# CMS Energy Corporation  Share Price Target ‘$63.59’, now 5.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/cms-energy-corporation-share-price-target-63.59-now-5.6-upside-potential/4121154368
- Published: 2024-05-01T14:18:07+01:00
- Author: Charlotte Edwards

**CMS Energy Corporation** with ticker code (CMS) now have 15 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between $68.00 and $55.00 suggesting an average analyst share price
target price of $63.59. (at the time of writing). Given that the stocks previous
close was at $60.20 this would indicate that there is a potential upside of 5.6%.
The 50 day MA is $58.82 and the 200 day MA is $57.32. The company has a market capitalization
of 18.10B. The stock price is currently at: $60.61 USD

 The potential market cap would be $19,119,534,536 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 18.48, revenue per share of $25.13
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).

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