CMS Energy's decade-long transformation into a high-quality regulated utility positions it for a long runway of growth as long as Michigan regulators continue to support energy infrastructure investment.
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
|
WEC
|
LNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.80 | 21.29 | 23.45 |
Price/Book Value | 2.46 | 2.61 | 2.60 |
Price/Sales | 2.53 | 3.66 | 4.37 |
Price/Cash Flow | 9.64 | 10.39 | 12.66 |
|
Metric
|
CMS
|
WEC
|
LNT
|
|---|---|---|---|
Quick Ratio | 0.44 | 0.45 | 0.34 |
Current Ratio | 0.84 | 0.68 | 0.69 |
Interest Coverage | 2.48 | 2.93 | 2.30 |
|
Metric
|
CMS
|
WEC
|
LNT
|
|---|---|---|---|
Return on Assets (Normalized) | 2.94% | 3.33% | 3.15% |
Return on Equity (Normalized) | 13.10% | 12.33% | 10.49% |
Return on Invested Capital (Normalized) | 6.27% | 7.09% | 6.18% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| LOCK|^Yw$Sk% | LOCK|>q&g | $185B | |||
| Southern Co
SO
| LOCK|RKpVz?jv | LOCK|nv<g | $107B | |||
| Duke Energy Corp
DUK
| LOCK|WsC#vQF | LOCK|$hn@ | $97B | |||
| National Grid PLC ADR
NGG
| LOCK|@%>G%<p | LOCK|F<<^ | $84B | |||
| American Electric Power Co Inc
AEP
| LOCK|HDg$h@d | LOCK|%>^Z | $72B | |||
| Dominion Energy Inc
D
| LOCK|&j%<rn | LOCK|@^>$C | $62B | |||
| Entergy Corp
ETR
| LOCK|bCsrP@ | LOCK|CxHV | $53B | |||
| Xcel Energy Inc
XEL
| LOCK|kxXcFl& | LOCK|%T%S | $49B | |||
| Exelon Corp
EXC
| LOCK|$b^n?Z | LOCK|Rs?g | $47B | |||
| Consolidated Edison Inc
ED
| LOCK|>?jzN^ | LOCK|@L | $41B |
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United States