Cummins Company Profile (NYSE:CMI)

About Cummins

Cummins logoCummins Inc. is a manufacturer of diesel engines. The Company operates through four segments: Engine, Distribution, Components and Power Generation. Its Engine segment manufactures and markets a range of diesel and natural gas-powered engines under the Cummins brand name, as well as certain customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle (RV), light-duty automotive, agricultural and governmental equipment markets. Its Distribution segment consists of various businesses, which service and/or distribute a range of its products and services, such as parts and filtration, power generation, engines and service. Its Components segment supplies products, including after treatment systems, turbochargers, filtration products and fuel systems for commercial diesel applications. The Power Generation segment provides power generation systems, components and services for a customer base, including power solutions and mobile power solutions.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Diversified Machinery
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Exchange: NYSE
  • Symbol: CMI
  • CUSIP: 23102110
Key Metrics:
  • Previous Close: $124.51
  • 50 Day Moving Average: $122.45
  • 200 Day Moving Average: $112.81
  • Trailing P/E Ratio: 17.05
  • Foreward P/E Ratio: 15.64
  • P/E Growth: 24.84
  • Market Cap: $20.92B
  • Outstanding Shares: 168,000,000
  • Beta: 1.51
Additional Links:
Companies Related to Cummins:

Analyst Ratings

Consensus Ratings for Cummins (NYSE:CMI) (?)
Ratings Breakdown: 3 Sell Ratings, 15 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $101.37 (18.59% downside)

Analysts' Ratings History for Cummins (NYSE:CMI)
Show:
DateFirmActionRatingPrice TargetDetails
8/3/2016Citigroup Inc.Boost Price TargetNeutral$115.00 -> $120.00View Rating Details
7/14/2016Standpoint ResearchDowngradeBuy -> HoldView Rating Details
7/7/2016Jefferies GroupReiterated RatingHold$115.00View Rating Details
5/4/2016Royal Bank Of CanadaReiterated RatingSector Perform$98.00 -> $112.00View Rating Details
5/3/2016Credit Suisse Group AGBoost Price TargetOutperform$125.00 -> $130.00View Rating Details
5/3/2016Avondale PartnersBoost Price TargetMarket Perform$80.00 -> $100.00View Rating Details
4/21/2016Piper Jaffray Cos.Boost Price TargetOverweight$114.00 -> $132.00View Rating Details
4/21/2016Robert W. BairdDowngradeNeutral -> Underperform$96.00 -> $110.00View Rating Details
4/18/2016Bank of America Corp.UpgradeUnderperform -> Neutral$96.00 -> $122.00View Rating Details
4/14/2016Barclays PLCReiterated RatingSellView Rating Details
4/11/2016MacquarieDowngradeOutperform -> NeutralView Rating Details
4/6/2016Buckingham ResearchDowngradeBuy -> Neutral$100.00 -> $95.00View Rating Details
3/28/2016Goldman Sachs Group Inc.Boost Price Target$94.00 -> $115.00View Rating Details
2/8/2016William BlairReiterated RatingMarket Perform$95.00View Rating Details
2/5/2016SusquehannaLower Price TargetNeutral$91.00 -> $88.00View Rating Details
2/5/2016Deutsche Bank AGBoost Price TargetHold$87.00 -> $93.00View Rating Details
