Cummins Stock Price, News & Analysis (NYSE:CMI)

Cummins trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMI."

Cummins declared a quarterly dividend on Monday, October 7th. Stockholders of record on Thursday, November 14th will be paid a dividend of $1.311 per share on Monday, December 2nd. This represents a $5.24 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Wednesday, November 13th. View Cummins' Dividend History.

Cummins announced that its Board of Directors has initiated a stock buyback plan on Tuesday, October 9th 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

Cummins Inc. (NYSE:CMI) released its quarterly earnings results on Tuesday, July, 30th. The company reported $4.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $4.38 by $0.11. The company earned $6.22 billion during the quarter, compared to analysts' expectations of $6.36 billion. Cummins had a net margin of 10.74% and a return on equity of 29.75%. The firm's revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.14 earnings per share. View Cummins' Earnings History.

Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Cummins.

Cummins will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cummins updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $23.771-23.771 billion, compared to the consensus revenue estimate of $24.41 billion.

18 brokerages have issued 1-year price targets for Cummins' shares. Their predictions range from $135.00 to $203.00. On average, they anticipate Cummins' share price to reach $165.46 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Cummins.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cummins.

Media headlines about CMI stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cummins earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Cummins.

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), Westport Fuel Systems (WPRT), Briggs & Stratton (BGG), Power Solutions International (PSIX), Terra Tech (TRTC), Capstone Turbine (CPST), REGI U.S. (RGUS), American Power Group (APGI) and Coates International (COTE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cummins investors own include Caterpillar (CAT), Gilead Sciences (GILD), NVIDIA (NVDA), Johnson & Johnson (JNJ), Alibaba Group (BABA), Walt Disney (DIS), General Electric (GE), Boeing (BA), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Cummins' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.31%), PGGM Investments (0.30%), Miller Howard Investments Inc. NY (0.25%), Hexavest Inc. (0.12%), Cambiar Investors LLC (0.11%) and Envestnet Asset Management Inc. (0.10%). Company insiders that own Cummins stock include Alexis M Herman, Franklin R Changdiaz, Jill E Cook, Mark Andrew Smith, 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.

CMI stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Miller Howard Investments Inc. NY, Stephens Inc. AR, Envestnet Asset Management Inc., Brookstone Capital Management, Hamlin Capital Management LLC, Cambiar Investors LLC and Legacy Private Trust Co.. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman, Franklin R Changdiaz, Marya M Rose, Norman Thomas Linebarger, Pat Ward, Richard Joseph Freeland, Srikanth Padmanabhan, Tony Satterthwaite and Tracy A Embree. View Insider Buying and Selling for Cummins.

CMI stock was acquired by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Robeco Institutional Asset Management B.V., Winmill & CO. Inc., Butensky & Cohen Financial Security Inc., State of Alaska Department of Revenue, PGGM Investments, Pacer Advisors Inc. and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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.

One share of CMI stock can currently be purchased for approximately $170.28.

Cummins has a market capitalization of $26.87 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.View Additional Information About Cummins.

The official website for Cummins is http://www.cummins.com/.

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]