NYSE:CMSCMS Energy Stock Price, Forecast & News

$55.97

+0.29 (+0.52 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$55.22

Now: $55.97▼

$56.54

50-Day Range

$53.68

MA: $57.84▼

$63.17

52-Week Range

$46.03

Now: $55.97▼

$69.17

Volume1.77 million shs

Average Volume1.99 million shs

Market Capitalization$16.02 billion

P/E Ratio22.39

Dividend Yield2.93%

Beta0.2

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. The segment generates electricity through coal, gas, renewable energy, oil, and nuclear sources. Its transmission and distribution system includes 214 miles of transmission overhead lines; 195 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,435 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,152 miles of electric distribution overhead lines; 10,817 miles of underground distribution lines; substations; and a battery facility. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas. Its gas transmission, storage, and distribution system consists of 1,666 miles of transmission lines; 15 gas storage fields; 28,404 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 owns interests in independent power plants totaling 1,335 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.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
CMS Energy has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 7 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.61, CMS Energy has a potential upside of 13.6% from its current price of $55.97.
Amount of Analyst Coverage
CMS Energy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
CMS Energy has received 494 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CMS Energy has received 480 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CMS Energy has received 50.72% “outperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
CMS Energy is a leading dividend payer. It pays a dividend yield of 2.93%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CMS Energy has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of CMS Energy is 65.46 %. 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 57.60 % next year. This indicates that CMS Energy will be able to sustain or increase its dividend.

1.0 Company Ownership

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 $761,599.00 in company stock.
Percentage Held by Insiders
Only 0.50% of the stock of CMS Energy is held by insiders.
Percentage Held by Institutions
92.27% of the stock of CMS Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for CMS Energy are expected to grow by 8.43% in the coming year, from $2.61 to $2.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CMS Energy is 22.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of CMS Energy is 22.39, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 27.47.
Price to Earnings Growth Ratio
CMS Energy has a PEG Ratio of 3.09. 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 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.43 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electric & other services combined

Sub-IndustryMulti-Utilities

SectorUtilities

Current SymbolNYSE:CMS

Previous Symbol

CUSIP12589610

CIK811156

Webwww.cmsenergy.com

Phone517-788-0550

Debt

Debt-to-Equity Ratio2.42

Current Ratio0.96

Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio22.39

Forward P/E Ratio21.44

P/E Growth3.09

Sales & Book Value

Annual Sales$6.85 billion

Price / Sales2.34

Cash Flow$6.02 per share

Price / Cash Flow9.30

Book Value$18.25 per share

Price / Book3.07

Profitability

EPS (Most Recent Fiscal Year)$2.49

Net Income$680 million

Net Margins10.68%

Return on Equity14.68%

Return on Assets2.80%

Miscellaneous

Employees8,789

Outstanding Shares286,220,000

Market Cap$16.02 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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CMS Energy (NYSE:CMS) Frequently Asked Questions

How has CMS Energy's stock been impacted by COVID-19 (Coronavirus)?

CMS Energy's stock was trading at $63.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CMS shares have decreased by 11.5% and is now trading at $55.97. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CMS Energy?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CMS Energy.

When is CMS Energy's next earnings date?

CMS Energy is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for CMS Energy.

How were CMS Energy's earnings last quarter?

CMS Energy Co. (NYSE:CMS) posted its quarterly earnings results on Monday, April, 27th. The utilities provider reported $0.86 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.07. The utilities provider had revenue of $1.86 billion for the quarter, compared to analyst estimates of $2.07 billion. CMS Energy had a return on equity of 14.68% and a net margin of 10.68%. CMS Energy's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. View CMS Energy's earnings history.

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

CMS Energy announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 15th will be given a dividend of $0.4075 per share on Friday, May 29th. This represents a $1.63 annualized dividend and a yield of 2.91%. The ex-dividend date is Thursday, May 14th. View CMS Energy's dividend history.