1/25/2016Longbow ResearchReiterated RatingNeutralView Rating Details
12/3/2015Cleveland ResearchReiterated RatingNeutralView Rating Details
10/30/2015BMO Capital MarketsLower Price TargetHold$110.00 -> $92.00View Rating Details
10/28/2015ArgusLower Price TargetBuy$135.00 -> $120.00View Rating Details
10/28/2015Morgan StanleyDowngradeEqual Weight -> Underweight$112.00 -> $79.00View Rating Details
10/9/2015JPMorgan Chase & Co.Lower Price Target$131.00 -> $110.00View Rating Details
9/28/2015BB&T Corp.DowngradeBuy -> Hold$10.35View Rating Details
8/4/2015Evercore Partners Inc.Reiterated RatingBuy -> HoldView Rating Details
8/4/2015Evercore ISIDowngradeBuy -> Hold$148.00 -> $135.00View Rating Details
7/28/2015S&P Equity ResearchReiterated RatingBuy$180.00View Rating Details
4/16/2015Wolfe ResearchDowngradeMarket Perform -> UnderperformView Rating Details
4/15/2015Stifel NicolausDowngradeBuy -> Hold$157.00View Rating Details
2/9/2015Atlantic SecuritiesDowngradeOverweight -> NeutralView Rating Details
1/27/2015First GlobalDowngradeOutperform -> Market PerformView Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Cummins (NYSE:CMI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
8/2/2016Q216$2.15$2.40$4.50 billion$4.50 billionViewListenView Earnings Details
5/3/2016Q116$1.78$1.87$4.30 billion$4.30 billionViewListenView Earnings Details
2/4/2016Q415$2.11$2.02$4.69 billion$4.80 billionViewListenView Earnings Details
10/27/2015Q315$2.60$2.14$4.91 billion$4.62 billionViewListenView Earnings Details
7/28/2015Q215$2.55$2.62$4.94 billion$5.00 billionViewListenView Earnings Details
4/28/2015Q115$2.12$2.14$4.54 billion$4.70 billionViewListenView Earnings Details
2/5/2015Q4$2.50$2.56$5.04 billion$5.10 billionViewListenView Earnings Details
10/27/2014Q314$2.28$2.32$4.72 billion$4.89 billionViewListenView Earnings Details
7/28/2014Q214$2.38$2.43$4.83 billion$4.80 billionViewListenView Earnings Details
4/29/2014Q114$1.68$1.83$4.17 billion$4.40 billionViewListenView Earnings Details
2/6/2014Q413$1.98$2.32$4.21 billion$4.60 billionViewListenView Earnings Details
10/29/2013Q313$2.11$1.90$4.38 billion$4.30 billionViewListenView Earnings Details
7/30/2013Q2 2013$1.99$2.20$4.26 billion$4.50 billionViewListenView Earnings Details
4/30/2013Q1 2013$1.86$1.49$3.97 billion$3.92 billionViewListenView Earnings Details
2/6/2013Q4 2012$1.75$2.00$4.04 billion$4.30 billionViewListenView Earnings Details
10/31/2012Q312$1.86$1.86$4.15 billion$4.10 billionViewN/AView Earnings Details
7/31/2012$2.27$2.45ViewN/AView Earnings Details
5/1/2012$2.20$2.38ViewN/AView Earnings Details
2/2/2012$2.27$2.56ViewN/AView Earnings Details
10/25/2011$2.24$2.35ViewN/AView Earnings Details
7/26/2011$2.00$2.41ViewN/AView Earnings Details
4/26/2011$1.44$1.75ViewN/AView Earnings Details
2/1/2011$1.72$1.84ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cummins (NYSE:CMI)
Current Year EPS Consensus Estimate: $8.14 EPS
Next Year EPS Consensus Estimate: $7.96 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$1.71$1.91$1.85
Q2 20165$1.94$2.25$2.14
Q3 20164$1.82$1.99$1.93
Q4 20164$1.75$2.07$1.95
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cummins (NYSE:CMI)
