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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?

CMS Energy (CMS) Stock Price, News & Analysis

$59.92
+1.67 (+2.87%)
(As of 03/27/2024 ET)
Today's Range
$58.61
$59.96
50-Day Range
$55.61
$60.47
52-Week Range
$49.87
$63.76
Volume
3.54 million shs
Average Volume
2.47 million shs
Market Capitalization
$17.89 billion
P/E Ratio
19.91
Dividend Yield
3.44%
Price Target
$62.09

CMS Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
3.6% Upside
$62.09 Price Target
Short Interest
Bearish
3.90% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.70mentions of CMS Energy in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$202,230 Sold Last Quarter
Proj. Earnings Growth
8.68%
From $3.34 to $3.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.26 out of 5 stars

Utilities Sector

32nd out of 89 stocks

Electric & Other Services Combined Industry

10th out of 18 stocks

CMS stock logo

About CMS Energy Stock (NYSE: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 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.

CMS Stock Price History

CMS Stock News Headlines

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
CMS Energy Corp
The Most Energy-Efficient Manufacturing Plants of 2023
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
Analyst Scoreboard: 8 Ratings For CMS Energy
CMS Energy Corp.
CMS works to shift atmosphere at troubled school
CMS Mar 2024 60.000 put
Ameren (AEE) Rewards Shareholders With 6.3% Dividend Hike
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 2/29 Dividend
2/09/2024
Dividend Payable
2/29/2024
Today
3/27/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
CUSIP
12589610
Employees
8,356
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$62.09
High Stock Price Target
$66.00
Low Stock Price Target
$56.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$887 million
Pretax Margin
12.78%

Debt

Sales & Book Value

Annual Sales
$7.46 billion
Cash Flow
$7.28 per share
Book Value
$26.83 per share

Miscellaneous

Free Float
297,424,000
Market Cap
$17.89 billion
Optionable
Optionable
Beta
0.37
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Should I Buy CMS Energy Stock? CMS Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CMS Energy was last updated on Tuesday, March 26, 2024 at 12:02 AM.

Pros

Here are some ways that investors could benefit from investing in CMS Energy Co.:

  • CMS Energy Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's diversified energy sources, including renewable energy, position it well for future sustainability and growth in the evolving energy market.
  • Recent regulatory approvals for rate increases have positively impacted the company's profitability and cash flow.
  • With a current stock price that is undervalued compared to its industry peers, there is potential for capital appreciation.
  • Strong customer base of 1.9 million electric and 1.8 million gas customers provides a stable revenue stream.

Cons

Investors should be bearish about investing in CMS Energy Co. for these reasons:

  • As a utility company, CMS Energy Co. is subject to regulatory risks that could impact its operations and financial results.
  • Dependence on traditional energy sources like coal and oil may pose challenges in the transition to cleaner energy solutions, affecting long-term sustainability.
  • Fluctuations in commodity prices, especially natural gas, could impact the company's cost structure and profitability.
  • Market competition and potential disruptions in the energy sector could affect CMS Energy Co.'s market share and growth prospects.
  • Interest rate changes and economic downturns could impact the company's borrowing costs and overall financial performance.

CMS Stock Analysis - Frequently Asked Questions

Should I buy or sell CMS Energy stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMS shares.
View CMS analyst ratings
or view top-rated stocks.

What is CMS Energy's stock price target for 2024?

11 Wall Street research analysts have issued twelve-month price objectives for CMS Energy's stock. Their CMS share price targets range from $56.00 to $66.00. On average, they anticipate the company's share price to reach $62.09 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for CMS
or view top-rated stocks among Wall Street analysts.

How have CMS shares performed in 2024?

CMS Energy's stock was trading at $58.07 at the beginning of 2024. Since then, CMS shares have increased by 3.2% and is now trading at $59.92.
View the best growth stocks for 2024 here
.

Are investors shorting CMS Energy?

CMS Energy saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 11,550,000 shares, an increase of 9.6% from the January 31st total of 10,540,000 shares. Based on an average daily trading volume, of 2,310,000 shares, the short-interest ratio is presently 5.0 days.
View CMS Energy's Short Interest
.

When is CMS Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CMS earnings forecast
.

How were CMS Energy's earnings last quarter?

CMS Energy Co. (NYSE:CMS) issued its quarterly earnings results on Thursday, February, 1st. The utilities provider reported $1.05 EPS for the quarter, topping the consensus estimate of $1.04 by $0.01. The utilities provider had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.62 billion. CMS Energy had a net margin of 11.89% and a trailing twelve-month return on equity of 12.09%. The business's revenue for the quarter was down 14.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share.
Read the conference call transcript
.

How often does CMS Energy pay dividends? What is the dividend yield for CMS Energy?

CMS Energy declared a quarterly dividend on Thursday, February 1st. Stockholders of record on Monday, February 12th will be paid a dividend of $0.515 per share on Thursday, February 29th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date is Friday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for CMS
.

Is CMS Energy a good dividend stock?

CMS Energy (NYSE:CMS) pays an annual dividend of $2.06 per share and currently has a dividend yield of 3.51%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 68.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMS will have a dividend payout ratio of 56.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMS.

What guidance has CMS Energy issued on next quarter's earnings?

CMS Energy updated its FY24 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of $3.29-3.35 for the period, compared to the consensus earnings per share estimate of $3.34.

What is John G. Russell's approval rating as CMS Energy's CEO?

5 employees have rated CMS Energy Chief Executive Officer John G. Russell on Glassdoor.com. John G. Russell has an approval rating of 60% among the company's employees. This puts John G. Russell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of CMS Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CMS Energy investors own include AT&T (T), Intel (INTC), Pfizer (PFE), AbbVie (ABBV), Comcast (CMCSA), Cisco Systems (CSCO), Dominion Energy (D), Procter & Gamble (PG), Verizon Communications (VZ) and Boeing (BA).

Who are CMS Energy's major shareholders?

CMS Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.58%), Vanguard Group Inc. (12.58%), Capital International Investors (2.11%), Wells Fargo & Company MN (2.02%), Capital Research Global Investors (1.90%) and Price T Rowe Associates Inc. MD (1.78%). Insiders that own company stock include Brandon J Hofmeister, Brian F Rich, Catherine A Hendrian, Dhenuvakonda Rao Venkat, Glenn P Barba, Jean-Francois Brossoit, John G Russell, Jon E Barfield, Scott B Mcintosh and Shaun M Johnson.
View institutional ownership trends
.

How do I buy shares of CMS Energy?

Shares of CMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does CMS Energy have any subsidiaries?
The following companies are subsidiares of CMS Energy: Beeland Group LLC, CMS Capital L.L.C., CMS ERM Michigan LLC, CMS Electric & Gas L.L.C., CMS Energy Resource Management Company, CMS Engineering Co., CMS Enterprises Company, CMS Enterprises Sustainable Energy LLC, CMS Gas Argentina Company, CMS Gas Transmission Company, CMS Generation Filer City Inc., CMS Generation Filer City Operating LLC, CMS Generation Genesee Company, CMS Generation Grayling Company, CMS Generation Grayling Holdings Company, CMS Generation Holdings Company, CMS Generation Michigan Power L.L.C., CMS Generation Operating Company II Inc., CMS Generation Operating LLC, CMS Generation Recycling Company, CMS International Ventures L.L.C., CMS Land Company, CMS Treasury Services LLC, CMS Venezuela S.A., CMS Viron Corporation, Consumers 2014 Securitization Funding LLC, Consumers Campus Holdings LLC, Consumers Energy Company, Consumers Receivables Funding II LLC, Dearborn Generation Operating L.L.C., Dearborn Industrial Energy L.L.C., Dearborn Industrial Generation L.L.C., Delta Solar Power I LLC, Delta Solar Power II LLC, ENELMAR S.A., ES Services Company, EnerBank USA Inc., Flambeau Solar Partners LLC, GGS Holdings Company, Grand River Solar LLC, Grand River Wind LLC, HCE-Biopower Inc., HYDRA‑CO Enterprises Inc., Hydra-Co Enterprises, IPP Investment Partnership, NWO Holdco L.L.C., New Bern Energy Recovery Inc., Northwest Ohio Wind LLC, and Petal Gas Storage Co.
Read More
This page (NYSE:CMS) was last updated on 3/28/2024 by MarketBeat.com Staff

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