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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
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NYSE:CMI

Cummins Stock Forecast, Price & News

$246.82
+0.28 (+0.11 %)
(As of 01/26/2021 12:00 AM ET)
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Today's Range
$245.56
Now: $246.82
$248.37
50-Day Range
$216.41
MA: $230.30
$248.03
52-Week Range
$101.03
Now: $246.82
$254.13
Volume855,320 shs
Average Volume1.26 million shs
Market Capitalization$36.53 billion
P/E Ratio23.28
Dividend Yield2.19%
Beta1.09
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, products worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company manufactures and markets 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; and offers new parts and services, as well as remanufactured parts and engines. It distributes parts, engines, and power generation products; and provides service solutions, such as engineering services, custom-designed assemblies, and repair services. The company offers emission solutions; and turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets, as well as 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 and remanufactures fuel systems. It also provides standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and provides electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. The company offers electric and hybrid powertrains related components including filtration, after treatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and hydrogen generation products. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. 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.
Cummins logo

MarketRank

Overall MarketRank

2.49 out of 5 stars

Auto/Tires/Trucks Sector

1st out of 148 stocks

Engines & Turbines Industry

1st out of 16 stocks

Analyst Opinion: 1.1Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP23102110
Phone812-377-5000
Employees61,615
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.57 billion
Cash Flow$20.52 per share
Book Value$55.25 per share

Profitability

Net Income$2.26 billion

Miscellaneous

Market Cap$36.53 billion
Next Earnings Date2/4/2021 (Confirmed)
OptionableOptionable
$246.82
+0.28 (+0.11 %)
(As of 01/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cummins (NYSE:CMI) Frequently Asked Questions

How has Cummins' stock been impacted by Coronavirus (COVID-19)?

Cummins' stock was trading at $141.07 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CMI shares have increased by 75.0% and is now trading at $246.82.
View which stocks have been most impacted by COVID-19
.

Is Cummins a buy right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 1 sell rating, 16 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cummins stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMI, but not buy additional shares or sell existing shares.
View analyst ratings for Cummins
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cummins?

Wall Street analysts have given Cummins a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cummins wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Tom Linebarger's approval rating as Cummins' CEO?

1,549 employees have rated Cummins CEO Tom Linebarger on Glassdoor.com. Tom Linebarger has an approval rating of 86% among Cummins' employees.

When is Cummins' next earnings date?

Cummins is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Cummins
.

How can I listen to Cummins' earnings call?

Cummins will be holding an earnings conference call on Thursday, 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.

How were Cummins' earnings last quarter?

Cummins Inc. (NYSE:CMI) released its quarterly earnings data on Sunday, November, 1st. The company reported $3.57 earnings per share for the quarter, topping analysts' consensus estimates of $2.41 by $1.16. The business had revenue of $5.12 billion for the quarter, compared to analyst estimates of $4.50 billion. Cummins had a net margin of 8.12% and a trailing twelve-month return on equity of 20.30%. The firm's revenue for the quarter was down 11.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.83 EPS.
View Cummins' earnings history
.

How often does Cummins pay dividends? What is the dividend yield for Cummins?

Cummins declared a quarterly dividend on Tuesday, October 13th. Investors of record on Friday, November 20th will be given a dividend of $1.35 per share on Thursday, December 3rd. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Thursday, November 19th. This is an increase from Cummins's previous quarterly dividend of $1.31.
View Cummins' dividend history
.

Is Cummins a good dividend stock?

Cummins pays an annual dividend of $5.40 per share and currently has a dividend yield of 2.19%. Cummins has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cummins is 35.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cummins will have a dividend payout ratio of 39.65% next year. This indicates that Cummins will be able to sustain or increase its dividend.
View Cummins' dividend history.

How will Cummins' stock buyback program work?

Cummins announced that its Board of Directors has authorized a share buyback plan on Tuesday, December 10th 2019, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

What price target have analysts set for CMI?

