Last 7 days
0.1%
Last 30 days
0.9%
Last 90 days
-4.6%
Trailing 12 Months
-13.5%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-13 | Hofmeister Brandon J. | sold | -93,807 | 56.2735 | -1,667 | senior vice president |
2023-08-15 | BARFIELD JON E | sold | -131,461 | 56.06 | -2,345 | - |
2023-06-12 | Hendrian Catherine A | sold | -451,960 | 60.2613 | -7,500 | senior vice president |
2023-05-15 | IZZO RALPH | acquired | - | - | 2,635 | - |
2023-05-05 | DARROW KURT L | acquired | - | - | 2,582 | - |
2023-05-05 | SHANK SUZANNE F. | acquired | - | - | 2,582 | - |
2023-05-05 | BARFIELD JON E | acquired | - | - | 2,582 | - |
2023-05-05 | Soto Myrna | acquired | - | - | 2,582 | - |
2023-05-05 | Sznewajs John G | acquired | - | - | 2,582 | - |
2023-05-05 | Wright Laura | acquired | - | - | 2,582 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Prosperity Financial Group, Inc. | unchanged | - | -10,796 | 241,163 | 0.21% |
2023-09-12 | Farther Finance Advisors, LLC | added | 0.78 | -2,803 | 76,316 | 0.02% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 5.00 | 1,778 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 17,801 | 17,801 | -% |
2023-08-30 | Strait & Sound Wealth Management LLC | unchanged | - | -9,439 | 210,854 | 0.21% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | -175 | 8,763 | -% |
2023-08-25 | STRATEGY ASSET MANAGERS LLC | added | 2.85 | -3,908 | 247,661 | 0.06% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -12,887 | 287,875 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -124 | 2,761 | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | price t rowe associates inc /md/ | 1.7% | 4,896,774 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 12.88% | 37,398,056 | SC 13G/A | |
Feb 06, 2023 | state street corp | 5.69% | 16,511,661 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 9.5% | 27,573,598 | SC 13G/A | |
Jan 18, 2023 | jpmorgan chase & co | 6.4% | 18,769,239 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 6.9% | 20,224,988 | SC 13G | |
Feb 10, 2022 | state street corp | 5.09% | 14,745,888 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 12.41% | 35,958,215 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 9.1% | 26,291,806 | SC 13G/A | |
Jan 07, 2022 | jpmorgan chase & co | 5.4% | 15,902,769 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 14, 2023 | 4 | Insider Trading | |
Sep 13, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 16, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 144 | Notice of Insider Sale Intent | |
Jul 27, 2023 | 8-K | Current Report | |
Jul 27, 2023 | 10-Q | Quarterly Report | |
Jun 13, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ED | 31.6B | 15.5B | 3.15% | -5.19% | 12.87 | 2.04 | 7.17% | 56.52% |
PEG | 30.2B | 11.6B | 0.76% | -7.16% | 10.85 | 2.6 | 23.95% | 380.81% |
WEC | 27.5B | 9.3B | 2.43% | -12.29% | 32.59 | 2.96 | 3.28% | 5.19% |
AEE | 21.0B | 8.2B | 0.46% | -10.56% | 18.78 | 2.57 | 17.43% | 10.55% |
CMS | 16.5B | 8.1B | 0.85% | -13.46% | 22.34 | 2.02 | 1.11% | -44.47% |
NI | 11.4B | 5.9B | 4.75% | -3.51% | 16.24 | 1.95 | 7.85% | -2.88% |
MID-CAP | ||||||||
UGI | 5.2B | 9.5B | 7.19% | -31.47% | -3.74 | 0.55 | -1.58% | -202.58% |
BKH | 3.6B | 2.6B | -0.51% | -27.36% | 15.04 | 1.41 | 15.42% | -7.80% |
NWE | 3.1B | 1.5B | 0.89% | -3.15% | 17.73 | 2.07 | 8.24% | 0.19% |
AVA | 2.6B | 1.7B | 4.20% | -13.75% | 18.25 | 1.51 | 9.61% | -2.55% |
SJW | 2.0B | 641.5M | -4.91% | -0.74% | 22.62 | 3.11 | 10.61% | 68.66% |
SMALL-CAP | ||||||||
