CMS Energy Corporation – Consensus ‘buy’ rating and 19.4% Upside Potential

Broker Ratings
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CMS Energy Corporation with ticker code (CMS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 77 and 58 and has a mean target at $65.50. Now with the previous closing price of $54.84 this now indicates there is a potential upside of 19.4%. There is a 50 day moving average of $58.73 while the 200 day moving average is $60.54. The market cap for the company is 16.02B. The stock price for the company is currently is currently 54.93 USD

The potential market cap would be $19,139,478,304 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 21.97, 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).

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