Annual Dividend:$4.10
Dividend Yield:3.29%
Payout Ratio:55.93% (Based on Trailing 12 Months of Earnings)
50.37% (Based on Current Year Consensus EPS Estimate)
51.51% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:24.90% (3 Year Average)

Dividend History for Cummins (NYSE:CMI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/12/2016quarterly$0.983.47%8/18/20168/22/20169/1/2016
5/10/2016quarterly$0.983.4%5/18/20165/20/20166/1/2016
2/9/2016quarterly$0.984.05%2/17/20162/19/20163/1/2016
10/13/2015quarterly$0.983.57%11/18/201511/20/201512/1/2015
7/14/2015quarterly$0.983%8/19/20158/21/20159/1/2015
5/12/2015quarterly$0.782.19%5/19/20155/21/20156/1/2015
5/1/2015Quarterly$0.014.63%5/1/20155/21/20155/21/2015
2/8/2015quarterly$0.782.31%2/13/20152/18/20153/2/2015
10/14/2014quarterly$0.782.43%11/18/201411/20/201412/1/2014
7/8/2014quarterly$0.782.02%8/20/20148/22/20149/2/2014
5/13/2014quarterly$0.631.65%5/21/20145/23/20146/2/2014
2/11/2014quarterly$0.631.8%2/19/20142/21/20143/3/2014
10/15/2013quarterly$0.631.88%11/19/201311/21/201312/2/2013
7/9/2013quarterly$0.632.2%8/20/20138/22/20139/3/2013
5/14/2013quarterly$0.501.74%5/22/20135/24/20136/3/2013
2/12/2013quarterly$0.501.68%2/20/20132/22/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Cummins (NYSE:CMI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/12/2016Pat WardCFOSell5,000$127.50$637,500.00View SEC Filing  
8/11/2016Thaddeus B. EwaldVPSell820$126.95$104,099.00View SEC Filing  
8/8/2016Marsha L HuntVPSell500$126.26$63,130.00View SEC Filing  
8/5/2016Jill E CookInsiderSell5,980$125.05$747,799.00View SEC Filing  
8/5/2016Richard Joseph FreelandCOOSell2,500$125.00$312,500.00View SEC Filing  
7/27/2016Pat WardCFOSell5,000$122.50$612,500.00View SEC Filing  
7/26/2016Jill E CookInsiderSell5,981$120.20$718,916.20View SEC Filing  
5/26/2016Alexis M HermanDirectorSell1,086$113.67$123,445.62View SEC Filing  
5/25/2016Anant TalaulicarVPSell5,100$111.54$568,854.00View SEC Filing  
5/18/2016Srikanth PadmanabhanInsiderSell1,463$112.56$164,675.28View SEC Filing  
5/17/2016Marya M RoseCAOSell850$115.82$98,447.00View SEC Filing  
5/12/2016Marya M RoseCAOSell850$114.55$97,367.50View SEC Filing  
4/18/2016Pat WardCFOSell5,000$116.46$582,300.00View SEC Filing  
2/11/2016Marsha L HuntVPSell300$95.36$28,608.00View SEC Filing  
11/30/2015Leslie KleinDirectorBuy5,000$0.98$4,900.00
11/27/2015Leslie KleinDirectorBuy9,000$0.99$8,910.00
11/26/2015Leslie KleinDirectorBuy5,000$0.99$4,950.00
11/25/2015Leslie KleinDirectorBuy5,000$0.99$4,950.00
11/24/2015Leslie KleinDirectorBuy5,000$0.99$4,950.00
11/16/2015Leo Allen Bruno V DiDirectorBuy1,500$99.52$149,280.00View SEC Filing  
8/26/2015Leslie KleinDirectorBuy1,000$0.97$970.00
8/24/2015Leslie KleinDirectorBuy15,000$0.95$14,250.00
5/6/2015John C WallVPSell10,000$138.99$1,389,900.00View SEC Filing  
5/6/2015Ronald A LeslieDirectorSell1,700$1.12$1,904.00
5/4/2015Ronald A LeslieDirectorSell14,000$1.10$15,400.00
4/30/2015Eliahu Tzion FathiDirectorSell5,700$1.12$6,384.00
4/24/2015Eliahu Tzion FathiDirectorSell4,200$1.12$4,704.00
11/21/2014Alexis M HermanDirectorSell1,011$148.04$149,668.44View SEC Filing  
