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

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

Cummins declared a quarterly dividend on Tuesday, July 10th. Investors of record on Wednesday, August 22nd will be given a dividend of $1.14 per share on Tuesday, September 4th. This represents a $4.56 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Tuesday, August 21st. This is a positive change from Cummins's previous quarterly dividend of $1.08. View Cummins' Dividend History.

Cummins Inc. (NYSE:CMI) announced its quarterly earnings data on Tuesday, July, 31st. The company reported $3.32 earnings per share for the quarter, missing the Zacks' consensus estimate of $3.63 by $0.31. The firm had revenue of $6.13 billion for the quarter, compared to analysts' expectations of $5.81 billion. Cummins had a net margin of 4.67% and a return on equity of 26.30%. The firm's revenue was up 20.8% compared to the same quarter last year. During the same period last year, the company posted $2.53 earnings per share. View Cummins' Earnings History.

Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Cummins.

24 Wall Street analysts have issued 12-month price targets for Cummins' shares. Their predictions range from $136.00 to $195.00. On average, they expect Cummins' share price to reach $165.30 in the next year. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Price Targets for Cummins.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 3 sell ratings, 16 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cummins.

Cummins saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 4,441,249 shares, a drop of 42.1% from the August 15th total of 7,674,418 shares. Based on an average daily volume of 1,280,690 shares, the days-to-cover ratio is presently 3.5 days. Approximately 2.8% of the shares of the stock are short sold. View Cummins' Current Options Chain.

Some companies that are related to Cummins include ELECTRICITE DE/ADR (ECIFY), BWX Technologies (BWXT), Brunswick (BC), Mosenergo (AOMOY), TPI Composites (TPIC), Briggs & Stratton (BGG), China Yuchai International (CYD), Westport Fuel Systems (WPRT), Power Solutions International (PSIX), Terra Tech (TRTC), Capstone Turbine (CPST), REGI U.S. (RGUS), American Power Group (APGI) and Coates International (COTE).

News articles about CMI stock have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cummins earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news articles about the company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Cummins.

Cummins' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.78%), Boston Partners (2.99%), FMR LLC (1.45%), American Century Companies Inc. (1.36%), Northern Trust Corp (1.36%) and LSV Asset Management (1.09%). Company insiders that own Cummins stock include Alexis M Herman, Anant Talaulicar, Franklin R Changdiaz, Georgia R Nelson, Jill E Cook, Marsha L Hunt, 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.

CMI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Putnam Investments LLC, Wells Fargo & Company MN, Glenmede Trust Co. NA, PNC Financial Services Group Inc., First Trust Advisors LP and United Services Automobile Association. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman and Tracy A Embree. View Insider Buying and Selling for Cummins.

CMI stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, LSV Asset Management, Renaissance Technologies LLC, Advisors Asset Management Inc., Morgan Stanley, Parnassus Investments CA, FMR LLC and Bridgewater Associates LP. 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, Scottrade, Fidelity and Charles Schwab.

One share of CMI stock can currently be purchased for approximately $150.92.

Cummins has a market capitalization of $24.44 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.

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 investor.cummins.com.