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.
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Industry, Sector and Symbol
Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
Phone812-377-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$23.77 billion
Profitability
Miscellaneous
Employees62,610
Next Earnings Date2/4/2020 (Confirmed)
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 Monday, October 7th. Stockholders of record on Thursday, November 14th will be given a dividend of $1.311 per share on Monday, December 2nd. This represents a $5.24 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Wednesday, November 13th. View Cummins' Dividend History.
How will Cummins' stock buyback program work?
Cummins announced that its Board of Directors has initiated a share repurchase program on Tuesday, December 10th 2019, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 7.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.
How were Cummins' earnings last quarter?
Cummins Inc. (NYSE:CMI) issued its earnings results on Tuesday, October, 29th. The company reported $3.83 earnings per share for the quarter, missing analysts' consensus estimates of $3.84 by $0.01. The business had revenue of $5.77 billion for the quarter, compared to analyst estimates of $5.87 billion. Cummins had a net margin of 10.53% and a return on equity of 28.52%. The firm's revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $4.05 earnings per share. View Cummins' Earnings History.
When is Cummins' next earnings date?
How can I listen to Cummins' earnings call?
Cummins will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for CMI?
21 brokerages have issued 1-year price objectives for Cummins' stock. Their forecasts range from $145.00 to $207.00. On average, they anticipate Cummins' stock price to reach $178.02 in the next twelve months. This suggests a possible upside of 5.2% 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 2 sell ratings, 12 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?
Headlines about CMI stock have been trending negative on Saturday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. 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 -2.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Cummins.
Who are some of Cummins' key competitors?
Some companies that are related to Cummins include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Terex (TEX), Meritor (MTOR), Alamo Group (ALG) and Douglas Dynamics (PLOW).
What other stocks do shareholders of Cummins own?
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 variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.19%), Johanson Financial Advisors Inc. (0.14%), New York State Teachers Retirement System (0.14%), Donaldson Capital Management LLC (0.14%), Hexavest Inc. (0.13%) and Hamlin Capital Management LLC (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.
Which major investors are selling Cummins stock?
CMI stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Zurcher Kantonalbank Zurich Cantonalbank, Bowling Portfolio Management LLC, Kessler Investment Group LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Gateway Investment Advisers LLC, United Services Automobile Association and Nisa Investment Advisors LLC. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman, Srikanth Padmanabhan and Tracy A Embree. View Insider Buying and Selling for Cummins.
Which major investors are buying Cummins stock?
CMI stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Boston Trust Walden Corp, Sciencast Management LP, Hexavest Inc., Winmill & CO. Inc., Donaldson Capital Management LLC, DAVENPORT & Co LLC and Clear Street Markets 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, Robinhood, Fidelity and Charles Schwab.
What is Cummins' stock price today?
One share of CMI stock can currently be purchased for approximately $169.15.
How big of a company is Cummins?
Cummins has a market capitalization of $25.91 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.
What is Cummins' official website?
How can I contact Cummins?
Cummins' mailing address is 500 JACKSON ST BOX 3005, 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)
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.