6/9/2014Norman Thomas LinebargerCEOSell10,647$160.00$1,703,520.00View SEC Filing  
5/19/2014Pamela CarterInsiderSell4,578$150.68$689,813.04View SEC Filing  
5/16/2014Richard HarrisVPSell3,540$147.84$523,353.60View SEC Filing  
5/15/2014Alexis HermanDirectorSell2,908$151.50$440,562.00View SEC Filing  
5/2/2014Marsha HuntVPSell2,520$151.33$381,351.60View SEC Filing  
5/2/2014Marya RoseCAOSell5,350$150.67$806,084.50View SEC Filing  
4/29/2014Norman Thomas LinebargerCEOSell10,647$151.80$1,616,214.60View SEC Filing  
4/29/2014Richard Joseph FreelandInsiderSell5,000$151.80$759,000.00View SEC Filing  
2/24/2014Steven ChapmanVPSell4,500$145.00$652,500.00View SEC Filing  
2/18/2014John WallVPSell5,500$142.61$784,355.00View SEC Filing  
2/12/2014Pamela CarterInsiderSell10,000$136.61$1,366,100.00View SEC Filing  
12/26/2013Richard Joseph FreelandInsiderSell5,000$140.00$700,000.00View SEC Filing  
9/16/2013Pat WardCFOSell4,410$136.24$600,818.40View SEC Filing  
9/10/2013Norman Thomas LinebargerCEOSell20,000$130.03$2,600,600.00View SEC Filing  
9/10/2013Richard Joseph FreelandInsiderSell5,000$130.03$650,150.00View SEC Filing  
9/10/2013Steven M ChapmanVPSell4,500$130.03$585,135.00View SEC Filing  
9/9/2013Pat WardCFOSell4,000$129.95$519,800.00View SEC Filing  
8/26/2013Anant TalaulicarVPSell9,630$124.79$1,201,727.70View SEC Filing  
8/12/2013Pat WardCFOSell4,000$124.95$499,800.00View SEC Filing  
5/24/2013Steven M ChapmanVPSell9,930$116.03$1,152,177.90View SEC Filing  
5/22/2013Marya M RoseCAOSell4,000$118.57$474,280.00View SEC Filing  
8/21/2012John C WallVPSell4,500$104.30$469,350.00View SEC Filing  
8/20/2012Franklin R ChangdiazDirectorSell1,784$102.49$182,842.16View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Cummins (NYSE:CMI)
DateHeadline
News IconCummins Inc. (NYSE:CMI) topped earnings-per-share estimates 58.% of the time - The Independent Republic (NYSE:CMI)
theindependentrepublic.com - August 26 at 4:13 PM
News IconA look at a High Market Cap Stock: Cummins Inc., CMI - The Daily Leicester (NYSE:CMI)
thedailyleicester.com - August 25 at 9:39 PM
News IconCummins Inc. (NYSE:CMI) from Diversified Machinery – Todays Top Gains (NYSE:CMI)
twincountynews.com - August 25 at 9:11 AM
News IconCummins unveils next-generation 15-liter engine for emergency vehicles at fire-rescue international 2016 (NYSE:CMI)
www.firerescue1.com - August 23 at 9:31 PM
News IconCummins Inc. (NYSE:CMI) Analyst Estimates - The Independent Republic (NYSE:CMI)
theindependentrepublic.com - August 23 at 4:26 PM
capitalcube.com logoETF’s with exposure to Cummins, Inc. : August 23, 2016 (NYSE:CMI)
www.capitalcube.com - August 23 at 4:25 PM
capitalcube.com logoETF’s with exposure to Cummins, Inc. : August 23, 2016 (NYSE:CMI)
www.capitalcube.com - August 23 at 4:25 PM
News IconAnalysts Valuations For Two Stocks: Cummins Inc. (NYSE:CMI), Digital Realty Trust, Inc. (NYSE:DLR) - The Voice Registrar (NYSE:CMI)
voiceregistrar.com - August 23 at 8:30 AM
News IconToday's Top Gainers in the Market Cummins Inc. (NYSE:CMI) from Industrial Goods - The Daily Leicester (NYSE:CMI)
thedailyleicester.com - August 23 at 8:30 AM
