CMS Energy Corporation which can be found using ticker (CMS) have now 14 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 77 and 58 and has a mean target at $66.71. Given that the stocks previous close was at $56.81 this would imply there is now a potential upside of 17.4%. The 50 day moving average now sits at $59.13 and the 200 day MA is $60.62. The market capitalization for the company is 16.60B. The stock price for the company is currently 56.91 USD
The potential market cap would be $19,495,364,782 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 22.76, revenue per share of 28.05 and a 2.61% 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).
