Cummins (CMI) Set to Post Earnings on Thursday

Cummins (NYSE:CMI) is projected to issue its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Cummins 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 results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Cummins (NYSE:CMI) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $6.73 earnings per share for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.48). Cummins had a return on equity of 25.29% and a net margin of 7.82%. The business had revenue of $9.46 billion during the quarter, compared to the consensus estimate of $9.33 billion. During the same quarter in the prior year, the business posted $6.43 earnings per share. Cummins’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 Price Performance

CMI opened at $500.00 on Tuesday. 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 has a 52-week low of $426.79 and a 52-week high of $737.76. The stock has a market capitalization of $68.83 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 1.40 and a beta of 1.24. The stock’s 50 day moving average price is $535.00 and its 200-day moving average price is $601.68.

Cummins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Friday, November 20th will be paid a $2.20 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $8.80 dividend on an annualized basis and a yield of 1.8%. Cummins’s dividend payout ratio (DPR) is presently 44.97%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CMI shares. Truist Financial cut their price target on shares of Cummins from $894.00 to $779.00 and set a “buy” rating on the stock in a report on Monday, October 5th. JPMorgan Chase & Co. decreased their price objective on shares of Cummins from $690.00 to $600.00 and set a “neutral” rating for the company in a report on Wednesday, September 23rd. Weiss Ratings cut shares of Cummins from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, August 31st. UBS Group dropped their target price on shares of Cummins from $835.00 to $741.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th. Finally, Wells Fargo & Company cut their target price on shares of Cummins from $760.00 to $608.00 and set an “overweight” rating on the stock in a research note on Monday, October 26th. Thirteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $694.24.

Insider Buying and Selling

In other news, VP Earl Newsome sold 698 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $572.22, for a total transaction of $399,409.56. Following the transaction, the vice president directly owned 4,479 shares of the company’s stock, valued at $2,562,973.38. This represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.30% of the stock is owned by insiders.

Cummins Company Profile

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.