CMS Energy Corporation (CMS)

NYSE: CMS · IEX Real-Time Price · USD
69.08
-0.37 (-0.53%)
May 16, 2022 4:03 PM EDT - Market closed
Market Cap20.04B
Revenue (ttm)7.69B
Net Income (ttm)1.35B
Shares Out290.13M
EPS (ttm)4.66
PE Ratio14.83
Forward PE23.87
Dividend$1.79 (2.59%)
Ex-Dividend DateMay 5, 2022
Volume1,850,797
Open69.72
Previous Close69.45
Day's Range68.82 - 69.76
52-Week Range57.92 - 73.76
Beta0.26
AnalystsBuy
Price Target73.60 (+6.5%)
Earnings DateMay 3, 2022

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...

IndustryMulti-Utilities
Founded1987
CEOPatricia Poppe
Employees8,504
Stock ExchangeNYSE
Ticker SymbolCMS
Full Company Profile

Financial Performance

In 2021, CMS Energy's revenue was $7.33 billion, an increase of 14.19% compared to the previous year's $6.42 billion. Earnings were $1.35 billion, an increase of 79.21%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for CMS stock is "Buy." The 12-month stock price forecast is 73.6, which is an increase of 6.54% from the latest price.

Price Target
$73.6
(6.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here's Why CMS Energy (CMS) is a Strong Growth Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

3 days ago - Zacks Investment Research

Consumers Energy Searching for Landowners to Help Lead Michigan's Clean Energy Transformation

Company seeks acres for new solar plants, creates economic opportunity for landowners, communities JACKSON, Mich. , May 9, 2022 /PRNewswire/ -- Consumers Energy today announced it wants to work with lan...

1 week ago - PRNewsWire

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

JACKSON, Mich. , May 6, 2022 /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.

1 week ago - PRNewsWire

Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock

JACKSON, Mich. , May 6, 2022 /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.

1 week ago - PRNewsWire

CMS Energy (CMS) Q1 Earnings Beat, Revenues Increase Y/Y

CMS Energy's (CMS) Q1 operating revenues of $2,374 million exceed the Zacks Consensus Estimate by 11.5% and also increase 17.9% on a year-over-year basis.

1 week ago - Zacks Investment Research

CMS Energy (CMS) Tops Q1 Earnings and Revenue Estimates

CMS Energy (CMS) delivered earnings and revenue surprises of 6.19% and 11.51%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

CMS Energy Announces Strong First Quarter Results, Reaffirms 2022 Adjusted EPS Guidance

JACKSON, Mich. , May 3, 2022 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $1.21 for the first quarter of 2022, compared to $1.21 per share for the same quarter in 2021.

1 week ago - PRNewsWire

Utility Stocks Q1 Earnings Due on May 3: CNP, EIX & More

Total Q1 earnings of Utility stocks are expected to increase 9.3% year over year, while revenues are likely to decline 8%. CNP, EIX, CMS, PEG & CPK are set to report Q1 results on May 3

Other symbols:CNPCPKEIXPEG
2 weeks ago - Zacks Investment Research

What's in the Offing for CMS Energy (CMS) in Q1 Earnings?

CMS Energy's (CMS) first-quarter results are likely to reflect a mixed impact on its sales, buoyed by favorable new connections and load growth, offset by unfavorable warm weather conditions.

2 weeks ago - Zacks Investment Research

Consumers Energy Proposes Investment to Modernize Grid, Improve Customer Reliability and Lead Clean Energy Transforma...

JACKSON, Mich. , April 27, 2022 /PRNewswire/ -- Consumers Energy proposed a $272 million investment in Michigan's energy future to support a more reliable, resilient, and increasingly clean energy syste...

2 weeks ago - PRNewsWire

Analysts Estimate CMS Energy (CMS) to Report a Decline in Earnings: What to Look Out for

CMS Energy (CMS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Consumers Energy Offers New "Mi Clean Air" Program to Offset Natural Gas Carbon Emissions

Customers can reduce environmental impact from heating homes, businesses JACKSON, Mich. , April 26, 2022 /PRNewswire/ -- Consumers Energy has kicked off a new program for residential and business custom...

