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NYSE:CMI - Cummins Stock Price, Forecast & News

$173.80
-1.46 (-0.83 %)
(As of 01/19/2020 04:00 PM ET)
Today's Range
$172.98
Now: $173.80
$177.29
50-Day Range
$171.43
MA: $178.80
$184.77
52-Week Range
$140.88
Now: $173.80
$186.73
Volume2.18 million shs
Average Volume911,579 shs
Market Capitalization$26.63 billion
P/E Ratio10.82
Dividend Yield2.99%
Beta1.14
Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. It operates through four segments: Engine, Distribution, Components, and Power Systems segments. The Engine segment manufactures and markets a range of diesel and natural gas powered engines under the Cummins and other customer brands for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. Read More…

Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
CUSIP23102110
Phone812-377-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.77 billion
Cash Flow$17.07 per share
Book Value$51.44 per share

Profitability

Net Income$2.14 billion

Miscellaneous

Employees62,610
Market Cap$26.63 billion
Next Earnings Date2/4/2020 (Confirmed)
OptionableOptionable

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Cummins (NYSE:CMI) Frequently Asked Questions

What is Cummins' stock symbol?

Cummins trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMI."

How often does Cummins pay dividends? What is the dividend yield for Cummins?

Cummins announced a quarterly dividend on Monday, October 7th. Shareholders of record on Thursday, November 14th will be given a dividend of $1.311 per share on Monday, December 2nd. This represents a $5.24 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date is Wednesday, November 13th. View Cummins' Dividend History.

How will Cummins' stock buyback program work?

Cummins announced that its Board of Directors has authorized a share buyback plan on Tuesday, December 10th 2019, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) announced its quarterly earnings data on Tuesday, October, 29th. The company reported $3.83 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $3.84 by $0.01. The company had revenue of $5.77 billion for the quarter, compared to the consensus estimate of $5.87 billion. Cummins had a return on equity of 28.52% and a net margin of 10.53%. The firm's revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.05 EPS. View Cummins' Earnings History.

When is Cummins' next earnings date?

Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Cummins.

How can I listen to Cummins' earnings call?

Cummins will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CMI?

21 equities research analysts have issued 1-year price targets for Cummins' shares. Their forecasts range from $145.00 to $207.00. On average, they expect Cummins' share price to reach $178.02 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Cummins.

What is the consensus analysts' recommendation for Cummins?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 2 sell ratings, 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cummins.

Has Cummins been receiving favorable news coverage?

Media headlines about CMI stock have trended negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cummins earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Cummins.

Who are some of Cummins' key competitors?

What other stocks do shareholders of Cummins own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cummins investors own include Caterpillar (CAT), Johnson & Johnson (JNJ), NVIDIA (NVDA), Alibaba Group (BABA), Gilead Sciences (GILD), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), Walt Disney (DIS) and General Electric (GE).

Who are Cummins' key executives?

Cummins' management team includes the folowing people:
  • Mr. N. Thomas Linebarger, Chairman & CEO (Age 56)
  • Mr. Richard J. Freeland, Pres, COO & Director (Age 62)
  • Mr. Patrick J. Ward, VP & CFO (Age 55)
  • Ms. Marya M. Rose, VP & Chief Admin. Officer (Age 56)
  • Mr. Livingston L. Satterthwaite, VP & Pres of Distribution Bus. (Age 58)

Who are Cummins' major shareholders?

Cummins' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.19%), Johanson Financial Advisors Inc. (0.14%), Donaldson Capital Management LLC (0.14%), Hexavest Inc. (0.13%), Hamlin Capital Management LLC (0.10%) and Boston Trust Walden Corp (0.09%). Company insiders that own Cummins stock include Alexis M Herman, Franklin R Changdiaz, Jill E Cook, Mark Andrew Smith, Marya M Rose, Norman Thomas Linebarger, Pat Ward, Richard Joseph Freeland, Srikanth Padmanabhan, Tony Satterthwaite and Tracy A Embree. View Institutional Ownership Trends for Cummins.

Which institutional investors are selling Cummins stock?

CMI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Bowling Portfolio Management LLC, Kessler Investment Group LLC, Gateway Investment Advisers LLC, United Services Automobile Association, Nisa Investment Advisors LLC, Verity & Verity LLC and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman, Srikanth Padmanabhan and Tracy A Embree. View Insider Buying and Selling for Cummins.

Which institutional investors are buying Cummins stock?

CMI stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Boston Trust Walden Corp, Sciencast Management LP, Hexavest Inc., Winmill & CO. Inc., Donaldson Capital Management LLC, Clear Street Markets LLC and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Cummins.

How do I buy shares of Cummins?

Shares of CMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cummins' stock price today?

One share of CMI stock can currently be purchased for approximately $173.80.

How big of a company is Cummins?

Cummins has a market capitalization of $26.63 billion and generates $23.77 billion in revenue each year. The company earns $2.14 billion in net income (profit) each year or $13.23 on an earnings per share basis. Cummins employs 62,610 workers across the globe.View Additional Information About Cummins.

What is Cummins' official website?

The official website for Cummins is http://www.cummins.com/.

How can I contact Cummins?

Cummins' mailing address is 500 JACKSON ST BOX 3005, COLUMBUS IN, 47202. The company can be reached via phone at 812-377-5000 or via email at [email protected]


MarketBeat Community Rating for Cummins (NYSE CMI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  698 (Vote Outperform)
Underperform Votes:  737 (Vote Underperform)
Total Votes:  1,435
MarketBeat's community ratings are surveys of what our community members think about Cummins and other stocks. Vote "Outperform" if you believe CMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/19/2020 by MarketBeat.com Staff

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