UTL | 751.6M | 595.3M | -2.99% | -6.32% | 17.36 | 1.26 | 12.45% | 5.87% |
GNE | 383.8M | 361.4M | -3.05% | 54.19% | 5.91 | 1.06 | 16.69% | -15.66% |
MSEX | 1.2M | 167.5M | -11.66% | -19.59% | 0.03 | 0.01 | 11.84% | -6.17% |
11.5%
6.7%
5.5%
0.0%
38.1%
0%
0%
Y-axis is the maximum loss one would have experienced if CMS Energy was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -4.3% | 8,141 | 8,506 | 8,596 | 8,351 | 8,052 | 7,690 | 7,329 | 7,023 | 6,805 | 6,629 | 6,418 | 6,486 | 6,525 | 6,588 | 6,845 | 6,879 | 6,932 | 6,979 | 6,873 | 6,822 | 6,750 |
Costs and Expenses | -5.0% | 7,054 | 7,424 | 7,372 | 7,194 | 6,893 | 6,518 | 6,183 | 5,774 | 5,476 | 5,304 | 5,188 | 5,184 | 5,212 | 5,305 | 5,509 | 5,701 | 5,811 | 5,821 | 5,711 | 5,531 | 5,423 |
EBITDA | -100.0% | - | 2,421 | 2,547 | 2,455 | 2,454 | 2,474 | 2,437 | 2,440 | 2,509 | 2,627 | 2,433 | 2,416 | 2,388 | 2,321 | 2,278 | 2,229 | 2,154 | 2,174 | 2,165 | 2,235 | 2,246 |
EBITDA Margin | -100.0% | - | 0.28* | 0.30* | 0.29* | 0.30* | 0.32* | 0.33* | 0.34* | 0.36* | 0.39* | 0.37* | 0.37* | 0.36* | 0.35* | 0.33* | 0.32* | 0.31* | 0.31* | 0.32* | 0.33* | 0.33* |
Interest Expenses | 6.3% | 576 | 542 | 519 | 506 | 501 | 500 | 500 | 501 | 506 | 508 | 505 | 469 | 472 | 476 | 460 | 506 | 487 | 468 | 458 | 447 | 444 |
Earnings Before Taxes | 9.9% | 819 | 745 | 902 | 837 | 834 | 853 | 823 | 869 | 928 | 906 | 809 | 801 | 812 | 773 | 764 | 750 | 703 | 754 | 774 | 870 | 897 |
EBT Margin | -100.0% | - | 0.09* | 0.10* | 0.10* | 0.10* | 0.11* | 0.11* | 0.12* | 0.13* | 0.16* | 0.14* | 0.14* | 0.13* | 0.13* | 0.12* | 0.11* | 0.10* | 0.11* | 0.11* | 0.13* | 0.13* |
Net Income | 7.3% | 738 | 688 | 837 | 1,305 | 1,329 | 1,357 | 1,353 | 876 | 897 | 858 | 752 | 757 | 754 | 710 | 680 | 621 | 583 | 629 | 657 | 546 | 549 |
Net Income Margin | -100.0% | - | 0.08* | 0.10* | 0.16* | 0.17* | 0.18* | 0.18* | 0.12* | 0.13* | 0.13* | 0.12* | 0.12* | 0.11* | 0.11* | 0.10* | 0.09* | 0.08* | 0.09* | 0.10* | 0.08* | 0.08* |
Free Cashflow | 100.0% | - | -1,283 | -1,519 | -1,369 | -775 | -466 | -257 | -451 | -402 | -318 | -1,035 | -681 | -669 | -765 | -307 | -539 | -703 | -521 | -371 | 42.00 | 211 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 2.8% | 32,265 | 31,386 | 31,353 | 30,372 | 29,040 | 28,740 | 28,753 | 30,513 | 29,953 | 29,723 | 29,666 | 29,280 | 28,581 | 27,447 | 26,837 | 26,009 | 25,292 | 24,793 | 24,529 | 23,913 | 23,312 |
Current Assets | -12.9% | 2,603 | 2,989 | 3,433 | 3,026 | 2,393 | 2,459 | 2,627 | 2,477 | 2,322 | 2,513 | 2,404 | 2,494 | 3,532 | 2,817 | 2,331 | 2,305 | 2,254 | 2,376 | 2,468 | 2,374 | 2,286 |
Cash Equivalents | -31.9% | 389 | 571 | 164 | 168 | 96.00 | 474 | 476 | 236 | 292 | 524 | 185 | 558 | 1,604 | 861 | 157 | 433 | 334 | 267 | 175 | 366 | 501 |
Net PPE | 5.5% | 24,264 | 23,003 | 22,713 | 22,340 | 21,627 | 22,540 | 22,352 | 21,934 | 21,533 | 21,207 | 21,017 | 20,630 | 19,436 | 19,144 | 18,926 | 18,524 | 18,106 | 18,315 | 18,126 | 17,790 | 17,237 |
Current Liabilities | -7.0% | 2,737 | 2,942 | 2,985 | 2,488 | 2,389 | 1,814 | 2,204 | 3,254 | 3,114 | 2,885 | 3,074 | 2,992 | 3,123 | 2,940 | 2,704 | 2,165 | 2,386 | 2,106 | 2,624 | 3,442 | 2,535 |
LT Debt, Non Current | 7.2% | 13,925 | 12,985 | 13,122 | 12,685 | 11,667 | 12,045 | 12,046 | 12,027 | 11,728 | 13,561 | 11,744 | 13,275 | 13,414 | 12,545 | 11,951 | 12,040 | 11,236 | 11,105 | 10,615 | 8,869 | 9,272 |
Shareholder's Equity | -6.6% | 7,145 | 7,652 | 7,015 | 6,913 | 7,471 | 7,405 | 7,188 | 6,653 | 6,366 | 6,302 | 6,077 | 5,898 | 5,251 | 5,222 | 5,055 | 4,994 | 4,888 | 4,895 | 4,792 | 4,786 | 4,709 |
