Skip to Content

CMS Energy Corp CMS

Morningstar Rating
$60.50 −0.13 (0.21%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

CMS is trading at a 126% premium.
Price
$60.63
Fair Value
$98.00
Uncertainty
Low
1-Star Price
$61.22
5-Star Price
$33.20
Economic Moat
Srhdqg
Capital Allocation
Cwrhjtdgj

Bulls Say, Bears Say

Bulls

Utility regulation in Michigan has improved since landmark reforms in 2008 and 2016. Support from policymakers and regulators is critical to realizing earnings and dividend growth.

Bears

Operating cost cuts have helped keep customer rates mostly flat and regulators happy, but that could change if customer bills start rising because of CMS' planned investments.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CMS is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$60.63
Day Range
$60.2560.90
52-Week Range
$49.8763.76
Bid/Ask
$59.96 / $61.03
Market Cap
$18.07 Bil
Volume/Avg
2.3 Mil / 2.4 Mil

Key Statistics

Price/Earnings (Normalized)
17.94
Price/Sales
2.42
Dividend Yield (Trailing)
3.31%
Dividend Yield (Forward)
3.40%
Total Yield
3.31%

Company Profile

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.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Mid Core
Total Number of Employees
8,356

Competitors

Valuation

Metric
CMS
DTE
LNT
Price/Earnings (Normalized)
17.9418.5117.90
Price/Book Value
2.342.081.89
Price/Sales
2.421.903.21
Price/Cash Flow
9.057.649.38
Price/Earnings
CMS
DTE
LNT

Financial Strength

Metric
CMS
DTE
LNT
Quick Ratio
0.400.310.23
Current Ratio
0.980.600.56
Interest Coverage
2.482.912.71
Quick Ratio
CMS
DTE
LNT

Profitability

Metric
CMS
DTE
LNT
Return on Assets (Normalized)
2.68%2.84%2.98%
Return on Equity (Normalized)
12.24%11.51%9.35%
Return on Invested Capital (Normalized)
6.18%6.14%5.90%
Return on Assets
CMS
DTE
LNT
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Electric Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NextEra Energy Inc
NEE
StpcrksnSnmpyyz$154.9 Bil
Southern Co
SO
RshwwdqmlMlylkj$85.2 Bil
Duke Energy Corp
DUK
BjgrjgnqZwcqbw$79.2 Bil
PG&E Corp
PCG
BjhcqdfyBxr$47.2 Bil
American Electric Power Co Inc
AEP
KwwzqlmfvCmtmwv$46.5 Bil
National Grid PLC ADR
NGG
WkxmqdxVfxzt$45.0 Bil
Dominion Energy Inc
D
RzylkkylYzkyyyz$43.1 Bil
Public Service Enterprise Group Inc
PEG
MzlrfcvqMrzhgxp$36.3 Bil
Exelon Corp
EXC
GwklvbryMxvnqfy$36.2 Bil
Consolidated Edison Inc
ED
MpbcglzhQhxj$31.7 Bil

Sponsor Center