Utilities - Regulated Electric - NYSE - US
$ 19.14
0.157 %
$ 20.3 B
Market Cap
4.1
P/E
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.[ Read More ]
The intrinsic value of one CMS-PC stock under the base case scenario is HIDDEN Compared to the current market price of 19.1 USD, CMS Energy Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart CMS-PC
FINANCIALS
7.46 B
REVENUE
1.24 B
OPERATING INCOME
808 M
NET INCOME
2.31 B
OPERATING CASH FLOW
-3.39 B
INVESTING CASH FLOW
1.14 B
FINANCING CASH FLOW
1.74 B
REVENUE
367 M
OPERATING INCOME
247 M
NET INCOME
304 M
OPERATING CASH FLOW
-855 M
INVESTING CASH FLOW
229 M
FINANCING CASH FLOW
Balance Sheet Decomposition
CMS Energy Corporation
| Current Assets | 2.84 B |
| Cash & Short-Term Investments | 227 M |
| Receivables | 944 M |
| Other Current Assets | 1.67 B |
| Non-Current Assets | 30.7 B |
| Long-Term Investments | 76 M |
| PP&E | 25.1 B |
| Other Non-Current Assets | 5.5 B |
| Current Liabilities | 2.9 B |
| Accounts Payable | 809 M |
| Short-Term Debt | 1.07 B |
| Other Current Liabilities | 1.02 B |
| Non-Current Liabilities | 22.5 B |
| Long-Term Debt | 14.6 B |
| Other Non-Current Liabilities | 7.9 B |
EFFICIENCY
Earnings Waterfall
CMS Energy Corporation
| Revenue | 7.46 B |
| Cost Of Revenue | 4.6 B |
| Gross Profit | 2.86 B |
| Operating Expenses | 1.63 B |
| Operating Income | 1.24 B |
| Other Expenses | 427 M |
| Net Income | 808 M |
RATIOS
38.35%
GROSS MARGIN
16.55%
OPERATING MARGIN
11.89%
NET MARGIN
11.76%
ROE
2.65%
ROA
4.52%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CMS Energy Corporation
| Net Income | 808 M |
| Depreciation & Amortization | 1.18 B |
| Capital Expenditures | -2.57 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 416 M |
| Others | -126 M |
| Free Cash Flow | -265 M |
Wall Street Analysts Price Targets
CMS Energy Corporation
CMS-PC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.73%
DIVIDEND YIELD
0.263 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
CMS Energy Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
57.9 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
11 months ago
Dec 07, 2023
|
Sell 57.9 K USD
|
Hofmeister Brandon J.
Senior Vice President |
- 1000
|
57.9 USD |
|
1 year ago
Nov 08, 2023
|
Sell 274 K USD
|
Rich Brian F
Senior Vice President |
- 5000
|
54.9 USD |
|
1 year ago
Nov 02, 2023
|
Sell 90.2 K USD
|
RUSSELL JOHN G
Director |
- 1645
|
54.808 USD |
|
1 year ago
Nov 02, 2023
|
Sell 965 K USD
|
RUSSELL JOHN G
Director |
- 17355
|
55.594 USD |
|
1 year ago
Sep 13, 2023
|
Sell 93.8 K USD
|
Hofmeister Brandon J.
Senior Vice President |
- 1667
|
56.2735 USD |
|
1 year ago
Aug 15, 2023
|
Sell 131 K USD
|
BARFIELD JON E
Director |
- 2345
|
56.06 USD |
|
1 year ago
Jun 12, 2023
|
Sell 452 K USD
|
Hendrian Catherine A
Senior Vice President |
- 7500
|
60.2613 USD |
|
1 year ago
Mar 16, 2023
|
Sell 247 K USD
|
Rich Brian F
Senior Vice President |
- 4000
|
61.72 USD |
|
1 year ago
Mar 09, 2023
|
Sell 75 K USD
|
Hofmeister Brandon J.
