NYSE:CMI - Cummins Stock Price, News, Headlines & Rumors

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$138.99 -0.71 (-0.51 %)
(As of 08/15/2018 02:49 AM ET)
Previous Close$139.70
Today's Range$138.70 - $140.49
52-Week Range$129.90 - $194.18
Volume1.28 million shs
Average Volume1.55 million shs
Market Capitalization$23.12 billion
P/E Ratio13.18
Dividend Yield3.08%
Beta1.11
Cummins logoCummins 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. This segment also offers new parts and services, as well as remanufactured parts and engines. The Distribution segment distributes parts, engines, and power generation products; and provides service solutions, such as maintenance contracts, engineering services, and integrated products. The Components segment offers emission solutions, including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, selective catalytic reduction systems, and engineered components; and turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets. This segment also 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, as well as remanufactures fuel systems. The Power Generation segment offers components that back-up and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford, AVK, and Markon brands. Cummins Inc. sells its products to original equipment manufacturers, dealers/distributors, and end users. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
SymbolNYSE:CMI
CUSIP23102110
Phone812-377-5000

Debt

Debt-to-Equity Ratio0.19
Current Ratio1.61
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio13.18
Forward P/E Ratio9.30
P/E Growth0.81

Sales & Book Value

Annual Sales$20.43 billion
Price / Sales1.12
Cash Flow$14.0821 per share
Price / Cash9.87
Book Value$49.19 per share
Price / Book2.83

Profitability

EPS (Most Recent Fiscal Year)$10.62
Net Income$999 million
Net Margins4.67%
Return on Equity26.30%
Return on Assets11.90%

Miscellaneous

Employees20,830
Outstanding Shares164,770,000
Market Cap$23.12 billion

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 declared a quarterly dividend on Tuesday, July 10th. Investors of record on Wednesday, August 22nd will be given a dividend of $1.14 per share on Tuesday, September 4th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Tuesday, August 21st. This is an increase from Cummins's previous quarterly dividend of $1.08. View Cummins' Dividend History.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) released its earnings results on Tuesday, July, 31st. The company reported $3.32 EPS for the quarter, missing the Zacks' consensus estimate of $3.63 by $0.31. The firm earned $6.13 billion during the quarter, compared to analyst estimates of $5.81 billion. Cummins had a return on equity of 26.30% and a net margin of 4.67%. The firm's revenue was up 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.53 EPS. View Cummins' Earnings History.

When is Cummins' next earnings date?

Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Cummins.

What price target have analysts set for CMI?

24 equities research analysts have issued 1 year price targets for Cummins' stock. Their predictions range from $136.00 to $195.00. On average, they expect Cummins' stock price to reach $167.45 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Price Targets for Cummins.

What is the consensus analysts' recommendation for Cummins?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 2 sell ratings, 17 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cummins.

Who are some of Cummins' key competitors?

Who are Cummins' key executives?

Cummins' management team includes the folowing people:
  • Mr. N. Thomas Linebarger, Chairman & CEO (Age 55)
  • Mr. Richard J. Freeland, Pres, COO & Director (Age 61)
  • Mr. Patrick J. Ward, VP & CFO (Age 54)
  • Ms. Marya M. Rose, VP & Chief Admin. Officer (Age 55)
  • Mr. Livingston L. Satterthwaite, VP & Pres of Distribution Bus. (Age 57)

Has Cummins been receiving favorable news coverage?

News articles about CMI stock have trended somewhat positive on Wednesday, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cummins earned a news impact score of 0.13 on Accern's scale. They also gave press coverage about the company an impact score of 45.69 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Cummins.

Who are Cummins' major shareholders?

Cummins' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.78%), Boston Partners (2.99%), FMR LLC (1.45%), American Century Companies Inc. (1.36%), LSV Asset Management (1.09%) and Wells Fargo & Company MN (1.06%). Company insiders that own Cummins stock include Alexis M Herman, Anant Talaulicar, Franklin R Changdiaz, Georgia R Nelson, Jill E Cook, Marsha L Hunt, Marya M Rose, Norman Thomas Linebarger, Pat Ward, Richard Joseph Freeland, Steven M Chapman, 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 BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Wells Fargo & Company MN, PNC Financial Services Group Inc., First Trust Advisors LP, United Services Automobile Association, OppenheimerFunds Inc. and Janus Henderson Group PLC. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman and Tracy A Embree. View Insider Buying and Selling for Cummins.

Which major investors are buying Cummins stock?

CMI stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, LSV Asset Management, Renaissance Technologies LLC, Morgan Stanley, Parnassus Investments CA, FMR LLC, Bridgewater Associates LP and Unigestion Holding SA. 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, Scottrade, Fidelity and Charles Schwab.

What is Cummins' stock price today?

One share of CMI stock can currently be purchased for approximately $138.99.

How big of a company is Cummins?

Cummins has a market capitalization of $23.12 billion and generates $20.43 billion in revenue each year. The company earns $999 million in net income (profit) each year or $10.62 on an earnings per share basis. Cummins employs 20,830 workers across the globe.

How can I contact Cummins?

Cummins' mailing address is 500 JACKSON ST BOX 3005 MAIL CODE 60207, COLUMBUS IN, 47202. The company can be reached via phone at 812-377-5000 or via email at investor.cummins.com.


MarketBeat Community Rating for Cummins (NYSE CMI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  602 (Vote Outperform)
Underperform Votes:  621 (Vote Underperform)
Total Votes:  1,223
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 8/15/2018 by MarketBeat.com Staff

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