Cummins Inc. (CMI)
| Market Cap | 41.34B |
| Revenue (ttm) | 34.07B |
| Net Income (ttm) | 735.00M |
| Shares Out | 141.86M |
| EPS (ttm) | 5.15 |
| PE Ratio | 56.59 |
| Forward PE | 15.74 |
| Dividend | $6.72 (2.31%) |
| Ex-Dividend Date | Feb 22, 2024 |
| Volume | 647,668 |
| Open | 293.14 |
| Previous Close | 291.36 |
| Day's Range | 289.70 - 294.08 |
| 52-Week Range | 203.18 - 304.25 |
| Beta | 1.04 |
| Analysts | Hold |
| Price Target | 271.92 (-6.69%) |
| Earnings Date | May 2, 2024 |
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 12 analysts, the average rating for CMI stock is "Hold." The 12-month stock price forecast is $271.92, which is a decrease of -6.69% from the latest price.
News
Cummins stock price forecast: firing on all cylinders
Cummins (NYSE: CMI) stock price has silently surged to a record high, joining other industrial giants like Emerson Electric, Rolls-Royce, and Illinois Tool Works. It has jumped for three straight week...
The EPA Wants Greener Trucks. Why That's Fine for Diesel Engine Giant Cummins.
It makes diesel engines but it also invests in practically everything else.
Cummins Announces Final Results of Exchange Offer and Finalizes Separation of Atmus Filtration Technologies Inc.
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final results of its previously announced offer to its shareholders to exchange their shares of Cu...
Small Investors Could Have Made $5,000 on Cummins Exchange for Atmus Stock
The split-off represented a rare opportunity for small investors to get more lucrative terms than big investors.
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cummins Inc. (CMI)
LOS ANGELES , March 14, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz reminds investors of the upcoming March 15, 2024 deadline to file a lead plaintiff motion in the class action filed on be...
Cummins Announces Preliminary Results of Atmus Filtration Technologies Inc. Exchange Offer
COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that, based on preliminary results, its previously announced offer to its shareholders to exchange their shares o...
FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / March 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the ...
Cummins Inc. Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Cummins Inc. of Deadline in Securities Fraud Class Action Lawsuit
RADNOR, Pa. , March 13, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cummins ...
Accelera fuel cells power locomotive in Austrian project HY2RAIL
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), has reached a significant milestone by successfully commissioning its...
Cummins Announces Final Exchange Ratio of 12.0298 in Split-Off of Atmus Filtration Technologies Inc.
COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final exchange ratio for its previously announced split-off exchange offer to Cummins shareholders to exchang...
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Cummins Inc. - CMI
NEW YORK , March 11, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Cummins Inc. ("Cummins" or the "Company") (NYSE: CMI). Such investors are advised t...
FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / March 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the C...
CUMMINS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cummins Inc. - CMI
NEW ORLEANS , March 8, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 15, 2024 to file lead plaintiff applications in a securiti...
CMI Investors Have Opportunity to Lead Cummins Inc. Securities Fraud Lawsuit
LOS ANGELES , March 8, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agai...
Cummins CEO on driving EV adoption: You need incentives and the right regulatory framework
Jennifer Rumsey, Cummins CEO and Business Roundtable energy & environment committee chair, joins 'Squawk Box' to discuss the state of the economy, SEC's climate change disclosure rules, the company's ...
MARCH 15 DEADLINE: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / March 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the C...
Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Against Cummins Inc. (CMI) and Urges CMI Investors with Substantial Losses to Contact the Firm
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cummins I...
CMI Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Cummins Inc. (CMI) of Deadline in Securities Fraud Class Action Lawsuit
RADNOR, Pa. , March 3, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cummins I...
CUMMINS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cummins Inc. - CMI
NEW ORLEANS , March 1, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 15, ...
Cummins announces innovative next generation X15 diesel engine, part of Cummins HELM™ 15-liter fuel agnostic platform, launching in North America to meet aligned 2027 regulations
COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Today, Cummins Inc. (NYSE: CMI) announced it will launch its most efficient heavy-duty diesel engine ever. As the next product in the Cummins HELM™ 15-liter...
Kirby McInerney LLP Reminds Cummins, Inc. (CMI) Investors of Class Action Filing and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)---- $CMI #ClassActionLawsuit--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Central Dist...
Attention CMI Shareholders: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Securities Fraud Class Action Lawsuit Filed against Cummins Inc. (CMI) and Encourages Investors to Contact the Firm
RADNOR, Pa. , Feb. 24, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cummins In...
CUMMINS SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cummins Inc. - CMI
NEW ORLEANS , Feb. 23, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 15, 2024 to file lead plaintiff applications in a securiti...
ROSEN, A LEADING NATIONAL FIRM, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CMI
NEW YORK , Feb. 23, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21...
Cummins promotes five new leaders to vice president
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewu...