QQQ   423.83 (-0.47%)
AAPL   166.97 (-0.61%)
MSFT   405.43 (-1.56%)
META   501.94 (+1.57%)
GOOGL   156.24 (+0.50%)
AMZN   179.21 (-1.14%)
TSLA   150.93 (-2.91%)
NVDA   846.26 (+0.70%)
AMD   154.65 (+0.41%)
NIO   4.01 (+2.56%)
BABA   68.88 (+0.09%)
T   16.24 (+0.74%)
F   12.02 (-0.17%)
MU   112.74 (-3.09%)
GE   153.92 (-1.12%)
CGC   8.05 (+24.04%)
DIS   113.02 (+0.07%)
AMC   2.92 (-2.01%)
PFE   25.33 (-0.35%)
PYPL   62.18 (-1.71%)
XOM   118.25 (-0.32%)
QQQ   423.83 (-0.47%)
AAPL   166.97 (-0.61%)
MSFT   405.43 (-1.56%)
META   501.94 (+1.57%)
GOOGL   156.24 (+0.50%)
AMZN   179.21 (-1.14%)
TSLA   150.93 (-2.91%)
NVDA   846.26 (+0.70%)
AMD   154.65 (+0.41%)
NIO   4.01 (+2.56%)
BABA   68.88 (+0.09%)
T   16.24 (+0.74%)
F   12.02 (-0.17%)
MU   112.74 (-3.09%)
GE   153.92 (-1.12%)
CGC   8.05 (+24.04%)
DIS   113.02 (+0.07%)
AMC   2.92 (-2.01%)
PFE   25.33 (-0.35%)
PYPL   62.18 (-1.71%)
XOM   118.25 (-0.32%)
QQQ   423.83 (-0.47%)
AAPL   166.97 (-0.61%)
MSFT   405.43 (-1.56%)
META   501.94 (+1.57%)
GOOGL   156.24 (+0.50%)
AMZN   179.21 (-1.14%)
TSLA   150.93 (-2.91%)
NVDA   846.26 (+0.70%)
AMD   154.65 (+0.41%)
NIO   4.01 (+2.56%)
BABA   68.88 (+0.09%)
T   16.24 (+0.74%)
F   12.02 (-0.17%)
MU   112.74 (-3.09%)
GE   153.92 (-1.12%)
CGC   8.05 (+24.04%)
DIS   113.02 (+0.07%)
AMC   2.92 (-2.01%)
PFE   25.33 (-0.35%)
PYPL   62.18 (-1.71%)
XOM   118.25 (-0.32%)
QQQ   423.83 (-0.47%)
AAPL   166.97 (-0.61%)
MSFT   405.43 (-1.56%)
META   501.94 (+1.57%)
GOOGL   156.24 (+0.50%)
AMZN   179.21 (-1.14%)
TSLA   150.93 (-2.91%)
NVDA   846.26 (+0.70%)
AMD   154.65 (+0.41%)
NIO   4.01 (+2.56%)
BABA   68.88 (+0.09%)
T   16.24 (+0.74%)
F   12.02 (-0.17%)
MU   112.74 (-3.09%)
GE   153.92 (-1.12%)
CGC   8.05 (+24.04%)
DIS   113.02 (+0.07%)
AMC   2.92 (-2.01%)
PFE   25.33 (-0.35%)
PYPL   62.18 (-1.71%)
XOM   118.25 (-0.32%)
NYSE:CMS

CMS Energy (CMS) Stock Price, News & Analysis

$58.36
+0.11 (+0.19%)
(As of 03:03 PM ET)
Today's Range
$57.82
$58.60
50-Day Range
$56.08
$60.47
52-Week Range
$49.87
$63.76
Volume
788,226 shs
Average Volume
2.41 million shs
Market Capitalization
$17.43 billion
P/E Ratio
19.39
Dividend Yield
3.53%
Price Target
$62.64

CMS Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
7.9% Upside
$62.64 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
0.69mentions of CMS Energy in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$202,230 Sold Last Quarter
Proj. Earnings Growth
8.11%
From $3.33 to $3.60 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.

