stock Recent News

The dividend cut and legal settlements have made the stock less risky. The stock's valuation makes it look a good buy on s risk/reward basis.

3M (NYSE: MMM) recently reported its Q1'24 results, with revenues and earnings beating the street estimates. The company reported revenue of $7.72 billion and earnings of $2.39 on a per-share and adjusted basis, compared to the consensus estimates of $7.63 billion and $2.10, respectively.

3M plans to reset its dividend now that it has completed spinning off Solventum. It will pay out 40% of its adjusted free cash flow in the future.

J.P. Morgan analyst Stephen Tusa bumped the company's shares from Hold. His price target went up $1 to $111 a share.

3M Co (NYSE:MMM) shares moved higher as the multinational conglomerate operating across industry, worker safety and consumer goods posted a better-than-expected quarterly profit. The company's adjusted earnings per share (EPS) were $2.39, up 21% year-over-year and ahead of estimates of $2.08.

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 aristocrat.

3M (MMM) reports first-quarter 2024 results, wherein adjusted revenues inch up 0.5% year over year.

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 beat first-quarter expectations and offered full-year guidance that was in line with analysts' predictions. The company is finally set to put long-running litigation and significant restructurings behind it.

3M (MMM) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $1.97 per share a year ago.