Senior Vice President |
- 1250
|
60 USD |
|
1 year ago
Mar 13, 2023
|
Sell 75 K USD
|
Hofmeister Brandon J.
Senior Vice President |
- 1250
|
60.0012 USD |
|
1 year ago
Feb 13, 2023
|
Sell 50.3 K USD
|
Johnson Shaun M
SVP and General Counsel |
- 814
|
61.7362 USD |
|
1 year ago
Nov 28, 2022
|
Sell 25.5 K USD
|
Johnson Shaun M
SVP and General Counsel |
- 420
|
60.8049 USD |
|
2 years ago
Nov 01, 2022
|
Sell 350 K USD
|
McIntosh Scott B
VP, Controller, CAO |
- 6096
|
57.3694 USD |
|
2 years ago
Oct 31, 2022
|
Sell 50 K USD
|
McIntosh Scott B
VP, Controller, CAO |
- 875
|
57.1746 USD |
|
4 years ago
May 26, 2020
|
Sell 50.6 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 899
|
56.2945 USD |
|
4 years ago
May 26, 2020
|
Sell 50 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 881
|
56.75 USD |
|
4 years ago
May 26, 2020
|
Sell 50.3 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 891
|
56.41 USD |
|
4 years ago
May 21, 2020
|
Sell 48.8 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 875
|
55.7571 USD |
|
4 years ago
May 18, 2020
|
Sell 50 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 900
|
55.5 USD |
|
4 years ago
May 18, 2020
|
Sell 50.2 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 909
|
55.18 USD |
|
4 years ago
May 18, 2020
|
Sell 50 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 892
|
56 USD |
|
4 years ago
May 14, 2020
|
Sell 50.1 K USD
|
Hendrian Catherine A
Senior Vice President |
- 926
|
54.1262 USD |
|
4 years ago
May 14, 2020
|
Sell 99.8 K USD
|
Hendrian Catherine A
Senior Vice President |
- 1843
|
54.1738 USD |
|
4 years ago
May 12, 2020
|
Sell 50 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 900
|
55.5 USD |
|
4 years ago
May 12, 2020
|
Sell 50 K USD
|
Brossoit Jean-Francois
Senior Vice President |
- 896
|
55.75 USD |
|
4 years ago
May 12, 2020
|
Sell 417 K USD
|
Rich Brian F
Senior Vice President |
- 7500
|
55.6433 USD |
|
4 years ago
Apr 01, 2020
|
Sell 154 K USD
|
RUSSELL JOHN G
Director |
- 2748
|
56.0947 USD |
|
4 years ago
Apr 01, 2020
|
Sell 158 K USD
|
RUSSELL JOHN G
Director |
- 2852
|
55.3816 USD |
|
4 years ago
Mar 02, 2020
|
Sell 55.8 K USD
|
RUSSELL JOHN G
Director |
- 900
|
62.0411 USD |
|
4 years ago
Mar 02, 2020
|
Sell 66.2 K USD
|
RUSSELL JOHN G
Director |
- 1035
|
63.9717 USD |
|
4 years ago
Mar 02, 2020
|
Sell 59 K USD
|
RUSSELL JOHN G
Director |
- 965
|
61.1824 USD |
|
4 years ago
Mar 02, 2020
|
Sell 170 K USD
|
RUSSELL JOHN G
Director |
- 2700
|
63.0833 USD |
|
4 years ago
Feb 03, 2020
|
Sell 384 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
68.5651 USD |
|
4 years ago
Jan 02, 2020
|
Sell 350 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
62.4637 USD |
|
4 years ago
Dec 02, 2019
|
Sell 342 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
61.0342 USD |
|
5 years ago
Nov 14, 2019
|
Sell 510 K USD
|
BARFIELD JON E
Director |
- 8390
|
60.7496 USD |
|
5 years ago
Nov 04, 2019
|
Sell 47.1 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 750
|
62.742 USD |
|
5 years ago
Nov 01, 2019
|
Sell 47.6 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 750
|
63.4427 USD |
|
5 years ago
Nov 01, 2019
|
Sell 355 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
63.4804 USD |
|
5 years ago
Oct 01, 2019
|
Sell 359 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
64.0407 USD |
|
5 years ago
Sep 03, 2019
|
Sell 178 K USD
|
RUSSELL JOHN G
Director |
- 2800
|
63.5664 USD |
|
5 years ago
Sep 03, 2019
|
Sell 180 K USD
|
RUSSELL JOHN G
Director |
- 2800
|
64.1167 USD |
|
5 years ago
Aug 27, 2019
|
Sell 2.11 M USD
|
RUSSELL JOHN G
Director |
- 33500
|
63.0192 USD |
|
5 years ago
Aug 23, 2019
|
Sell 31.2 K USD
|
Hofmeister Brandon J.
Senior Vice President |
- 500
|
62.36 USD |
|
5 years ago
Aug 13, 2019
|
Sell 239 K USD
|
Rich Brian F
Senior Vice President |
- 4000
|
59.6963 USD |
|
5 years ago
Aug 08, 2019
|
Sell 2.01 M USD
|
RUSSELL JOHN G
Director |
- 33500
|
60.0421 USD |
|
5 years ago
Aug 01, 2019
|
Sell 324 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
57.7777 USD |
|
5 years ago
Jul 01, 2019
|
Sell 322 K USD
|
RUSSELL JOHN G
Director |
- 5600
|
57.4588 USD |
|
5 years ago
May 23, 2019
|
Sell 99.9 K USD
|
Hendrian Catherine A
Senior Vice President |
- 1753
|
56.9649 USD |
|
5 years ago
May 08, 2019
|
Sell 339 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 6203
|
54.6262 USD |
|
5 years ago
May 03, 2019
|
Sell 467 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 8500
|
54.95 USD |
|
5 years ago
Apr 30, 2019
|
Sell 930 K USD
|
RUSSELL JOHN G
Director |
- 16800
|
55.35 USD |
|
5 years ago
Feb 12, 2019
|
Sell 434 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 8187
|
53.0175 USD |
|
5 years ago
Nov 20, 2018
|
Sell 25.9 K USD
|
Hofmeister Brandon J.
Senior Vice President |
- 500
|
51.88 USD |
|
6 years ago
Oct 30, 2018
|
Sell 199 K USD
|
Rich Brian F
SVP and CIO |
- 4000
|
49.687 USD |
|
6 years ago
Aug 14, 2018
|
Sell 48.8 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 1000
|
48.7665 USD |
|
6 years ago
Aug 13, 2018
|
Sell 139 K USD
|
BARFIELD JON E
Director |
- 2861
|
48.4529 USD |
|
6 years ago
May 17, 2018
|
Sell 44.1 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 1000
|
44.1065 USD |
|
6 years ago
May 07, 2018
|
Sell 258 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 5611
|
46.0526 USD |
|
6 years ago
May 02, 2018
|
Sell 468 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 10000
|
46.85 USD |
|
6 years ago
May 02, 2018
|
Sell 46.6 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 1000
|
46.62 USD |
|
6 years ago
Feb 20, 2018
|
Sell 361 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 8310
|
43.397 USD |
|
6 years ago
Nov 20, 2017
|
Sell 124 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 2500
|
49.4815 USD |
|
7 years ago
Nov 02, 2017
|
Sell 48.1 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 1000
|
48.115 USD |
|
7 years ago
Nov 01, 2017
|
Sell 48 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 1000
|
48.017 USD |
|
7 years ago
Aug 22, 2017
|
Sell 169 K USD
|
Rich Brian F
SVP and CIO |
- 3500
|
48.263 USD |
|
7 years ago
Aug 17, 2017
|
Sell 47.8 K USD
|
Rochow Garrick J
Senior Vice President |
- 1000
|
47.82 USD |
|
7 years ago
Aug 17, 2017
|
Sell 47.8 K USD
|
Rochow Garrick J
Senior Vice President |
- 1000
|
47.79 USD |
|
7 years ago
Aug 03, 2017
|
Sell 297 K USD
|
BARFIELD JON E
Director |
- 6336
|
46.8055 USD |
|
7 years ago
May 30, 2017
|
Sell 474 K USD
|
Malone Daniel J
Senior Vice President |
- 10000
|
47.4211 USD |
|
7 years ago
May 25, 2017
|
Sell 2.36 M USD
|
