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CMS Energy Corp Stock Research

CMS

56.51USD-0.33(-0.58%)Market Closed
Watchlist

Market Summary

USD56.51-0.33
Market Closed
-0.58%

CMS Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

CMS Stock Price

CMS RSI Chart

CMS Valuation

Market Cap

16.5B

Price/Earnings (Trailing)

22.34

Price/Sales (Trailing)

2.02

EV/EBITDA

6.33

Price/Free Cashflow

-16.99

CMS Price/Sales (Trailing)

CMS Profitability

EBT Margin

8.76%

Return on Equity

9.72%

Return on Assets

2.19%

Free Cashflow Yield

-5.88%

CMS Fundamentals

CMS Revenue

Revenue (TTM)

8.1B

Revenue Y/Y

-19.01%

Revenue Q/Q

-31.92%

CMS Earnings

Earnings (TTM)

738.0M

Earnings Y/Y

33.78%

Earnings Q/Q

-2.94%

Price Action

52 Week Range

51.5765.19
(Low)(High)

Last 7 days

0.1%

Last 30 days

0.9%

Last 90 days

-4.6%

Trailing 12 Months

-13.5%

CMS Financial Health

Current Ratio

1.02

CMS Investor Care

Dividend Yield

3.35%

Dividend/Share (TTM)

1.9

Shares Dilution (1Y)

0.52%

Diluted EPS (TTM)

2.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for CMS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold CMS recently?

View All Details
Datesorted ascendingFund NameType% 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
-
-
-
-%

1–10 of 49

Latest Funds Activity

Are funds buying CMS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CMS
No. of Funds

Schedule 13G FIlings of CMS Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of CMS Energy

View All Filings
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

CMS Fair Value

Loading...

Peers (Alternatives to CMS Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
31.6B
15.5B
3.15% -5.19%
12.87
2.04
7.17% 56.52%
30.2B
11.6B
0.76% -7.16%
10.85
2.6
23.95% 380.81%
27.5B
9.3B
2.43% -12.29%
32.59
2.96
3.28% 5.19%
21.0B
8.2B
0.46% -10.56%
18.78
2.57
17.43% 10.55%
16.5B
8.1B
0.85% -13.46%
22.34
2.02
1.11% -44.47%
11.4B
5.9B
4.75% -3.51%
16.24
1.95
7.85% -2.88%
MID-CAP
5.2B
9.5B
7.19% -31.47%
-3.74
0.55
-1.58% -202.58%
3.6B
2.6B
-0.51% -27.36%
15.04
1.41
15.42% -7.80%
3.1B
1.5B
0.89% -3.15%
17.73
2.07
8.24% 0.19%
2.6B
1.7B
4.20% -13.75%
18.25
1.51
9.61% -2.55%
2.0B
641.5M
-4.91% -0.74%
22.62
3.11
10.61% 68.66%
SMALL-CAP
751.6M
595.3M
-2.99% -6.32%
17.36
1.26
12.45% 5.87%
383.8M
361.4M
-3.05% 54.19%
5.91
1.06
16.69% -15.66%
1.2M
167.5M
-11.66% -19.59%
0.03
0.01
11.84% -6.17%

CMS Energy News

MarketWatch
CMS Energy Corp. stock outperforms competitors despite losses on the day.
MarketWatch,
2 hours ago
DirectorsTalk Interviews

Returns for CMS

Cumulative Returns on CMS

11.5%


10-Year Cumulative Returns

6.7%


7-Year Cumulative Returns

5.5%


5-Year Cumulative Returns

0.0%


3-Year Cumulative Returns

Risks for CMS

What is the probability of a big loss on CMS?

38.1%


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.

