Cummins/CMI

$298.63

-1.39%
-
1D1W1MYTD1YMAX

About Cummins

Cummins Inc. offers complementary business segments that design, manufacture, distribute and service a portfolio of power solutions. Its segments include Components, Engine, Distribution, Power Systems and Accelera. The Components segment sells axles, drivelines, brakes and suspension systems. The Engine segment produces engines and associated parts for sale to customers in on-highway and various off-highway markets. The Distribution segment includes distributorships engaged in wholesaling engines, generator sets, service parts, performing service and repair activities. The Power Systems segment is an integrated power provider, which designs, manufactures and sells engines for industrial applications, standby and prime power generator sets, alternators and others. The Accelera segment designs, manufactures, sells and supports hydrogen production technologies as well as electrified power systems. It sells products to OEMs, distributors, dealers and other customers worldwide.

Ticker

CMI

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Misc. Capital Goods

CEO

Jennifer Rumsey

Employees

75,500

Headquarters

Columbus, United States

Cummins Metrics

BasicAdvanced
$40.84B
Market cap
58.61
P/E ratio
$5.10
EPS
1.03
Beta
$6.50
Dividend rate
2.25%
Dividend yield
$40.84B
1.03477
$304.25
$203.18
3.22M
$6.50
1.178
0.738
54.26
75.661
125.31%
2.7%
8.25%
4.71%
58.608
1.199
4.785
10.658
22.293
2.56%
2.18%
2.25%
21.34%
-66.29%
19.8%
-24.58%
7.15%

What the Analysts think about Cummins

Analyst Ratings

Majority rating from 24 analysts.
Hold

Price Targets

Average projection from 16 analysts.
3.04% downside
High $360.00
Low $243.00
$298.63
Current price
$289.56
Average price target

Cummins Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-16.75% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$8.54B
1.33%
Net income
$-1.43B
-318.14%
Profit margin
-16.75%
-315.3%

Cummins Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 11.44%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$5.55
$5.05
$4.59
$3.97
-
Expected
$4.75
$5.29
$4.68
$4.48
$5.15
Surprise
16.92%
-4.55%
-2.03%
-11.44%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Cummins stock?

Cummins (CMI) has a market cap of $40.84B as of April 15, 2024.

What is the P/E ratio for Cummins stock?

The price to earnings (P/E) ratio for Cummins (CMI) stock is 58.61 as of April 15, 2024.

Does Cummins stock pay dividends?

Yes, the Cummins (CMI) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $6.5 and the yield is 2.25%. Cummins has a payout ratio of 125.31% on a trailing twelve-month basis.

When is the next Cummins dividend payment date?

The next Cummins (CMI) dividend payment date is unconfirmed.

What is the beta indicator for Cummins?

Cummins (CMI) has a beta rating of 1.03. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Cummins stock price target?

The target price for Cummins (CMI) stock is $289.56, which is 3.04% below the current price of $298.63. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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