CMS Energy
About: CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Employees: 8,356
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7,407% more call options, than puts
Call options by funds: $54.1M | Put options by funds: $720K
30% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 69
18% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 227
17% more capital invested
Capital invested by funds: $17B [Q2] → $20B (+$2.94B) [Q3]
3% more funds holding
Funds holding: 674 [Q2] → 695 (+21) [Q3]
1.05% less ownership
Funds ownership: 95.88% [Q2] → 94.84% (-1.05%) [Q3]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$67
1%
upside
Avg. target
$74
11%
upside
High target
$77
16%
upside
8 analyst ratings
5 positive
63%
3 neutral
38%
0 negative
0%
Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target | 16%upside $77 | Sector Outperform Maintained | 12 Dec 2024 |
Morgan Stanley Stephen Byrd 52% 1-year accuracy 58 / 111 met price target | 1%upside $67 | Equal-Weight Maintained | 22 Nov 2024 |
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 73 / 135 met price target | 14%upside $76 | Buy Initiated | 5 Nov 2024 |
BMO Capital James Thalacker 64% 1-year accuracy 49 / 77 met price target | 14%upside $76 | Outperform Maintained | 1 Nov 2024 |
Wells Fargo Neil Kalton 60% 1-year accuracy 28 / 47 met price target | 16%upside $77 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 6 articles about CMS published over the past 30 days
Positive
Zacks Investment Research
1 day ago
CMS Energy's Arm Announces Plans to Upgrade Natural Gas System
CMS's unit, Consumer Energy, reveals a plan to modernize Michigan's natural gas system to boost safety, reliability and efficiency of its infrastructure.
Neutral
Seeking Alpha
1 week ago
CMS Energy: Continuing On A Steady Path
CMS Energy, a major Michigan utility, serves 6.8 million residents and has a market cap of $20.03 billion. The company serves most of the state outside of Detroit. The population of Michigan appears rather stagnant, so the company will likely have difficulty generating growth through the addition of new customers. CMS Energy plans to invest $17 billion from 2024-2028, aiming for 7.5% rate base growth.
Positive
Zacks Investment Research
1 week ago
CMS Energy Rides on Investments and Expansion of Renewable Portfolio
CMS is expected to benefit from its systematic investment plan and expansion of its renewable generation portfolio.
Positive
Investors Business Daily
1 week ago
Dividend Stock CMS Energy Powers Blend Of Growth, Yield, Stability
The company boasts a three-year annual EPS growth rate of 9%, a trend expected to continue. The post Dividend Stock CMS Energy Powers Blend Of Growth, Yield, Stability appeared first on Investor's Business Daily.
Positive
Kiplinger
1 week ago
The Best Utility Stocks to Buy
Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here, we look at how you can find the best ones to buy.
Neutral
Zacks Investment Research
2 weeks ago
CMS Energy Eliminates More Than 72K Outages With Smart Technology
CMS significantly enhances Michigan's power grid by employing ATRs.
Positive
24/7 Wall Street
1 month ago
Inflation Is Still Here: Grab These 4 High-Yield Dividend Blue Chips to Fight It Now
Neutral
PRNewsWire
1 month ago
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
JACKSON, Mich. , Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation.
Neutral
PRNewsWire
1 month ago
Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
JACKSON, Mich. , Nov. 8, 2024 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stock.
Positive
Zacks Investment Research
1 month ago
CMS Energy (CMS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for CMS Energy (CMS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Charts implemented using Lightweight Charts™