How to buy 3M Company (MMM) shares in the UK

Learn how to easily invest in 3M Company shares.

3M Company
NYSE: MMM - USD
SPECIALTY INDUSTRIAL MACHINERY
$178.55
- $3.61 ( - 1.98%)

3M Company (MMM) is a leading specialty industrial machinery business based in the US. It opened the day at $180.69 after a previous close of $181.95. During the day the price has varied from a low of $180.68 to a high of $183. The latest price was $181.94 (25 minute delay). 3M Company is listed on the NYSE and employs 95,000 staff. All prices are listed in US Dollars.

How to buy shares in 3M Company

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: MMM in this case.
  5. Research 3M Company shares. The platform should provide the latest information available.
  6. Buy your 3M Company shares. It's that simple.
The whole process can take as little as 15 minutes.

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 $182.16, which is 13.85% up on its pre-crash value of $156.93 and 59.73% 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 $1,164.00.

3M Company share price (NYSE:MMM)

Use our graph to track the performance of MMM stocks over time.

3M Company shares at a glance

Information last updated 2021-10-15.
Open$180.69
High$183
Low$180.68
Close$181.94
Previous close$181.95
Change$-0.01
Change %-0.0055%
Volume2,113,621
Information last updated 2021-10-23.
52-week range$151.2498 - $205.8522
50-day moving average$181.086
200-day moving average$194.6994
Wall St. target price$193.46
PE ratio17.8797
Dividend yield$5.9 (3.24%)
Earnings per share (TTM)$10.112
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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
Freetrade logo £0 No minimum £2.98
£665.06 total
Capital at risk
eToro Free Stocks logo £0 $50 £3.31
£665.39 total
Capital at risk
Fineco logo £0 No minimum £6.62
£668.70 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.10
£663.18 total
Capital at risk
Stake logo £0 £50 £3.32
£665.40 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £18.59
£680.67 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £17.94
£680.02 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £17.79
£679.87 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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 18x. In other words, 3M Company shares trade at around 18x 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.

PEG ratio

3M Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.909. 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.

EBITDA

3M Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $10.1 billion (£7.3 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.

Financials

Revenue TTM $34.7 billion
Operating margin TTM 23.5%
Gross profit TTM $15.7 billion
Return on assets TTM 10.93%
Return on equity TTM 46.61%
Profit margin 17.04%
Book value $24.969
Market capitalisation $104.6 billion

TTM: trailing 12 months

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 10.8 million 3M Company shares held short by investors – that's known as the "short interest". This figure is 1.3% up from 10.6 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 3.1 million). 3M Company's SIR currently stands at 3.47. In other words for every 100,000 3M Company shares traded daily on the market, roughly 3470 shares are currently held short.

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

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 0.0187% of the tradable shares (for every 100,000 tradable 3M Company shares, roughly 19 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 01/01/2019) 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.

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.

Environmental, social, and governance (ESG) summary

3M Company was last rated for ESG on: 2019-01-01.

Total ESG score 35.86
Total ESG percentile 75.92
Environmental score 12.29
Environmental score percentile 4
Social score 16
Social score percentile 4
Governance score 8.57
Governance score percentile 4
Level of controversy 3

3M Company share dividends

3.2%

Dividend yield: 3.24% of stock value

3.3%

Forward annual dividend yield: 3.27% of stock value

58.1%

Dividend payout ratio: 58.11% of net profits

3M Company has recently paid out dividends equivalent to 3.24% of its share value annually.

3M Company has paid out, on average, around 58.11% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.27% 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 3.27% return on their shares, in the form of dividend payments. In 3M Company's case, that would currently equate to about $5.9 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 12 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 20 August 2021 (the "ex-dividend date").

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

Have 3M Company's shares ever split?

3M Company's shares were split on a 2:1 basis on 30 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 $151.2498 up to $205.8522. A popular way to gauge a stock's volatility is its "beta".

MMM.US volatility(beta: 0.98)Avg. volatility(beta: 1.00)LowHigh

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 0.9762. 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.

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