CMS Energy Corporation with ticker code (CMS) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $71.00 and $55.00 calculating the average target price we see $64.39. Now with the previous closing price of $60.63 this indicates there is a potential upside of 6.2%. Also worth taking note is the 50 day moving average now sits at $60.75 and the 200 day MA is $57.72. The total market capitalization for the company now stands at 18.07B. The stock price for the company is currently is currently $60.50 USD
The potential market cap would be $19,187,877,062 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 18.45, 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).
