image
CMS Energy Corporation CMS
Utilities - Regulated Electric - NYSE - US
Watchlist
$ 70.94
-2.41 %
$ 21.2 B
Market Cap
21.3
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CMS stock under the worst case scenario is HIDDEN Compared to the current market price of 70.9 USD, CMS Energy Corporation is HIDDEN

CMS Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CMS stock under the base case scenario is HIDDEN Compared to the current market price of 70.9 USD, CMS Energy Corporation is HIDDEN

CMS Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CMS stock under the best case scenario is HIDDEN Compared to the current market price of 70.9 USD, CMS Energy Corporation is HIDDEN

CMS Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CMS

image
1M -4%
6M 1%
1Y 23%
3Y 7.0%
5Y 41%
All
$76.0$76.0$74.0$74.0$72.0$72.0$70.0$70.0$68.0$68.0$66.0$66.0$64.0$64.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
7.52 B REVENUE
0.71%
Growth Rates
1Year 0.71%
3Years 0.84%
5Years 1.89%
7Years 1.91%
10Years 0.46%
1.49 B OPERATING INCOME
20.40%
Growth Rates
1Year 20.40%
3Years 92.33%
5Years 33.10%
7Years 1.52%
10Years 2.59%
947 M NET INCOME
17.20%
Growth Rates
1Year 17.20%
3Years -10.70%
5Years 6.79%
7Years 10.80%
10Years 7.05%
2.37 B OPERATING CASH FLOW
2.64%
Growth Rates
1Year 2.64%
3Years 9.22%
5Years 5.77%
7Years 4.82%
10Years 5.06%
-3.05 B INVESTING CASH FLOW
9.81%
Growth Rates
1Year 9.81%
3Years -35.30%
5Years -1.64%
7Years -7.28%
10Years -4.81%
614 M FINANCING CASH FLOW
-46.28%
Growth Rates
1Year -46.28%
3Years 59.81%
5Years -9.44%
7Years 27.84%
10Years 2.12%
1.99 B REVENUE
14.11%
Growth Rates
1Year 0.71%
3Years 0.84%
5Years 1.89%
7Years 1.91%
10Years 0.46%
425 M OPERATING INCOME
15.80%
Growth Rates
1Year 20.40%
3Years 92.33%
5Years 33.10%
7Years 1.52%
10Years 2.59%
255 M NET INCOME
3.24%
Growth Rates
1Year 17.20%
3Years -10.70%
5Years 6.79%
7Years 10.80%
10Years 7.05%
403 M OPERATING CASH FLOW
32.57%
Growth Rates
1Year 2.64%
3Years 9.22%
5Years 5.77%
7Years 4.82%
10Years 5.06%
-953 M INVESTING CASH FLOW
-11.46%
Growth Rates
1Year 9.81%
3Years -35.30%
5Years -1.64%
7Years -7.28%
10Years -4.81%
261 M FINANCING CASH FLOW
13.97%
Growth Rates
1Year -46.28%
3Years 59.81%
5Years -9.44%
7Years 27.84%
10Years 2.12%
Balance Sheet CMS Energy Corporation
image
Current Assets 2.79 B
Cash & Short-Term Investments 103 M
Receivables 1.06 B
Other Current Assets 1.62 B
Non-Current Assets 33.1 B
Long-Term Investments 69 M
PP&E 27.5 B
Other Non-Current Assets 5.6 B
2.96 %4.52 %76.45 %15.59 %Total Assets$35.9b
Current Liabilities 2.59 B
Accounts Payable 917 M
Short-Term Debt 521 M
Other Current Liabilities 1.15 B
Non-Current Liabilities 20.1 B
Long-Term Debt 10.9 B
Other Non-Current Liabilities 9.14 B
4.05 %5.09 %48.24 %40.32 %Total Liabilities$22.7b
EFFICIENCY
Earnings Waterfall CMS Energy Corporation
image
Revenue 7.52 B
Cost Of Revenue 0
Gross Profit 7.52 B
Operating Expenses 6.03 B
Operating Income 1.49 B
Other Expenses 540 M
Net Income 947 M
8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b008b08b(6b)1b(540m)947mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 56.83%
5Years 49.62%
7Years 45.78%
10Years 42.95%
19.79% OPERATING MARGIN
19.79%
Averages
1Year 19.79%
3Years 13.26%
5Years 9.72%
7Years 10.10%
10Years 12.93%
13.35% NET MARGIN
13.35%
Averages
1Year 13.35%
3Years 11.66%
5Years 11.24%
7Years 10.81%
10Years 9.94%
8.80% ROE
8.80%
Averages
1Year 8.80%
3Years 10.83%
5Years 11.44%
7Years 12.08%
10Years 12.12%
2.79% ROA
2.79%
Averages
1Year 2.79%
3Years 2.70%
5Years 2.64%
7Years 2.63%
10Years 2.55%
3.70% ROIC
3.70%
Averages
1Year 3.70%
3Years 2.62%
5Years 1.94%
7Years 2.13%
10Years 2.59%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis CMS Energy Corporation
image
3b3b2b2b2b2b1b1b500m500m00(500m)(500m)(1b)(1b)(1b)(1b)(2b)(2b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 947 M
Depreciation & Amortization 1.24 B
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 0
Others 183 M
Free Cash Flow 2.37 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets CMS Energy Corporation
image
Wall Street analysts predict an average 1-year price target for CMS of $70.6 , with forecasts ranging from a low of $59 to a high of $80 .
CMS Lowest Price Target Wall Street Target
59 USD -16.83%
CMS Average Price Target Wall Street Target
70.6 USD -0.48%
CMS Highest Price Target Wall Street Target
