CMS Energy filed its 25-year integrated resource plan on Sept. 3, detailing plans to add large amounts of renewable energy, battery storage, and natural gas generation to replace retiring units and meet demand growth.
Utility regulation in Michigan has improved since landmark reforms in 2008 and 2016. Support from policymakers and regulators is critical to producing earnings and dividend growth.
CMS' large investment growth plan raises regulatory and project execution risk.
|
Metric
|
CMS
|
DTE
|
WEC
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.83 | 17.19 | 18.59 |
Price/Book Value | 2.09 | 2.11 | 2.35 |
Price/Sales | 2.21 | 1.55 | 3.29 |
Price/Cash Flow | 8.72 | 7.52 | 9.07 |
|
Metric
|
CMS
|
DTE
|
WEC
|
|---|---|---|---|
Quick Ratio | 0.41 | 0.39 | 0.30 |
Current Ratio | 0.94 | 0.80 | 0.53 |
Interest Coverage | 2.31 | 2.05 | 2.99 |
|
Metric
|
CMS
|
DTE
|
WEC
|
|---|---|---|---|
Return on Assets (Normalized) | 2.62% | 2.51% | 3.39% |
Return on Equity (Normalized) | 11.60% | 11.09% | 12.54% |
Return on Invested Capital (Normalized) | 5.80% | 6.19% | 7.12% |
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1-Day Chart
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Name
|
Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
|
Market Cap
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|---|---|---|---|---|---|---|
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| LOCK|t^L!d<? | LOCK|!@>$C | $89B | |||
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AEP
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D
| LOCK|JY^LtTY | LOCK|>#l!T | $53B | |||
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| LOCK|SN&!@Bg | LOCK|@Rq^ | $48B | |||
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| LOCK|G@?SJ%K | LOCK|ZXLF@ | $44B | |||
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| LOCK|f!b!?q | LOCK|^%$! | $42B | |||
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United States