Cummins (CMI) Stock Price, News & Analysis

Company Overview

Cummins Inc. is a global power technology company founded in 1919 and headquartered in Columbus, Indiana. It designs, manufactures, distributes and services products used in commercial vehicles, industrial equipment, power generation and other applications.

The company’s offerings include diesel and natural gas engines, power generation systems, and components such as filtration, turbochargers and emissions-control systems. Through its Accelera business, Cummins also develops technologies including batteries, fuel cells and electrolyzers for lower-emission power and transportation.

Cummins serves customers in markets around the world through manufacturing operations, distribution networks and service locations. Jennifer Rumsey became the company’s president and chief executive officer in 2022.

Key Stats

• Today's Range: $448.50 to $459.81
• 50-Day Range: $446.37 to $564.61
• 52-Week Range: $443.62 to $737.76
• Volume: 2.17 million shs
• Average Volume: 1.13 million shs
• Market Capitalization: $62.02 billion
• P/E Ratio: 20.44
• Dividend Yield: 1.95%
• Price Target: $674.53
• Consensus Rating: Moderate Buy

Cummins Stock Analysis - MarketRank™

Cummins scored higher than 99% of companies evaluated by MarketBeat, and ranked 8th out of 654 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cummins has received a consensus rating of Moderate Buy. The company's average rating score is 2.72, and is based on no strong buy ratings, 13 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

Cummins has a consensus price target of $674.53, representing about 49.7% upside from its current price of $450.56.

Amount of Analyst Coverage

Cummins has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.14%

Earnings Growth

Earnings for Cummins are expected to grow by 17.14% in the coming year, from $29.98 to $35.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cummins is 20.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cummins is 20.44, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 31.51.

Price to Earnings Growth Ratio

Cummins has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cummins has a P/B Ratio of 4.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.27% of the float of Cummins has been sold short.

Short Interest Ratio / Days to Cover

Cummins has a short interest ratio ("days to cover") of 3.96, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cummins has recently increased by 8.16%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Cummins pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cummins has been increasing its dividend for 19 years.

Dividend Coverage

The dividend payout ratio of Cummins is 44.97%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cummins will have a dividend payout ratio of 25.06% next year. This indicates that Cummins will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.38

News Sentiment

Cummins has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Cummins this week, compared to 9 articles on an average week.

Search Interest

Only 13 people have searched for CMI on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

14 people have added Cummins to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cummins insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $399,410.00 in company stock.

Percentage Held by Insiders

0.30% of the stock of Cummins is held by insiders.

Percentage Held by Institutions

83.46% of the stock of Cummins is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/3 Dividend: 8/21/2026
• Ex-Dividend for 9/3 Dividend: 8/21/2026
• Dividend Payable: 9/03/2026
• Last Earnings: 11/05/2026
• Today: 11/07/2026
• Record date for 12/3 Dividend: 11/20/2026
• Ex-Dividend for 12/3 Dividend: 11/20/2026
• Dividend Payable: 12/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Construction Machinery & Heavy Transportation Equipment
• Current Symbol: NYSE:CMI
• CIK: 26172
• Web: www.cummins.com
• Phone: (812) 377-5000
• Fax: 812-377-3334
• Employees: 67,400
• Year Founded: 1919

Price Target and Rating

• Average Price Target for Cummins: $674.53
• High Price Target: $782.00
• Low Price Target: $520.00
• Potential Upside/Downside: +49.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.72
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $19.57
• Trailing P/E Ratio: 20.44
• Forward P/E Ratio: 12.83
• P/E Growth: 1.32
• Net Income: $2.84 billion
• Net Margins: 7.82%
• Pretax Margin: 11.09%
• Return on Equity: 25.29%
• Return on Assets: 9.88%

Debt

• Debt-to-Equity Ratio: 0.48
• Current Ratio: 1.73
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $33.67 billion
• Price / Sales: 1.84
• Cash Flow: $28.73 per share
• Price / Cash Flow: 15.68
• Book Value: $97.13 per share
• Price / Book: 4.64

Miscellaneous

• Outstanding Shares: 137,660,000
• Free Float: 137,251,000
• Market Cap: $62.02 billion
• Optionable: Optionable
• Beta: 1.26