CMS Energy Corporation (CMS)
| Market Cap | 20.04B |
| Revenue (ttm) | 7.69B |
| Net Income (ttm) | 1.35B |
| Shares Out | 290.13M |
| EPS (ttm) | 4.66 |
| PE Ratio | 14.83 |
| Forward PE | 23.87 |
| Dividend | $1.79 (2.59%) |
| Ex-Dividend Date | May 5, 2022 |
| Volume | 1,850,797 |
| Open | 69.72 |
| Previous Close | 69.45 |
| Day's Range | 68.82 - 69.76 |
| 52-Week Range | 57.92 - 73.76 |
| Beta | 0.26 |
| Analysts | Buy |
| Price Target | 73.60 (+6.5%) |
| Earnings Date | May 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...
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 StatementsAnalyst 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.
News
Here's Why CMS Energy (CMS) is a Strong Growth Stock
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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...
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.
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.
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.
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?
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.
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
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.
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...
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.
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...
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...
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.
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...
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.
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.
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...
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.
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...
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...
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.
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...
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
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.