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Cummins Inc. (CMI)

Industrials | Specialty Industrial Machinery | Columbus, United States | NYSE
664.39 USD -11.56 (-1.710%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 663.49 -0.90 (-0.900%) ⇩ (July 13, 2026, 7:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 3:27 a.m. EDT

Cummins presents a compelling case of a high-quality business facing a temporary earnings headwind. The company boasts an exceptional 22% return on equity and a nine-year price trajectory that is up nearly 192%, signaling strong underlying capital allocation. However, the current earnings contraction of 21% and sluggish 2.7% revenue growth create a valuation disconnect, pushing the trailing P/E to 35x despite a much cheaper forward P/E of 20x. This suggests the market is pricing in a transition period rather than immediate growth acceleration. On the short end, technicals are neutral with the stock hovering near its 50-day average, while options flow indicates a wide trading range between $630 and $850. For investors, this is a hold-and-watch scenario where the long-term moat remains intact, but the near-term catalyst for earnings recovery is the primary variable to monitor.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.039575
AutoARIMA0.039576
AutoTheta0.041971
MSTL0.044731

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 46%
H-stat 1.52
Ljung-Box p 0.000
Jarque-Bera p 0.601
Excess Kurtosis -0.73
Attribute Value
Sector Industrials
Ex Dividend Date 2026-05-21
Last Dividend Date 2026-05-21
Debt to Equity Ratio 61.621
Revenue per Share 245.475
Market Cap 91,678,564,352
Trailing P/E 34.50
Forward P/E 19.52
Beta 1.22
Profit Margins 7.89%
Website https://www.cummins.com

