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CMS Energy (CMS) Stock

Profile

Sector:

Utilities

Industry:

Electric

Country:

United States

IPO:

01 May 1987

Indexes:

Description:

CMS Energy Corporation is an American energy holding company that operates primarily in the state of Michigan. The company was founded in 1987 and is located in Jackson, Michigan. CMS Energy owns and operates its subsidiary electric companies Consumers, CMS Enterprises, and the industrial bank EnerBank. CMS Energy is involved in the production, purchase, transmission, distribution, and sale of electricity and natural gas. The company generates electricity through coal, wind, gas, renewable energy sources, oil, and nuclear sources. The company also engages in independent power production and energy marketing, including the development and operation of renewable energy sources. Through EnerBank, the company manages an industrial bank that provides consumer installment loans for home repair financing.

Key Details

Price

$66.82

TTM Dividend Yield

3.08%(-8.06% YoY)

Annual Revenue

$7.46 B(-13.19% YoY)

Annual EPS

$3.01(+5.61% YoY)

PE Ratio

19.15(-1.34% YoY)

Beta

0.01

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 01, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 13, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

12 Dec '24 Scotiabank
Sector Outperform
22 Nov '24 Morgan Stanley
Equal-Weight
05 Nov '24 Jefferies
Buy
01 Nov '24 BMO Capital
Outperform
16 Oct '24 Wells Fargo
Overweight
15 Oct '24 Mizuho
Neutral
15 Oct '24 Barclays
Equal-Weight
01 Oct '24 Mizuho
Outperform
30 Sept '24 Keybanc
Overweight
30 Sept '24 BMO Capital
Outperform

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Institutional Ownership

CMS Energy's Arm Announces Plans to Upgrade Natural Gas System
CMS Energy's Arm Announces Plans to Upgrade Natural Gas System
CMS Energy's Arm Announces Plans to Upgrade Natural Gas System
CMS
zacks.com19 December 2024

CMS's Consumer Energy division has announced a strategy to upgrade Michigan's natural gas system. This plan aims to improve the safety, reliability, and efficiency of the infrastructure.

CMS Energy: Continuing On A Steady Path
CMS Energy: Continuing On A Steady Path
CMS Energy: Continuing On A Steady Path
CMS
seekingalpha.com13 December 2024

CMS Energy is a significant utility in Michigan, providing services to 6.8 million people and having a market value of $20.03 billion. The company covers most areas of the state, excluding Detroit, but with Michigan's population not growing much, it may struggle to gain new customers. To address this, CMS Energy intends to invest $17 billion between 2024 and 2028, targeting a 7.5% increase in its rate base.

Wix Recognized as the Most Accessible Website Platform CMS and Best SEO Performer
Wix Recognized as the Most Accessible Website Platform CMS and Best SEO Performer
Wix Recognized as the Most Accessible Website Platform CMS and Best SEO Performer
CMS
globenewswire.com03 December 2024

The yearly report, which includes expert evaluations and detailed information, identified Wix as a top performer in web accessibility and search engine optimization (SEO).

CMS Energy Eliminates More Than 72K Outages With Smart Technology
CMS Energy Eliminates More Than 72K Outages With Smart Technology
CMS Energy Eliminates More Than 72K Outages With Smart Technology
CMS
zacks.com03 December 2024

CMS greatly improves Michigan's power grid by using ATRs.

Creative Realities' Clarity™: Purpose-built CMS Tech Stack Powers Digital Menu Boards Transformation for Fast Growing QSR Brands like 7 Brew and Steele Brands
Creative Realities' Clarity™: Purpose-built CMS Tech Stack Powers Digital Menu Boards Transformation for Fast Growing QSR Brands like 7 Brew and Steele Brands
Creative Realities' Clarity™: Purpose-built CMS Tech Stack Powers Digital Menu Boards Transformation for Fast Growing QSR Brands like 7 Brew and Steele Brands
CMS
globenewswire.com21 November 2024

LOUISVILLE, Ky., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (NASDAQ: CREX, CREXW), a top provider of digital signage and media solutions, is sharing the impressive progress and transformative effects of its specially designed digital menu board CMS platform, Clarity™.

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
CMS
prnewswire.com08 November 2024

On November 8, 2024, in Jackson, Michigan, the CMS Energy Board of Directors announced a dividend for the Series C 4.200% Cumulative Redeemable Perpetual Preferred Stock.

Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
CMS
prnewswire.com08 November 2024

On November 8, 2024, in Jackson, Michigan, the Board of Directors at Consumers Energy, which is the main subsidiary of CMS Energy, announced a quarterly dividend for the Utility's preferred stock.

