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CMS Energy (CMS)

(Delayed Data from NYSE)

$60.48 USD

60.48
5,007,155

+0.20 (0.33%)

Updated Apr 25, 2024 04:00 PM ET

After-Market: $60.48 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 35% (87 out of 251)

Industry: Utility - Electric Power

Better trading starts here.

Balance Sheet

Research for CMS

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for CMS Energy Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 248 182 476 185 157
Receivables 944 1,580 943 882 903
Notes Receivable 0 0 0 275 242
Inventories 938 1,117 667 576 605
Other Current Assets 709 554 541 486 424
Total Current Assets 2,839 3,433 2,627 2,404 2,331
Net Property & Equipment 25,072 22,713 22,352 21,039 18,926
Investments & Advances 76 71 71 70 71
Other Non-Current Assets 22 23 30 2,631 2,281
Deferred Charges 5,151 4,803 2,259 2,653 2,489
Intangibles 0 0 0 0 0
Deposits & Other Assets 357 310 1,414 869 739
Total Assets 33,517 31,353 28,753 29,666 26,837
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 93 20 0 0 90
Accounts Payable 809 936 886 678 635
Current Portion Long-Term Debt 980 1,099 382 1,506 1,130
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 196 122 119 126 139
Income Taxes Payable 612 538 515 457 437
Other Current Liabilities 205 270 302 307 273
Total Current Liabilities 2,895 2,985 2,204 3,074 2,704
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2,741 2,536 2,322 1,978 1,775
Convertible Debt 0 0 0 0 0
Long-Term Debt 14,508 13,122 12,046 13,634 11,951
Non-Current Capital Leases 62 68 46 56 76
Other Non-Current Liabilities 5,186 5,047 4,947 4,847 5,276
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 25,392 23,758 21,565 23,589 21,782
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 224 224 224 0 0
Common Stock (Par) 3 3 3 3 3
Capital Surplus 5,705 5,490 5,406 5,365 5,113
Retained Earnings 1,658 1,350 1,057 214 -25
Other Equity 535 528 498 495 -36
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 8,125 7,595 7,188 6,077 5,055
Total Liabilities & Shareholder's Equity 33,517 31,353 28,753 29,666 26,837
Total Common Equity 7,901 7,371 6,964 6,077 5,055
Shares Outstanding 294.40 291.20 289.70 288.90 283.80
Book Value Per Share 26.84 25.31 24.04 21.03 17.81

Fiscal Year End for CMS Energy Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 248 184 406 598
Receivables NA 944 690 721 1,022
Notes Receivable NA 0 0 0 0
Inventories NA 938 1,060 887 726
Other Current Assets NA 709 515 589 643
Total Current Assets NA 2,839 2,449 2,603 2,989
Net Property & Equipment NA 25,072 24,694 24,264 23,003
Investments & Advances NA 76 74 72 72
Other Non-Current Assets NA 22 30 24 23
Deferred Charges NA 5,151 5,100 5,081 5,045
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 357 166 221 254
Total Assets NA 33,517 32,513 32,265 31,386
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 93 247 0 0
Accounts Payable NA 809 846 759 687
Current Portion Long-Term Debt NA 980 1,043 1,132 1,433
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 196 186 166 153
Income Taxes Payable NA 612 159 405 408
Other Current Liabilities NA 205 238 275 261
Total Current Liabilities NA 2,895 2,719 2,737 2,942
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 2,741 2,668 2,630 2,579
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 14,508 14,114 13,925 12,985
Non-Current Capital Leases NA 62 63 65 66
Other Non-Current Liabilities NA 5,191 5,202 5,162
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 25,392 24,755 24,559 23,734
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 224 224 224 224
Common Stock (Par) NA 3 3 3 3
Capital Surplus NA 5,705 5,515 5,506 5,494
Retained Earnings NA 1,658 1,495 1,463 1,410
Other Equity NA 535 521 510 521
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 8,125 7,758 7,706 7,652
Total Liabilities & Shareholder's Equity NA 33,517 32,513 32,265 31,386
Total Common Equity 0 7,901 7,534 7,482 7,428
Shares Outstanding 298.60 294.40 291.70 291.70 291.60
Book Value Per Share 0.00 26.84 25.83 25.65 25.47