NYSE:CMI - Cummins Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$146.18 -4.38 (-2.91 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$150.56
Today's Range$145.81 - $149.60
52-Week Range$124.40 - $194.18
Volume91,773 shs
Average Volume1.16 million shs
Market Capitalization$23.47 billion
P/E Ratio13.76
Dividend Yield3.03%
Beta1.17
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

Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
CUSIP23102110
Phone812-377-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$20.43 billion
Cash Flow$13.8036 per share
Book Value$49.19 per share

Profitability

Net Income$999 million

Miscellaneous

Employees20,830
Market Cap$23.47 billion
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 declared a quarterly dividend on Tuesday, October 9th. Stockholders of record on Thursday, November 15th will be paid a dividend of $1.14 per share on Monday, December 3rd. This represents a $4.56 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Wednesday, November 14th. View Cummins' Dividend History.

How will Cummins' stock buyback program work?

Cummins declared that its Board of Directors has authorized a stock buyback plan on Tuesday, October 9th 2018, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 8.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) released its quarterly earnings results on Tuesday, October, 30th. The company reported $4.05 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.76 by $0.29. The business had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.96 billion. Cummins had a return on equity of 29.17% and a net margin of 5.57%. The company's revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.71 earnings per share. View Cummins' Earnings History.

When is Cummins' next earnings date?

Cummins is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Cummins.

How can I listen to Cummins' earnings call?

Cummins will be holding an earnings conference call on Wednesday, February 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Cummins issued an update on its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $23.492-23.901 billion, compared to the consensus revenue estimate of $23.78 billion.

What price target have analysts set for CMI?

21 analysts have issued 1-year price objectives for Cummins' shares. Their forecasts range from $130.00 to $195.00. On average, they expect Cummins' share price to reach $162.3158 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for Cummins.

What is the consensus analysts' recommendation for Cummins?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 1 sell rating, 13 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?

Media stories about CMI stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cummins earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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 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 number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.21%), Hamlin Capital Management LLC (0.14%), Gateway Investment Advisers LLC (0.09%), Retirement Systems of Alabama (0.07%), Nisa Investment Advisors LLC (0.05%) and Windward Capital Management Co. CA (0.04%). 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 major investors are selling Cummins stock?

CMI stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gradient Investments LLC, Howard Capital Management, Gulf International Bank UK Ltd, Cullinan Associates Inc., James Investment Research Inc., Nisa Investment Advisors LLC and Retirement Systems of Alabama. 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 major investors are buying Cummins stock?

CMI stock was bought by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Silverleafe Capital Partners LLC, Hotaling Investment Management LLC, Bowling Portfolio Management LLC, Cumberland Advisors Inc., Polianta Ltd, Eukles Asset Management and Boston Advisors LLC. 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 $146.18.

How big of a company is Cummins?

Cummins has a market capitalization of $23.47 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  646 (Vote Outperform)
Underperform Votes:  665 (Vote Underperform)
Total Votes:  1,311
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 1/22/2019 by MarketBeat.com Staff

Featured Article: What is a Swap?

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.

Yahoo Gemini Pixel