How to Buy Cummins Stock
Cummins Inc
Cummins is a specialty industrial machinery company located in Indiana, United States, which is part of the Industrials sector, and is traded under the ticker CMI on the NYSE exchange.
Cummins stock last closed at $319.53, down 1.6% from the previous day, and has increased 18.18% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.11 percentage points. Cummins stock is currently +22.89% from its 52-week low of $260.02, and -17.63% from its 52-week high of $387.90.
There are currently 137.75M CMI shares outstanding. The market value of CMI is $44.02B. In the last 24 hours, 554,000 CMI shares were traded.
How to Buy Cummins Stock
Wondering how to invest in Cummins stock? Here's how.
- Decide where to buy Cummins stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Cummins stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- Research Cummins stock: The Cummins ticker symbol is CMI. Is Cummins stock a good investment? Should you buy shares of CMI? How do CMI's underlying business fundamentals look? Do top analysts think Cummins is a good buy? Why has CMI's stock price moved recently? (Hint: Our stock market research website can help you figure out if CMI is a good stock to buy).
- Place your CMI trade: Decide if you will purchase CMI shares at the current market price or use a limit order to purchase CMI stock at a particular price.
- Keep tabs on your investment in CMI: Create a watchlist to important notifications about your position in Cummins stock.
Step 1: Decide where to buy Cummins stock
You need an online brokerage account in order to access the NYSE market and buy CMI stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you can buy CMI stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your brokerage account
Now that you've opened your account on investing apps, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing money into your new investment account.
Step 4: Research Cummins stock
After you have identified the best place to buy Cummins stock, it's important to evaluate their stock before you buy, so you can wrap your head around the risk and opportunity.
Cummins shares quick numbers
Fundamentals of Cummins
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CMI's stock page.
Is CMI stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CMI's true value.
Using relative valuations methods:
- CMI may be undervalued based on its P/E ratio of 15.76x, relative to Specialty Industrial Machinery industry P/E ratio of 25.25x
- CMI may be undervalued based on its P/B ratio of 4.03x, relative to Specialty Industrial Machinery industry P/B ratio of 5.57x
- CMI could be overvalued based on its PEG ratio of 2.62x
You can access more valuation analysis on CMI's stock here.
CMI Financial Health Overview
Pros:
- CMI profit margin has gone up from 5.7% to 8.2% in the past year.
- CMI earnings of $4.04B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CMI balance sheet.
- There are more short-term assets than long-term liabilities on the CMI balance sheet.
Cons:
- Total CMI debt is higher than 5 years ago, relative to shareholder equity.
- CMI's operating cash flow of $1.21B allows it to safely service it's debt of $7.49B.
- CMI has a relatively high debt to equity ratio of 1.88.
Is Cummins stock a Buy, Hold, or Sell, according to analysts?
Out of 10 Wall Street analysts who give ratings on CMI, the consensus analyst rating on CMI is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest CMI Analyst Ratings
David Leiker, a bottom 14% analyst from Baird maintains CMI with a hold rating and lowers their CMI price target from $407.00 to $315.00, on Apr 15, 2025.
Jamie Cook, a top 9% analyst from Truist Securities maintains CMI with a hold rating and lowers their CMI price target from $420.00 to $338.00, on Apr 8, 2025.
Steven Fisher, a top 10% analyst from UBS downgrades CMI to a strong sell rating and lowers their CMI price target from $400.00 to $240.00, on Apr 7, 2025.
Adam Seiden, a top 41% analyst from Barclays maintains CMI with a hold rating and raises their CMI price target from $310.00 to $381.00, on Feb 5, 2025.
Michael Feniger, a top 40% analyst from Bank of America upgrades CMI to a hold rating and raises their CMI price target from $354.00 to $358.00, on Jan 14, 2025.
You can dig deeper into what analysts are saying on the Cummins stock forecast page.
CMI Trading Indicators
How is CMI performing as a company?
Last year, CMI earnings were $2.78B. Over the last 5 year, CMI's earnings have grown by 8.09% per year. This was faster than the Specialty Industrial Machinery industry average of 6.96%.
Last year, CMI revenue was $33.87B. In the past five year, CMI's revenue has grown by 8.45% per year. This was faster than the Specialty Industrial Machinery industry average of 3.81%.
Learn more about CMI's earnings and revenue performance here.
Are CMI executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at CMI have sold more shares than they have bought.
John H. Stone, Director of CMI, was the latest CMI insider to buy. They bought $332,080.00 worth of CMI stock on May 16, 2025.
Learn more about who owns CMI stock here.
Can I get consistent income from CMI stock?
Cummins pays a dividend of 2.28%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.23%. If you owned $1,000 of CMI stock, you would have received $22.78 in the past 12 months.
Cummins dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Cummins dividend yield and history here.
CMI Social Trading Data
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Step 5: Place your CMI trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require more info about investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in CMI
Now that you own some shares in CMI, you'll want to keep up with your shares.
Make a watchlist to get notified of important updates regarding your CMI stock.
CMI Feed
How to Buy Stock in Cummins
To summarize, here are the 6 steps to buy Cummins stock:
- Decide where to buy Cummins stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Cummins stock
- Place your CMI trade
- Keep tabs on your investment in CMI
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Cummins, create a watchlist on WallStreetZen today.
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