Company Overview
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.
Company Information
- CEO
- Garrick J. Rochow
- Sector
- Utilities
- Industry
- Regulated Electric
- Employees
- 8324
Contact Information
- Website
- https://www.cmsenergy.com
- Address
- One Energy Plaza
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 22.25B market capitalization
- Trading Volume: 41.94K shares traded today
- Price Range: 52-week range of $63.97 - $76.45
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for CMS Energy Corporation
CMS Energy Corporation (CMS) operates in the Regulated Electric industry within the Utilities sector. With a current market capitalization of 22.25B, the company represents a significant player in its market. The stock is currently trading at $74.33 with a negativedaily change of 0.26%.
The company's 8324 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 21.93, beta of 0.35, and 52-week price range from $63.97 to $76.45when evaluating investment opportunities.
Why Invest in CMS Energy Corporation?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Garrick J. Rochow
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Utilities Sector
The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.