Cummins (CMI) Expected to Announce Quarterly Earnings on Thursday

Cummins (NYSE:CMI – Get Free Report) is projected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $8.21 per share and revenue of $9.87 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Cummins (NYSE:CMI – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $6.73 earnings per share for the quarter, missing the consensus estimate of $7.21 by ($0.48). Cummins had a net margin of 7.82% and a return on equity of 25.29%. The company had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $9.33 billion. During the same quarter last year, the business posted $6.43 EPS. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, analysts expect Cummins to post $29.98 EPS for the current fiscal year and $35.12 EPS for the next fiscal year.

Cummins Stock Performance

NYSE CMI opened at $529.59 on Thursday. Cummins has a 52-week low of $418.77 and a 52-week high of $737.76. The company has a fifty day moving average of $540.40 and a 200-day moving average of $602.50. The company has a market capitalization of $72.90 billion, a P/E ratio of 27.06, a P/E/G ratio of 1.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.13 and a current ratio of 1.73.

Cummins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Friday, November 20th will be given a dividend of $2.20 per share. The ex-dividend date is Friday, November 20th. This represents a $8.80 annualized dividend and a dividend yield of 1.7%. Cummins’s dividend payout ratio is 44.97%.

Insider Buying and Selling at Cummins

In other news, VP Earl Newsome sold 698 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $572.22, for a total value of $399,409.56. Following the transaction, the vice president owned 4,479 shares in the company, valued at approximately $2,562,973.38. This trade represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Citigroup dropped their target price on Cummins from $790.00 to $630.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Truist Financial reduced their price target on shares of Cummins from $894.00 to $779.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. JPMorgan Chase & Co. decreased their price target on shares of Cummins from $690.00 to $600.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 23rd. UBS Group lowered their price objective on shares of Cummins from $835.00 to $741.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Finally, Evercore cut their price objective on shares of Cummins from $845.00 to $782.00 and set an “outperform” rating for the company in a research note on Tuesday, August 11th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $694.24.

Read Our Latest Stock Report on CMI

Cummins Company Profile

(Get Free Report)

Cummins Inc is a global power technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services engines and power systems for commercial vehicles, industrial equipment, mining, construction, agriculture, marine applications and other markets.

Cummins’ product portfolio includes diesel and natural gas engines, generators and other power-generation equipment, as well as fuel systems, filtration products, emissions-control systems, turbochargers and drivetrain components.

Further Reading

Earnings History for Cummins (NYSE:CMI)

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