Cummins Inc. (CMI)
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]
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 StatementsAnalyst 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.
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)...
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...
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)...
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...
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)...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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
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
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...
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...
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...
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 ...
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...
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...