- Regulated Electric
- Utilities
-
3.26
EPS
-
19.34
P/E
-
18.8B
MARKET CAP
-
3.18%
DIV YIELD
Company Overview
ONE ENERGY PLAZA,JACKSON MI 49201,5177880550
CEO
Mr. Garrick J. Rochow
Employess
8356
Sector
Utilities
Industry
Regulated Electric
Website
https://www.cmsenergy.com
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.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
Aug. 30, 2024
Dividend Date
Aug. 2, 2024
YTD Performance
6.33%
Fiscal Year End
12-31
IPO Date
1987-05-01
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 1.29% | 1.66% | 3.76% | -13.19% |
EPS | 5.82% | 5.25% | 4.34% | 5.24% |
Equity | 8.13% | 9.67% | 11.14% | 7.54% |
Cash | 2.81% | 8.21% | 10.55% | 38.41% |
Return On Capital (ROIC) | 3.63% | 1.93% | 2.21% | 4.51% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 1,070 | 1,120 | 382 | 1,510 | 1,220 |
Long Term Debt | 14,600 | 14,300 | 12,500 | 15,200 | 13,200 |
LT Finance Leases | 62 | 68 | 46 | 56 | 76 |
Shares Outstanding | 291 | 290 | 289 | 285 | 283 |
Market Cap | 16,900 | 18,300 | 18,800 | 17,400 | 17,800 |
Price
News
CMS Energy (CMS) Q2 Earnings Beat, Revenues Improve Y/Y
2 monthsCMS Energy's (CMS) Q2 earnings beat estimates but revenues miss the same.
zacks.comCMS Energy (CMS) Surpasses Q2 Earnings Estimates
2 monthsCMS Energy (CMS) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.75 per share a year ago.
zacks.comWhat's in Store for These 4 Utilities This Earnings Season?
2 monthsLet's focus on utilities like CMS Energy (CMS), Edison International (EIX), DTE Energy (DTE) and PG&E Corporation (PCG) which are scheduled to release second-quarter earnings on Jul 25.
zacks.comDaily Dividend Report: Norfolk Southern, GM, Comcast, Crane, CMS
2 monthsNorfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.
forbes.comCMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
2 monthsJACKSON, Mich. , July 22, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
prnewswire.comeHealth Applauds Decision by CMS to Retain 2024 Medicare Compensation Guidelines for 2025
2 monthsAUSTIN, Texas , July 19, 2024 /PRNewswire/ -- Today eHealth, Inc. (Nasdaq: EHTH) (eHealth.com), a leading online private health insurance marketplace, applauded the decision by the Centers for Medicare and Medicaid Services (CMS) to temporarily retain CY2024 agent compensation rates for CY2025. CMS's decision comes in response to preliminary injunctions issued by the US District Court for the Northern District of Texas in the case of Americans for Beneficiary Choice v.
prnewswire.comWill CMS Energy (CMS) Beat Estimates Again in Its Next Earnings Report?
2 monthsCMS Energy (CMS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.comCMS Energy (CMS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
2 monthsCMS Energy (CMS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comCMS vs. NEE: Which Stock Is the Better Value Option?
2 monthsInvestors interested in Utility - Electric Power stocks are likely familiar with CMS Energy (CMS) and NextEra Energy (NEE). But which of these two stocks offers value investors a better bang for their buck right now?
zacks.comGauzy's Advanced Driver Assistance Systems (ADAS) Enhances Public Safety at the 2024 Paris Olympics With More Than 11 Million Expected Visitors
2 monthsReducing accident costs by up to 40%, Gauzy's Smart-Vision CMS (camera monitor system) deployed on buses city wide extends on-road visibility to mitigate blind spots, preventing life threatening collisions and protecting vulnerable road users Reducing accident costs by up to 40%, Gauzy's Smart-Vision CMS (camera monitor system) deployed on buses city wide extends on-road visibility to mitigate blind spots, preventing life threatening collisions and protecting vulnerable road users
globenewswire.comCMS vs. NEE: Which Stock Should Value Investors Buy Now?
2 monthsInvestors interested in Utility - Electric Power stocks are likely familiar with CMS Energy (CMS) and NextEra Energy (NEE). But which of these two companies is the best option for those looking for undervalued stocks?
zacks.comNorthStar Clean Energy, an Innovative Renewable Energy and Decarbonization Solutions Provider, relocates headquarters to Ann Arbor, Michigan
2 monthsANN ARBOR, Mich. , July 15, 2024 /PRNewswire/ -- NorthStar Clean Energy, a leading innovator in the renewable energy and decarbonization sector, is thrilled to announce the relocation of its corporate headquarters to Ann Arbor, Michigan.
prnewswire.com