CMS Energy Corporation which can be found using ticker (CMS) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 72 and 54 with the average target price sitting at $63.00. Given that the stocks previous close was at $53.54 this indicates there is a potential upside of 17.7%. It’s also worth noting that there is a 50 day moving average of $55.83 and the 200 day MA is $59.70. The market cap for the company is 15.81B. The current share price for the company is: 54.18 USD
The potential market cap would be $18,598,496,318 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 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).