Retained Earnings | 3.8% | 1,463 | 1,410 | 1,350 | 1,315 | 1,286 | 1,275 | 1,057 | 547 | 487 | 437 | 214 | 171 | 70.00 | 51.00 | -25.00 | -83.00 | -182 | -166 | -271 | -278 | -346 |
Additional Paid-In Capital | 0.2% | 5,506 | 5,494 | 5,490 | 5,423 | 5,417 | 5,406 | 5,406 | 5,397 | 5,389 | 5,371 | 5,365 | 5,225 | 5,217 | 5,207 | 5,113 | 5,104 | 5,097 | 5,087 | 5,088 | 5,083 | 5,076 |
Accumulated Depreciation | -4.3% | 8,736 | 9,126 | 8,960 | 8,863 | 8,711 | 8,543 | 8,502 | 8,489 | 8,326 | 8,178 | 7,938 | 7,845 | 7,697 | 7,563 | 7,360 | 7,264 | 7,130 | 7,236 | 7,037 | 6,909 | 6,808 |
Shares Outstanding | 0% | 292 | 292 | 291 | 290 | 290 | 290 | 290 | 290 | 290 | 290 | 289 | 286 | 286 | 286 | 284 | 284 | 284 | 284 | 283 | 283 | 283 |
Minority Interest | -1.9% | 561 | 572 | 580 | 591 | 593 | 551 | 557 | 563 | 569 | 575 | 581 | 578 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 26.3% | 1,501 | 1,188 | 855 | 1,003 | 1,511 | 1,694 | 1,819 | 1,615 | 1,847 | 1,907 | 1,276 | 1,539 | 1,401 | 1,374 | 1,790 | 1,533 | 1,472 | 1,612 | 1,703 | 2,071 | 2,002 |
Cashflow From Investing | -32.0% | -3,416 | -2,588 | -2,476 | -1,581 | -1,521 | -1,489 | -1,233 | -2,029 | -2,550 | -2,591 | -2,867 | -2,902 | -2,574 | -2,700 | -2,816 | -3,003 | -3,008 | -2,825 | -2,606 | -2,329 | -2,070 |
Cashflow From Financing | 46.0% | 2,225 | 1,524 | 1,327 | 537 | -186 | -255 | -295 | 92.00 | -609 | 347 | 1,619 | 1,488 | 2,443 | 1,920 | 1,008 | 1,537 | 1,369 | 1,253 | 874 | 451 | 128 |
CMS Energy Corporation Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Operating Revenue | $ 1,555 | $ 1,920 | $ 3,839 | $ 4,294 |
Operating Expenses | ||||
Fuel for electric generation | 110 | 241 | 247 | 408 |
Purchased power – related parties | 17 | 18 | 36 | 35 |
Maintenance and other operating expenses | 406 | 392 | 837 | 726 |
Depreciation and amortization | 255 | 242 | 608 | 587 |
General taxes | 97 | 89 | 239 | 221 |
Total operating expenses | 1,311 | 1,681 | 3,281 | 3,599 |
Operating Income | 244 | 239 | 558 | 695 |
Other Income (Expense) | ||||
Non-operating retirement benefits, net | 45 | 52 | 90 | 100 |
Other income | 103 | 2 | 118 | 6 |
Other expense | (2) | (11) | (6) | (15) |
Total other income | 146 | 43 | 202 | 91 |
Interest Charges | ||||
Interest on long-term debt | 152 | 122 | 296 | 243 |
Allowance for borrowed funds used during construction | (1) | 0 | (1) | (1) |
Total interest charges | 160 | 126 | 307 | 250 |
Income Before Income Taxes | 230 | 156 | 453 | 536 |
Income Tax Expense | 41 | 14 | 70 | 53 |
Income From Continuing Operations | 189 | 142 | 383 | 483 |
Income From Discontinued Operations, Net of Tax of $—, $—, $—, and $1 | 1 | 0 | 1 | 4 |
Net Income | 190 | 142 | 384 | 487 |
Loss Attributable to Noncontrolling Interests | (8) | (6) | (18) | (14) |
Net Income Attributable to CMS Energy | 198 | 148 | 402 | 501 |
Preferred Stock Dividends | 3 | 3 | 5 | 5 |
Net Income Available to Common Stockholders | $ 195 | $ 145 | $ 397 | $ 496 |
Basic Earnings Per Average Common Share | ||||
Basic earnings per average common share, income from continuing operations per average common share available to common stockholders (in dollars per share) | $ 0.67 | $ 0.50 | $ 1.36 | $ 1.70 |
Basic earnings per average common share, income from discontinued operations per average common share available to common stockholders (in dollars per share) | 0 | 0 | 0 | 0.01 |
Basic earnings per average common share (in dollars per share) | 0.67 | 0.50 | 1.36 | 1.71 |
