NYSE:CMI - Cummins Stock Price, Price Target & More

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$135.81 -2.01 (-1.46 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$135.81
Today's Range$135.0101 - $136.90
52-Week Range$129.90 - $194.18
Volume1.51 million shs
Average Volume1.20 million shs
Market Capitalization$22.71 billion
P/E Ratio12.79
Dividend Yield3.13%
Beta1.15
Cummins logoCummins 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
SymbolNYSE:CMI
CUSIP23102110
Phone812-377-5000

Debt

Debt-to-Equity Ratio0.19
Current Ratio1.58
Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio12.79
Forward P/E Ratio9.87
P/E Growth0.87

Sales & Book Value

Annual Sales$20.43 billion
Price / Sales1.10
Cash Flow$14.0010 per share
Price / Cash9.70
Book Value$49.19 per share
Price / Book2.76

Profitability

EPS (Most Recent Fiscal Year)$10.62
Net Income$999 million
Net Margins4.33%
Return on Equity23.47%
Return on Assets10.90%

Miscellaneous

Employees20,830
Outstanding Shares164,770,000
Market Cap$22,709.00

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 announced a quarterly dividend on Tuesday, July 10th. Investors of record on Wednesday, August 22nd will be paid a dividend of $1.14 per share on Tuesday, September 4th. This represents a $4.56 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Tuesday, August 21st. This is a boost from Cummins's previous quarterly dividend of $1.08. View Cummins' Dividend History.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) released its quarterly earnings results on Tuesday, May, 1st. The company reported $3.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.91 by $0.39. The company earned $5.57 billion during the quarter, compared to the consensus estimate of $5.18 billion. Cummins had a net margin of 4.33% and a return on equity of 23.47%. The business's quarterly revenue was up 21.4% compared to the same quarter last year. During the same period last year, the company earned $2.36 EPS. View Cummins' Earnings History.

When is Cummins' next earnings date?

Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Cummins.

What price target have analysts set for CMI?

24 brokers have issued 12-month price targets for Cummins' shares. Their predictions range from $136.00 to $195.00. On average, they expect Cummins' stock price to reach $168.50 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Ratings for Cummins.

What is the consensus analysts' recommendation for Cummins?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 2 sell ratings, 17 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 55)
  • Mr. Richard J. Freeland, Pres, COO & Director (Age 61)
  • Mr. Patrick J. Ward, VP & CFO (Age 54)
  • Ms. Marya M. Rose, VP & Chief Admin. Officer (Age 55)
  • Mr. Livingston L. Satterthwaite, VP & Pres of Distribution Bus. (Age 57)

Has Cummins been receiving favorable news coverage?

Media coverage about CMI stock has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cummins earned a media sentiment score of 0.08 on Accern's scale. They also gave news headlines about the company an impact score of 44.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Cummins' major shareholders?

Cummins' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.26%), NN Investment Partners Holdings N.V. (0.17%), Cornerstone Wealth Management LLC (0.09%), Gateway Investment Advisers LLC (0.09%), Retirement Systems of Alabama (0.07%) and Howard Capital Management (0.06%). 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, 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 Bank of Montreal Can, Capital One National Association, Hartford Investment Management Co., Cornerstone Investment Partners LLC, Creative Planning, Nisa Investment Advisors LLC, Silverleafe Capital Partners LLC and Alpha Windward LLC. Company insiders that have sold Cummins company stock in the last year include Franklin R Changdiaz, Jill E Cook, Pat Ward and Tony Satterthwaite. View Insider Buying and Selling for Cummins.

Which institutional investors are buying Cummins stock?

CMI stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Miller Howard Investments Inc. NY, Capital Investment Advisors LLC, Empowered Funds LLC, Clinton Group Inc., DAVENPORT & Co LLC, Orca Investment Management LLC and James Investment Research Inc.. 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 $135.81.

How big of a company is Cummins?

Cummins has a market capitalization of $22.71 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  581 (Vote Outperform)
Underperform Votes:  606 (Vote Underperform)
Total Votes:  1,187
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 7/21/2018 by MarketBeat.com Staff

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