Cummins (CMI) Stock Price, News & Analysis

Company Overview

Cummins Inc. (NYSE: CMI) is a global power leader that designs, manufactures, distributes and services a broad portfolio of power solutions. Founded in 1919 by Clessie Cummins, the company has grown from its roots in diesel engine innovation to encompass a wide range of technologies including diesel, natural gas, hydrogen fuel cell and battery-electric powertrains. Its offerings serve markets such as on-highway and off-highway vehicles, power generation, marine, rail, mining, construction, oil and gas, and agricultural equipment.

The company operates through four primary business segments: Engines, Components, Power Systems and Distribution. The Engines segment produces diesel and natural gas engines for medium and heavy-duty trucks, buses, recreational vehicles and specialty vehicles. Its Components segment designs and manufactures turbochargers, filtration and emission solutions, aftertreatment systems, fuel systems and controls. The Power Systems division delivers generator sets, alternators and transfer switches for standby and prime power applications, while the Distribution segment supports customers through a global network of company-owned and independent distributors.

Cummins maintains a presence in more than 190 countries and territories, with manufacturing facilities, technical centers and joint ventures across North America, South America, Europe, Asia and Africa. The company invests heavily in research and development to drive advancements in emissions reduction, fuel efficiency, digital diagnostics and electrification. Collaborations with industry partners and government agencies help Cummins bring next-generation power technologies to market and meet evolving regulatory requirements.

Headquartered in Columbus, Indiana, Cummins is led by President and Chief Executive Officer Jennifer Rumsey, who has steered the company’s focus on innovation, sustainability and operational excellence since assuming the role in 2022. Under her leadership, Cummins continues to prioritize customer satisfaction, environmental stewardship and long-term growth while leveraging its century-old heritage in engineering and manufacturing to shape the future of power solutions.

Key Stats

• Today's Range: $334.70 to $341.06
• 50-Day Range: $298.02 to $340.09
• 52-Week Range: $260.02 to $387.90
• Volume: 632,089 shs
• Average Volume: 775,520 shs
• Market Capitalization: $46.67 billion
• P/E Ratio: 16.85
• Dividend Yield: 2.15%
• Price Target: $361.42
• Consensus Rating: Hold

Cummins Stock Analysis - MarketRank™

Cummins scored higher than 95% of companies evaluated by MarketBeat, and ranked 2nd out of 87 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Cummins has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Cummins has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 22.58%

Earnings Growth

Earnings for Cummins are expected to grow by 22.58% in the coming year, from $22.54 to $27.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cummins is 16.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cummins is 16.85, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 24.16.

Price to Earnings Growth Ratio

Cummins has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cummins has a P/B Ratio of 4.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% of the float of Cummins has been sold short.

Short Interest Ratio / Days to Cover

Cummins has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cummins has recently increased by 9.30%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Cummins pays a meaningful dividend of 2.14%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cummins has been increasing its dividend for 19 years.

Dividend Coverage

The dividend payout ratio of Cummins is 36.22%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cummins will have a dividend payout ratio of 26.35% next year. This indicates that Cummins will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -3.58

Percentage of Shares Shorted

1.39% of the float of Cummins has been sold short.

Short Interest Ratio / Days to Cover

Cummins has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cummins has recently increased by 9.30%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.87

News Sentiment

Cummins has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 41 news articles for Cummins this week, compared to 22 articles on an average week.

Search Interest

Only 3 people have searched for CMI on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

10 people have added Cummins to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Cummins insiders have bought more of their company's stock than they have sold. Specifically, they have bought $332,080.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.41% of the stock of Cummins is held by insiders.

Percentage Held by Institutions

83.46% of the stock of Cummins is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CMI Stock Analysis - Frequently Asked Questions

How have CMI shares performed this year?

Cummins' stock was trading at $348.60 on January 1st, 2025. Since then, CMI shares have decreased by 2.8% and is now trading at $338.75.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) issued its quarterly earnings results on Monday, May, 5th. The company reported $5.96 EPS for the quarter, beating the consensus estimate of $4.92 by $1.04. The firm's quarterly revenue was down 2.7% compared to the same quarter last year.
Read the conference call transcript.

Does Cummins have any subsidiaries?

Cummins subsidiaries include these companies: Meritor, Jacobs Vehicle Systems, Hydrogenics, Efficient Drivetrains, Brammo, Hilite International, Nelson Industries, and more.

Who are Cummins' major shareholders?

Cummins' top institutional investors include Cardinal Capital Management Inc. (0.08%), Swedbank AB (0.08%), Gateway Investment Advisers LLC (0.06%) and Busey Bank (0.05%). Insiders that own company stock include Norman Thomas Linebarger, Tony Satterthwaite, Srikanth Padmanabhan, Georgia R Nelson, Sharon R Barner, Tracy A Embree, Mark Andrew Smith, Walter J Fier, Leo Allen Bruno V Di, Marvin Boakye, Jennifer Rumsey, Jeffrey T Wiltrout and Daniel William Fisher.
View institutional ownership trends.

How do I buy shares of Cummins?

Shares of CMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Cummins own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cummins investors own include Broadcom (AVGO), Humana (HUM), Chevron (CVX), American Water Works (AWK), Verizon Communications (VZ), BlackRock (BLK) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 6/5 Dividend: 5/23/2025
• Ex-Dividend for 6/5 Dividend: 5/23/2025
• Dividend Payable: 6/05/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: ENGINES - INT CMB
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NYSE:CMI
• CIK: 26172
• Web: www.cummins.com
• Phone: (812) 377-5000
• Fax: 812-377-3334
• Employees: 69,600
• Year Founded: 1919

Price Target and Rating

• Average Price Target for Cummins: $361.42
• High Price Target: $435.00
• Low Price Target: $240.00
• Potential Upside/Downside: +6.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $20.10
• Trailing P/E Ratio: 16.85
• Forward P/E Ratio: 15.03
• P/E Growth: 2.05
• Net Income: $3.95 billion
• Net Margins: 8.20%
• Pretax Margin: 11.22%
• Return on Equity: 26.88%
• Return on Assets: 9.53%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 1.34
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $34.10 billion
• Price / Sales: 1.37
• Cash Flow: $29.33 per share
• Price / Cash Flow: 11.55
• Book Value: $82.43 per share
• Price / Book: 4.11

Miscellaneous

• Outstanding Shares: 137,760,000
• Free Float: 137,190,000
• Market Cap: $46.67 billion
• Optionable: Optionable
• Beta: 1.03