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 Energy Corporation, 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 | 0.979000 |
|---|---|
| forwardPE | 18.082563 |
| debtToEquity | 194.861000 |
| earningsGrowth | 0.066000 |
| revenueGrowth | 0.123000 |
| grossMargins | 0.415270 |
| operatingMargins | 0.216750 |
| trailingEps | 3.520000 |
| forwardEps | 4.173910 |
CMS's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
CMS's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty.
CMS's positive gross and operating margins highlight its profitability and operational efficiency. These strong margins demonstrate the company's ability to control costs while generating substantial revenue, contributing to a healthy financial performance.
CMS's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that CMS's financial performance will improve in the current financial year.
Price projections:
The steady upward revision of CMS Energy Corporation's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about CMS Energy Corporation's future prospects and potential for growth.
Insider Transactions:
CMS experienced 10 selling transactions, with market price of 73.69300079345703.CMS stock was bought in 1 transactions, while the market price was at 76.58999633789062.Investors are purchasing CMS more frequently than selling it near the current price levels, which might point to a bullish sentiment. This pattern could be interpreted as a favorable outlook for the stock's future.
Recommendation changes over time:
The analysts' recent buy bias for CMS indicates strong confidence in the stock's future performance. This could encourage more investors to view CMS as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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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