2 weeks ago - PRNewsWire

Consumers Energy Foundation Provides $500,000 to Three Projects Protecting Michigan's Environment

Planet Awards Support Projects in Southeast Michigan and Kalamazoo Area   JACKSON, Mich. , April 25, 2022 /PRNewswire/ -- The Consumers Energy Foundation celebrated Earth Month today by providing $500,0...

3 weeks ago - PRNewsWire

CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock

JACKSON, Mich. , April 22, 2022 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.

3 weeks ago - PRNewsWire

Consumers Energy and Key Stakeholders Reach Landmark Agreement to Create Cleaner Energy Future for Michigan

JACKSON, Mich. , April 20, 2022 /PRNewswire/ -- Consumers Energy and key stakeholders throughout Michigan have agreed on a settlement related to the company's Clean Energy Plan, a sweeping proposal to s...

3 weeks ago - PRNewsWire

CMS Energy to Announce 2022 First Quarter Results on May 3

JACKSON, Mich. , April 12, 2022 /PRNewswire/ -- CMS Energy announced today it will provide 2022 first quarter results along with a business and financial outlook at 9:00 a.m.

1 month ago - PRNewsWire

CMS Energy (CMS) to Attain Net-Zero GHG Emissions by 2050

CMS Energy (CMS), along with its primary business, Consumer Energy, pledges to achieve net-zero greenhouse gas emissions from the entire natural gas production and delivery system by 2050.

1 month ago - Zacks Investment Research

CMS Energy to Combat Climate Change by Achieving Net Zero Greenhouse Gas Emissions from Entire Natural Gas System by ...

Company aims for 20-percent customer emissions reduction by 2030 JACKSON, Mich. , March 30, 2022 /PRNewswire/ -- CMS Energy and its primary business, Consumers Energy, today pledged to protect the plane...

1 month ago - PRNewsWire

Is the Options Market Predicting a Spike in CMS Energy (CMS) Stock?

Investors need to pay close attention to CMS Energy (CMS) stock based on the movements in the options market lately.

1 month ago - Zacks Investment Research

CMS Energy Names Christopher Fultz Vice President of Gas Operations

JACKSON, Mich., Feb. 23, 2022 /PRNewswire/ -- CMS Energy and its principal subsidiary Consumers Energy, announced today that Christopher (Chris) Fultz is named vice president of gas operations effective...

2 months ago - PRNewsWire

Consumers Energy Powers Electric Vehicle Transformation, Adding 200 More Chargers Across Michigan in Next Two Years

JACKSON, Mich. , Feb. 21, 2022 /PRNewswire/ -- Consumers Energy is accelerating Michigan's electric vehicle transformation, committing to powering an additional 200 new EV charging stations across the s...

2 months ago - PRNewsWire

Consumers Energy Foundation Calls for Entries in Put Your Town on the Map Competition

JACKSON, Mich., Feb. 15, 2022 /PRNewswire/ -- The Consumers Energy Foundation is bringing back the Put Your Town on the Map pitch competition to provide $50,000 for big ideas in Michigan's small towns.

3 months ago - PRNewsWire

CMS Energy Names Tonya Berry Senior Vice President of Transformation and Engineering

JACKSON, Mich. , Feb. 4, 2022 /PRNewswire/ -- CMS Energy, and its principal subsidiary Consumers Energy, announced today that Tonya Berry is named senior vice president of Transformation and Engineering...

3 months ago - PRNewsWire

CMS Energy (CMS) Q4 Earnings In Line, Revenues Increase Y/Y

CMS Energy's (CMS) Q4 operating revenues of $2,033 million exceed the Zacks Consensus Estimate of $1,754 million by 15.9%. The top line also increases 17.7% on a year-over-year basis

3 months ago - Zacks Investment Research

CMS Energy Announces Strong 2021 Results and Raises 2022 Adjusted EPS Guidance

JACKSON, Mich., Feb. 3, 2022 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $4.66 for 2021, compared to $2.64 per share for 2020.

3 months ago - PRNewsWire