CMS Decision And O&P Network Build Out Make Myomo A Buy
CMS Decision And O&P Network Build Out Make Myomo A Buy
CMS Decision And O&P Network Build Out Make Myomo A Buy
CMS
seekingalpha.com05 November 2024

Myomo's business model has become sustainable because CMS has reclassified MyoPro, resulting in one-time payments and steady insurance coverage. The improvements in Medicare Part B coverage have boosted Myomo's profit margins and increased product sales. Additionally, creating a network of Orthopedic and Prosthetic clinics will reduce the costs of gaining new customers and lead to ongoing sales, supporting long-term growth and profitability.

Telix Welcomes CMS Decision to Improve Payments for Diagnostic Radiopharmaceuticals
Telix Welcomes CMS Decision to Improve Payments for Diagnostic Radiopharmaceuticals
Telix Welcomes CMS Decision to Improve Payments for Diagnostic Radiopharmaceuticals
CMS
globenewswire.com03 November 2024

MELBOURNE, Australia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX) is pleased to announce that the U.S. Centers for Medicare & Medicaid Services (CMS) will now provide separate payments for specialized diagnostic radiopharmaceuticals for Medicare Fee for Service patients in hospital outpatient settings, even after the transitional pass-through payment period. This important decision will improve access to advanced imaging agents for all patients and hospitals in the future.

CMS grants Transitional Pass-Through Payment for Medtronic Symplicity Spyral™ renal denervation catheter
CMS grants Transitional Pass-Through Payment for Medtronic Symplicity Spyral™ renal denervation catheter
CMS grants Transitional Pass-Through Payment for Medtronic Symplicity Spyral™ renal denervation catheter
CMS
prnewswire.com01 November 2024

The Symplicity™ blood pressure procedure provides a new method for patients to reduce their blood pressure. Medtronic plc announced that the Centers for Medicare & Medicaid Services (CMS) has approved transitional pass-through (TPT) payment for the Symplicity Spyral™ renal denervation catheter, which will start on January 1, 2025, and last for three years. This payment aims to improve patient access to innovative technologies, including those recognized as Breakthrough Devices.

FAQ

  • What is the primary business of CMS Energy?
  • What is the ticker symbol for CMS Energy?
  • Does CMS Energy pay dividends?
  • What sector is CMS Energy in?
  • What industry is CMS Energy in?
  • What country is CMS Energy based in?
  • When did CMS Energy go public?
  • Is CMS Energy in the S&P 500?
  • Is CMS Energy in the NASDAQ 100?
  • Is CMS Energy in the Dow Jones?
  • When was CMS Energy's last earnings report?
  • When does CMS Energy report earnings?
  • Should I buy CMS Energy stock now?

What is the primary business of CMS Energy?

CMS Energy Corporation is an American energy holding company that operates primarily in the state of Michigan. The company was founded in 1987 and is located in Jackson, Michigan. CMS Energy owns and operates its subsidiary electric companies Consumers, CMS Enterprises, and the industrial bank EnerBank. CMS Energy is involved in the production, purchase, transmission, distribution, and sale of electricity and natural gas. The company generates electricity through coal, wind, gas, renewable energy sources, oil, and nuclear sources. The company also engages in independent power production and energy marketing, including the development and operation of renewable energy sources. Through EnerBank, the company manages an industrial bank that provides consumer installment loans for home repair financing.

What is the ticker symbol for CMS Energy?

The ticker symbol for CMS Energy is NYSE:CMS

Does CMS Energy pay dividends?

Yes, CMS Energy pays dividends. The last payment was $0.52, with an ex-dividend date on 13 November 2024

What sector is CMS Energy in?

CMS Energy is in the Utilities sector

What industry is CMS Energy in?

CMS Energy is in the Electric industry

What country is CMS Energy based in?

CMS Energy is headquartered in United States

When did CMS Energy go public?

CMS Energy's initial public offering (IPO) was on 01 May 1987

Is CMS Energy in the S&P 500?

Yes, CMS Energy is included in the S&P 500 index

Is CMS Energy in the NASDAQ 100?

No, CMS Energy is not included in the NASDAQ 100 index

Is CMS Energy in the Dow Jones?

No, CMS Energy is not included in the Dow Jones index

When was CMS Energy's last earnings report?

CMS Energy's most recent earnings report was on 31 October 2024

When does CMS Energy report earnings?

The next expected earnings date for CMS Energy is 31 January 2025

Should I buy CMS Energy stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions