S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
NYSE:CMI

Cummins Stock Forecast, Price & News

$227.66
-0.67 (-0.29 %)
(As of 09/24/2021 12:00 AM ET)
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Today's Range
$227.50
$229.97
50-Day Range
$219.54
$241.80
52-Week Range
$203.51
$277.09
Volume755,362 shs
Average Volume1.06 million shs
Market Capitalization$32.69 billion
P/E Ratio15.29
Dividend Yield2.54%
Beta1.05
30 days | 90 days | 365 days | Advanced Chart
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Cummins logo

About Cummins

Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems, and New Power. The Engine segment manufactures and markets diesel and natural gas powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment consists of parts, engines, power generation and service, which service and distributes its products and services. The Components segment supplies products such as, aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel, and natural gas applications. The Power Systems segment engages in power generation, industrial and generator technologies. The New Power segment designs, manufactures, sells and supports hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was founded by Cless

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MarketRank

Overall MarketRank

3.18 out of 5 stars

Auto/Tires/Trucks Sector

3rd out of 123 stocks

Engines & Turbines Industry

1st out of 10 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Cummins (NYSE:CMI) Frequently Asked Questions

Is Cummins a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cummins stock.
View analyst ratings for Cummins
or view top-rated stocks.

What stocks does MarketBeat like better than Cummins?

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

Are investors shorting Cummins?

Cummins saw a decline in short interest in August. As of August 13th, there was short interest totaling 2,960,000 shares, a decline of 15.2% from the July 29th total of 3,490,000 shares. Based on an average daily trading volume, of 1,040,000 shares, the short-interest ratio is presently 2.8 days. Currently, 2.1% of the shares of the stock are short sold.
View Cummins' Short Interest
.

When is Cummins' next earnings date?

Cummins is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Cummins
.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) released its earnings results on Monday, August, 2nd. The company reported $4.10 EPS for the quarter, beating analysts' consensus estimates of $4.06 by $0.04. The business earned $6.10 billion during the quarter, compared to the consensus estimate of $6 billion. Cummins had a net margin of 9.52% and a trailing twelve-month return on equity of 25.26%. Cummins's quarterly revenue was up 58.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.86 EPS.
View Cummins' earnings history
.

How has Cummins' stock been impacted by COVID-19 (Coronavirus)?

Cummins' stock was trading at $141.07 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CMI shares have increased by 61.4% and is now trading at $227.66.
View which stocks have been most impacted by COVID-19
.

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

Cummins declared a quarterly dividend on Tuesday, July 13th. Investors of record on Friday, August 20th will be given a dividend of $1.45 per share on Thursday, September 2nd. This represents a $5.80 annualized dividend and a yield of 2.55%. The ex-dividend date is Thursday, August 19th. This is a positive change from Cummins's previous quarterly dividend of $1.35.
View Cummins' dividend history
.

Is Cummins a good dividend stock?

Cummins pays an annual dividend of $5.80 per share and currently has a dividend yield of 2.54%. Cummins has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cummins is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cummins will have a dividend payout ratio of 30.49% 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 repurchase plan on Tuesday, December 10th 2019, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 7.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

What guidance has Cummins issued on next quarter's earnings?

Cummins updated its FY 2021 earnings guidance on Tuesday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $23.77 billion-$24.57 billion, compared to the consensus revenue estimate of $24.15 billion.

What price target have analysts set for CMI?

13 brokerages have issued 1 year target prices for Cummins' stock. Their forecasts range from $230.00 to $358.00. On average, they anticipate Cummins' stock price to reach $282.27 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price.
View analysts' price targets for Cummins
or view top-rated stocks among Wall Street analysts.

Who are Cummins' key executives?

Cummins' management team includes the following people:
  • Tom Linebarger, Chairman & Chief Executive Officer
  • Jennifer W. Rumsey, President & Chief Operating Officer
  • Mark Andrew Smith, Chief Financial Officer & Vice President
  • Jim Fier, Chief Technical Officer & Vice President
  • Wayne A. Eckerle, Vice President-Research & Technology

What is Tom Linebarger's approval rating as Cummins' CEO?

1,549 employees have rated Cummins CEO Tom Linebarger on Glassdoor.com. Tom Linebarger has an approval rating of 86% among Cummins' employees.

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).

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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.07%), BlackRock Inc. (8.31%), State Street Corp (4.80%), Price T Rowe Associates Inc. MD (3.19%), Geode Capital Management LLC (1.86%) and Northern Trust Corp (1.47%). Company insiders that own Cummins stock include Jill E Cook, John D Brockhaus, Mark Andrew Smith, Mark J Osowick, Norman Thomas Linebarger, Thaddeus B Ewald and Tony Satterthwaite.
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., FMR LLC, First Trust Advisors LP, Vaughan Nelson Investment Management L.P., Hotchkis & Wiley Capital Management LLC, Neuberger Berman Group LLC, Lord Abbett & CO. LLC, and LSV Asset Management. Company insiders that have sold Cummins company stock in the last year include Jill E Cook, John D Brockhaus, Mark Andrew Smith, Norman Thomas Linebarger, and Thaddeus B Ewald.
View insider buying and selling activity for Cummins
or view top insider-selling stocks.

Which major investors are buying Cummins stock?

CMI stock was purchased by a variety of institutional investors in the last quarter, including Amundi, Man Group plc, Goldman Sachs Group Inc., Border to Coast Pensions Partnership Ltd, Renaissance Technologies LLC, Parnassus Investments CA, Charles Schwab Investment Management Inc., and Morgan Stanley.
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.
Compare Top Brokerages Here.

What is Cummins' stock price today?

One share of CMI stock can currently be purchased for approximately $227.66.

How much money does Cummins make?

Cummins has a market capitalization of $32.69 billion and generates $19.81 billion in revenue each year. The company earns $1.79 billion in net income (profit) each year or $12.18 on an earnings per share basis.

How many employees does Cummins have?

Cummins employs 57,825 workers across the globe.

Does Cummins have any subsidiaries?

The following companies are subsidiares of Cummins: Anvl, Apollo FC Holdings Ltd., Atlantis Acquisitionco Canada Corporation, Atlantis Holdco UK Limited, Brammo, CIFC Worldwide Partner C.V., CMI Africa Holdings BV, CMI CGT Holdings LLC, CMI Canada Financing Ltd., CMI Canada LP, CMI Foreign Holdings B.V., CMI Global Equity Holdings B.V., CMI Global Equity Holdings C.V., CMI Global Holdings B.V., CMI Global Partner 2 C.V., CMI Global Partners B.V., CMI Group Holdings B.V., CMI Group Holdings Cooperatief U.A., CMI International Finance Partner 1 LLC, CMI International Finance Partner 2 LLC, CMI International Finance Partner 3 LLC, CMI International Finance Partner 4 LLC, CMI International Finance Partner 5 LLC, CMI Mexico LLC, CMI Netherlands Holdings B.V., CMI PGI Holdings LLC, CMI PGI International Holdings LLC, CMI Turkish Holdings B.V., CMI UK Finance LP, CMI UK Financing LP, Cherry Island Renewable Energy LLC, Consolidated Diesel Company, Consolidated Diesel Inc., Consolidated Diesel of North Carolina Inc., Cummins (China) Investment Co. Ltd., Cummins (Xiangyang) Machining Co. Ltd., Cummins Africa Middle East (Pty) Ltd., Cummins Afrique de l'Ouest, Cummins Americas Inc., Cummins Angola Lda., Cummins Argentina-Servicios Mineros S.A., Cummins Asia Pacific Pte. Ltd., Cummins Aust Technologies Pty. Ltd., Cummins BLR LLC, Cummins Battery Systems North America LLC, Cummins Belgium N.V., Cummins Botswana (Pty.) Ltd., Cummins Brasil Ltda., Cummins Burkina Faso SARL, Cummins CDC Holding Inc., Cummins CV Member LLC, Cummins Canada ULC, Cummins Caribbean LLC, Cummins Center of Excellence Singapore Pte. Ltd., Cummins Centroamerica Holding S.de R.L., Cummins Child Development Center Inc., Cummins Colombia S.A.S., Cummins Comercializadora S. de R.L. de C.V., Cummins Corporation, Cummins Cote d'Ivoire SARL, Cummins Czech Republic s.r.o., Cummins Deutschland GmbH, Cummins Diesel International Ltd., Cummins Distribution Holdco Inc., Cummins EMEA Holdings Limited, Cummins East Asia Research & Development Co. Ltd., Cummins Eastern Marine Inc., Cummins Electrified Power Europe Ltd., Cummins Electrified Power NA Inc., Cummins Emission Solutions (China) Co. Ltd., Cummins Emission Solutions Inc., Cummins Empresas Filantropicas, Cummins Energetica Ltda., Cummins Engine (Beijing) Co. Ltd., Cummins Engine (Shanghai) Co. Ltd., Cummins Engine (Shanghai) Trading & Services Co. Ltd., Cummins Engine Holding Company Inc., Cummins Engine IP Inc., Cummins Engine Malaysia Sdn. Bhd., Cummins Engine Venture Corporation, Cummins Enterprise LLC, Cummins Filtration (Shanghai) Co. Ltd., Cummins Filtration GmbH, Cummins Filtration IP Inc., Cummins Filtration Inc., Cummins Filtration International Corp., Cummins Filtration Ltd., Cummins Filtration SARL, Cummins Filtration Trading (Shanghai) Co. Ltd., Cummins Filtros Ltda., Cummins Franchise Holdco LLC, Cummins Fuel Systems (Wuhan) Co. Ltd., Cummins Generator Technologies (China) Co. Ltd., Cummins Generator Technologies Americas Inc., Cummins Generator Technologies Germany GmbH, Cummins Generator Technologies India Private Ltd., Cummins