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Cummins Inc. (CMI)

NYSE: CMI · IEX Real-Time Price · USD
221.50
+0.03 (0.01%)
After-hours:Sep 20, 2021 7:51 PM EDT
221.47
-6.22 (-2.73%)
At close: Sep 20, 4:00 PM
Market Cap31.80B
Revenue (ttm)23.15B
Net Income (ttm)2.21B
Shares Out145.10M
EPS (ttm)14.87
PE Ratio14.89
Forward PE12.05
Dividend$5.36 (2.42%)
Ex-Dividend DateAug 19, 2021
Volume1,693,532
Open223.55
Previous Close227.69
Day's Range218.28 - 224.77
52-Week Range195.19 - 273.94
Beta1.05
AnalystsBuy
Price Target284.81 (+28.6%)
Est. Earnings DateNov 2, 2021

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 New Power. 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 new pa...

IndustryMachinery
Founded1919
CEONorman Linebarger
Employees57,825
Stock ExchangeNYSE
Ticker SymbolCMI
Full Company Profile

Financial Performance

In 2020, Cummins's revenue was $19.81 billion, a decrease of -15.95% compared to the previous year's $23.57 billion. Earnings were $1.79 billion, a decrease of -20.84%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for Cummins stock is "Buy." The 12-month stock price forecast is 284.81, which is an increase of 28.60% from the latest price.

Price Target
$284.81
(28.60% upside)
Analyst Consensus: Buy

News

Cummins (CMI) Stock Moves -0.88%: What You Should Know

Cummins (CMI) closed the most recent trading day at $227.69, moving -0.88% from the previous trading session.

3 days ago - Zacks Investment Research

Cummins (CMI) Gains As Market Dips: What You Should Know

In the latest trading session, Cummins (CMI) closed at $233.32, marking a +0.15% move from the previous day.

1 week ago - Zacks Investment Research

Cummins (CMI) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

1 week ago - Zacks Investment Research

Cummins (CMI) Up 1.6% Since Last Earnings Report: Can It Continue?

Cummins (CMI) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

Cummins (CMI) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Cummins (CMI) closed at $234.87, marking a -0.47% move from the previous day.

2 weeks ago - Zacks Investment Research

Is Cummins Undervalued Right Now?

The pandemic disrupted the truck engine maker's manufacturing processes and its supply chain.

2 weeks ago - The Motley Fool

3 Infrastructure Stocks to Buy Right Now

Business is already strong for these companies, and an infrastructure bill would be another tailwind.

Other symbols:NEENUE
3 weeks ago - The Motley Fool

Tech Stocks Are Too Expensive. Try These 3 Cheap Stocks Instead

You can still find good bargains on Wall Street. You just have to know where to look.

Other symbols:CATLMT
3 weeks ago - The Motley Fool

Should You Buy These Auto Stocks on Dividend Hike Declarations?

Of late, CMI, PAG, LEA, GPI and WGO have impressed investors with dividend hike announcements. Should you consider adding them to your portfolio now?

Other symbols:FGMGPILEAPAGWGO
3 weeks ago - Zacks Investment Research

Insight Enterprises, Cummins, And CVS Health Corp Will Keep Creating Shareholder Value After 2Q21

2Q21 earnings reveal these three Long Ideas continue to have strong upside potential.

Other symbols:CVS
3 weeks ago - Forbes

Are You Looking for a High-Growth Dividend Stock? Cummins (CMI) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

4 weeks ago - Zacks Investment Research

Cummins CEO says the U.S. needs to put a 'cost on carbon' to meet Paris climate accord goals

"Mad Money" host Jim Cramer interviewed Cummins Chairman and CEO Tom Linebarger on Wednesday's episode of the show.

1 month ago - CNBC Television

Why Cummins (CMI) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

1 month ago - Zacks Investment Research

Daimler Truck AG and Cummins Inc. Have Signed Global Framework Agreement for Cooperation in Medium-duty Commercial Ve...

STUTTGART, Germany & COLUMBUS, Ind.--(BUSINESS WIRE)--Daimler Truck AG and U.S.-based global power leader and engine manufacturer Cummins Inc. (NYSE: CMI) announced in February that they would enter int...

1 month ago - Business Wire

Cummins beats on top and bottom lines; may spin off filtration unit

Engine maker and power distribution company Cummins Inc. reported a widespread recovery in Q2 sales and income across the board as it topped analyst estimates for revenue and income. “The strength of th...

1 month ago - FreightWaves

Cummins (CMI) Q2 Earnings Beat Estimates, Surge 113% Y/Y

Cummins (CMI) delivers an earnings beat in Q2, thanks to higher-than-expected sales and EBITDA from Power Systems.

1 month ago - Zacks Investment Research

Cummins (CMI) Surpasses Q2 Earnings and Revenue Estimates

Cummins (CMI) delivered earnings and revenue surprises of 2.22% and 0.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Cummins Stock Gains After Q2 Earnings Beat, Seeks Strategic Alternatives For Filtration Unit

Cummins Inc. (NYSE: CMI) reported second-quarter sales growth of 58.6% year-over-year to $6.11 billion, beating the consensus estimate of $5.99 billion. Sales by segments: Engine $2.5 (+75% Y/Y), Distri...

1 month ago - Benzinga

Cummins Reports Second Quarter 2021 Results

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased 59 percent from the same quarter in 202...

1 month ago - Business Wire

What's in Store for Cummins (CMI) This Earnings Season?

Cummins' (CMI) Q2 results likely to reflect the adverse impact of rising losses from the New Power segment during the June-end quarter.

1 month ago - Zacks Investment Research

Cummins (CMI) Dips More Than Broader Markets: What You Should Know

Cummins (CMI) closed the most recent trading day at $233.80, moving -1.14% from the previous trading session.

1 month ago - Zacks Investment Research

2 Blue Chip Stocks to Buy Before Earnings and Hold for Years

Let's explore two blue chip stocks that investors might want to consider buying as they report Q2 earnings.

1 month ago - Zacks Investment Research

Cummins (CMI) Earnings Expected to Grow: Should You Buy?

Cummins (CMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Cummins (CMI) Gains But Lags Market: What You Should Know

Cummins (CMI) closed the most recent trading day at $239.38, moving +0.61% from the previous trading session.

1 month ago - Zacks Investment Research

Why Cummins (CMI) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

1 month ago - Zacks Investment Research