News IconStock Trading Above Moving Averages: Cummins Inc. (NYSE:CMI) - Post News (NYSE:CMI)
www.kentuckypostnews.com - August 22 at 4:24 PM
News IconCummins Inc.'s (CMI): Stock's Traders Alert - Hot Stocks Point - Hot Stocks Point (NYSE:CMI)
www.hotstockspoint.com - August 22 at 4:24 PM
News IconCummins Unveils Next Generation of Engines for Emergency Vehicles (NYSE:CMI)
www.firehouse.com - August 20 at 4:20 PM
News IconCummins Unveils Next-Generation 15-Liter Engine for Emergency Vehicles at FRI (NYSE:CMI)
www.fireengineering.com - August 19 at 8:24 PM
News IconDiversified Machinery: Cummins Inc. (NYSE:CMI) Position of the day (NYSE:CMI)
twincountynews.com - August 19 at 8:24 PM
News IconAnalysts Valuations For Two Stocks: Cummins Inc. (NYSE:CMI), Monsanto Company (NYSE:MON) - The Voice Registrar (NYSE:CMI)
voiceregistrar.com - August 19 at 3:22 PM
marketrealist.com logoAllison Transmission: New Fuel and Greenhouse Gas Standards (NYSE:CMI)
marketrealist.com - August 19 at 3:22 PM
finance.yahoo.com logoBulls betting Cummins has more gas in tank (NYSE:CMI)
finance.yahoo.com - August 19 at 11:35 AM
nasdaq.com logoCummins Inc. (CMI) Ex-Dividend Date Scheduled for August 18, 2016 - Nasdaq (NYSE:CMI)
www.nasdaq.com - August 18 at 9:33 PM
News IconAnalysts Valuations For Two Stocks: Cummins Inc. (NYSE:CMI), Cabot Oil & Gas Corporation (NYSE:COG) - The Voice Registrar (NYSE:CMI)
voiceregistrar.com - August 18 at 4:18 PM
News IconIs Cummins Inc.(NYSE: CMI), a large market cap stock a smart buy? - The Daily Leicester (NYSE:CMI)
thedailyleicester.com - August 17 at 4:28 PM
realistinvestor.com logoCummins Inc. (NYSE:CMI) Reports Accounts Payable Of $1825 - RealistInvestor.com (NYSE:CMI)
www.realistinvestor.com - August 17 at 4:28 PM
News IconAnalysts Valuations For Two Stocks: Cummins Inc. (NYSE:CMI), Intuit Inc. (NASDAQ:INTU) - The Voice Registrar (NYSE:CMI)
voiceregistrar.com - August 17 at 4:28 PM
publicnow.com logoNew Flyer Expands Clear Air Propulsion Leadership with the Cummins Westport ISL G Near Zero Emissions Engine (NYSE:CMI)
www.publicnow.com - August 17 at 4:28 PM
News IconTop Gainers of the Day: Cummins Inc. (NYSE:CMI) from Diversified Machinery (NYSE:CMI)
twincountynews.com - August 17 at 10:58 AM
streetinsider.com logoCummins (CMI) Says It's Well-Positioned to Comply with New Rule Following EPA, NHTSA Announcement (NYSE:CMI)
www.streetinsider.com - August 17 at 10:58 AM
forbes.com logoEx-Dividend Reminder: Dean Foods, Cummins and Dunkin' Brands Group (NYSE:CMI)
www.forbes.com - August 16 at 4:21 PM
finance.yahoo.com logoU.S. regulators to unveil final rule on truck emissions limits (NYSE:CMI)
finance.yahoo.com - August 16 at 4:21 PM
finance.yahoo.com logoUS regulators to unveil final rule on truck emissions limits-source (NYSE:CMI)
finance.yahoo.com - August 16 at 4:21 PM
finance.yahoo.com logoCummins Ready to Deliver Fuel Savings and Greenhouse Gas Reductions as New National Rule is Announced (NYSE:CMI)
finance.yahoo.com - August 16 at 4:21 PM
investornewswire.com logoCummins Inc. (NYSE:CMI) Records An Estimated Annual Sales ... - Investor Newswire (NYSE:CMI)
www.investornewswire.com - August 15 at 4:27 PM
