S&P 500   3,841.94
DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:CMI

Cummins Stock Forecast, Price & News

$265.86
+7.25 (+2.80 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$258.05
Now: $265.86
$267.33
50-Day Range
$229.63
MA: $243.74
$262.98
52-Week Range
$101.03
Now: $265.86
$268.29
Volume1.31 million shs
Average Volume1.15 million shs
Market Capitalization$39.26 billion
P/E Ratio25.08
Dividend Yield2.06%
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

Headlines

Cummins Promotes Five Leaders to Vice President
February 25, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP23102110
Phone812-377-5000
Employees57,825
Year Founded1919

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.57 billion
Cash Flow$22.10 per share
Book Value$55.25 per share

Profitability

Net Income$2.26 billion

Miscellaneous

Market Cap$39.26 billion
Next Earnings Date4/27/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.70 out of 5 stars

Auto/Tires/Trucks Sector

1st out of 148 stocks

Engines & Turbines Industry

1st out of 16 stocks

Analyst Opinion: 2.1Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
$265.86
+7.25 (+2.80 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cummins (NYSE:CMI) Frequently Asked Questions

Is Cummins a buy right now?

24 Wall Street equities 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 8 buy ratings for the stock. The consensus among Wall Street equities 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 top-rated stocks.

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 Tuesday, April 27th 2021.
View our earnings forecast for Cummins
.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) posted its quarterly earnings data on Wednesday, February, 3rd. The company reported $3.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.62. The firm earned $5.83 billion during the quarter, compared to analyst estimates of $5.18 billion. Cummins had a net margin of 8.12% and a trailing twelve-month return on equity of 20.30%. The company's revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.56 earnings per share.
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 stock has increased by 88.5% and is now trading at $265.86.
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, February 9th. Investors of record on Friday, February 19th will be given a dividend of $1.35 per share on Thursday, March 4th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, February 18th.
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 2.06%. 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 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 39.65% 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 declared that its Board of Directors has approved a stock repurchase program on Tuesday, December 10th 2019, 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 7.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

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

Cummins issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $21.396-22.188 billion, compared to the consensus revenue estimate of $21.67 billion.

What price target have analysts set for CMI?

24 brokers have issued 1-year price objectives for Cummins' stock. Their forecasts range from $150.00 to $325.00. On average, they expect Cummins' stock price to reach $225.24 in the next twelve months. This suggests that the stock has a possible downside of 15.3%.
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:
  • Mr. N. Thomas Linebarger, Chairman & CEO (Age 58, Pay $9.41M)
  • Mr. Livingston L. Satterthwaite, Pres & COO (Age 60, Pay $2.18M) (LinkedIn Profile)
  • Mr. Mark A. Smith, CFO & VP (Age 53, Pay $1.52M) (LinkedIn Profile)
  • Ms. Marya M. Rose, VP & Chief Admin. Officer (Age 58, Pay $2.13M) (LinkedIn Profile)
  • Ms. Tracy A. Embree, VP & Pres of Distribution Bus. Segment (Age 47, Pay $2.07M) (LinkedIn Profile)
  • Mr. Walter Jim Fier, VP & CTO (Age 56)
  • Ms. Sherry A. Aaholm, VP & Chief Information Officer (Age 58) (LinkedIn Profile)
  • James Hopkins, Exec. Director of Investor Relations
  • Ms. Sharon R. Barner, VP, Gen. Counsel & Corp. Sec. (Age 63) (LinkedIn Profile)
  • Mr. Mark J. Sifferlen, VP of Ethics & Compliance and Sec.

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.

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).

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.80%), Price T Rowe Associates Inc. MD (3.45%), Northern Trust Corp (1.50%), Charles Schwab Investment Management Inc. (1.47%), Norges Bank (1.34%) and Bank of New York Mellon Corp (0.96%). Company insiders that own Cummins stock include Jill E Cook, Mark Andrew Smith, Mark J Osowick, Norman Thomas Linebarger, Srikanth Padmanabhan, Thaddeus B Ewald and Tony Satterthwaite.
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 American International Group Inc., Price T Rowe Associates Inc. MD, FIL Ltd, Wells Fargo & Company MN, Boston Partners, Bank of New York Mellon Corp, Beutel Goodman & Co Ltd., and Skandinaviska Enskilda Banken AB publ . Company insiders that have sold Cummins company stock in the last year include Jill E Cook, 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 institutional investors are buying Cummins stock?

CMI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Vaughan Nelson Investment Management L.P., KAMES CAPITAL plc, Amundi Pioneer Asset Management Inc., Principal Financial Group Inc., BlackRock Inc., Panagora Asset Management Inc., and Duquesne Family Office 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.
Compare Top Brokerages Here.

What is Cummins' stock price today?

One share of CMI stock can currently be purchased for approximately $265.86.

How much money does Cummins make?

Cummins has a market capitalization of $39.26 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.

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?

Cummins is headquartered at 500 JACKSON STREET BOX 3005, COLUMBUS IN, 47202.

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 3/7/2021 by MarketBeat.com Staff

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