WEBB THOMAS J
Vice Chairman |
- 50000
|
47.2318 USD |
|
7 years ago
May 16, 2017
|
Sell 91 K USD
|
Venkat Dhenuvakonda Rao
Senior Vice President |
- 2000
|
45.4972 USD |
|
7 years ago
May 09, 2017
|
Sell 689 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 15271
|
45.1285 USD |
|
7 years ago
May 09, 2017
|
Sell 32.8 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 729
|
45.01 USD |
|
7 years ago
May 08, 2017
|
Sell 466 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 10246
|
45.4859 USD |
|
7 years ago
Mar 07, 2017
|
Sell 659 K USD
|
Butler John M
Senior Vice President |
- 14857
|
44.3572 USD |
|
7 years ago
Feb 23, 2017
|
Sell 2.2 M USD
|
WEBB THOMAS J
Exec Vice Pres/CFO |
- 50000
|
44.01 USD |
|
8 years ago
Nov 09, 2016
|
Bought 122 K USD
|
HARVEY WILLIAM D
Director |
+ 3000
|
40.5919 USD |
|
8 years ago
Aug 26, 2016
|
Sell 411 K USD
|
BARFIELD JON E
Director |
- 9568
|
42.973 USD |
|
8 years ago
Aug 22, 2016
|
Sell 92.2 K USD
|
Rich Brian F
SVP and CIO |
- 2135
|
43.17 USD |
|
8 years ago
Aug 09, 2016
|
Sell 481 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 11032
|
43.592 USD |
|
8 years ago
May 25, 2016
|
Sell 149 K USD
|
Malone Daniel J
Senior Vice President |
- 3639
|
40.9536 USD |
|
8 years ago
May 24, 2016
|
Sell 8.04 M USD
|
RUSSELL JOHN G
President and CEO |
- 196000
|
41.04 USD |
|
8 years ago
May 10, 2016
|
Sell 559 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 13420
|
41.66 USD |
|
8 years ago
May 04, 2016
|
Sell 4.15 M USD
|
WEBB THOMAS J
Exec Vice Pres/CFO |
- 100000
|
41.52 USD |
|
8 years ago
Mar 09, 2016
|
Sell 210 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 5125
|
41.0586 USD |
|
8 years ago
Mar 08, 2016
|
Bought 40.7 K USD
|
Soto Myrna
Director |
+ 1000
|
40.742 USD |
|
8 years ago
Mar 08, 2016
|
Sell 367 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 9000
|
40.75 USD |
|
8 years ago
Mar 04, 2016
|
Sell 204 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 5125
|
39.861 USD |
|
8 years ago
Mar 01, 2016
|
Sell 98.9 K USD
|
Malone Daniel J
Senior Vice President |
- 2500
|
39.5604 USD |
|
8 years ago
Feb 16, 2016
|
Sell 782 K USD
|
Butler John M
Senior Vice President |
- 20000
|
39.125 USD |
|
9 years ago
Nov 20, 2015
|
Sell 161 K USD
|
Malone Daniel J
Senior Vice President |
- 4508
|
35.6643 USD |
|
9 years ago
Nov 17, 2015
|
Sell 297 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 8400
|
35.3099 USD |
|
9 years ago
Nov 06, 2015
|
Bought 102 K USD
|
HARVEY WILLIAM D
Director |
+ 3000
|
34.165 USD |
|
9 years ago
May 05, 2015
|
Sell 150 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 4449
|
33.6538 USD |
|
9 years ago
May 06, 2015
|
Sell 150 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 4537
|
33.0011 USD |
|
9 years ago
Apr 28, 2015
|
Sell 348 K USD
|
Rochow Garrick J
Vice President |
- 10000
|
34.76 USD |
|
9 years ago
Feb 25, 2015
|
Sell 263 K USD
