CMS Energy Corporation (CMS) Stock

About CMS Energy Corporation

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.

CMS Energy Corporation is led by CEO Garrick J. Rochow, employs 8,324 people, headquartered in Jackson, US, publicly traded since 1987.

CMS Energy Corporation (CMS) stock trades at $74.36 with a market capitalization of $22.97B. The stock is valued at a price-to-earnings (P/E) ratio of 21.10, price-to-book of 2.45, price-to-sales of 2.70. Over the past 52 weeks the stock has ranged between $68.63 and $80.36, and currently trades 7.5% below its 52-week high. It pays a dividend yielding 2.96%.

On profitability, CMS Energy Corporation generates a return on equity (ROE) of 12.35%, above the typical market average, return on capital employed of 4.70%, an operating margin of 19.53%, a net profit margin of 12.55%.

In its most recent fiscal year, CMS Energy Corporation reported annual revenue of $8.5B, net profit of $1.1B, revenue has compounded at 5.9% a year over the last five years, profit at 7.2% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 2.02 — a leveraged balance sheet worth monitoring, a current ratio of 0.84, total assets of $40.4B, $615.0M in cash and equivalents.

CMS has an average daily trading volume of 3,333,369 shares, a beta of 0.34 (less volatile than the overall market).

Official website: www.cmsenergy.com