80 USD 12.77%
Price
Max Price Target
Min Price Target
Average Price Target
808075757070656560605555May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.78% DIVIDEND YIELD
0.542 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.290.310.33250.35750.38250.40750.4350.460.48750.5150.54250.290.310.33250.35750.38250.40750.4350.460.48750.5150.290.310.33250.35750.38250.40750.4350.460.48750.5150.291.160.311.240.33251.330.35751.430.38251.530.40751.630.4351.740.461.840.48751.950.5152.060.542015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Download SVG
Download PNG
Download CSV
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership CMS Energy Corporation
image
Sold
0-3 MONTHS
790 K USD 3
3-6 MONTHS
2.23 M USD 3
6-9 MONTHS
402 K USD 2
9-12 MONTHS
366 K USD 3
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
7. News
4 Utility Stocks to Play Safe as Markets Brace for Black Monday It's safe to bet on utility stocks like AVA, CMS, EXC and SWX during times of market volatility. zacks.com - 1 week ago
Buy 5 Low-Beta High-Yielding Stocks Amid Trump Tariffs and Market Rout Five low-beta stocks with high dividend yield look attractive at current market scenario. These are: ATO, WEC, EXC, CMS, CNP. zacks.com - 2 weeks ago
CMS Energy to Announce 2025 First Quarter Results on April 24 JACKSON, Mich. , April 3, 2025 /PRNewswire/ -- CMS Energy announced today it will provide 2025 first quarter results along with a business and financial outlook at 9:30 a.m. prnewswire.com - 2 weeks ago
Trump's Retaliatory Tariffs Threaten Markets: 5 Low-Beta Stocks to Buy Investing in defensive stocks like SWX, CMS, TAP, SONY and CAH is a safe bet during times of market volatility. zacks.com - 2 weeks ago
Is CMS Energy (CMS) Stock Outpacing Its Utilities Peers This Year? Here is how CMS Energy (CMS) and Exelon (EXC) have performed compared to their sector so far this year. zacks.com - 2 weeks ago
4 Utility Stocks to Buy as Consumer Confidence Sinks to 12-Year Low Utility stocks like AVA, CMS, NI and CNP are a safe bet amid growing concerns of a slowing economy. zacks.com - 3 weeks ago
Take the Zacks Approach to Beat the Markets: CMS Energy, Chevron, AutoZone in Focus Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months. zacks.com - 3 weeks ago
5 Low-Beta Defensive Stocks to Buy as Fed Adopts Cautious Approach Defensive stocks like CMS, NI, CNP, TAP and CSV are safe bets during times of market volatility. zacks.com - 1 month ago
Top Renewable Energy & Battery Storage Stocks Worth Investing in 2025 The growth prospects for renewable energy and battery storage stocks like AEE, CMS, BE and STEM remain promising, backed by growing global electricity demand. zacks.com - 1 month ago
Are Utilities Stocks Lagging CMS Energy (CMS) This Year? Here is how CMS Energy (CMS) and Iberdrola S.A. (IBDRY) have performed compared to their sector so far this year. zacks.com - 1 month ago
$334 Million in Construction Financing Secured for Two Major Michigan Solar Projects ANN ARBOR, Mich. , March 17, 2025 /PRNewswire/ -- NorthStar Clean Energy recently secured up to $334 million in construction-to-term financing for two transformative solar projects in Michigan. prnewswire.com - 1 month ago
Here's Why You Must Add CMS Energy Stock to Your Portfolio Now CMS is a solid pick in the utility space, given its prospects, ROE, better solvency, systematic investment plan and ability to raise shareholder value via regular dividends. zacks.com - 1 month ago
8. Profile Summary

CMS Energy Corporation CMS

image
COUNTRY US
INDUSTRY Regulated Electric
MARKET CAP $ 21.2 B
Dividend Yield 0.78%
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 May 1, 1987
Employees 8324
Officers Mr. Garrick J. Rochow President, Chief Executive Officer & Director 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. LeeRoy Wells Jr. Senior Vice President of Operations Mr. Scott B. McIntosh Chief Accounting Officer, Controller & Vice President Ms. Amanda M. Wagenschutz Vice President of People & Culture Operations Mr. Jason M. Shore Treasurer & Vice President of Investor Relations Mr. Shaun M. Johnson J.D. General Counsel & Senior Vice President of Business Optimization Mr. Rejji P. Hayes Executive Vice President & Chief Financial Officer Mr. Brandon J. Hofmeister Senior Vice President of Strategy, Sustainability & External Affairs