Cummins (CMI) Expected to Post Quarterly Earnings on Thursday

Key Points

• Cummins is expected to report Q3 2026 results before market open on November 5. Analysts forecast earnings of $8.21 per share on $9.87 billion in revenue; the earnings call is scheduled for 10:00 a.m. ET.
• In the prior quarter, Cummins earned $6.73 per share, missing estimates, while revenue rose 9.4% year over year to $9.46 billion. Analysts project full-year and next-year EPS of $29.98 and $35.12, respectively.
• The stock recently traded at $529.59 and is down from its 52-week high of $737.76. Cummins pays a quarterly dividend of $2.20 per share, and analysts maintain a “Moderate Buy” consensus with an average price target of $694.24.

Cummins (NYSE:CMI - Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $8.21 per share and revenue of $9.87 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Cummins (NYSE:CMI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 EPS for the quarter, missing analysts' consensus estimates of $7.21 by ($0.48). Cummins had a net margin of 7.82% and a return on equity of 25.29%. The firm had revenue of $9.46 billion for the quarter, compared to analysts' expectations of $9.33 billion. During the same period in the prior year, the company earned $6.43 EPS. The firm's quarterly revenue was up 9.4% on a year-over-year basis. On average, analysts expect Cummins to post $29.98 EPS for the current fiscal year and $35.12 EPS for the next fiscal year.

Cummins Trading Down 0.2%

Shares of CMI opened at $529.59 on Thursday. The business has a 50-day moving average of $540.40 and a 200 day moving average of $602.50. Cummins has a fifty-two week low of $418.77 and a fifty-two week high of $737.76. The firm has a market cap of $72.90 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 1.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.13 and a current ratio of 1.73.

Cummins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Friday, November 20th will be issued a dividend of $2.20 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $8.80 annualized dividend and a yield of 1.7%. Cummins's dividend payout ratio is 44.97%.

Insider Activity at Cummins

In related news, VP Earl Newsome sold 698 shares of the business's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $572.22, for a total transaction of $399,409.56. Following the completion of the transaction, the vice president owned 4,479 shares of the company's stock, valued at approximately $2,562,973.38. The trade was a 13.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.30% of the company's stock.

Analyst Upgrades and Downgrades

CMI has been the subject of several recent research reports. Barclays reduced their target price on shares of Cummins from $760.00 to $675.00 and set an "overweight" rating for the company in a research note on Monday, October 19th. Weiss Ratings cut shares of Cummins from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday, August 31st. Zacks Research downgraded shares of Cummins from a "strong-buy" rating to a "hold" rating in a report on Monday, July 13th. CICC Research initiated coverage on shares of Cummins in a research note on Sunday, August 23rd. They issued an "outperform" rating and a $781.00 price objective for the company. Finally, Truist Financial reduced their price objective on shares of Cummins from $894.00 to $779.00 and set a "buy" rating for the company in a research note on Monday, October 5th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Cummins currently has a consensus rating of "Moderate Buy" and a consensus target price of $694.24.

Cummins Company Profile

Cummins Inc is a global power technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services engines and power systems for commercial vehicles, industrial equipment, mining, construction, agriculture, marine applications and other markets.

Cummins' product portfolio includes diesel and natural gas engines, generators and other power-generation equipment, as well as fuel systems, filtration products, emissions-control systems, turbochargers and drivetrain components.

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