CMS Energy

CMS Energy Corp. is a holding company, which engages in the provision of electric and natural gas activities. It operates through the following business segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment consists of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment includes purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The Enterprises segment is involved in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. The company was founded in 1987 and is headquartered in Jackson, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CMS Energy posts strong earnings, boosts dividend, and eyes clean energy growth

CMS Energy's Q4 2022 earnings call highlighted robust financial performance, supported by higher sales and a positive outlook for 2023.
The company's focus on safety, reliability, and clean energy, along with cost reduction initiatives, positions it well for future growth.
Despite facing challenges like increasing equity needs and demand sensitivity, CMS Energy is leveraging opportunities in clean energy and revenue growth.

CMS Energy reports resilient Q1 performance amidst weather challenges

CMS Energy's Q1 2023 earnings call highlighted resilience in the face of weather challenges, emphasizing operational efficiency, customer service, and strategic investments in clean energy.
Despite weather-related impacts on sales volumes, the company remains focused on sustainable cost savings, system reliability enhancements, and transparent communication with stakeholders.
Opportunities for growth and innovation exist in infrastructure development, customer engagement, and regulatory compliance, positioning CMS Energy for long-term success and stakeholder value creation.

CMS Energy reports strong Q2 earnings, focuses on clean energy

CMS Energy's Q2 performance reflects progress in clean energy transformation, cost management, and strategic investments, despite operational challenges.
The company's strengths in clean energy initiatives, financial stability, and growth opportunities position them well for future success.
Addressing challenges with operational efficiency and seizing growth opportunities through infrastructure investments are key focus areas for CMS Energy.

CMS Energy meets Q3 expectations, focuses on long-term growth

CMS Energy's Q3 performance met expectations with a focus on long-term growth.
Efficiency measures and cost savings initiatives are sustaining financial strength.
Challenges like supply chain issues and regulatory updates are being actively addressed.
Opportunities in renewable energy and non-utility businesses drive future growth.

CMS Energy exceeds earnings expectations, poised for sustainable growth

CMS Energy demonstrated robust financial performance in 2023, surpassing earnings guidance and offsetting weather-related challenges, supported by a strong commitment to clean energy initiatives and sustainable growth.
The company's strategic focus on renewable energy investments, regulatory compliance, and long-term financial objectives positions it well for future growth opportunities and stakeholder value creation.
Despite facing challenges in project incorporation and cost management, CMS Energy's proactive approach to financial planning, regulatory compliance, and community engagement underscores resilience and strategic foresight in navigating industry dynamics.

CMS Energy meets Q1 earnings, poised for growth amid challenges

CMS Energy's Q1 performance met expectations, driven by key financial and operational factors.
The company's strategic strengths in modernization, clean energy, and growth support a positive outlook.
Challenges in regulatory, political, and operational fronts are being navigated with confidence and adaptability, while opportunities in clean energy and market dynamics are being actively pursued.

CMS Energy reports solid Q2 results, eyes growth opportunities ahead

CMS Energy's Q2 2024 earnings call highlighted steady financial performance, regulatory wins, and operational efficiency. Challenges from weather and potential future financing needs were acknowledged. The company is well-positioned to capitalize on growth opportunities through strategic initiatives.

CMS Energy excels in Q3 earnings, eyes clean energy growth

CMS Energy's strong financial performance and strategic investments position the company for sustainable growth and customer-centric operations.
Balancing reliability enhancements with cost efficiency and regulatory compliance will be key challenges for CMS Energy in the evolving energy landscape.
Opportunities lie in clean energy investments, industrial partnerships, and market adaptation to drive future growth and operational excellence.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CMS Energy Corp. engages in the provision of electric and natural gas activities. It operates through the following business segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment focuses on generation, purchase, distribution, and sale of electricity. The Gas Utility segment includes purchase, transmission, storage, distribution, and sale of natural gas. The NorthStar Clean Energy segment is involved in domestic independent power production including the development and operation of renewable generation and the marketing of independent power production. The company was founded in 1987 and is headquartered in Jackson, MI.

JACKSON, Mich., April 27, 2021 /PRNewswire/ -- Forbes has named Consumers Energy as the top utility company in the country and second overall in Michigan in its latest ranking of "America's Best Employers for Diversity," recognizing Consumers Energy's major effort to be a leading company for diversity, equity and inclusion.

Forbes Names Consumers Energy as No. 1 Utility Company for Workplace Diversity in U.S.

CMS Energy's (CMS) Q1 results are expected to reflect favorable weather conditions and recovering economic activities in Michigan

CMS Energy (CMS) to Report Q1 Earnings: What's in the Cards?

J.B. Hunt Transport Services

Nucor

When looking for bargains, investors could be interested in the following three companies, as their stocks have low price-to-median-price-sales-values when compared to the average of the S&P 500 (which stands around 1.7 as of the writing of this article).

3 Low Median Price-Sales Stocks to Consider

JACKSON, Mich., April 19, 2021 /PRNewswire/ -- Consumers Energy is celebrating Earth Week by announcing it has now built the backbone for the still-growing fast charging network for electric vehicles across Michigan.

Consumers Energy Leads Michigan's Electric Vehicle Transformation, Plans 200 Fast Charging Stations by 2024

JACKSON, Mich., April 15, 2021 /PRNewswire/ -- Michigan communities in Oscoda, Livingston and Gratiot counties are receiving a total of $50,000 for projects designed to make smaller Michigan communities better places to live and work after winning the Consumers Energy Foundation's 2021 "Put Your Town on the Map" competition.

