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CMS

60.52USD-0.89(-1.45%)Market Closed

CMS Energy Corp

Market Summary

USD60.52-0.89Market Closed
-1.45%

CMS Alerts

CMS Stock Price

RSI Chart

Valuation

Market Cap

16.8B

Price/Earnings

12.88

Price/Sales

2.01

Price/Cashflow

16.76

MarketCap/EBT

20.09

Price/Sales

Profitability

EBT Margin

10.02%

Return on Equity

17.39%

Return on Assets

4.3%

Fundamentals

Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

17.33%

Revenue Q/Q

5.42%

Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

-12.7%

Earnings Q/Q

11.49%

Price Action

52 Week Range

51.9972.19
(Low)(High)

Last 7 days

-1.2%

Last 30 days

7.0%

Last 90 days

-9.1%

Trailing 12 Months

4.6%

Financial Health

Current Ratio

1.22

Investor Care

Dividend Yield

3.13%

Dividend/Share (TTM)

1.82

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

4.47

Peers (Alternatives to CMS Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
31.4B
14.5B
11.35% 28.08%
19.37
2.16
12.07% 44.55%
28.9B
9.0B
8.14% 12.27%
21.12
3.22
12.98% 5.90%
28.6B
9.7B
7.61% -1.23%
-28.94
3.06
7.16% 203.93%
21.3B
7.5B
8.46% 7.85%
20.98
3.06
20.71% 9.27%
16.8B
8.4B
6.96% 4.56%
12.88
2.01
16.57% 49.66%
10.5B
5.6B
7.61% 14.83%
14.54
1.94
18.13% 44.12%
MID-CAP
7.4B
10.1B
11.59% -7.57%
5.45
0.77
35.71% -26.86%
4.3B
2.2B
10.25% 12.41%
15.96
1.91
21.85% 14.34%
3.1B
1.4B
9.96% 7.85%
18.42
2.21
4.59% -11.35%
3.0B
1.7B
15.06% 11.88%
20.24
1.88
18.02% -17.46%
2.1B
589.1M
9.66% 10.88%
36.36
3.6
3.41% 4.67%
SMALL-CAP
1.6B
157.6M
6.47% -11.12%
37.33
10.06
9.67% 12.98%
855.2M
541.5M
2.22% 31.27%
20.91
1.62
20.23% 17.61%
245.2M
272.4M
-4.54% 102.78%
3.14
0.81
-31.71% 36324.09%

Financials for CMS Energy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.7%8,3518,0527,6907,3997,164
Earnings Before Taxes0.4%837834853823869
Net Income-1.8%1,3051,3291,3571,353872
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets4.6%30,37229,04028,74028,75330,513
  Current Assets26.5%3,0262,3932,4592,6272,477
    Cash Equivalents153.2%19577446452102
  Net PPE3.3%22,34021,62722,54022,35221,934
  Current Liabilities4.1%2,4882,3891,8142,2043,254
    LT Debt, Non Current8.7%12,68511,66712,04512,04612,027
Shareholder's Equity9.1%7,5046,8786,8546,6316,090
  Retained Earnings2.3%1,3151,2861,2751,057547
  Additional Paid-In Capital0.2%5,4175,4065,4065,397-
Accumulated Depreciation1.7%8,8638,7118,5438,5028,489
Shares Outstanding0.0%290290290290290
Minority Interest-0.3%591593551557563
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-33.6%1,0031,5111,6941,8191,615
Cashflow From Investing-3.9%-1,581.00-1,521.00-1,489.00-1,233.00-2,029.00
Cashflow From Financing388.7%537-186.00-255.00-295.0092

Risks

What is the probability of a big loss on CMS?

23.1%


Probability that CMS Energy stock will be more than 20% underwater in next one year

0%


Probability that CMS Energy stock will be more than 30% underwater in next one year.

0%


Probability that CMS Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CMS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CMS Energy was unfortunately bought at previous high price.

Returns

Cumulative Returns on CMS

13.4%


10-Year Cumulative Returns

11.3%


7-Year Cumulative Returns

7.0%


5-Year Cumulative Returns

2.5%


3-Year Cumulative Returns

What are the long-term rolling returns for CMS?

FIve years rolling returns for CMS Energy.

Which funds bought or sold CMS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
SOLD OFF
-100
-463,000
-
-%
2022-11-23
Aurora Investment Counsel
REDUCED
-47.81
-1,013,000
803,000
0.61%
2022-11-23
Toroso Investments, LLC
SOLD OFF
-100
-218,000
-
-%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-954
3,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
33.16
35,000
272,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,541,000
1,541,000
0.02%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-8,000
47,000
0.01%
2022-11-21
FourThought Financial, LLC
REDUCED
-43.92
-157,000
147,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.35
-4,668,000
26,709,000
0.04%
2022-11-18
OLD REPUBLIC INTERNATIONAL CORP
SOLD OFF
-100
-25,313,000
-
-%

1–10 of 48

Latest Funds Activity

Are funds buying CMS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CMS

CMS Energy News

Economic Times

ETMarkets Smart Talk: IPO likely to pick up in 2023; Nifty target seen at 21,035: Amnish Aggarwal.29 minutes ago

Kiplinger's Personal Finance

CMS Fair Value

CMS Energy fair value in different scenarios

The table shows the Fair Value estimates for CMS Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

