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NYSE:CMS

CMS Energy (CMS) Stock Price, News & Analysis

$68.01
-0.30 (-0.44%)
(As of 09/6/2024 ET)
Today's Range
$67.96
$68.78
50-Day Range
$58.70
$69.16
52-Week Range
$49.87
$69.66
Volume
1.75 million shs
Average Volume
2.31 million shs
Market Capitalization
$20.31 billion
P/E Ratio
20.73
Dividend Yield
3.03%
Price Target
$67.33

CMS Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
1.0% Downside
$67.33 Price Target
Short Interest
Healthy
2.73% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.99mentions of CMS Energy in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$243,451 Sold Last Quarter
Proj. Earnings Growth
8.41%
From $3.33 to $3.61 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.

4.30 out of 5 stars

Utilities Sector

24th out of 93 stocks

Electric & Other Services Combined Industry

6th 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

CMS Energy (NYSE:CMS) Trading Up 0.3% Following Analyst Upgrade
CMS Energy (NYSE:CMS) Trading Up 0.2% on Analyst Upgrade
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
CMS Energy (CMS) Gets a Buy from Bank of America Securities
CMS Energy (NYSE:CMS) Shares Up 0.9% Following Analyst Upgrade
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
CMS Energy (NYSE:CMS) PT Raised to $63.00
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 8/30 Dividend
8/02/2024
Dividend Payable
8/30/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
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
$67.33
High Stock Price Target
$75.00
Low Stock Price Target
$62.00
Potential Upside/Downside
-1.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

Net Income
$887 million
Pretax Margin
14.11%

Debt

Sales & Book Value

Annual Sales
$7.41 billion
Cash Flow
$7.14 per share
Book Value
$27.84 per share

Miscellaneous

Free Float
297,440,000
Market Cap
$20.31 billion
Optionable
Optionable
Beta
0.40
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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 consistently increased its dividend payout over the years, providing investors with a reliable income stream. The current dividend yield of 3.01% is attractive for income-oriented investors.
  • Analysts have given CMS Energy Co. positive ratings, with an average rating of "Moderate Buy" and a consensus price target of $67.33, indicating potential for stock price appreciation.
  • The company's recent earnings report showed a positive EPS of $0.66 for the quarter, beating the consensus estimate, reflecting strong financial performance.
  • CMS Energy Co. operates in the energy sector, which is essential and relatively stable, providing a defensive investment option for risk-averse investors.
  • With a 12-month low of $49.87 and a 12-month high of $67.77, CMS Energy Co.'s stock has shown resilience and potential for capital gains.

Cons

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

  • The recent dividend cut by CMS Energy Co. may raise concerns among investors about the company's financial health and future dividend sustainability.
  • Despite positive analyst ratings, the stock market can be volatile, and there is always a level of uncertainty in stock price movements, which may pose risks to investors.
  • The company's revenue in the last quarter was below the consensus estimate, indicating potential challenges in revenue growth and overall business performance.
  • While the dividend yield is attractive, the dividend payout ratio of 62.80% suggests that a significant portion of earnings is distributed as dividends, potentially limiting reinvestment for growth.
  • Investing in the energy sector comes with regulatory and environmental risks, which could impact CMS Energy Co.'s operations and profitability in the long term.
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 Wednesday, September 4, 2024. Please send any questions or comments about these CMS Energy pros and cons to contact@marketbeat.com.

CMS Stock Analysis - Frequently Asked Questions

How have CMS shares performed this year?

CMS Energy's stock was trading at $58.07 at the beginning of 2024. Since then, CMS stock has increased by 17.1% and is now trading at $68.01.
View the best growth stocks for 2024 here
.

How were CMS Energy's earnings last quarter?

CMS Energy Co. (NYSE:CMS) posted its earnings results on Thursday, July, 25th. The utilities provider reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.03. The company's revenue was up 3.3% on a year-over-year basis.
Read the conference call transcript
.

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.

Does CMS Energy have any subsidiaries?

CMS Energy subsidiaries include these companies: Petal Gas Storage Co, Hydra-Co Enterprises, Beeland Group LLC, CMS Capital L.L.C., CMS Electric & Gas L.L.C., CMS Energy Resource Management Company, CMS Engineering Co., and more.

Who are CMS Energy's major shareholders?

CMS Energy's top institutional investors include Massachusetts Financial Services Co. MA (2.31%), American Century Companies Inc. (0.54%), Duff & Phelps Investment Management Co. (0.54%) and iA Global Asset Management Inc. (0.52%). Insiders that own company stock include John G Russell, Brian F Rich, Brandon J Hofmeister, Shaun M Johnson, Catherine A Hendrian, Dhenuvakonda Rao Venkat, Scott B Mcintosh and Jon E Barfield.
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.

What other stocks do shareholders of CMS Energy own?

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

This page (NYSE:CMS) was last updated on 9/7/2024 by MarketBeat.com Staff

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