Cummins Inc. (CMI)

NYSE: CMI · Real-Time Price · USD
361.46
+7.44 (2.10%)
Jan 30, 2025, 2:09 PM EST - Market open
2.10%
Market Cap 49.59B
Revenue (ttm) 34.20B
Net Income (ttm) 2.10B
Shares Out 137.18M
EPS (ttm) 14.95
PE Ratio 24.18
Forward PE 16.81
Dividend $7.28 (2.01%)
Ex-Dividend Date Nov 22, 2024
Volume 413,508
Open 357.06
Previous Close 354.02
Day's Range 356.88 - 363.05
52-Week Range 236.00 - 387.90
Beta 1.01
Analysts Buy
Price Target 368.83 (+2.04%)
Earnings Date Feb 4, 2025

About CMI

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers 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 parts a... [Read more]

Sector Industrials
Founded 1919
Employees 75,500
Stock Exchange NYSE
Ticker Symbol CMI
Full Company Profile

Financial Performance

In 2023, Cummins's revenue was $34.07 billion, an increase of 21.34% compared to the previous year's $28.07 billion. Earnings were $735.00 million, a decrease of -65.83%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CMI stock is "Buy." The 12-month stock price forecast is $368.83, which is an increase of 2.04% from the latest price.

Price Target
$368.83
(2.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bronstein, Gewirtz & Grossman, LLC Is Investigating Cummins Inc. (CMI) And Encourages Shareholders to Connect

NEW YORK, NY / ACCESS Newswire / January 29, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI)...

1 day ago - Accesswire

Cummins and Liberty Energy Partner to Develop and Deploy Industry-First Variable Speed, Large Displacement Natural Gas Engine Powered Hydraulic Fracturing System

COLUMBUS, Ind. & DENVER, Colo.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Liberty Energy Inc. (NYSE: LBRT) (“Liberty”) today announced that the industry's first natural gas variable speed, large d...

Other symbols: LBRT
1 day ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Cummins Inc. (CMI) And Encourages Shareholders to Reach Out

NEW YORK, NY / ACCESS Newswire / January 26, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI)...

4 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Cummins Inc. (CMI) and Encourages Shareholders to Learn More About the Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior t...

8 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Cummins Inc. (CMI) and Encourages Investors to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / January 19, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI)...

11 days ago - Accesswire

3 stock picks from a 'cautiously optimistic' portfolio manager

US stocks (^DJI,^GSPC, ^IXIC) are on track to record their best-performing week since the election. Dakota Wealth Management senior portfolio manager Robert Pavlik tells Wealth Host Brad Smith to shar...

Other symbols: LULUPWR
12 days ago - Yahoo Finance

Cummins Inc. (CMI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior t...

15 days ago - Accesswire

Heavy Commercial Vehicle Air Brake Systems Market Size to Hit $ 42.48 Billion, Globally, by 2031 | Exclusive Report by The Insight Partners

The global heavy commercial vehicle air brake systems market is set for explosive growth, with projections indicating a surge to $ 42.48 billion by 2031. This remarkable expansion, driven by increase ...

15 days ago - GlobeNewsWire

These two-dozen value stocks are poised to lead the stock market

Investors are realizing that they no longer can count on lower interest rates and inflation to support higher stock and bond prices.

Other symbols: ADMALLBKCECFGCMACMCSA
16 days ago - Market Watch

Bronstein, Gewirtz & Grossman, LLC Is Investigating Cummins Inc. (CMI) And Encourages Investors to Connect

NEW YORK, NY / ACCESSWIRE / January 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Inv...

18 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages Cummins Inc. (CMI) Stockholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / January 8, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Inve...

22 days ago - Accesswire

Cummins Launches Next Generation 6.7L Turbo Diesel Pickup Engine System for 2025 Ram Heavy Duty Trucks

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, alongside their partners at Ram, Cummins Inc. (NYSE: CMI) unveiled the new 2025 6.7-liter Turbo Diesel Pickup engine system for Ram Heavy Duty, their most advan...

23 days ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Cummins Inc. (CMI) And Encourages Investors to Reach Out

NEW YORK, NY / ACCESSWIRE / January 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Inve...

4 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Cummins Inc. (CMI) And Encourages Stockholders to Reach Out

NEW YORK, NY / ACCESSWIRE / December 29, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). In...

4 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Cummins Inc. (CMI) And Encourages Stockholders to Connect

NEW YORK, NY / ACCESSWIRE / December 24, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). In...

5 weeks ago - Accesswire

Cummins Inc. (CMI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / December 22, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). In...

5 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Cummins Inc. (CMI) and Encourages Stockholders to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / December 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). In...

6 weeks ago - Accesswire

Cummins Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; December 2, 2024 Deadline to file Lead Plaintiff Motion

Investors can contact the law firm at no cost to learn more about recovering their losses

2 months ago - GlobeNewsWire

Cummins Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. December 2, 2024 Deadline to file Lead Plaintiff Motion

Investors can contact the law firm at no cost to learn more about recovering their losses

2 months ago - GlobeNewsWire

Cummins Celebrates Reopening Its Worldwide Technical Center Hub Office Tower in Columbus, Indiana

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) celebrated the reopening today of its worldwide technical center hub office tower in Columbus, Indiana. The office tower at the Cummins Techni...

3 months ago - Business Wire

Cummins Inc. (CMI) Q3 2024 Earnings Call Transcript

Cummins Inc. (NYSE:CMI) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Chris Clulow - VP, IR Jennifer Rumsey - Chair and CEO Mark Smith - CFO Conference Call Parti...

3 months ago - Seeking Alpha

Cummins posts quarterly profit beat on strong demand for power products from data centers

Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the company up more than 4% in pre-market tr...

3 months ago - Reuters

Cummins Reports Strong Third Quarter 2024 Results

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2024. “We achieved strong sales and profitability in the third quarter, led by improvement in ...

3 months ago - Business Wire

Hexagon Agility receives new wave of RNG fuel system orders for Class 8 Series trucks with Cummins X15N natural gas engine

OSLO, Norway , Oct. 30, 2024 /PRNewswire/ -- Hexagon Agility, a subsidiary of Hexagon Composites ASA (OSE: HEX.OL) and the world's leading provider of (renewable) natural gas (RNG/CNG) fuel systems, h...

3 months ago - PRNewsWire

Cummins Inc. Declares Quarterly Common Stock Dividend

COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.82 dollars per share. The dividend is payable on December...

3 months ago - Business Wire