CMS Energy Corporation (CMS)

NYSE
Currency in USD
69.55
+0.10(+0.14%)
Closed
After Hours
69.550.00(0.00%)
CMS Scorecard
Full Analysis
Has raised its dividend for 18 consecutive years
Fair Value
Day's Range
68.3569.68
52 wk Range
56.3172.40
Key Statistics
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Prev. Close
69.55
Open
68.69
Day's Range
68.35-69.68
52 wk Range
56.31-72.4
Volume
2.12M
Average Vol. (3m)
2.19M
1-Year Change
23.89%
Book Value / Share
26.8
Fair Value
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Fair Value Upside
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CMS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
71.62
Upside
+2.98%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth
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CMS Energy Corporation Company Profile

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 270 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,646 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 81,924 miles of electric distribution overhead lines; 9,775 miles of underground distribution lines; and 1,098 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,342 miles of transmission lines; 15 gas storage fields; 28,368 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company 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.

Sector
Utilities
Employees
8324

CMS Energy Corporation SWOT Analysis


Analyst Perspectives
Price targets range from $69 to $77, reflecting varied views on CMS Energy's growth potential amid regulatory challenges and clean energy opportunities
Green Energy Frontie
Explore CMS Energy's strategic focus on clean energy, including upcoming Renewable Energy Plan and potential for incremental contributions from NorthStar subsidiary
Financial Resilience
Strong Q2 2024 performance surpasses estimates, with EPS projections rising from $3.11 in FY2023 to $3.87 by FY2026, showcasing robust growth trajectory
Regulatory Crossroads
CMS Energy navigates complex regulatory landscape while pursuing ambitious clean energy initiatives, balancing growth potential with regulatory uncertainties
Read full SWOT analysis

CMS Energy Corporation Earnings Call Summary for Q3/2024

  • Q3 2024 adjusted EPS up $0.41 to $2.47; 2024 EPS guidance reaffirmed at $3.29-$3.35; 2025 guidance set at $3.52-$3.58
  • 20-year renewable energy plan to be filed, aligning with state clean energy targets; $7 billion reliability roadmap highlighted
  • Positive Q4 2023 variance of $0.14/share expected due to mild weather; negative $0.15/share variance from rising insurance and IT costs
  • Data center demand strong in Michigan; capacity contract pricing expected to increase from $3-$3.50 to $5-$6 per kilowatt month
  • $17 billion capital expenditure projected over five years; $90 million in tax credits from Inflation Reduction Act exceeded expectations
Last Updated: 11/01/2024, 09:17 AM
Read Full Transcript

Compare CMS to Peers and Sector

Metrics to compare
CMS
Peers
Sector
Relationship
P/E Ratio
20.9x21.7x11.9x
PEG Ratio
1.98−0.760.02
Price / Book
2.6x1.7x1.3x
Price / LTM Sales
2.8x2.5x1.6x
Upside (Analyst Target)
5.0%0.0%20.2%
Fair Value Upside
Unlock−24.0%3.8%Unlock

Analyst Ratings

9 Buy
9 Hold
1 Sell
Ratings:
19 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 71.62
(+2.98% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.34
Dividend Yield
3.12%
Industry Median 3.19%
Annualized Payout
2.1700
Paid quarterly
5-Years Growth
+6.13%
Growth Streak

Earnings

Latest Release
Feb 06, 2025
EPS / Forecast
0.87 / 0.87
Revenue / Forecast
1.99B / 2.11B
EPS Revisions
Last 90 days

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FAQ

What Is the CMS Energy (CMS) Stock Price Today?

The CMS Energy stock price today is 69.55

What Stock Exchange Does CMS Energy Trade On?

CMS Energy is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for CMS Energy?

The stock symbol for CMS Energy is "CMS."

Does CMS Energy Pay Dividends? What’s The Current Dividend Yield?

The CMS Energy dividend yield is 3.12%.

What Is the CMS Energy Market Cap?

As of today, CMS Energy market cap is 20.78B.

What is CMS Energy Earnings Per Share?

The CMS Energy EPS is 3.34.

What Is the Next CMS Energy Earnings Date?

CMS Energy will release its next earnings report on Apr 24, 2025.

From a Technical Analysis Perspective, Is CMS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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