23 analysts have issued 1-year price targets for Cummins' shares. Their forecasts range from $150.00 to $273.00. On average, they expect Cummins' share price to reach $215.30 in the next twelve months. This suggests that the stock has a possible downside of 12.8%.
View analysts' price targets for Cummins
or view Wall Street analyst' top-rated stocks.

Who are some of Cummins' key competitors?

What other stocks do shareholders of Cummins own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cummins investors own include Johnson & Johnson (JNJ), Caterpillar (CAT), NVIDIA (NVDA), Cisco Systems (CSCO), Verizon Communications (VZ), AT&T (T), Intel (INTC), Pfizer (PFE), The Home Depot (HD) and The Walt Disney (DIS).

Who are Cummins' key executives?

Cummins' management team includes the following people:
  • Mr. N. Thomas Linebarger, Chairman & CEO (Age 58, Pay $9.41M)
  • Mr. Livingston L. Satterthwaite, Pres & COO (Age 60, Pay $2.18M)
  • Mr. Mark A. Smith, CFO & VP (Age 53, Pay $1.52M)
  • Ms. Marya M. Rose, VP & Chief Admin. Officer (Age 58, Pay $2.13M)
  • Ms. Tracy A. Embree, VP & Pres of Distribution Bus. Segment (Age 47, Pay $2.07M)
  • Mr. Walter Jim Fier, VP & CTO (Age 56)
  • Ms. Sherry A. Aaholm, VP & Chief Information Officer (Age 58)
  • James Hopkins, Exec. Director of Investor Relations
  • Ms. Sharon R. Barner, VP, Gen. Counsel & Corp. Sec. (Age 63)
  • Mr. Mark J. Sifferlen, VP of Ethics & Compliance and Sec.

What is Cummins' stock symbol?

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

Who are Cummins' major shareholders?

Cummins' stock is owned by a number of institutional and retail investors. Top institutional investors include Atalanta Sosnoff Capital LLC (0.23%), Hamlin Capital Management LLC (0.21%), KAMES CAPITAL plc (0.19%), Donaldson Capital Management LLC (0.14%), New York State Teachers Retirement System (0.14%) and Pinnacle Associates Ltd. (0.12%). Company insiders that own Cummins stock include Alexis M Herman, Mark J Osowick, Norman Thomas Linebarger, Srikanth Padmanabhan, Tony Satterthwaite and Tracy A Embree.
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 Candriam Luxembourg S.C.A., Nisa Investment Advisors LLC, Hexavest Inc., Gateway Investment Advisers LLC, Pinnacle Associates Ltd., Atalanta Sosnoff Capital LLC, Avantax Advisory Services Inc., and New York State Teachers Retirement System. Company insiders that have sold Cummins company stock in the last year include Mark J Osowick, Norman Thomas Linebarger, and Tony Satterthwaite.
View insider buying and selling activity for Cummins
or view top insider-selling stocks.

Which institutional investors are buying Cummins stock?

CMI stock was purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Moody Lynn & Lieberson LLC, Hamlin Capital Management LLC, Eagle Capital Management LLC, Pendal Group Limited, Kestra Advisory Services LLC, Cumberland Advisors Inc., and Columbus Circle Investors.
View insider buying and selling activity for Cummins
or or view top insider-buying stocks.

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 WeBull, 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 $246.82.

How big of a company is Cummins?

Cummins has a market capitalization of $36.53 billion and generates $23.57 billion in revenue each year. The company earns $2.26 billion in net income (profit) each year or $15.05 on an earnings per share basis. Cummins employs 61,615 workers across the globe.

What is Cummins' official website?

The official website for Cummins is www.cummins.com.

How can I contact Cummins?

Cummins' mailing address is 500 JACKSON STREET BOX 3005, COLUMBUS IN, 47202. The company can be reached via phone at 812-377-5000 or via email at [email protected]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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