Ticker
CMS

Price
59.09
Stock movement up
+0.44 (0.75%)
Company name
CMS Energy Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Utilities >
Utilities-Regulated Electric
Market cap
17.23B
Ent value
36.95B
Price/Sales
2.00
Price/Book
1.70
Div yield
3.49%
Div growth
6.10%
Growth years
15
FCF payout
-63.15%
Trailing P/E
20.84
Forward P/E
17.64
PEG
2.94
EPS growth
11.76%
1 year return
-4.88%
3 year return
-1.44%
5 year return
1.60%
10 year return
7.32%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.06
Dividend yield3.49%
Payout frequencyQuarterly
Maximum yield33.73%
Average yield3.97%
Minimum yield2.35%
Discount to avg yield-13.89%
Upside potential-12.19%
Yield as % of max yield10.33%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.49%
Current yield distribution10.00%
Yield at 100% (Min)2.35%
Yield at 90%2.55%
Yield at 80%2.64%
Yield at 50% (Median)2.87%
Yield at 20%3.27%
Yield at 10%3.49%
Yield at 0% (Max)33.73%

Dividend per share

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Dividend per share data
Years of growth15 years
CCC statusDividend Contender
Dividend per share2.06
Payout frequencyQuarterly
Ex-div date9 Feb 2024
EPS (TTM)2.86
EPS (1y forward)3.35
EPS growth (5y)11.76%
EPS growth (5y forward)7.09%

Dividend growth

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Dividend growth data
CMSS&P500
DGR MR5.64%-16.32%
DGR TTM-66.37%4.05%
DGR 3 years5.66%5.24%
DGR 5 years6.10%5.40%
DGR 10 years6.54%7.07%
DGR 15 years11.82%6.12%
Time since last change announced78 days
EPS growth (5y)11.76%
EPS growth (5y forward)7.09%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM93.23%-63.15%
Average--
Forward61.49%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E20.84
Price to OCF17.33
Price to FCF-
Price to EBITDA9.08
EV to EBITDA19.48

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.00
Price to Book1.70
EV to Sales4.30

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FINANCIALS

Per share

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Per share data
Current share count291.60M
EPS (TTM)2.86
FCF per share (TTM)-4.22

Income statement

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Income statement data
Revenue (TTM)8.60B
Gross profit (TTM)7.69B
Operating income (TTM)1.22B
Net income (TTM)827.00M
EPS (TTM)2.86
EPS (1y forward)3.35

Margins

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Margins data
Gross margin (TTM)89.47%
Operating margin (TTM)14.24%
Profit margin (TTM)9.62%

Balance Sheet

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Balance Sheet data
Cash43.00M
Net receivables10.00M
Total current assets3.24B
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets29.92B
Accounts payable864.00M
Short/Current long term debt10.29B
Total current liabilities2.87B
Total liabilities19.76B
Shareholder's equity10.15B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)994.00M
Capital expenditures (TTM)2.24B
Free cash flow (TTM)-1.22B
Dividends paid (TTM)771.00M

Financial returns

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Financial returns data
Return on Equity8.14%
Return on Assets2.76%
Return on Invested Capital3.24%
Cash Return on Invested Capital-4.78%

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STOCK INFORMATION

Stock chart

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Stock price data
Open58.74
Daily high59.40
Daily low58.61
Daily Volume2.15M
All-time high73.56
1y analyst estimate68.40
Beta0.33
EPS (TTM)2.86
Dividend per share2.06
Ex-div date9 Feb 2024
Next earnings date25 Apr 2024

Downside potential

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Downside potential data
CMSS&P500
Current price drop from All-time high-19.67%-0.85%
Highest price drop-93.01%-56.47%
Date of highest drop11 Mar 20039 Mar 2009
Avg drop from high-39.97%-11.35%
Avg time to new high90 days13 days
Max time to new high4768 days1805 days

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COMPANY DETAILS
CMS (CMS Energy Corporation) company logo
Marketcap
17.23B
Marketcap category
Large-cap
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.
Employees
8560
SEC filings
CEO
Patricia Poppe
Country
USA
City
Jackson
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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