Generator Technologies Italy SRL, Cummins Generator Technologies Limited, Cummins Generator Technologies Romania S.A., Cummins Generator Technologies Singapore Pte Ltd., Cummins Ghana Limited, Cummins Ghana Mining Limited, Cummins Global Financing LP, Cummins Global Technologies LLP, Cummins Grupo Comercial Y. de Servicios S. de R.L. de C.V., Cummins Grupo Industrial S. de R.L. de C.V., Cummins Holland B.V., Cummins Hong Kong Ltd., Cummins India Ltd., Cummins Intellectual Property Inc., Cummins International Finance LLC, Cummins International Holdings Cooperatief U.A., Cummins International Holdings LLC, Cummins Italia S.P.A., Cummins Japan Ltd., Cummins Korea Co. Ltd., Cummins LLC Member Inc., Cummins Ltd., Cummins Maroc SARL, Cummins Middle East FZE, Cummins Mining Services S. de R.L. de C.V., Cummins Mobility Services Inc., Cummins Mongolia Investment LLC, Cummins Mozambique Ltda., Cummins NV, Cummins Namibia Engine Sales and Service PTY LTD, Cummins Natural Gas Engines Inc., Cummins New Zealand Limited, Cummins Nigeria Ltd., Cummins Norte de Colombia S.A.S., Cummins North Africa Regional Office SARL, Cummins Norway AS, Cummins PGI Holdings Ltd., Cummins Power Generation (China) Co. Ltd., Cummins Power Generation (S) Pte. Ltd., Cummins Power Generation (U.K.) Limited, Cummins Power Generation Deutschland GmbH, Cummins Power Generation Inc., Cummins Power Generation Limited, Cummins PowerGen IP Inc., Cummins Research and Technology India Private Ltd., Cummins Romania Srl, Cummins S. de R.L. de C.V., Cummins Sales and Service Korea Co. Ltd., Cummins Sales and Service Philippines Inc., Cummins Sales and Service Private Limited, Cummins Sales and Service Sdn. Bhd., Cummins Sales and Service Singapore Pte. Ltd., Cummins Sinai ve Otomotiv Urunleri Sanayi ve Ticaret Limited Sirketi, Cummins South Africa (Pty.) Ltd., Cummins South Pacific Pty. Limited, Cummins Southern Plains LLC, Cummins Spain S.L., Cummins Sweden AB, Cummins Technologies India, Cummins Trade Receivables LLC, Cummins Turbo Technologies Limited, Cummins Turkey Motor Güç Sistemleri Satış Servis Limited Şirketi, Cummins U.K. Holdings Ltd., Cummins U.K. Pension Plan Trustee Ltd., Cummins UK Global Holdings Ltd., Cummins UK Holdings LLC, Cummins Vendas e Servicos de Motores e Geradores Ltda., Cummins Venture Corporation, Cummins West Africa Limited, Cummins West Balkans d.o.o. Nova Pasova, Cummins XBorder Operations (Pty) Ltd, Cummins Zambia Ltd., Cummins Zimbabwe Pvt. Ltd., Distribuidora Cummins Centroamerica Costa Rica S.de R.L., Distribuidora Cummins Centroamerica El Salvador S.de R.L., Distribuidora Cummins Centroamerica Guatemala Ltda., Distribuidora Cummins Centroamerica Honduras S.de R.L., Distribuidora Cummins S.A., Distribuidora Cummins Sucursal Paraguay SRL, Distribuidora Cummins de Panama S. de R.L., Dynamo Insurance Company Inc., Efficient Drivetrains, Efficient Drivetrains (Beijing) New Power Technology Co. Ltd., Efficient Drivetrains (Shanghai) Co. Ltd., Hilite International, Hydrogenics, Hydrogenics Corporation, Hydrogenics Europe N.V., Hydrogenics GmbH, Hydrogenics Holding GmbH, Hydrogenics USA Inc., Markon Engineering Company Ltd., Nelson Burgess Ltd., Nelson Industries, Newage Engineers GmbH, Newage Ltd. (U.K.), Newage Machine Tools Ltd., OOO Cummins, Petbow Limited, Power Group International (Overseas Holdings) B.V., Power Group International (Overseas Holdings) Ltd., Power Group International Ltd., Quickstart Energy Projects SpA, Shanghai Cummins Trade Co. Ltd., TOO Cummins, Taiwan Cummins Sales & Services Co. Ltd., Worldwide Partner CV Member LLC, Wuxi Cummins Turbo Technologies Co. Ltd., Wuxi New Energy Automotive Technologies Co. Ltd., and ZED Connect Inc..

When was Cummins founded?

Cummins was founded in 1919.

What is Cummins' official website?

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

Where are Cummins' headquarters?

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 9/25/2021 by MarketBeat.com Staff

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