4.03 out of 5 stars

Utilities Sector

39th out of 93 stocks

Electric & Other Services Combined Industry

10th out of 17 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

CMS Energy (CMS) Set to Announce Earnings on Thursday
Henry Kissinger’s chilling AI warning
Not long before his death in 2023, Henry Kissinger wrote about a "world of potentially total destructiveness and substantial uncertainty." He was talking about the advent of generative artificial intelligence (AI)... And how we are woefully unprepared for the consequences this technology could bring.
Barclays Sticks to Its Buy Rating for Dominion Energy (D)
Barclays Remains a Hold on CMS Energy (CMS)
Henry Kissinger’s chilling AI warning
Not long before his death in 2023, Henry Kissinger wrote about a "world of potentially total destructiveness and substantial uncertainty." He was talking about the advent of generative artificial intelligence (AI)... And how we are woefully unprepared for the consequences this technology could bring.
What 10 Analyst Ratings Have To Say About CMS Energy
See More Headlines
Receive CMS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CMS Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 2/29 Dividend
2/09/2024
Dividend Payable
2/29/2024
Today
4/18/2024
Next Earnings (Confirmed)
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
$62.64
High Stock Price Target
$66.00
Low Stock Price Target
$56.00
Potential Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$887 million
Pretax Margin
12.78%

Debt

Sales & Book Value

Annual Sales
$7.46 billion
Cash Flow
$7.20 per share
Book Value
$26.83 per share

Miscellaneous

Free Float
297,035,000
Market Cap
$17.39 billion
Optionable
Optionable
Beta
0.38
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Should I Buy CMS Energy Stock? CMS Pros and Cons Explained

Pros

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

  • CMS Energy Co. has a stable dividend policy, with a recent increase in quarterly dividend from $0.49 to $0.515 per share, indicating a commitment to rewarding shareholders.
  • The company reported a solid earnings per share of $1.05 for the quarter, beating the consensus estimate by $0.01, showcasing strong financial performance.
  • CMS Energy Co. operates in the energy sector, which is essential and relatively stable, providing a consistent revenue stream.
  • The stock price of CMS Energy Co. has been showing an upward trend, reaching a 1-year high of $63.76, indicating positive market sentiment.
  • The company has a diversified energy portfolio, including coal, wind, gas, renewable energy, oil, and nuclear sources, reducing dependency on a single energy source.

Cons

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

  • The revenue for the quarter was below analysts' expectations, indicating a potential slowdown in business growth.
  • The company's payout ratio of 64.78% suggests a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for future growth.
  • CMS Energy Co. experienced a decrease in revenue by 14.4% on a year-over-year basis, signaling a challenging operating environment.
  • The debt-to-equity ratio of 1.84 may raise concerns about the company's leverage and financial stability.
  • Despite the positive aspects, the beta of 0.37 suggests that the stock may be less volatile than the market, potentially limiting potential returns for investors seeking higher risk-reward opportunities.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these CMS Energy pros and cons to contact@marketbeat.com.

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 4 hold ratings and 7 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 analysts have issued 1 year price objectives for CMS Energy's stock. Their CMS share price targets range from $56.00 to $66.00. On average, they expect the company's share price to reach $62.64 in the next twelve months. This suggests a possible upside of 7.9% 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 the year. Since then, CMS stock has decreased by 0.0% and is now trading at $58.05.
View the best growth stocks for 2024 here
.

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 can I listen to CMS Energy's earnings call?

CMS Energy will be holding an earnings conference call on Thursday, April 25th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were CMS Energy's earnings last quarter?

CMS Energy Co. (NYSE:CMS) released its quarterly earnings data on Thursday, February, 1st. The utilities provider reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.01. The utilities provider earned $1.95 billion during 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 firm's revenue was down 14.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS.
Read the conference call transcript
.

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

CMS Energy announced 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 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Friday, February 9th. This is an increase 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 3.62%. 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 57.22% 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 issued an update on 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 retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.87%), Miller Howard Investments Inc. NY (0.22%), AMF Tjanstepension AB (0.15%), Hennessy Advisors Inc. (0.06%), Ausbil Investment Management Ltd (0.02%) and Czech National Bank (0.02%). 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 4/18/2024 by MarketBeat.com Staff

From Our Partners