QQQ   276.39 (+1.75%)
AAPL   115.32 (+3.71%)
MSFT   204.72 (+1.01%)
FB   280.83 (+4.92%)
GOOGL   1,556.88 (+3.05%)
AMZN   3,211.01 (+1.52%)
TSLA   410.83 (+1.18%)
NVDA   520.96 (+3.14%)
BABA   312.56 (+1.50%)
CGC   18.78 (+2.40%)
GE   7.37 (-0.67%)
MU   50.48 (+0.96%)
AMD   78.02 (+2.12%)
T   26.76 (+0.98%)
F   7.90 (+2.60%)
ACB   4.09 (+6.79%)
GILD   58.53 (-0.32%)
NFLX   504.21 (+3.70%)
NIO   31.99 (+16.28%)
BA   148.29 (+0.10%)
DIS   121.54 (+2.59%)
QQQ   276.39 (+1.75%)
AAPL   115.32 (+3.71%)
MSFT   204.72 (+1.01%)
FB   280.83 (+4.92%)
GOOGL   1,556.88 (+3.05%)
AMZN   3,211.01 (+1.52%)
TSLA   410.83 (+1.18%)
NVDA   520.96 (+3.14%)
BABA   312.56 (+1.50%)
CGC   18.78 (+2.40%)
GE   7.37 (-0.67%)
MU   50.48 (+0.96%)
AMD   78.02 (+2.12%)
T   26.76 (+0.98%)
F   7.90 (+2.60%)
ACB   4.09 (+6.79%)
GILD   58.53 (-0.32%)
NFLX   504.21 (+3.70%)
NIO   31.99 (+16.28%)
BA   148.29 (+0.10%)
DIS   121.54 (+2.59%)
QQQ   276.39 (+1.75%)
AAPL   115.32 (+3.71%)
MSFT   204.72 (+1.01%)
FB   280.83 (+4.92%)
GOOGL   1,556.88 (+3.05%)
AMZN   3,211.01 (+1.52%)
TSLA   410.83 (+1.18%)
NVDA   520.96 (+3.14%)
BABA   312.56 (+1.50%)
CGC   18.78 (+2.40%)
GE   7.37 (-0.67%)
MU   50.48 (+0.96%)
AMD   78.02 (+2.12%)
T   26.76 (+0.98%)
F   7.90 (+2.60%)
ACB   4.09 (+6.79%)
GILD   58.53 (-0.32%)
NFLX   504.21 (+3.70%)
NIO   31.99 (+16.28%)
BA   148.29 (+0.10%)
DIS   121.54 (+2.59%)
QQQ   276.39 (+1.75%)
AAPL   115.32 (+3.71%)
MSFT   204.72 (+1.01%)
FB   280.83 (+4.92%)
GOOGL   1,556.88 (+3.05%)
AMZN   3,211.01 (+1.52%)
TSLA   410.83 (+1.18%)
NVDA   520.96 (+3.14%)
BABA   312.56 (+1.50%)
CGC   18.78 (+2.40%)
GE   7.37 (-0.67%)
MU   50.48 (+0.96%)
AMD   78.02 (+2.12%)
T   26.76 (+0.98%)
F   7.90 (+2.60%)
ACB   4.09 (+6.79%)
GILD   58.53 (-0.32%)
NFLX   504.21 (+3.70%)
NIO   31.99 (+16.28%)
BA   148.29 (+0.10%)
DIS   121.54 (+2.59%)
Log in
NYSE:CMI

Cummins Stock Forecast, Price & News

$217.44
+3.85 (+1.80 %)
(As of 10/29/2020 12:00 AM ET)
Add
Compare
Today's Range
$212.80
Now: $217.44
$219.49
50-Day Range
$203.01
MA: $215.21
$226.28
52-Week Range
$101.03
Now: $217.44
$231.35
Volume1.05 million shs
Average Volume1.26 million shs
Market Capitalization$32.11 billion
P/E Ratio19.40
Dividend Yield2.45%
Beta1.12
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.
Read More
Cummins logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.98 out of 5 stars

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$18.96 per share
Book Value$55.25 per share

Profitability

Net Income$2.26 billion

Miscellaneous

Market Cap$32.11 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$217.44
+3.85 (+1.80 %)
(As of 10/29/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Cummins (NYSE:CMI) Frequently Asked Questions

How has Cummins' stock price been impacted by COVID-19?

Cummins' stock was trading at $141.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CMI stock has increased by 54.1% and is now trading at $217.44.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cummins?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 1 sell rating, 15 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Cummins
.

When is Cummins' next earnings date?

Cummins is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Cummins
.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) issued its quarterly earnings results on Saturday, October, 31st. 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 21.04% and a net margin of 8.46%. The firm's quarterly revenue was down 11.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.83 EPS.
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 given a dividend of $1.35 per share on Thursday, December 3rd. This represents a $5.40 annualized dividend and a yield of 2.48%. The ex-dividend date is Thursday, November 19th. This is a boost from Cummins's previous quarterly dividend of $1.31.
View Cummins' dividend history
.

How will Cummins' stock buyback program work?

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

What price target have analysts set for CMI?

23 brokers have issued 12 month price targets for Cummins' stock. Their forecasts range from $150.00 to $273.00. On average, they expect Cummins' share price to reach $212.10 in the next year. This suggests that the stock has a possible downside of 2.5%.
View analysts' price targets for Cummins
.

Are investors shorting Cummins?

Cummins saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,710,000 shares, a decrease of 16.4% from the September 30th total of 3,240,000 shares. Based on an average trading volume of 954,600 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.9% of the shares of the stock are short sold.
View Cummins' Short Interest
.

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), 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 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)

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 institutional and retail investors. Top institutional investors include LSV Asset Management (1.85%), Robeco Institutional Asset Management B.V. (0.54%), Atalanta Sosnoff Capital LLC (0.24%), Hamlin Capital Management LLC (0.19%), Conning Inc. (0.14%) and Pinnacle Associates Ltd. (0.12%). Company insiders that own Cummins stock include Alexis M Herman, Franklin R Changdiaz, Mark J Osowick, 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 LSV Asset Management, Xponance Inc., Conning Inc., Assenagon Asset Management S.A., Pacer Advisors Inc., Standard Life Aberdeen plc, State of Alaska Department of Revenue, 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
.

Which institutional investors are buying Cummins stock?

CMI stock was bought by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Robeco Institutional Asset Management B.V., DekaBank Deutsche Girozentrale, Nisa Investment Advisors LLC, Candriam Luxembourg S.C.A., Hamlin Capital Management LLC, Columbus Circle Investors, and Asset Planning Services Inc. LA ADV.
View insider buying and selling activity 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 $217.44.

How big of a company is Cummins?

Cummins has a market capitalization of $32.11 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 10/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.