55.02

-9.09%

74.31

22.79%

96.82

59.98%

122.29

102.07%

150.92

149.37%

Current Inflation

50.15

-17.13%

66.42

9.75%

84.65

39.87%

106.00

75.15%

129.67

114.26%

Very High Inflation

44.20

-26.97%

57.02

-5.78%

70.58

16.62%

87.34

44.32%

105.56

74.42%

Historical CMS Energy Fair Value Estimates


Recent SEC filings of CMS Energy

View All Filings
Date Filed Form Type Document
Nov 29, 2022
8-K
Current Report
Nov 29, 2022
4
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 27, 2022
8-K
Current Report
Oct 27, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for CMS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
Johnson Shaun M
SOLD
-25,538.1
60.8049
-420
SVP and General Counsel
2022-11-01
McIntosh Scott B
SOLD
-349,724
57.3694
-6,096
VP, Controller, CAO
2022-10-31
McIntosh Scott B
SOLD
-50,027.8
57.1746
-875
VP, Controller, CAO
2022-08-16
Wells LeeRoy Jr
SOLD (Taxes)
-12,576.5
70.26
-179
Senior Vice President
2022-06-10
Johnson Shaun M
SOLD
-49,879.6
67.7712
-736
SVP and General Counsel
2022-06-09
BARFIELD JON E
SOLD
-87,975.5
69.4361
-1,267
-
2022-06-01
McIntosh Scott B
SOLD
-49,816.1
70.8622
-703
VP, Controller, CAO
2022-05-31
McIntosh Scott B
SOLD
-50,060.1
71.2093
-703
VP, Controller, CAO
2022-05-11
Venkat Dhenuvakonda Rao
SOLD
-69,197.7
69.1977
-1,000
Senior Vice President
2022-05-06
DARROW KURT L
ACQUIRED
-
-
2,362
-

1–10 of 50

Garrick J. Rochow
9780
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.

CMS Income Statement

2022-09-30
CMS Energy Corporation Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenue$ 2,024$ 1,725$ 6,318$ 5,296
Operating Expenses    
Fuel for electric generation312184720438
Purchased power – related parties21215656
Maintenance and other operating expenses4134101,1391,076
Depreciation and amortization243250830832
General taxes8781308290
Total operating expenses1,7661,4655,3654,354
Operating Income258260953942
Other Income (Expense)    
Interest income1032
Allowance for equity funds used during construction1245
Income from equity method investees1418
Non-operating retirement benefits, net5440154121
Other income2137
Other expense(5)(3)(20)(7)
Total other income5444145136
Interest Charges    
Interest on long-term debt127120370359
Interest expense – related parties3399
Other interest expense0328
Allowance for borrowed funds used during construction0(1)(1)(2)
Total interest charges130125380374
Income Before Income Taxes182179718704
Income Tax Expense19267290
Income From Continuing Operations163153646614
Income From Discontinued Operations, Net of Tax of $—, $9, $1, and $25030482
Net Income163183650696
Loss Attributable to Noncontrolling Interests(2)(6)(16)(18)
Net Income Attributable to CMS Energy165189666714
Preferred Stock Dividends2373
Net Income Available to Common Stockholders$ 163$ 186$ 659$ 711
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)$ 0.56$ 0.54$ 2.26$ 2.18
Basic earnings per average common share, income from discontinued operations per average common share available to common stockholders (in dollars per share)00.100.010.28
Basic earnings per average common share (in dollars per share)0.560.642.272.46
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)0.560.542.262.18
Diluted earnings per average common share, income from discontinued operations per average common share available to common stockholders (in dollars per share)00.100.010.28
Diluted earnings per average common share (in dollars per share)$ 0.56$ 0.64$ 2.27$ 2.46
Purchased and interchange power    
Operating Expenses    
Cost of goods and services sold$ 572$ 462$ 1,510$ 1,230
Cost of gas sold    
Operating Expenses    
Cost of goods and services sold$ 118$ 57$ 802$ 432

CMS Balance Sheet

2022-09-30
CMS Energy Corporation Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 168$ 452
Restricted cash and cash equivalents2724
Accounts receivable and accrued revenue1,161931
Accounts receivable – related parties1412
Inventories at average cost  
Gas in underground storage1,057462
Materials and supplies196168
Generating plant fuel stock5137
Deferred property taxes234356
Regulatory assets1546
Prepayments and other current assets103139
Total current assets3,0262,627
Plant, Property, and Equipment  
Plant, property, and equipment, gross30,12529,893
Less accumulated depreciation and amortization8,8638,502
Plant, property, and equipment, net21,26221,391
Construction work in progress1,078961
Total plant, property, and equipment22,34022,352
Other Non‑current Assets  
Regulatory assets3,4272,259
Accounts receivable2830
Investments7071
Other1,4811,414
Total other non‑current assets5,0063,774
Total Assets30,37228,753
Current Liabilities  
Current portion of long-term debt, finance leases, and other financing1,000382
Accounts payable949875
Accounts payable – related parties711
Accrued rate refunds012
Accrued interest117107
Accrued taxes178515
Regulatory liabilities67146
Other current liabilities170156
Total current liabilities2,4882,204
Non‑current Liabilities  
Long-term debt12,68512,046
Non-current portion of finance leases and other financing7046
Regulatory liabilities3,8623,802
Postretirement benefits136142
Asset retirement obligations747628
Deferred investment tax credit130112
Deferred income taxes2,3672,210
Other non‑current liabilities383375
Total non‑current liabilities20,38019,361
Commitments and Contingencies
Common stockholders’ equity  
Common stock33
Other paid-in capital5,4235,406
Accumulated other comprehensive loss(52)(59)
Retained earnings1,3151,057
Total common stockholders’ equity6,6896,407
Cumulative preferred stock224224
Total stockholders’ equity6,9136,631
Noncontrolling interests591557
Total equity7,5047,188
Total Liabilities and Equity$ 30,372$ 28,753