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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:CMI

Cummins Stock Forecast, Price & News

$237.24
-4.09 (-1.69 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$233.28
Now: $237.24
$239.31
50-Day Range
$216.41
MA: $226.61
$242.03
52-Week Range
$101.03
Now: $237.24
$244.67
Volume1.82 million shs
Average Volume819,483 shs
Market Capitalization$35.11 billion
P/E Ratio22.38
Dividend Yield2.24%
Beta1.09
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, products worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company manufactures and markets 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; and offers new parts and services, as well as remanufactured parts and engines. It distributes parts, engines, and power generation products; and provides service solutions, such as engineering services, custom-designed assemblies, and repair services. The company offers emission solutions; and turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets, as well as provides air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and fuel systems for heavy-duty on-highway diesel engine applications and remanufactures fuel systems. It also provides standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and provides electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. The company offers electric and hybrid powertrains related components including filtration, after treatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and hydrogen generation products. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Cummins logo

MarketRank

Overall MarketRank

2.69 out of 5 stars

Auto/Tires/Trucks Sector

1st out of 128 stocks

Engines & Turbines Industry

1st out of 15 stocks

Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP23102110
Phone812-377-5000
Employees61,615

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.57 billion
Cash Flow$19.43 per share
Book Value$55.25 per share

Profitability

Net Income$2.26 billion

Miscellaneous

Market Cap$35.11 billion
Next Earnings Date2/4/2021 (Confirmed)
OptionableOptionable
$237.24
-4.09 (-1.69 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cummins (NYSE:CMI) Frequently Asked Questions

How has Cummins' stock been impacted by Coronavirus?

Cummins' stock was trading at $141.07 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CMI shares have increased by 68.2% and is now trading at $237.24.
View which stocks have been most impacted by COVID-19
.

Is Cummins a buy right now?

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last twelve months. There are currently 1 sell rating, 15 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cummins stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMI, but not buy additional shares or sell existing shares.
View analyst ratings for Cummins
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cummins?

Wall Street analysts have given Cummins a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cummins wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Cummins' next earnings date?

Cummins is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Cummins
.

How can I listen to Cummins' earnings call?

Cummins will be holding an earnings conference call on Thursday, 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.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) posted its quarterly earnings data on Sunday, November, 1st. The company reported $3.57 EPS for the quarter, beating analysts' consensus estimates of $2.41 by $1.16. The company had revenue of $5.12 billion for the quarter, compared to analyst estimates of $4.50 billion. Cummins had a return on equity of 20.30% and a net margin of 8.12%. Cummins's revenue was down 11.3% compared to the same quarter last year. During the same period in the prior year, the company posted $3.83 earnings per share.
View Cummins' earnings history
.

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

Cummins announced a quarterly dividend on Tuesday, October 13th. Stockholders of record on Friday, November 20th will be paid a dividend of $1.35 per share on Thursday, December 3rd. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Thursday, November 19th. This is an increase from Cummins's previous quarterly dividend of $1.31.
View Cummins' dividend history
.

Is Cummins a good dividend stock?

Cummins pays an annual dividend of $5.40 per share and currently has a dividend yield of 2.24%. Cummins has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cummins is 35.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cummins will have a dividend payout ratio of 39.85% next year. This indicates that Cummins will be able to sustain or increase its dividend.
View Cummins' dividend history.

How will Cummins' stock buyback program work?

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

What price target have analysts set for CMI?

22 equities research analysts have issued 12-month price objectives for Cummins' shares. Their forecasts range from $150.00 to $273.00. On average, they expect Cummins' share price to reach $214.80 in the next year. This suggests that the stock has a possible downside of 9.5%.
View analysts' price targets for Cummins
or view Wall Street analyst' top-rated stocks.

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 Johnson & Johnson (JNJ), Caterpillar (CAT), NVIDIA (NVDA), Cisco Systems (CSCO), Verizon Communications (VZ), AT&T (T), Intel (INTC), Pfizer (PFE), The Home Depot (HD) and The Walt Disney (DIS).

Who are Cummins' key executives?

Cummins' management team includes the following people:
  • Mr. N. Thomas Linebarger, Chairman & CEO (Age 57, Pay $9.41M)
  • Mr. Livingston L. Satterthwaite, Pres & COO (Age 59, Pay $2.18M)
  • Mr. Mark A. Smith, CFO & VP (Age 52, Pay $1.52M)
  • Ms. Marya M. Rose, VP & Chief Admin. Officer (Age 57, Pay $2.13M)
  • Ms. Tracy A. Embree, VP & Pres of Distribution Bus. Segment (Age 46, Pay $2.07M)
  • Mr. Walter Jim Fier, VP & CTO (Age 55)
  • Ms. Sherry A. Aaholm, VP & Chief Information Officer (Age 57)
  • James Hopkins, Exec. Director of Investor Relations
  • Ms. Sharon R. Barner, VP, Gen. Counsel & Corp. Sec. (Age 62)
  • Mr. Mark J. Sifferlen, VP of Ethics & Compliance and Sec.

What is Cummins' stock symbol?

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

Who are Cummins' major shareholders?

Cummins' stock is owned by many different retail and institutional investors. Top institutional investors include Atalanta Sosnoff Capital LLC (0.23%), Donaldson Capital Management LLC (0.14%), Boston Trust Walden Corp (0.09%), Gateway Investment Advisers LLC (0.06%), Wedge Capital Management L L P NC (0.05%) and Crossmark Global Holdings Inc. (0.04%). Company insiders that own Cummins stock include Alexis M Herman, Mark J Osowick, Norman Thomas Linebarger, Richard Joseph Freeland, Srikanth Padmanabhan, Tony Satterthwaite and Tracy A Embree.
View institutional ownership trends for Cummins
.

Which major investors are selling Cummins stock?

CMI stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Gateway Investment Advisers LLC, Atalanta Sosnoff Capital LLC, CX Institutional, Crossmark Global Holdings Inc., Beacon Financial Group, Butensky & Cohen Financial Security Inc., and Redpoint Investment Management Pty Ltd. Company insiders that have sold Cummins company stock in the last year include Mark J Osowick, Norman Thomas Linebarger, and Tony Satterthwaite.
View insider buying and selling activity for Cummins
or view top insider-selling stocks.

Which major investors are buying Cummins stock?

CMI stock was acquired by a variety of institutional investors in the last quarter, including Donaldson Capital Management LLC, City Holding Co., IFM Investors Pty Ltd, Wedge Capital Management L L P NC, Granite Investment Advisors LLC, Louisiana State Employees Retirement System, Sonora Investment Management LLC, and Vigilant Capital Management LLC.
View insider buying and selling activity for Cummins
or or view top insider-buying stocks.

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 WeBull, 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 $237.24.

How big of a company is Cummins?

Cummins has a market capitalization of $35.11 billion and generates $23.57 billion in revenue each year. The company earns $2.26 billion in net income (profit) each year or $15.05 on an earnings per share basis. Cummins employs 61,615 workers across the globe.

What is Cummins' official website?

The official website for Cummins is www.cummins.com.

How can I contact Cummins?

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

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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