istreetwire.com logoStocks in Focus: Cummins Inc. (CMI), Apollo Commercial Real Estate Finance, Inc. (ARI), Chubb Limited (CB) - iStreetWire (NYSE:CMI)
istreetwire.com - August 13 at 11:17 AM
News IconUpdate on Cummins Inc. (NYSE:CMI) for the day - Twin County News (NYSE:CMI)
twincountynews.com - August 13 at 11:17 AM
publicnow.com logoCummins launches the new 250 kVA generator set based on the L9 (8.9 litres) engine platform (NYSE:CMI)
www.publicnow.com - August 12 at 11:18 AM
News IconTrucking Championships Shine Spotlight on Shortage (NYSE:CMI)
www.insideindianabusiness.com - August 11 at 11:24 AM
publicnow.com logoClean Energy Selected as Preferred Vendor for Cummins Facility Modifications; Opens Multiple Stations and Extends Long-Term Contracts (NYSE:CMI)
www.publicnow.com - August 11 at 11:24 AM
finance.yahoo.com logoCummins and ATA Celebrate the Truck Driving Championships in Indianapolis and Emphasize that Addressing Driver Shortage is Critical to the U.S. Economy (NYSE:CMI)
finance.yahoo.com - August 10 at 4:20 PM
fortune.com logoAnalyst Ratings Worth Watching: Cummins Inc. (NYSE:CMI), Plug Power Inc (NASDAQ:PLUG) - Review Fortune (NYSE:CMI)
reviewfortune.com - August 10 at 5:04 AM
streetupdates.com logoAnalysts Observable Stocks: Eaton Corporation, PLC (NYSE:ETN) , Cummins Inc. (NYSE:CMI) - Street Updates (NYSE:CMI)
www.streetupdates.com - August 9 at 11:27 AM
News IconIs Cummins Inc. (NYSE:CMI), a large market cap stock a smart buy? (NYSE:CMI)
twincountynews.com - August 8 at 9:42 PM
investornewswire.com logoCummins Inc. (NYSE:CMI) Yearly Sales Target At $18139.333 - Investor Newswire (NYSE:CMI)
www.investornewswire.com - August 8 at 9:04 AM
finance.yahoo.com logoCUMMINS INC Financials (NYSE:CMI)
finance.yahoo.com - August 6 at 4:43 PM
News IconLeading stocks in today’s market: Cummins Inc. (NYSE:CMI) (NYSE:CMI)
twincountynews.com - August 5 at 9:37 PM
seekingalpha.com logoIf I Had A Million Dollars: A Case Study In Portfolio Management (NYSE:CMI)
seekingalpha.com - August 5 at 4:18 PM
stocksdaily.net logoCummins Inc. (NYSE:CMI) Quarterly Dividend At $-333 Millions - Stocks Daily (NYSE:CMI)
www.stocksdaily.net - August 5 at 4:18 PM
News IconUpdate on Cummins Inc. (NYSE:CMI) for the day (NYSE:CMI)
twincountynews.com - August 5 at 12:04 PM
News IconCummins (CMI) Continues To Fall; Investors’ Returns Are Still Safe (NYSE:CMI)
www.economiccalendar.com - August 5 at 12:04 PM
seekingalpha.com logoCummins Can Deliver Strong Engineered Income Returns Using Dividend-Call Arbitrage (NYSE:CMI)
seekingalpha.com - August 4 at 4:28 PM
capitalcube.com logoETF’s with exposure to Cummins, Inc. : August 4, 2016 (NYSE:CMI)
www.capitalcube.com - August 4 at 4:28 PM
News IconHow has Cummins Inc.:(NYSE:CMI) performed recently? - The Daily Leicester (NYSE:CMI)
thedailyleicester.com - August 4 at 11:33 AM
realistinvestor.com logoCummins Inc. (NYSE:CMI) Quarterly Accounts Payable At $1809 Millions - RealistInvestor.com (NYSE:CMI)
www.realistinvestor.com - August 4 at 11:33 AM

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Cummins (NYSE:CMI) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff