# CMS Energy Corporation – Consensus ‘buy’ rating and 5.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/cms-energy-corporation-consensus-buy-rating-and-5.6-upside-potential/4121134922
- Published: 2023-12-01T11:38:03+00:00
- Author: Charlotte Edwards

**CMS Energy Corporation** with ticker code (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 $65.00 and $54.00 with the
average target price sitting at $59.93. Now with the previous closing price of $
56.75 and the analysts are correct then there would likely be a percentage uptick
in value of 5.6%. The 50 day moving average now sits at $54.82 and the 200 day MA
is $58.37. The company has a market cap of 16.56B. The stock price for the company
is currently is currently $56.76 USD

 The potential market cap would be $17,488,497,279 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 22.35, revenue per share of $26.81
and a 2.56% 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).

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