Skip to Content
Morningstar

CMS Energy Corp CMS

Morningstar Rating
Unlock
Stock XNYS Rating as of
$60.28 +0.33 (0.55%)
View Full Chart
As of Delayed Price Post-Trading: $60.28 0.00
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Price vs Fair Value

View History
CMS is trading at a 5% premium.
Price
$59.95
Fair Value
$58.00
Uncertainty
Low
1-Star Price
$44.99
5-Star Price
$31.10
Economic Moat
Czxjx
Capital Allocation
Nlkjxdng

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.

Show More
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.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$59.95
Day Range
$59.24–60.41
52-Week Range
$49.87–63.76
Bid/Ask
$24.12 / $61.00
Market Cap
$18.00 Bil
Volume/Avg
5.5 Mil / 2.5 Mil

Key Statistics

Price/Earnings (Normalized)
19.28
Price/Sales
2.34
Dividend Yield (Trailing)
3.30%
Dividend Yield (Forward)
3.44%
Total Yield
3.30%

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
Website
https://www.cmsenergy.com

Competitors

Valuation

View More
Metric
CMS
LNT
WEC
Price/Earnings (Normalized)
 19.2817.8517.70
Price/Book Value
 2.411.892.21
Price/Sales
 2.343.142.91
Price/Cash Flow
 9.249.359.30
Price/Earnings
CMS
LNT
WEC

Financial Strength

Metric
CMS
LNT
WEC
Quick Ratio
 0.400.140.30
Current Ratio
 0.980.550.55
Interest Coverage
 2.482.793.11
Quick Ratio
CMS
LNT
WEC

Profitability

Metric
CMS
LNT
WEC
Return on Assets (Normalized)
 2.82%3.46%3.40%
Return on Equity (Normalized)
 13.01%10.95%12.56%
Return on Invested Capital (Normalized)
 6.37%7.05%6.97%
Return on Assets
CMS
LNT
WEC
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Utilities - Regulated Electric Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NEE
NextEra Energy IncRvvrjptyDrwrxl$136.0 Bil
SO
Southern CoNsvppbqynxLhxrx$80.2 Bil
DUK
Duke Energy CorpSbpjnsnsYrwrgw$75.7 Bil
NGG
National Grid PLC ADRSgqrcmdrWzdnk$48.1 Bil
AEP
American Electric Power Co IncJxwglfyvHlvchry$44.7 Bil
PCG
PG&E CorpFfmpcqlwGjzd$44.3 Bil
D
Dominion Energy IncWjsknpswRvbrwm$42.4 Bil
EXC
Exelon CorpKmmfxpfvTqscsf$36.7 Bil
PEG
Public Service Enterprise Group IncJptqntqnLdlbbb$33.2 Bil
ED
Consolidated Edison IncQswgwsxHqz$32.1 Bil

Sponsor Center