|
YASINSKY JOHN B
Director |
- 7387
|
35.61 USD |
|
9 years ago
Feb 18, 2015
|
Sell 562 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 16000
|
35.15 USD |
|
9 years ago
Feb 12, 2015
|
Sell 710 K USD
|
Butler John M
Senior Vice President |
- 20000
|
35.4963 USD |
|
9 years ago
Feb 11, 2015
|
Bought 71.4 K USD
|
HARVEY WILLIAM D
Director |
+ 2000
|
35.7057 USD |
|
10 years ago
Oct 28, 2014
|
Sell 127 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 4000
|
31.86 USD |
|
10 years ago
Aug 13, 2014
|
Sell 147 K USD
|
YASINSKY JOHN B
Director |
- 5000
|
29.352 USD |
|
10 years ago
Aug 05, 2014
|
Sell 50.2 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 1745
|
28.766 USD |
|
10 years ago
Aug 04, 2014
|
Sell 142 K USD
|
Reynolds Catherine M
SVP and General Counsel |
- 5000
|
28.3953 USD |
|
10 years ago
Apr 29, 2014
|
Sell 92.7 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 3100
|
29.91 USD |
|
10 years ago
Mar 04, 2014
|
Sell 285 K USD
|
Brunner James E
SVP & Chief Legal Counsel |
- 10000
|
28.52 USD |
|
10 years ago
Feb 13, 2014
|
Sell 420 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 15000
|
28 USD |
|
10 years ago
Feb 11, 2014
|
Sell 279 K USD
|
Butler John M
Senior Vice President |
- 10000
|
27.88 USD |
|
11 years ago
Oct 29, 2013
|
Sell 55.9 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 2000
|
27.95 USD |
|
11 years ago
Aug 23, 2013
|
Sell 268 K USD
|
BARBA GLENN P
VP, Controller, CAO |
- 10000
|
26.85 USD |
|
11 years ago
Aug 20, 2013
|
Sell 81.1 K USD
|
MENGEBIER DAVID G
Senior Vice President |
- 3000
|
27.04 USD |
|
11 years ago
Aug 16, 2013
|
Bought 80.6 K USD
|
Wright Laura
Director |
+ 3000
|
26.8568 USD |
|
11 years ago
Aug 13, 2013
|
Sell 278 K USD
|
Brunner James E
SVP & General Counsel |
- 10000
|
27.78 USD |
7. News
8. Profile Summary
CMS Energy Corporation CMS-PC
COUNTRY
US
INDUSTRY
Regulated Electric
MARKET CAP
$ 20.3 B
Dividend Yield
0.73%
Description
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.
Contact
One Energy Plaza, Jackson, MI, 49201
https://www.cmsenergy.com
IPO Date
June 28, 2021
Employees
8356
Officers
Mr. Brian F. Rich
Senior Vice President of Customer Experience & Technology and Chief Customer Officer
Mr. LeeRoy Wells Jr.
Senior Vice President of Operations
Mr. Jason M. Shore
Treasurer & Vice President of Investor Relations
Ms. Melissa M. Gleespen
Vice President, Chief Compliance Officer & Corporate Secretary
Mr. Jim G. Beechey
Vice President of IT & Security and Chief Information Officer
Mr. Garrick J. Rochow
President, Chief Executive Officer & Director
Mr. Brandon J. Hofmeister
Senior Vice President of Strategy, Sustainability & External Affairs
Mr. Shaun M. Johnson J.D.
Senior Vice President & General Counsel
Mr. Scott B. McIntosh
Chief Accounting Officer, Controller & Vice President
Mr. Rejji P. Hayes
Executive Vice President & Chief Financial Officer