As of July 11, 2026, 3:27 a.m. EDT: Speculators are positioning for a range-bound outcome with significant open interest walls at $630-$650 for support and $740-$850 for resistance. Implied volatility is elevated at deep out-of-the-money strikes, suggesting uncertainty regarding a breakout or breakdown, though the majority of open interest sits out-of-the-money on both sides.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.31% 1.57% 2.14% 2.35%
Dividend History
Date Dividend Yield %
2026-05-22 2.00000 0.312720
2026-02-20 2.00000 0.337109
2025-11-21 2.00000 0.423271
2025-08-22 2.00000 0.497141
2025-05-23 1.82000 0.573716
2025-02-21 1.82000 0.496021
2024-11-22 1.82000 0.488433
2024-08-23 1.82000 0.588406
2024-05-23 1.68000 0.591758
2024-02-22 1.68000 0.639075
2023-11-22 1.68000 0.748296
2023-08-24 1.68000 0.728061
2023-05-18 1.57000 0.731423
2023-02-23 1.57000 0.633934
2022-11-17 1.57000 0.632096
2022-08-18 1.57000 0.682016
2022-05-19 1.45000 0.718248
2022-02-17 1.45000 0.663039
2021-11-18 1.45000 0.635686
2021-08-19 1.45000 0.626350
2021-05-20 1.35000 0.529059
2021-02-18 1.35000 0.558613
2020-11-19 1.35000 0.579051
2020-08-20 1.31100 0.627273
2020-05-21 1.31100 0.832117
2020-02-20 1.31100 0.784466
2019-11-13 1.31100 0.725552
2019-08-20 1.31100 0.896655
2019-05-23 1.14000 0.715856
2019-02-21 1.14000 0.739923
2018-11-14 1.14000 0.781679
2018-08-21 1.14000 0.784638
2018-05-17 1.08000 0.737907
2018-02-22 1.08000 0.646629
2017-11-16 1.08000 0.646204
2017-08-16 1.08000 0.699572
2017-05-17 1.02500 0.668580
2017-02-22 1.02500 0.673235
2016-11-17 1.02500 0.756849
2016-08-18 1.02500 0.812074
2016-05-18 0.97500 0.880998
2016-02-17 0.97500 0.999692
2015-11-18 0.97500 0.991357
2015-08-19 0.97500 0.765066
2015-05-19 0.78000 0.554963
2015-02-13 0.78000 0.560990
2014-11-18 0.78000 0.538525
2014-08-20 0.78000 0.529603
2014-05-21 0.62500 0.419491
2014-02-19 0.62500 0.446492
2013-11-19 0.62500 0.480769
2013-08-20 0.62500 0.505786
2013-05-22 0.50000 0.425532
2013-02-20 0.50000 0.435426
2012-11-20 0.50000 0.509736
2012-08-20 0.50000 0.486808
2012-05-16 0.40000 0.397575
2012-02-22 0.40000 0.326851
2011-11-17 0.40000 0.422030
2011-08-18 0.40000 0.479962
2011-05-18 0.26300 0.243091
2011-02-16 0.26300 0.236958
2010-11-18 0.26300 0.280354
2010-08-19 0.26300 0.323732
2010-05-19 0.17500 0.255586
2010-02-17 0.17500 0.309954
2009-11-18 0.17500 0.363523
2009-08-19 0.17500 0.393435
2009-05-20 0.17500 0.532725
2009-02-18 0.17500 0.787224
2008-11-19 0.17500 0.890585
2008-08-20 0.17500 0.259221
2008-05-21 0.12500 0.180427
2008-02-20 0.12500 0.236877
2007-11-14 0.12500 0.209065
2007-08-15 0.12500 0.231396
2007-05-16 0.09000 0.202338
2007-02-14 0.09000 0.248756
2006-11-14 0.09000 0.296687
2006-08-16 0.09000 0.298830
2006-05-16 0.07500 0.266904
2006-02-17 0.07500 0.287164
2005-11-14 0.07500 0.345383
2005-08-16 0.07500 0.356803
2005-05-13 0.07500 0.468311
2005-02-17 0.07500 0.412031
2004-11-12 0.07500 0.391850
2004-08-16 0.07500 0.448096
2004-05-12 0.07500 0.551471
2004-02-13 0.07500 0.580159
2003-11-12 0.07500 0.650054
2003-08-13 0.07500 0.625000
2003-05-13 0.07500 0.993377
2003-02-12 0.01875 0.313022
2002-11-26 0.07500 1.010101
2002-08-28 0.07500 0.989772
2002-05-29 0.07500 0.791348
2002-02-27 0.07500 0.712758
2001-11-28 0.07500 0.839396
2001-08-29 0.07500 0.765111
2001-05-30 0.07500 0.719942
2001-02-27 0.07500 0.797872
2000-11-29 0.07500 0.880734
2000-08-30 0.07500 0.849558
2000-05-30 0.07500 0.908231
2000-02-28 0.07500 0.892193
1999-11-29 0.07500 0.718563
1999-08-30 0.06875 0.469083
1999-05-27 0.06875 0.546584
1999-02-25 0.06875 0.667678
1998-11-27 0.06875 0.735786
1998-08-28 0.06875 0.664653
1998-05-28 0.06875 0.518257
1998-02-26 0.06875 0.482986
1997-11-26 0.06875 0.432220
1997-08-28 0.06875 0.354267
1997-05-29 0.06875 0.435644
1997-02-26 0.06250 0.477327
1996-11-27 0.06250 0.552486
1996-08-29 0.06250 0.657895
1996-05-29 0.06250 0.571429
1996-02-28 0.06250 0.586510
1995-11-29 0.06250 0.638978
1995-08-30 0.06250 0.641026
1995-05-25 0.06250 0.543478
1995-02-23 0.06250 0.555556
1994-11-25 0.06250 0.586510
1994-08-26 0.03125 0.302115
1994-05-25 0.03125 0.297619
1994-02-23 0.03125 0.243902
1993-11-24 0.03125 0.260417
1993-08-26 0.00625 0.061444
1993-05-25 0.00625 0.059880
1993-02-23 0.00625 0.058824
1992-11-24 0.00625 0.068966
1992-08-26 0.00625 0.078278
1992-05-26 0.00625 0.068493
1992-02-25 0.00625 0.080321
1991-11-25 0.00625 0.110497
1991-08-26 0.00625 0.129032
1991-05-24 0.00625 0.140845
1991-02-25 0.06875 1.375000
1990-11-26 0.06875 1.641791
1990-08-27 0.06875 1.329305
1990-05-25 0.06875 1.134021
1990-02-23 0.06875 1.212121
1989-11-27 0.06875 1.091811
1989-08-28 0.06875 0.912863
1989-05-25 0.06875 0.802920
1989-02-23 0.06875 0.862745
1988-11-25 0.06875 1.157895
1988-08-26 0.06875 1.189189
1988-05-25 0.06875 1.037736
1988-02-24 0.06875 1.032864
1987-11-24 0.06875 1.179625
1987-08-26 0.06875 0.641399
1987-05-26 0.06875 0.615385
1987-02-24 0.06875 0.686427
1986-11-24 0.06875 0.852713
1986-08-25 0.06875 1.000000
1986-05-23 0.06875 0.752137
1986-02-24 0.06875 0.708535
1985-11-22 0.06875 0.791367
1985-08-26 0.06875 0.867850
1985-05-24 0.06875 0.782918
1985-02-25 0.06875 0.689655
1973-03-02 0.02750 0.558730
Additional Data
dividendRate 8.0
dividendYield 1.18
exDividendDate 2026-05-22
trailingAnnualDividendRate 7.82
trailingAnnualDividendYield 0.011568903
lastDividendValue 2.0
lastDividendDate 2026-05-22
dividendDate 2026-06-04

