CMS Energy Corporation (CMS)
| Market Cap | 19.90B |
| Revenue (ttm) | 7.48B |
| Net Income (ttm) | 1.04B |
| Shares Out | 298.78M |
| EPS (ttm) | 3.50 |
| PE Ratio | 19.04 |
| Forward PE | 19.30 |
| Dividend | $2.06 (3.09%) |
| Ex-Dividend Date | Nov 13, 2024 |
| Volume | 1,587,937 |
| Open | 65.85 |
| Previous Close | 65.76 |
| Day's Range | 65.65 - 66.82 |
| 52-Week Range | 55.10 - 72.40 |
| Beta | 0.41 |
| Analysts | Buy |
| Price Target | 69.21 (+3.9%) |
| Earnings Date | Jan 30, 2025 |
About CMS
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 mil... [Read more]
Financial Performance
In 2023, CMS Energy's revenue was $7.46 billion, a decrease of -13.19% compared to the previous year's $8.60 billion. Earnings were $877.00 million, an increase of 6.05%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for CMS stock is "Buy." The 12-month stock price forecast is $69.21, which is an increase of 3.90% from the latest price.
News
CMS Energy: Continuing On A Steady Path
CMS Energy, a major Michigan utility, serves 6.8 million residents and has a market cap of $20.03 billion. The company serves most of the state outside of Detroit. The population of Michigan appears r...
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
JACKSON, Mich. , Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation.
Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
JACKSON, Mich. , Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stock.
CMS Energy Corporation (CMS) Q3 2024 Earnings Call Transcript
CMS Energy Corporation (NYSE:CMS) Q3 2024 Earnings Conference Call October 31, 2024 9:30 AM ET Company Participants Jason Shore - Treasurer & VP, IR Garrick Rochow - President & CEO Rejji Hayes - EVP...
CMS Energy Announces Third Quarter Results, Introduces 2025 Guidance
JACKSON, Mich. , Oct. 31, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.84 for the third quarter of 2024, compared to $0.60 per share for the same quarter in 2023.
CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
JACKSON, Mich. , Oct. 21, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
Consumers Energy Foundation Announces $500,000 for Projects in Ogemaw, Genesee Counties
JACKSON, Mich. , Oct. 16, 2024 /PRNewswire/ -- The Consumers Energy Foundation announced its 2024 Prosperity Award Winners today, with recipients in West Branch and Mundy Township each receiving $250,...
CMS Energy to Announce Third Quarter Results on October 31
JACKSON, Mich. , Oct. 10, 2024 /PRNewswire/ -- CMS Energy announced today it will provide 2024 third quarter results along with a business and financial outlook at 9:30 a.m.
CMS Energy: Buy, But Favor The Subsidiary Preferred
CMS Energy is a high-quality utility stock with strong earnings and dividend growth, supported by a favorable regulatory environment in Michigan. Despite many "Hold" recommendations, CMS Energy's cons...
Generating a Brighter Future for Renewable Energy in Arkansas
NorthStar Clean Energy and General Motors launch Newport Solar to help power GM facilities ANN ARBOR, Mich. , Aug. 7, 2024 /PRNewswire/ -- NorthStar Clean Energy proudly announces the official opening...
CMS Energy Corporation (CMS) Q2 2024 Earnings Call Transcript
CMS Energy Corporation (NYSE:CMS) Q2 2024 Results Conference Call July 25, 2024 9:30 AM ET Company Participants Jason Shore - Treasurer & Vice President, Finance & Investor Relations Garrick Rochow -...
CMS Energy Announces Second Quarter Results, Reaffirms 2024 Adjusted EPS Guidance
JACKSON, Mich. , July 25, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.65 for the second quarter of 2024, compared to $0.67 per share for 2023.
Daily Dividend Report: Norfolk Southern, GM, Comcast, Crane, CMS
Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.
NorthStar Clean Energy, an Innovative Renewable Energy and Decarbonization Solutions Provider, relocates headquarters to Ann Arbor, Michigan
ANN ARBOR, Mich. , July 15, 2024 /PRNewswire/ -- NorthStar Clean Energy, a leading innovator in the renewable energy and decarbonization sector, is thrilled to announce the relocation of its corporate...
CMS Energy to Announce 2024 Second Quarter Results on July 25
JACKSON, Mich. , July 3, 2024 /PRNewswire/ -- CMS Energy announced today it will provide 2024 second quarter results along with a business and financial outlook at 9:30 a.m.
CMS Energy: A Midwest Utility Worth Buying
Utilities can provide a source of relatively stable income to shareholders. CMS Energy's operating results were mixed in the first quarter, but its fundamentals appear to be holding up. The electric a...
CMS Energy Director Trades Company's Stock
A substantial insider sell was reported on June 10, by JON BARFIELD, Director at CMS Energy CMS, based on the recent SEC filing.
Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - CMS Energy (NYSE:CMS), PPL (NYSE:PPL)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
CMS Energy Corporation (CMS) Q1 2024 Earnings Call Transcript
CMS Energy Corporation (NYSE:CMS) Q1 2024 Earnings Conference Call April 25, 2024 9:30 AM ET Company Participants Jason Shore - Treasurer & Vice President, Finance & Investor Relations Garrick Rochow...
CMS Energy Announces First Quarter Results for 2024, Reaffirms 2024 Adjusted EPS Guidance
JACKSON, Mich. , April 25, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.96 for the first quarter of 2024, compared to $0.69 per share for 2023.
Consumers Energy And Oncourse Home Solutions Complete Sale of Appliance Service Plan Business
NAPERVILLE, Ill. , April 11, 2024 /PRNewswire/ -- Consumers Energy, a subsidiary of CMS Energy (NYSE: CMS) and Oncourse Home Solutions (OHS), a leader in providing trusted and affordable home warranty...
CONSUMERS ENERGY AND ONCOURSE HOME SOLUTIONS COMPLETE SALE OF APPLIANCE SERVICE PLAN BUSINESS
JACKSON, Mich. , April 11, 2024 /PRNewswire/ -- Consumers Energy, a subsidiary of CMS Energy (NYSE: CMS) and Oncourse Home Solutions (OHS), a leader in providing trusted and affordable home warranty s...
How to invest in AI
Aaron Dunn, co-head of value equity at Morgan Stanley Investment Management, joins CNBC's 'The Exchange' to break down opportunities in tech stocks, AI, and more.
CMS Energy: A Compelling Income And Growth Proposition Right Now
CMS Energy is Michigan's leading electric and gas utility. The company's non-GAAP diluted EPS has grown steadily at a high-single digit rate annually, which should persist. CMS Energy enjoys a BBB+ cr...