CMS Energy Corporation which can be found using ticker (CMS) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $76.00 and $55.00 with the average target price sitting at $68.99. Given that the stocks previous close was at $70.43 this indicates there is a potential downside of -2.0%. It’s also worth noting that there is a 50 day moving average of $67.18 while the 200 day moving average is $61.22. The company has a market capitalization of 21.10B. The stock price is currently at: $70.63 USD
The potential market cap would be $20,667,835,867 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.67, revenue per share of $25.16 and a 2.9% return on assets.
CMS Energy Corporation is an energy company operating primarily in Michigan. The Company manages its businesses by the nature of services each provides, and operates principally in three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The NorthStar Clean Energy segment consisting of subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. Its gas transmission, storage, and distribution system consist of over 2,380 miles of transmission lines with 15 gas storage fields with a total storage capacity of 309 billion cubic feet (bcf).