What guidance has CMS Energy issued on next quarter's earnings?

CMS Energy updated its FY20 earnings guidance on Monday, April, 27th. The company provided earnings per share guidance of $2.64-2.68 for the period, compared to the Thomson Reuters consensus estimate of $2.63.

What price target have analysts set for CMS?

16 brokerages have issued 12 month price objectives for CMS Energy's shares. Their forecasts range from $55.00 to $76.00. On average, they anticipate CMS Energy's stock price to reach $63.61 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View analysts' price targets for CMS Energy.

Has CMS Energy been receiving favorable news coverage?

Media headlines about CMS stock have been trending somewhat negative on Thursday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CMS Energy earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCMS Energy.

Are investors shorting CMS Energy?

CMS Energy saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,340,000 shares, a decrease of 5.9% from the April 15th total of 3,550,000 shares. Based on an average daily volume of 2,720,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.2% of the shares of the company are short sold. View CMS Energy's Current Options Chain.

Who are some of CMS Energy's key competitors?

Some companies that are related to CMS Energy include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), Alliant Energy (LNT), NiSource (NI), CenterPoint Energy (CNP), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA). View all competitors.

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), Verizon Communications (VZ), Cisco Systems (CSCO), Walt Disney (DIS), Starbucks (SBUX), Dominion Energy (D), Home Depot (HD), Intel (INTC), UnitedHealth Group (UNH) and AbbVie (ABBV).

Who are CMS Energy's key executives?

CMS Energy's management team includes the following people:

Ms. Patricia Kessler Poppe, Pres, CEO & Director (Age 50)
Mr. Rejji P. Hayes, Exec. VP & CFO (Age 44)
Mr. Garrick J. Rochow, Sr. VP of Operations (Age 44)
Mr. Brian F. Rich, Sr. VP of Customer Experience & Technology and Chief Information Officer (Age 44)
Ms. Catherine M. Reynolds, Sr. VP & Gen. Counsel (Age 62)

What is CMS Energy's stock symbol?

CMS Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMS."

Who are CMS Energy's major shareholders?

CMS Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.95%), JPMorgan Chase & Co. (5.79%), State Street Corp (5.68%), Capital World Investors (5.26%), Bank of New York Mellon Corp (2.85%) and Pictet Asset Management Ltd. (2.13%). Company insiders that own CMS Energy stock include Brandon J Hofmeister, Brian F Rich, Catherine A Hendrian, Catherine M Reynolds, Dhenuvakonda Rao Venkat, Glenn P Barba, Jean-Francois Brossoit, John G Russell and Jon E Barfield. View institutional ownership trends for CMS Energy.

Which major investors are selling CMS Energy stock?

CMS stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Bank of New York Mellon Corp, Wells Fargo & Company MN, Ceredex Value Advisors LLC, Luminus Management LLC, Invesco Ltd., Prudential PLC, and Janus Henderson Group PLC. Company insiders that have sold CMS Energy company stock in the last year include Brandon J Hofmeister, Brian F Rich, Catherine A Hendrian, Dhenuvakonda Rao Venkat, Jean-Francois Brossoit, John G Russell, and Jon E Barfield. View insider buying and selling activity for CMS Energy.

Which major investors are buying CMS Energy stock?

CMS stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Research Global Investors, Tortoise Capital Advisors L.L.C., State Street Corp, Pictet Asset Management Ltd., Banco Santander S.A., Russell Investments Group Ltd., and Nuveen Asset Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CMS Energy's stock price today?

One share of CMS stock can currently be purchased for approximately $55.97.

How big of a company is CMS Energy?

CMS Energy has a market capitalization of $16.02 billion and generates $6.85 billion in revenue each year. The utilities provider earns $680 million in net income (profit) each year or $2.49 on an earnings per share basis. CMS Energy employs 8,789 workers across the globe.

What is CMS Energy's official website?

The official website for CMS Energy is www.cmsenergy.com.

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff