How to buy 3M Company shares | $197.14

3M Company (MMM) is a leading specialty industrial machinery business based in the US. It opened the day at $197.66 after a previous close of $199.05. During the day the price has varied from a low of $196.13 to a high of $198.99. The latest price was $197.14 (25 minute delay). 3M Company is listed on the NYSE and employs 95,000 staff. All prices are listed in US Dollars.

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How has coronavirus impacted 3M Company's share price?

Since the stock market crash that started in February 2020, 3M Company's share price has had significant positive movement.

Its last market close was $202.41, which is 22.47% up on its pre-crash value of $156.93 and 77.49% up on the lowest point reached during the March 2020 crash when the shares fell as low as $114.04.

If you had bought $1,000 worth of 3M Company shares at the start of February 2020, those shares would have been worth $753.19 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,293.40.

3M Company share price

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Fees for buying 5x 3M Company shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform	Platform fee	Min. initial deposit	Trading fee estimate
	£0	No minimum	£7.11 £717.70 total	Go to site Capital at risk
	£0	$200	£3.55 £714.14 total	Go to site Capital at risk
	£0	£0.01	£1.16 £711.75 total	Go to site Capital at risk
	£0	£50	£3.57 £714.16 total	Go to site Capital at risk
	£0	£1	£19.07 £729.66 total	Go to site Capital at risk
	£9.99 per month	No minimum	£18.66 £729.25 total	Go to site Capital at risk
	£36 per year	£20	£18.40 £728.99 total	Read review Capital at risk

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Is it a good time to buy 3M Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is 3M Company under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

3M Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, 3M Company shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, 3M Company's P/E ratio is best considered in relation to those of others within the specialty industrial machinery industry or those of similar companies.

• Honeywell International (HON.US): 35.01
• Danaher Corporation (DHR.US): 40.71

PEG ratio

3M Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.1353. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into 3M Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider 3M Company's PEG ratio in relation to those of similar companies.

• General Electric Company (GE.US): 10.57
• Honeywell International (HON.US): 2.43
• Danaher Corporation (DHR.US): 2.73

EBITDA

3M Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $9 billion (£6.5 billion).

The EBITDA is a measure of a 3M Company's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

• General Electric Company (GE.US): USD$5.7 billion
• Empresaria Group (EMR.LSE): £7.2 million
• Honeywell International (HON.US): USD$7.6 billion
• Danaher Corporation (DHR.US): USD$8 billion

How to short and sell 3M Company shares

1. Create a CFD or spread betting account.
2. Search for the stock code. E.g. "MMM.US"
3. Choose your position size.
4. Select "sell" rather than "buy".
5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 10.3 million 3M Company shares held short by investors – that's known as the "short interest". This figure is 3.3% up from 9.9 million last month.

There are a few different ways that this level of interest in shorting 3M Company shares can be evaluated.

Short interest ratio (SIR)

3M Company's "short interest ratio" (SIR) is the quantity of 3M Company shares currently shorted divided by the average quantity of 3M Company shares traded daily (recently around 2.4 million). 3M Company's SIR currently stands at 4.2. In other words for every 100,000 3M Company shares traded daily on the market, roughly 4200 shares are currently held short.

To gain some more context, you can compare 3M Company's short interest ratio against those of similar companies.

• General Electric Company (GE.US): 1.76
• Honeywell International (HON.US): 2.3
• Danaher Corporation (DHR.US): 1.97

However 3M Company's short interest can also be evaluated against the total number of 3M Company shares, or, against the total number of tradable 3M Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case 3M Company's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 3M Company shares in existence, roughly 20 shares are currently held short) or 0.0178% of the tradable shares (for every 100,000 tradable 3M Company shares, roughly 18 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against 3M Company.

Find out more about how you can short 3M Company stock.

Environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like 3M Company.

Total ESG risk score

3M Company's total ESG risk: 35.86

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and 3M Company's overall score of 35.86 (as at 12/31/2018) is pretty weak – landing it in it in the 76th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like 3M Company is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

To gain some more context, you can compare 3M Company's total ESG risk score against those of similar companies.

• General Electric Company (GE.US): 48.86
• Honeywell International (HON.US): 40.44
• Danaher Corporation (DHR.US): 32.72

Environmental score

3M Company's environmental score: 12.29/100

3M Company's environmental score of 12.29 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that 3M Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Social score

3M Company's social score: 16/100

3M Company's social score of 16 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that 3M Company is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Governance score

3M Company's governance score: 8.57/100

3M Company's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that 3M Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Controversy score

3M Company's controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, 3M Company scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that 3M Company hasn't always managed to keep its nose clean.

Wondering how that compares? Below are the controversy scores of similar companies.

• General Electric Company (GE.US): 3
• Honeywell International (HON.US): 3
• Danaher Corporation (DHR.US): 2

3M Company share dividends

Dividend payout ratio: 51.13% of net profits

Recently 3M Company has paid out, on average, around 51.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.97% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 2.97% return on their shares, in the form of dividend payments. In 3M Company's case, that would currently equate to about $5.88 per share.

3M Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

3M Company's most recent dividend payout was on 11 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 February 2021 (the "ex-dividend date").

3M Company's dividend payout ratio is perhaps best considered in relation to those of similar companies.

• General Electric Company (GE.US): 2.00%
• Empresaria Group (EMR.LSE): 0.00% (does not pay dividend)
• Honeywell International (HON.US): 54.19%
• Danaher Corporation (DHR.US): 9.66%

Have 3M Company's shares ever split?

3M Company's shares were split on a 2:1 basis on 29 September 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your 3M Company shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for 3M Company shares which in turn could have impacted 3M Company's share price.

Share price volatility

Over the last 12 months, 3M Company's shares have ranged in value from as little as $126.5151 up to $203.16. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while 3M Company's is 0.963. This would suggest that 3M Company's shares are less volatile than average (for this exchange).

To put 3M Company's beta into context you can compare it against those of similar companies.

• General Electric Company (GE.US): 1.0738
• Empresaria Group (EMR.LSE): 1.0819
• Honeywell International (HON.US): 1.1786
• Danaher Corporation (DHR.US): 0.6428

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Frequently asked questions

• What percentage of 3M Company is owned by insiders or institutions?

  Currently 0.12% of 3M Company shares are held by insiders and 67.364% by institutions.

• How many people work for 3M Company?

  Latest data suggests 95,000 work at 3M Company.

• When does the fiscal year end for 3M Company?

  3M Company's fiscal year ends in December.

• Where is 3M Company based?

  3M Company's address is: 3M Center, St. Paul, MN, United States, 55144-1000

• What is 3M Company's ISIN number?

  3M Company's international securities identification number is: US88579Y1010

• What is 3M Company's CUSIP number?

  3M Company's Committee on Uniform Securities Identification Procedures number is: 604059105