NYSE:CMI - Cummins Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $155.44 +1.37 (+0.89 %) (As of 02/22/2019 04:00 PM ET)Previous Close$155.44Today's Range$154.12 - $156.2352-Week Range$124.40 - $173.32Volume1.38 million shsAverage Volume1.25 million shsMarket Capitalization$25.75 billionP/E Ratio11.75Dividend Yield2.96%Beta1.14 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. 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. Receive CMI News and Ratings via Email Sign-up to receive the latest news and ratings for CMI and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Engines & turbines Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorAuto/Tires/Trucks Current SymbolNYSE:CMI Previous Symbol CUSIP23102110 CIK26172 Webwww.cummins.com Phone812-377-5000Debt Debt-to-Equity Ratio0.19 Current Ratio1.54 Quick Ratio0.95Price-To-Earnings Trailing P/E Ratio11.75 Forward P/E Ratio10.05 P/E Growth1.07 Sales & Book Value Annual Sales$23.77 billion Price / Sales1.08 Cash Flow$17.3676 per share Price / Cash Flow8.95 Book Value$49.85 per share Price / Book3.12Profitability EPS (Most Recent Fiscal Year)$13.23 Net Income$2.14 billion Net Margins9.01% Return on Equity29.71% Return on Assets12.93%Miscellaneous Employees62,610 Outstanding Shares165,680,000Market Cap$25.75 billion Next Earnings Date5/7/2019 (Estimated) OptionableOptionable 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 Tuesday, February 12th. Stockholders of record on Friday, February 22nd will be paid a dividend of $1.14 per share on Thursday, March 7th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Thursday, February 21st. View Cummins' Dividend History. How will Cummins' stock buyback program work? Cummins announced that its board has initiated a stock buyback program on Tuesday, October 9th 2018, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 8.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued. How were Cummins' earnings last quarter? Cummins Inc. (NYSE:CMI) announced its quarterly earnings data on Wednesday, February, 6th. The company reported $3.48 EPS for the quarter, missing the Zacks' consensus estimate of $3.81 by $0.33. The firm earned $6.13 billion during the quarter, compared to analysts' expectations of $6.08 billion. Cummins had a return on equity of 29.71% and a net margin of 9.01%. The company's revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $3.03 EPS. View Cummins' Earnings History. When is Cummins' next earnings date? Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Cummins. What guidance has Cummins issued on next quarter's earnings? Cummins updated its FY 2019 earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $23.771-24.722 billion, compared to the consensus revenue estimate of $24.4 billion. What price target have analysts set for CMI? 20 equities research analysts have issued 1 year target prices for Cummins' stock. Their predictions range from $130.00 to $195.00. On average, they anticipate Cummins' share price to reach $160.6889 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for Cummins. What is the consensus analysts' recommendation for Cummins? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 1 sell rating, 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? Press coverage about CMI stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cummins earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. Who are some of Cummins' key competitors? Some companies that are related to Cummins include ELECTRICITE DE/ADR (ECIFY), BWX Technologies (BWXT), Brunswick (BC), Mosenergo Pao (AOMOY), TPI Composites (TPIC), China Yuchai International (CYD), Briggs & Stratton (BGG), Westport Fuel Systems (WPRT), Power Solutions International (PSIX), Capstone Turbine (CPST), Terra Tech (TRTC), REGI U.S. (RGUS), American Power Group (APGI) and Coates International (COTE). 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), Gilead Sciences (GILD), NVIDIA (NVDA), General Electric (GE), Alibaba Group (BABA), Home Depot (HD), Boeing (BA), Walt Disney (DIS) and Exxon Mobil (XOM). 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 institutional and retail investors. Top institutional investors include Oregon Public Employees Retirement Fund (7.73%), BlackRock Inc. (6.91%), LSV Asset Management (2.29%), Boston Partners (2.28%), Geode Capital Management LLC (1.55%) and Northern Trust Corp (1.54%). Company insiders that own Cummins stock include Alexis M Herman, Anant Talaulicar, Franklin R Changdiaz, Georgia R Nelson, Jill E Cook, Mark Andrew Smith, 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 institutional investors are selling Cummins stock? CMI stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Bessemer Group Inc., Nordea Investment Management AB, Los Angeles Capital Management & Equity Research Inc., APG Asset Management N.V., HM Payson & Co., Voloridge Investment Management LLC and M&T Bank Corp. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman, Franklin R Changdiaz, Jill E Cook, Mark Andrew Smith, Marya M Rose, Norman Thomas Linebarger, Pat Ward, Richard Joseph Freeland, Tony Satterthwaite 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 Oregon Public Employees Retirement Fund, Parnassus Investments CA, Bank of Nova Scotia, Beutel Goodman & Co Ltd., LSV Asset Management, Dimensional Fund Advisors LP, Alps Advisors Inc. and Bank of New York Mellon Corp. 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 $155.44. How big of a company is Cummins? Cummins has a market capitalization of $25.75 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. 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 MAIL CODE 60207, 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 ( )Outperform Votes: 651 (Vote Outperform)Underperform Votes: 678 (Vote Underperform)Total Votes: 1,329MarketBeat'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 2/23/2019 by MarketBeat.com StaffFeatured Article: What is a Market Correction?