There’s No Getting Around 3M Co. (NYSE: MMM) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

MMM belongs to the Industrials sector of the NYSE while operating in the Conglomerates industry. The current market capitalization of 3M Co. is $50.53B. A total of 3.48 million shares were traded on the day, compared to an average of 6.47M shares.

In the most recent transaction, Chavez Rodriguez Beatriz Karin sold 426 shares of MMM for 92.32 per share on Feb 14 ’24. After the transaction, the Group President now owns 3,966 company shares. In a previous transaction on May 18 ’23, Ashish Khandpur K sold 9,432 shares at 99.27 per share. MMM shares that Group President owns now total 20,943.

Among the insiders who sold shares, Hammes Eric D. disposed of 6,487 shares on Apr 28 ’23 at a per-share price of $105.33. This resulted in the EVP & Chief Count Gov Svc Off holding 10,430 shares of MMM after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. MMM’s most recent ex-dividend date was 2/15/2024 when it declared a $1.51 quarterly dividend that was paid in cash on 3/12/2024. Previously, the company paid the dividend on 12/12/2023 with an ex-dividend date of 11/16/2023. The MMM stock dividend was $1.50 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MMM has a high of $95.67 and a low of $71.35.

As of this writing, MMM has an earnings estimate of $Marsh & McLennan Companies, Inc per share for the current quarter. EPS was calculated based on a consensus of 3M Company estimates, with a high estimate of $Full Truck Alliance Co. Ltd. per share and a lower estimate of $MGM Resorts International.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MMM’s latest balance sheet shows that the firm has $4.76B in Cash & Short Term Investments as of fiscal 2021. There were $18.31B in debt and $9.04B in liabilities at the time. Its Book Value Per Share was $8.70, while its Total Shareholder’s Equity was $15.12B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MMM is Buy with a score of 3.14.

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