Info Dump

Attribute Value
52 Week Change 0.9868027
Address1 500 Jackson Street
Address2 Box 3005
All Time High 737.76
All Time Low 1.453125
Ask 663.89
Ask Size 160
Audit Risk 5
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 1,181,650
Average Daily Volume3 Month 1,004,911
Average Volume 1,004,911
Average Volume10Days 1,181,650
Beta 1.222
Bid 663.43
Bid Size 120
Board Risk 5
Book Value 89.507
City Columbus
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 664.39
Current Ratio 1.709
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 674.14
Day Low 660.1201
Debt To Equity 61.621
Display Name Cummins
Dividend Date 1,780,531,200
Dividend Rate 8.0
Dividend Yield 1.18
Earnings Call Timestamp End 1,785,852,000
Earnings Call Timestamp Start 1,785,852,000
Earnings Growth -0.21
Earnings Quarterly Growth -0.206
Earnings Timestamp 1,785,846,600
Earnings Timestamp End 1,785,846,600
Earnings Timestamp Start 1,785,846,600
Ebitda 5,004,000,256
Ebitda Margins 0.14764
Enterprise To Ebitda 19.536
Enterprise To Revenue 2.884
Enterprise Value 97,757,552,640
Eps Current Year 29.21886
Eps Forward 34.03776
Eps Trailing Twelve Months 19.26
Esg Populated 0
Ex Dividend Date 1,779,408,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 678.2362
Fifty Day Average Change -13.846191
Fifty Day Average Change Percent -0.020414999
Fifty Two Week Change Percent 98.68027
Fifty Two Week High 737.76
Fifty Two Week High Change -73.369995
Fifty Two Week High Change Percent -0.09944968
Fifty Two Week Low 335.48
Fifty Two Week Low Change 328.91
Fifty Two Week Low Change Percent 0.9804161
Fifty Two Week Range 335.48 - 737.76
Financial Currency USD
First Trade Date Milliseconds 99,153,000,000
Five Year Avg Dividend Yield 2.31
Float Shares 137,401,234
Forward Eps 34.03776
Forward P E 19.519203
Free Cashflow 1,688,625,024
Full Exchange Name NYSE
Full Time Employees 67,400
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.25847998
Gross Profits 8,760,999,936
Has Pre Post Market Data 1
Held Percent Insiders 0.00211
Held Percent Institutions 0.87878996
Implied Shares Outstanding 137,989,067
Industry Specialty Industrial Machinery
Industry Disp Specialty Industrial Machinery
Industry Key specialty-industrial-machinery
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=112916&p=irol-IRHome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,779,408,000
Last Dividend Value 2.0
Last Fiscal Year End 1,767,139,200
Last Split Date 1,199,318,400
Last Split Factor 2:1
Long Business Summary Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction systems, as well as engineered components, including dosers; turbochargers, fuel systems, and valvetrain technologies; electronic control modules, sensors, and supporting software; and automated manual transmissions, and automatic transmissions for internal combustion engines. In addition, it sells and offers support services power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines; offers application engineering services, custom-designed assemblies, and in-shop and field-based repair services; and retail and wholesale aftermarket parts. Further, the company offers standby and prime power generators, controls, paralleling systems, and transfer switches; turnkey solutions for distributed generation and energy management applications using natural gas, diesel, battery energy storage systems, and newer alternative sustainable fuels; diesel and natural gas high-speed, high-horsepower engines; and A/C generator/alternator products. Additionally, it provides electrified power systems, including batteries, fuel cells, and electric powertrain technologies. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Long Name Cummins Inc.
Market us_market
Market Cap 91,678,564,352
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_265253
Most Recent Quarter 1,774,915,200
Net Income To Common 2,672,999,936
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 93,273,709,838
Number Of Analyst Opinions 19
Open 666.24
Operating Cashflow 3,932,999,936
Operating Margins 0.09764
Overall Risk 2
Payout Ratio 0.4062
Peg Ratio 1.63
Phone 812 377 5000
Post Market Change -0.9000244
Post Market Change Percent -0.13546628
Post Market Price 663.49
Post Market Time 1,783,987,130
Previous Close 675.95
Price Eps Current Year 22.738396
Price Hint 2
Price To Book 7.4227715
Price To Sales Trailing12 Months 2.7048612
Profit Margins 0.07886
Quick Ratio 0.955
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.95455
Region US
Regular Market Change -11.56
Regular Market Change Percent -1.71019
Regular Market Day High 674.14
Regular Market Day Low 660.1201
Regular Market Day Range 660.1201 - 674.14
Regular Market Open 666.24
Regular Market Previous Close 675.95
Regular Market Price 664.39
Regular Market Time 1,783,972,802
Regular Market Volume 380,630
Return On Assets 0.07273
Return On Equity 0.21993999
Revenue Growth 0.027
Revenue Per Share 245.475
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 2
Shares Outstanding 137,989,067
Shares Percent Shares Out 0.0178
Shares Short 2,457,427
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,051,172
Short Name Cummins Inc.
Short Percent Of Float 0.020499999
Short Ratio 2.06
Source Interval 15
State IN
Symbol CMI
Target High Price 901.0
Target Low Price 520.0
Target Mean Price 753.3342
Target Median Price 755.0
Total Cash 3,182,000,128
Total Cash Per Share 23.06
Total Debt 8,240,000,000
Total Revenue 33,894,000,640
Tradeable 0
Trailing Annual Dividend Rate 7.82
Trailing Annual Dividend Yield 0.011568903
Trailing Eps 19.26
Trailing P E 34.495846
Trailing Peg Ratio 1.625
Triggerable 1
Two Hundred Day Average 562.51526
Two Hundred Day Average Change 101.874756
Two Hundred Day Average Change Percent 0.18110576
Type Disp Equity
Volume 380,630
Website https://www.cummins.com
Zip 47,202-3005