CMS Energy Corporation (CMS)
| Market Cap | 18.13B |
| Revenue (ttm) | 8.35B |
| Net Income (ttm) | 1.30B |
| Shares Out | 290.25M |
| EPS (ttm) | 4.47 |
| PE Ratio | 13.97 |
| Forward PE | 20.45 |
| Dividend | $1.84 (2.95%) |
| Ex-Dividend Date | Nov 3, 2022 |
| Volume | 2,102,841 |
| Open | 63.03 |
| Previous Close | 63.45 |
| Day's Range | 61.72 - 63.12 |
| 52-Week Range | 52.41 - 73.76 |
| Beta | 0.34 |
| Analysts | Buy |
| Price Target | 69.55 (+11.35%) |
| Earnings Date | Feb 2, 2023 |
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 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 78.54%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for CMS stock is "Buy." The 12-month stock price forecast is $69.55, which is an increase of 11.35% from the latest price.
News
CMS Energy (CMS) Rewards Shareholders With 6% Dividend Hike
CMS Energy (CMS) increases the quarterly dividend to 48.75 cents per share, reflecting a rise of 6% from the previous payout.
CMS Energy (CMS) Q4 Earnings In Line, '23 EPS Guidance Up
CMS Energy's (CMS) Q4 operating revenues of $2,278 million exceed the Zacks Consensus Estimate of $2,185.3 million by 4.2%. The top line improves 12.1% on a year-over-year basis.
CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 48.75 Cents Per Share
JACKSON, Mich. , Feb. 2, 2023 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 48.75 cents per share, up from 46 cents per s...
CMS Energy Announces Strong 2022 Results for the 20th Consecutive Year and Raises 2023 Adjusted EPS Guidance
JACKSON, Mich. , Feb. 2, 2023 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $2.85 for 2022, compared to $4.66 per share for 2021.
Utilities to Report Q4 Earnings on Feb 2: CMS, WEC & BIP
Let's focus on utilities like CMS Energy Corporation (CMS), WEC Energy (WEC) and Brookfield Infrastructure (BIP), which are set to release fourth-quarter earnings on Feb 2.
What's in the Offing for CMS Energy (CMS) in Q4 Earnings?
CMS Energy's (CMS) Q4 results are likely to reflect the impact of strong load growth, along with increased operating and maintenance expenses.
CMS Energy Announces Partial Return of Capital Tax Treatment on Common Stock Dividends
Note: This is an update to a news release originally issued Jan. 13, 2023. This corrects qualified dividend information in the table below.
CMS Energy (CMS) Earnings Expected to Grow: Should You Buy?
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.
Consumers Energy Makes New $25 Million Contribution to Help Michigan Homes and Businesses with Bills
JACKSON, Mich. , Jan. 19, 2023 /PRNewswire/ -- Consumers Energy today is announcing it will provide $25 million to homes and businesses, a meaningful effort to help customers who are facing challenges...
4 Stocks With Robust Sales Growth for Assured Returns in 2023
Sales growth is vital for the survival of a business, even during an economic slowdown. Conagra Brands (CAG), Signet Jewelers (SIG), CMS Energy (CMS) and Coherent (COHR) are recording top-line growth.
CMS Energy to Announce 2022 Year-End Results on February 2
JACKSON, Mich. , Jan. 12, 2023 /PRNewswire/ -- Jan. 12, 2023 – CMS Energy announced today it will provide 2022 year-end results along with a business and financial outlook at 9:30 a.m.
CMS limiting coverage of Alzheimer's drug not a 'fixed' policy, says FDA's Robert Califf
CNBC's Meg Tirrell and Dr. Robert Califf, FDA commissioner, joins 'Power Lunch' to discuss Biogen's Alzheimer's drug and the health care sector.
Consumers Energy Modernizes Natural Gas Infrastructure with Completion of South Oakland Macomb Network Upgrades
JACKSON, Mich. , Jan. 9, 2023 /PRNewswire/ -- Consumers Energy has completed its upgrade to the South Oakland Macomb Network pipeline, part of its commitment to providing safe, reliable, affordable na...
Consumers Energy to Study Impacts of Its Dams on Local Communities
JACKSON, Mich. , Dec. 19, 2022 /PRNewswire/ -- Consumers Energy is funding an independent study during the first half of 2023 to determine the contribution of its 13 river hydro facilities to local co...
Final Trades: CMS Energy, Mativ & more
The "Halftime Report" traders give their top picks to watch for the second half.
Consumers Energy Provides $7.25 Million to Help Michiganders with Winter Heating Bills
JACKSON, Mich. , Dec. 8, 2022 /PRNewswire/ -- Consumers Energy today is providing $7.25 million to help customers pay heating bills, providing a lifeline to thousands of families just before the start...
CMS Energy CFO Rejii Hayes: The C-Suite Interview
Rejii Hayes often shows up on top CFO lists as a strategic leader who's adept at doing deals, managing multiple stakeholders and driving growth.
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
JACKSON, Mich. , Nov. 14, 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.
Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
JACKSON, Mich. , Nov. 14, 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.
Consumers Energy Foundation Announces $500,000 in Grants for Basic Needs Assistance to Food Bank Council of Michigan, Michigan Association of United Ways
JACKSON, Mich. , Nov. 2, 2022 /PRNewswire/ -- The Consumers Energy Foundation announced today $500,000 in grant funding to help two statewide organizations — the Food Bank Council of Michigan (FBCM) a...
CMS Enterprises Changes Name to NorthStar Clean Energy as it Begins to Serve More Corporate Clients
NorthStar Clean Energy Serves General Motors and Other Large Corporate Clients Nationwide JACKSON, Mich. , Nov. 1, 2022 /PRNewswire/ -- CMS Enterprises announced today that it has taken on a new name ...
CMS Energy (CMS) Q3 Earnings In Line, Revenues Increase Y/Y
CMS Energy's (CMS) operating revenues of $2,024 million exceed the Zacks Consensus Estimate by 14.8%. The top line also improves 17.3% on a year-over-year basis.
CMS Energy (CMS) Q3 Earnings Match Estimates
CMS Energy (CMS) delivered earnings and revenue surprises of 0% and 14.77%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
CMS Energy Announces Strong Third Quarter Results, Raises 2022 Adjusted EPS, Introduces Preliminary 2023 Guidance
JACKSON, Mich. , Oct. 27, 2022 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.56 for the third quarter of 2022, compared to $0.64 per share for the same quarter in 2021.
What's in the Offing for CMS Energy (CMS) in Q3 Earnings?
CMS Energy (CMS) Q3 results are likely to reflect normal weather patterns. Lower operating and maintenance expense must have boosted earnings.