CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segment's transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,431 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,098 miles of electric distribution overhead lines; 10,665 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment's gas transmission, storage, and distribution system comprises 1,672 miles of transmission lines; 15 gas storage fields; 28,194 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. This segment owns interests in independent power plants totaling 1,203 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in Michigan's Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.
Industry, Sector and Symbol
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:CMS
CUSIP12589610
Phone517-788-0550
Debt
Debt-to-Equity Ratio1.96
Current Ratio0.89
Quick Ratio0.71
Price-To-Earnings
Trailing P/E Ratio20.94
Forward P/E Ratio19.50
P/E Growth3.06
Sales & Book Value
Annual Sales$6.58 billion
Price / Sales1.95
Cash Flow$5.3022 per share
Price / Cash8.57
Book Value$15.88 per share
Price / Book2.86
Profitability
EPS (Most Recent Fiscal Year)$2.17
Net Income$460 million
Net Margins7.48%
Return on Equity14.33%
Return on Assets2.90%
Miscellaneous
Employees7,952
Outstanding Shares282,530,000
CMS Energy (NYSE:CMS) Frequently Asked Questions
What is CMS Energy's stock symbol?
CMS Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMS."
How often does CMS Energy pay dividends? What is the dividend yield for CMS Energy?
CMS Energy declared a quarterly dividend on Thursday, April 19th. Investors of record on Friday, May 4th will be paid a dividend of $0.3575 per share on Thursday, May 31st. This represents a $1.43 annualized dividend and a yield of 3.15%. The ex-dividend date is Thursday, May 3rd. View CMS Energy's Dividend History.
How were CMS Energy's earnings last quarter?
CMS Energy Co. (NYSE:CMS) issued its earnings results on Thursday, April, 26th. The utilities provider reported $0.86 EPS for the quarter, beating the Zacks' consensus estimate of $0.82 by $0.04. The utilities provider had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.85 billion. CMS Energy had a return on equity of 14.33% and a net margin of 7.48%. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 earnings per share. View CMS Energy's Earnings History.
When is CMS Energy's next earnings date?
What guidance has CMS Energy issued on next quarter's earnings?
CMS Energy issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $2.30-2.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.33.
What price target have analysts set for CMS?
12 equities research analysts have issued 12 month price objectives for CMS Energy's shares. Their predictions range from $45.00 to $50.00. On average, they anticipate CMS Energy's stock price to reach $47.7273 in the next year. View Analyst Ratings for CMS Energy.
Who are some of CMS Energy's key competitors?
Some companies that are related to CMS Energy include Exelon (EXC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), PG&E (PCG), E.ON SE Sponsored ADR (Germany) (EONGY), WEC Energy Group (WEC), Ameren (AEE), Alliant Energy (LNT), NiSource (NI), Westar Energy (WR), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE), Avista (AVA) and NorthWestern (NWE).
Who are CMS Energy's key executives?
CMS Energy's management team includes the folowing people:
- Ms. Patricia Kessler Poppe, Pres, CEO & Director (Age 49)
- Mr. Rejji P. Hayes, Exec. VP & CFO (Age 43)
- Mr. Garrick J. Rochow, Sr. VP of Operations (Age 43)
- Ms. Catherine M. Reynolds, Sr. VP & Gen. Counsel (Age 61)
- Mr. Glenn P. Barba, VP, Controller & Chief Accounting Officer (Age 52)
Has CMS Energy been receiving favorable news coverage?
News coverage about CMS stock has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CMS Energy earned a media sentiment score of 0.07 on Accern's scale. They also assigned media headlines about the utilities provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are CMS Energy's major shareholders?
CMS Energy's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BLACKROCK INC. (10.30%), BlackRock Inc. (10.27%), JPMorgan Chase & Co. (6.03%), Franklin Resources Inc. (1.88%), Massachusetts Financial Services Co. MA (1.55%) and Eaton Vance Management (1.24%). Company insiders that own CMS Energy stock include Brian F Rich, Catherine M Reynolds, Daniel J Malone, David G Mengebier, Dhenuvakonda Rao Venkat, Garrick J Rochow, Glenn P Barba, Jon E Barfield, Thomas J Webb and William D Harvey. View Institutional Ownership Trends for CMS Energy.
Which institutional investors are selling CMS Energy stock?
CMS stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Millennium Management LLC, BNP Paribas Arbitrage SA, Scout Investments Inc., Thrivent Financial for Lutherans, Russell Investments Group Ltd., Epoch Investment Partners Inc. and State of Tennessee Treasury Department. Company insiders that have sold CMS Energy company stock in the last year include Brian F Rich, Catherine M Reynolds, David G Mengebier, Dhenuvakonda Rao Venkat, Garrick J Rochow, Glenn P Barba and Jon E Barfield. View Insider Buying and Selling for CMS Energy.
Which institutional investors are buying CMS Energy stock?
CMS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Eaton Vance Management, Ceredex Value Advisors LLC, Zimmer Partners LP, Lord Abbett & CO. LLC, Duff & Phelps Investment Management Co., FIL Ltd and Federated Investors Inc. PA. View Insider Buying and Selling for CMS Energy.
How do I buy shares of CMS Energy?
Shares of CMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CMS Energy's stock price today?
One share of CMS stock can currently be purchased for approximately $45.44.
How big of a company is CMS Energy?
CMS Energy has a market capitalization of $12.81 billion and generates $6.58 billion in revenue each year. The utilities provider earns $460 million in net income (profit) each year or $2.17 on an earnings per share basis. CMS Energy employs 7,952 workers across the globe.
How can I contact CMS Energy?
CMS Energy's mailing address is ONE ENERGY PLAZA, JACKSON MI, 49201. The utilities provider can be reached via phone at 517-788-0550 or via email at [email protected]
MarketBeat Community Rating for CMS Energy (CMS)
MarketBeat's community ratings are surveys of what our community members think about CMS Energy and other stocks. Vote "Outperform" if you believe CMS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMS will underperform the S&P 500 over the long term. You may vote once every thirty days.
