CMS Energy Corporation (CMS)

NYSE: CMS · IEX Real-Time Price · USD
61.43
+0.56 (0.92%)
May 24, 2024, 4:00 PM EDT - Market closed
0.92%
Market Cap 18.35B
Revenue (ttm) 7.35B
Net Income (ttm) 960.00M
Shares Out 298.64M
EPS (ttm) 3.28
PE Ratio 18.73
Forward PE 16.80
Dividend $2.06 (3.35%)
Ex-Dividend Date May 14, 2024
Volume 1,818,405
Open 60.93
Previous Close 60.87
Day's Range 61.43 - 61.43
52-Week Range 49.87 - 63.76
Beta 0.37
Analysts Buy
Price Target 63.25 (+2.96%)
Earnings Date Apr 25, 2024

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]

Sector Utilities
Founded 1987
Employees 8,356
Stock Exchange NYSE
Ticker Symbol CMS
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for CMS stock is "Buy." The 12-month stock price forecast is $63.25, which is an increase of 2.96% from the latest price.

Price Target
$63.25
(2.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

JACKSON, Mich. , May 3, 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.

24 days ago - PRNewsWire

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

JACKSON, Mich. , May 3, 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.

24 days ago - PRNewsWire

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...

Other symbols: PPLSRE
25 days ago - Benzinga

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.

4 weeks ago - PRNewsWire

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

JACKSON, Mich. , April 22, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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.

Other symbols: ACNETNMUNEE
7 weeks ago - CNBC Television

CMS Energy to Announce 2024 First Quarter Results on April 25

JACKSON, Mich. , April 4, 2024 /PRNewswire/ -- CMS Energy announced today it will provide 2024 first quarter results along with a business and financial outlook at 9:30 a.m.

7 weeks ago - PRNewsWire

Consumers Energy Foundation Announces 10 Finalists for $50,000 Put Your Town on the Map Competition

JACKSON, Mich. , March 14, 2024 /PRNewswire/ -- The Consumers Energy Foundation announced today the top 10 finalists for the Put Your Town on the Map Competition, which will provide $50,000 in grant f...

2 months ago - PRNewsWire

ONCOURSE HOME SOLUTIONS ANNOUNCES ACQUISITION OF CONSUMERS ENERGY APPLIANCE SERVICE PLAN BUSINESS

NAPERVILLE, Ill. , Feb. 5, 2024 /PRNewswire/ -- Oncourse Home Solutions (OHS), a leader in providing trusted and affordable home warranty solutions, announced today that its affiliate American Water R...

4 months ago - PRNewsWire

CONSUMERS ENERGY ANNOUNCES THE SALE OF ITS APPLIANCE SERVICE PLAN BUSINESS TO ONCOURSE HOME SOLUTIONS

JACKSON, Mich. , Feb. 5, 2024 /PRNewswire/ -- Consumers Energy, a subsidiary of CMS Energy (NYSE: CMS), today announced that it has executed a definitive agreement to sell its internal business unit, ...

4 months ago - PRNewsWire

CMS Energy Announces Finance and Electric Supply Leadership Changes

Tim Sparks Retires after More Than 30 Years with the Company JACKSON, Mich. , Feb. 1, 2024 /PRNewswire/ -- CMS Energy and its principal subsidiary, Consumers Energy, announced today that Tim Sparks, v...

4 months ago - PRNewsWire

CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 51.50 Cents Per Share

JACKSON, Mich. , Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 51.50 cents per share, up from 48.75 cents pe...

4 months ago - PRNewsWire

CMS Energy Announces Strong 2023 Results for the 21st Consecutive Year and Raises 2024 Adjusted EPS Guidance

JACKSON, Mich. , Feb. 1, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $3.01 for 2023, compared to $2.85 per share for 2022.

4 months ago - PRNewsWire

Consumers Energy and Consumers Energy Foundation Donate More than $11 Million in 2023

Employees and retirees spent more than 65,000 hours volunteering across Michigan JACKSON, Mich. , Jan. 30, 2024 /PRNewswire/ -- The Consumers Energy Foundation, Consumers Energy, and its employees and...

4 months ago - PRNewsWire

Consumers Energy Foundation Planet Awards to Provide $500,000 to Environmental Projects

JACKSON, Mich. , Jan. 26, 2024 /PRNewswire/ -- The Consumers Energy Foundation is calling on nonprofit organizations across the state to submit letters of intent for the 2024 Planet Awards.

4 months ago - PRNewsWire

Consumers Energy Foundation to Award $50,000 for Three Small Towns in Put Your Town on the Map Competition

JACKSON, Mich. , Jan. 23, 2024 /PRNewswire/ -- The Consumers Energy Foundation is calling for entries in the annual Put Your Town on the Map pitch competition, which will provide $50,000 in grant fund...

4 months ago - PRNewsWire

Consumers Energy Offers Tips to Help Households Reduce Winter Heating Bills and Get Help

JACKSON, Mich. , Jan. 16, 2024 /PRNewswire/ -- With frigid cold draped across Michigan this week, Consumers Energy is highlighting programs, dollars and ways to help Michiganders lower and get help wi...

4 months ago - PRNewsWire

CMS Energy to Announce 2023 Year-End Results on February 1

JACKSON, Mich. , Jan. 11, 2024 /PRNewswire/ -- CMS Energy announced today it will provide 2023 year-end results along with a business and financial outlook at 9:30 a.m.

4 months ago - PRNewsWire

Consumers Energy Starts Operating Heartland Farms Wind in Central Michigan

Five Wind Farms Powering 330,000 Households with Clean Energy MIDDLETON, Mich. , Jan. 2, 2024 /PRNewswire/ -- Heartland Farms Wind in Gratiot County is producing clean energy for Michigan homes and bu...

5 months ago - PRNewsWire

Consumers Energy Continues Billion-Dollar Natural Gas Investment to Reduce Long-Term Costs for Customers

Replacing aging infrastructure results in safer, more affordable natural gas JACKSON, Mich. , Dec. 19, 2023 /PRNewswire/ -- Consumers Energy is continuing its $1 billion annual investment in the compa...

5 months ago - PRNewsWire

Consumers Energy Spending More than $1 Million to Reduce Bills and Help People in Disadvantaged Communities

Help for Flint neighborhoods with poor air quality, energy efficiency challenges JACKSON, Mich. , Nov. 6, 2023 /PRNewswire/ -- Consumers Energy has invested more than $1 million this year in initiativ...

7 months ago - PRNewsWire

CMS Energy Announces Third Quarter Results, Introduces 2024 Guidance

JACKSON, Mich. , Oct. 26, 2023 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.60 for the third quarter of 2023, compared to $0.56 per share for the same quarter in 2022.

7 months ago - PRNewsWire

Consumers Energy Foundation Announces $500,000 for Prosperity Award Winners

Grants support Cheboygan Area Arts Council, City of Madison Heights    JACKSON, Mich. , Oct. 19, 2023 /PRNewswire/ -- The Consumers Energy Foundation announced today $500,000 in grant funding as part ...

7 months ago - PRNewsWire