Drawdowns

Financials for CMS Energy

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.3%8,1418,5068,5968,3518,0527,6907,3297,0236,8056,6296,4186,4866,5256,5886,8456,8796,9326,9796,8736,8226,750
Costs and Expenses-5.0%7,0547,4247,3727,1946,8936,5186,1835,7745,4765,3045,1885,1845,2125,3055,5095,7015,8115,8215,7115,5315,423
EBITDA-100.0%-2,4212,5472,4552,4542,4742,4372,4402,5092,6272,4332,4162,3882,3212,2782,2292,1542,1742,1652,2352,246
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 Expenses6.3%576542519506501500500501506508505469472476460506487468458447444
Earnings Before Taxes9.9%819745902837834853823869928906809801812773764750703754774870897
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 Income7.3%7386888371,3051,3291,3571,353876897858752757754710680621583629657546549
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 Cashflow100.0%--1,283-1,519-1,369-775-466-257-451-402-318-1,035-681-669-765-307-539-703-521-37142.00211
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.8%32,26531,38631,35330,37229,04028,74028,75330,51329,95329,72329,66629,28028,58127,44726,83726,00925,29224,79324,52923,91323,312
  Current Assets-12.9%2,6032,9893,4333,0262,3932,4592,6272,4772,3222,5132,4042,4943,5322,8172,3312,3052,2542,3762,4682,3742,286
    Cash Equivalents-31.9%38957116416896.004744762362925241855581,604861157433334267175366501
  Net PPE5.5%24,26423,00322,71322,34021,62722,54022,35221,93421,53321,20721,01720,63019,43619,14418,92618,52418,10618,31518,12617,79017,237
  Current Liabilities-7.0%2,7372,9422,9852,4882,3891,8142,2043,2543,1142,8853,0742,9923,1232,9402,7042,1652,3862,1062,6243,4422,535
    LT Debt, Non Current7.2%13,92512,98513,12212,68511,66712,04512,04612,02711,72813,56111,74413,27513,41412,54511,95112,04011,23611,10510,6158,8699,272
Shareholder's Equity-6.6%7,1457,6527,0156,9137,4717,4057,1886,6536,3666,3026,0775,8985,2515,2225,0554,9944,8884,8954,7924,7864,709
  Retained Earnings3.8%1,4631,4101,3501,3151,2861,2751,05754748743721417170.0051.00-25.00-83.00-182-166-271-278-346
  Additional Paid-In Capital0.2%5,5065,4945,4905,4235,4175,4065,4065,3975,3895,3715,3655,2255,2175,2075,1135,1045,0975,0875,0885,0835,076
Accumulated Depreciation-4.3%8,7369,1268,9608,8638,7118,5438,5028,4898,3268,1787,9387,8457,6977,5637,3607,2647,1307,2367,0376,9096,808
Shares Outstanding0%292292291290290290290290290290289286286286284284284284283283283
Minority Interest-1.9%56157258059159355155756356957558157837.0037.0037.0037.0037.0037.0037.0037.0037.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations26.3%1,5011,1888551,0031,5111,6941,8191,6151,8471,9071,2761,5391,4011,3741,7901,5331,4721,6121,7032,0712,002
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 Financing46.0%2,2251,5241,327537-186-255-29592.00-6093471,6191,4882,4431,9201,0081,5371,3691,253874451128

CMS Income Statement

2023-06-30
CMS Energy Corporation Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended6 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 generation110241247408
Purchased power – related parties17183635
Maintenance and other operating expenses406392837726
Depreciation and amortization255242608587
General taxes9789239221
Total operating expenses1,3111,6813,2813,599
Operating Income244239558695
Other Income (Expense)    
Non-operating retirement benefits, net455290100
Other income10321186
Other expense(2)(11)(6)(15)
Total other income1464320291
Interest Charges    
Interest on long-term debt152122296243
Allowance for borrowed funds used during construction(1)0(1)(1)
Total interest charges160126307250
Income Before Income Taxes230156453536
Income Tax Expense41147053
Income From Continuing Operations189142383483
Income From Discontinued Operations, Net of Tax of $—, $—, $—, and $11014
Net Income190142384487
Loss Attributable to Noncontrolling Interests(8)(6)(18)(14)
Net Income Attributable to CMS Energy198148402501
Preferred Stock Dividends3355
Net Income Available to Common Stockholders$ 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)0000.01
Basic earnings per average common share (in dollars per share)0.670.501.361.71
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)0.670.501.361.70
Diluted earnings per average common share, income from discontinued operations per average common share available to common stockholders (in dollars per share)0000.01
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 expense6162
Purchased and interchange power    
Operating Expenses    
Cost of goods and services sold342483683938
Cost of gas sold    
Operating Expenses    
Cost of goods and services sold$ 84$ 216$ 631$ 684

CMS Balance Sheet

2023-06-30
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 equivalents1718
Inventories at average cost  
Gas in underground storage570840
Materials and supplies244212
Generating plant fuel stock7365
Deferred property taxes282384
Regulatory assets18257
Prepayments and other current assets125113
Total current assets2,6033,433
Plant, Property, and Equipment  
Plant, property, and equipment, gross31,59230,491
Less accumulated depreciation and amortization8,7368,960
Plant, property, and equipment, net22,85621,531
Construction work in progress1,4081,182
Total plant, property, and equipment24,26422,713
Other Non‑current Assets  
Regulatory assets3,8073,595
Accounts receivable2423
Investments7271
Postretirement benefits1,2741,208
Other221310
Total other non‑current assets5,3985,207
Total Assets32,26531,353
Current Liabilities  
Current portion of long-term debt and finance leases1,1321,099
Notes payable020
Accrued rate refunds210
Accrued interest145122
Accrued taxes405538
Regulatory liabilities88104
Other current liabilities187166
Total current liabilities2,7372,985
Non‑current Liabilities  
Long-term debt13,92513,122
Non-current portion of finance leases6568
Regulatory liabilities3,9223,796
Postretirement benefits106108
Asset retirement obligations759746
Deferred investment tax credit127129
Deferred income taxes2,5032,407
Other non‑current liabilities415397
Total non‑current liabilities21,82220,773
Commitments and Contingencies
Common stockholders’ equity  
Common stock33
Other paid-in capital5,5065,490
Accumulated other comprehensive loss(51)(52)
Retained earnings1,4631,350
Total common stockholders’ equity6,9216,791
Cumulative preferred stock224224
Total stockholders’ equity7,1457,015
Noncontrolling interests561580
Total equity7,7067,595
Total Liabilities and Equity32,26531,353
Nonrelated Party  
Current Assets  
Accounts receivable and accrued revenue, less allowance of $27 in both periods7081,564
Current Liabilities  
Accounts payable752928
Related Party  
Current Assets  
Accounts receivable – related parties1316
Current Liabilities  
Accounts payable$ 7$ 8
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.