Diluted Earnings Per Average Common Share | ||||
Diluted earnings per average common share, income from continuing operations per average common share available to common stockholders (in dollars per share) | 0.67 | 0.50 | 1.36 | 1.70 |
Diluted earnings per average common share, income from discontinued operations per average common share available to common stockholders (in dollars per share) | 0 | 0 | 0 | 0.01 |
Diluted earnings per average common share (in dollars per share) | $ 0.67 | $ 0.50 | $ 1.36 | $ 1.71 |
Related Party | ||||
Interest Charges | ||||
Other interest expense | $ 3 | $ 3 | $ 6 | $ 6 |
Nonrelated Party | ||||
Interest Charges | ||||
Other interest expense | 6 | 1 | 6 | 2 |
Purchased and interchange power | ||||
Operating Expenses | ||||
Cost of goods and services sold | 342 | 483 | 683 | 938 |
Cost of gas sold | ||||
Operating Expenses | ||||
Cost of goods and services sold | $ 84 | $ 216 | $ 631 | $ 684 |
CMS Energy Corporation Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 389 | $ 164 |
Restricted cash and cash equivalents | 17 | 18 |
Inventories at average cost | ||
Gas in underground storage | 570 | 840 |
Materials and supplies | 244 | 212 |
Generating plant fuel stock | 73 | 65 |
Deferred property taxes | 282 | 384 |
Regulatory assets | 182 | 57 |
Prepayments and other current assets | 125 | 113 |
Total current assets | 2,603 | 3,433 |
Plant, Property, and Equipment | ||
Plant, property, and equipment, gross | 31,592 | 30,491 |
Less accumulated depreciation and amortization | 8,736 | 8,960 |
Plant, property, and equipment, net | 22,856 | 21,531 |
Construction work in progress | 1,408 | 1,182 |
Total plant, property, and equipment | 24,264 | 22,713 |
Other Non‑current Assets | ||
Regulatory assets | 3,807 | 3,595 |
Accounts receivable | 24 | 23 |
Investments | 72 | 71 |
Postretirement benefits | 1,274 | 1,208 |
Other | 221 | 310 |
Total other non‑current assets | 5,398 | 5,207 |
Total Assets | 32,265 | 31,353 |
Current Liabilities | ||
Current portion of long-term debt and finance leases | 1,132 | 1,099 |
Notes payable | 0 | 20 |
Accrued rate refunds | 21 | 0 |
Accrued interest | 145 | 122 |
Accrued taxes | 405 | 538 |
Regulatory liabilities | 88 | 104 |
Other current liabilities | 187 | 166 |
Total current liabilities | 2,737 | 2,985 |
Non‑current Liabilities | ||
Long-term debt | 13,925 | 13,122 |
Non-current portion of finance leases | 65 | 68 |
Regulatory liabilities | 3,922 | 3,796 |
Postretirement benefits | 106 | 108 |
Asset retirement obligations | 759 | 746 |
Deferred investment tax credit | 127 | 129 |
Deferred income taxes | 2,503 | 2,407 |
Other non‑current liabilities | 415 | 397 |
Total non‑current liabilities | 21,822 | 20,773 |
Commitments and Contingencies | ||
Common stockholders’ equity | ||
Common stock | 3 | 3 |
Other paid-in capital | 5,506 | 5,490 |
Accumulated other comprehensive loss | (51) | (52) |
Retained earnings | 1,463 | 1,350 |
Total common stockholders’ equity | 6,921 | 6,791 |
Cumulative preferred stock | 224 | 224 |
Total stockholders’ equity | 7,145 | 7,015 |
Noncontrolling interests | 561 | 580 |
Total equity | 7,706 | 7,595 |
Total Liabilities and Equity | 32,265 | 31,353 |
Nonrelated Party | ||
Current Assets | ||
Accounts receivable and accrued revenue, less allowance of $27 in both periods | 708 | 1,564 |
Current Liabilities | ||
Accounts payable | 752 | 928 |
Related Party | ||
Current Assets | ||
Accounts receivable – related parties | 13 | 16 |
Current Liabilities | ||
Accounts payable | $ 7 | $ 8 |