Consumers Energy Foundation's 'Put Your Town on the Map' Competition Awards $50,000 to Three Community Projects

JACKSON, Mich., April 8, 2021 /PRNewswire/ -- CMS Energy announced today it will provide 2021 first quarter results along with a business and financial outlook at 9:30 a.m.

CMS Energy to Announce 2021 First Quarter Results on April 29

JACKSON, Mich., April 1, 2021 /PRNewswire/ -- After more than a year of dealing with the COVID-19 pandemic, many Michiganders are more than ready to undertake outdoor digging projects like landscaping and other home improvements.

Spring Signals Start to Excavation Projects; Gov. Whitmer Declares April Safe Digging Month in Michigan

JACKSON, Mich., March 15, 2021 /PRNewswire/ -- Michigan Attorney General Dana Nessel and Consumers Energy are launching a public campaign today to ensure Michigan residents take advantage of tens of millions in federal, state and local dollars that will help households and small businesses pay winter heating bills.

Consumers Energy and Attorney General Dana Nessel: Tens of Millions of Dollars Available to Pay Winter Bills

CMS Energy's (CMS) subsidiary, Consumers Energy is set to buy 140 megawatts (MW) of clean energy from the solar facility, which is expected to be completed in 2022

CMS Energy's (CMS) Arm Signs 140MW Solar PPA in Michigan

JACKSON, Mich., March 11, 2021 /PRNewswire/ -- Consumers Energy announced today an agreement to purchase 140 megawatts of clean, renewable energy – enough to power about 70,000 residential customers -- from the Calhoun Solar Center.

Consumers Energy Plans More Clean Energy for Michigan from Solar Project in Calhoun County

Renewables have proven to be a very popular and profitable investment theme over the past year.

CMS Energy: Ambitious Renewable Energy Goals, Some Possible Challenges

JACKSON, Mich., Feb. 9, 2021 /PRNewswire/ -- CMS Energy announced today the calculation of the tax status of its 2020 common stock dividends. The following is an allocation of the 2020 common stock (CUSIP #125896100) dividends for United States federal income tax purposes: Record Date...

CMS Energy Announces Fourth Quarter Return of Capital Dividend

CMS Energy Corporation (CMS) CEO Garrick Rochow on Q4 2020 Results - Earnings Call Transcript

CMS Energy's (CMS) operating revenues of $1,798 million miss the Zacks Consensus Estimate by 1.7%. The top line, however, inches up 0.2% on a year-over-year basis.

CMS Energy's (CMS) Q4 Earnings Beat Estimates, Revenues Miss

CMS Energy (CMS) delivered earnings and revenue surprises of 1.82% and -1.69%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

CMS Energy (CMS) Q4 Earnings Beat Estimates

CMS Energy's (CMS) Q4 results are expected to reflect improved electric sales as well as recovery in commercial and industrial sales.

CMS Energy (CMS) to Report Q4 Earnings: What's in the Cards?

CMS Energy (CMS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for CMS Energy (CMS)

Blackrock Inc

Intel

Fastenal

BlackRock, Intel, Fastenal, and CMS Energy were among the companies that announced dividend increases this week.

BlackRock, Intel, and Other Companies That Raised Their Dividends This Week

JACKSON, Mich., Jan. 21, 2021 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 43.50 cents per share, up from 40.75 cents per share. Based on Wednesday's closing price for CMS Energy common stock, $58.70, the...

CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 43.50 Cents Per Share

JACKSON, Mich., Jan. 14, 2021 /PRNewswire/ -- CMS Energy announced today it will provide 2020 year-end results along with a business and financial outlook at 9:30 a.m. EST on Thursday, February 4, 2021. A webcast of the presentation will be available on CMS Energy's website, cmsenergy.com....

CMS Energy to Announce 2020 Year-End Results on February 4

The Michigan Public Service Commission (MPSC) has earlier approved the acquisition of up to 525 MW of new wind generation projects by CMS Energy's (CMS) Consumers

CMS Energy's (CMS) Gratiot Farms Starts Wind Power Supply

While CMS Energy is categorized as a large-cap value selection, there are better "value" opportunities in the utility sector. CMS Energy is trading at a PE of 21.6x, a yield of 2.6%, and a price to book value of 3.6x vs. sector averages of 17.7x, 3.9%, and 1.95x, respectfully.

CMS Energy: For Conservative Investors, As Dionne Warwick Sang, 'Walk On By'

JACKSON, Mich., Nov. 24, 2020 /PRNewswire/ -- CMS Energy announced today that LeeRoy Wells Jr. is named senior vice president of operations, effective December 1, 2020, following Garrick Rochow being named president and CEO last week. LeeRoy currently serves as the vice president of gas...

CMS Energy Announces LeeRoy Wells Jr. as Senior Vice President of Operations, Tonya Berry Named Vice President of Gas Operations

PG&E

CMS Energy Corp. said Chief Executive Patricia Poppe is leaving the company effective Dec. 1, after four years in the role, to take the CEO role at PG&E Corp. , effective Jan. 4. CMS said Garrick Rochow, currently executive vice president of operations at the Michigan-based electric and natural gas utility, will succeed Poppe.

CMS Energy CEO Poppe to step down, to become CEO at PG&E

JACKSON, Mich., Nov. 18, 2020 /PRNewswire/ -- CMS Energy announced today that Patti Poppe is leaving the company, effective December 1, 2020, to take the position as CEO at PG&E Corporation in California. Garrick Rochow, current executive vice president of operations, will succeed Poppe...

News for CMS Energy Stock (CMS)