Cummins Stock Price, News & Analysis (NYSE:CMI)

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

Cummins declared a quarterly dividend on Monday, October 7th. Investors of record on Thursday, November 14th will be paid a dividend of $1.311 per share on Monday, December 2nd. This represents a $5.24 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Wednesday, November 13th. View Cummins' Dividend History.

Cummins declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, October 9th 2018, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 8.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Cummins Inc. (NYSE:CMI) posted its quarterly earnings data on Tuesday, July, 30th. The company reported $4.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.38 by $0.11. The company had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.36 billion. Cummins had a return on equity of 29.75% and a net margin of 10.74%. The business's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $4.14 earnings per share. View Cummins' Earnings History.

Cummins is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Cummins.

Cummins will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cummins updated its FY 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $23.771-23.771 billion, compared to the consensus revenue estimate of $24.41 billion.

18 analysts have issued 12-month price targets for Cummins' stock. Their predictions range from $135.00 to $203.00. On average, they expect Cummins' stock price to reach $165.46 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Cummins.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cummins.

Media coverage about CMI stock has trended somewhat negative on Saturday, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cummins earned a news impact score of -1.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Cummins.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Cummins investors own include Caterpillar (CAT), Gilead Sciences (GILD), NVIDIA (NVDA), Johnson & Johnson (JNJ), Alibaba Group (BABA), Walt Disney (DIS), General Electric (GE), Boeing (BA), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Cummins' stock is owned by many different of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.31%), PGGM Investments (0.30%), Miller Howard Investments Inc. NY (0.25%), Hexavest Inc. (0.12%), Cambiar Investors LLC (0.11%) and Envestnet Asset Management Inc. (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.

CMI stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Miller Howard Investments Inc. NY, Stephens Inc. AR, Envestnet Asset Management Inc., Brookstone Capital Management, Hamlin Capital Management LLC, Cambiar Investors LLC and Legacy Private Trust Co.. Company insiders that have sold Cummins company stock in the last year include Alexis M Herman, Franklin R Changdiaz, Marya M Rose, Norman Thomas Linebarger, Pat Ward, Richard Joseph Freeland, Srikanth Padmanabhan, Tony Satterthwaite and Tracy A Embree. View Insider Buying and Selling for Cummins.

CMI stock was acquired by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Robeco Institutional Asset Management B.V., Winmill & CO. Inc., Butensky & Cohen Financial Security Inc., State of Alaska Department of Revenue, PGGM Investments, Pacer Advisors Inc. and Nisa Investment Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CMI stock can currently be purchased for approximately $170.28.

Cummins has a market capitalization of $26.87 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.

The official website for Cummins is http://www.cummins.com/.

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]