More about CMS Energy Corporation
Regulatory Filings for CMS Energy Corporation
Fundamentals for CMS Energy Corporation
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Fundamentals for CMS Energy Corporation
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Electric
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.
Revenue projections:
Investors are expected to be cautious with CMS, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 1.355000 |
|---|---|
| forwardPE | 17.904076 |
| debtToEquity | 189.812000 |
| earningsGrowth | 0.089000 |
| revenueGrowth | 0.116000 |
| grossMargins | 0.401500 |
| operatingMargins | 0.179490 |
| trailingEps | 3.620000 |
| forwardEps | 4.173910 |
CMS Energy Corporation's current ratio, being 1.355, means the company is well-positioned to meet its short-term debt obligations. This reflects CMS Energy Corporation's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
CMS's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation.
CMS's elevated debt-to-equity ratio reflects substantial leverage, meaning the company relies heavily on borrowed funds. This could increase financial risk, particularly in times of economic uncertainty or if the company's profitability declines.
CMS's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting CMS to generate stronger earnings compared to the previous financial year.
Price projections:
CMS's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect CMS to continue its positive trajectory.
Insider Transactions:
8 CMS Energy Corporation sales were executed, with market price at 74.6200008392334.1 separate transactions to buy CMS Energy Corporation were completed, while market price hovered around 76.58999633789062.The trend of more buys compared to sells around CMS's current price levels may signal investor optimism. This behavior suggests that the market is expecting a favorable outcome for the stock, leading to increased buying activity.
Recommendation changes over time:
Analysts are favoring CMS with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider CMS as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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