CMS Energy (CMS) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $68.37 to $68.89
• 50-Day Range: $66.36 to $72.10
• 52-Week Range: $55.10 to $72.40
• Volume: 1.96 million shs
• Average Volume: 2.28 million shs
• Market Capitalization: $20.47 billion
• P/E Ratio: 19.58
• Dividend Yield: 3.01%
• Price Target: $70.29
• Consensus Rating: Moderate Buy

CMS Energy Stock Analysis - MarketRank™

CMS Energy scored higher than 90% of companies evaluated by MarketBeat, and ranked 25th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CMS Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CMS Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.51%

Earnings Growth

Earnings for CMS Energy are expected to grow by 7.51% in the coming year, from $3.33 to $3.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CMS Energy is 19.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of CMS Energy is 19.58, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 100.93.

Price to Earnings Growth Ratio

CMS Energy has a PEG Ratio of 2.72. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CMS Energy has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.83% of the outstanding shares of CMS Energy have been sold short.

Short Interest Ratio / Days to Cover

CMS Energy has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in CMS Energy has recently decreased by 7.43%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

CMS Energy pays a meaningful dividend of 3.01%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

CMS Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CMS Energy is 58.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, CMS Energy will have a dividend payout ratio of 57.54% next year. This indicates that CMS Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.7 / 5
• Environmental Score: -7.32

Percentage of Shares Shorted

2.83% of the outstanding shares of CMS Energy have been sold short.

Short Interest Ratio / Days to Cover

CMS Energy has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in CMS Energy has recently decreased by 7.43%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.00

News Sentiment

CMS Energy has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for CMS Energy this week, compared to 9 articles on an average week.

Search Interest

Only 1 people have searched for CMS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

4 people have added CMS Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CMS Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $136,340.00 in company stock.

Percentage Held by Insiders

Only 0.40% of the stock of CMS Energy is held by insiders.

Percentage Held by Institutions

93.57% of the stock of CMS Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CMS Stock Analysis - Frequently Asked Questions

How have CMS shares performed this year?

CMS Energy's stock was trading at $58.07 at the start of the year. Since then, CMS stock has increased by 18.0% and is now trading at $68.52.
View the best growth stocks for 2024 here.

How were CMS Energy's earnings last quarter?

CMS Energy Co. (NYSE:CMS) released its quarterly earnings results on Thursday, October, 31st. The utilities provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.06. CMS Energy's revenue for the quarter was up 4.2% on a year-over-year basis.
Read the conference call transcript.

Does CMS Energy have any subsidiaries?

CMS Energy subsidiaries include 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 (2.55%), Geode Capital Management LLC (2.51%), Perpetual Ltd (0.77%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.72%). 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 American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/02/2024
• Dividend Payable: 8/30/2024
• Last Earnings: 10/31/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Today: 11/20/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric & other services combined
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:CMS
• CUSIP: 12589610
• CIK: 811156
• Web: www.cmsenergy.com
• Phone: (517) 788-0550
• Fax: 517-788-1859
• Employees: 8,356
• Year Founded: 1987

Price Target and Rating

• Average Stock Price Target: $70.29
• High Stock Price Target: $77.00
• Low Stock Price Target: $62.00
• Potential Upside/Downside: +2.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.50
• Trailing P/E Ratio: 19.58
• Forward P/E Ratio: 20.58
• P/E Growth: 2.72
• Net Income: $887 million
• Net Margins: 14.01%
• Pretax Margin: 15.17%
• Return on Equity: 12.81%
• Return on Assets: 3.09%

Debt

• Debt-to-Equity Ratio: 1.86
• Current Ratio: 1.23
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $7.46 billion
• Price / Sales: 2.74
• Cash Flow: $7.15 per share
• Price / Cash Flow: 9.58
• Book Value: $26.83 per share
• Price / Book: 2.55

Miscellaneous

• Outstanding Shares: 298,790,000
• Free Float: 297,201,000
• Market Cap: $20.47 billion
• Optionable: Optionable
• Beta: 0.41