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Cms energy Corporation (CMS) |
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Price: $57.4400
$0.11 
0.192%
|
| Day's High:
| $58.12
| Week Perf:
| 1.07 %
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| Day's Low: |
$ 57.18 |
30 Day Perf: |
5.84 % |
| Volume (M): |
2,458 |
52 Wk High: |
$ 65.72 |
| Volume (M$): |
$ 141,182 |
52 Wk Avg: |
$59.27 |
| Open: |
$57.30 |
52 Wk Low: |
$49.87 |
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| Market Capitalization (Millions $) |
16,718 |
| Shares
Outstanding (Millions) |
291 |
| Employees |
9,778 |
| Revenues (TTM) (Millions $) |
6,921 |
| Net Income (TTM) (Millions $) |
886 |
| Cash Flow (TTM) (Millions $) |
224 |
| Capital Exp. (TTM) (Millions $) |
1,804 |
Cms Energy Corporation
CMS Energy is an integrated energy company with a business strategy focused primarily
in Michigan. We are the parent holding company of Consumers and Enterprises. Consumers
is a combination electric and gas utility company serving Michigans Lower Peninsula.
Enterprises, through subsidiaries, is engaged in domestic and international diversified
energy businesses including: independent power production; natural gas transmission,
storage and processing; and energy services. We manage our businesses by the nature
of services each provides and operate principally in three business segments:
electric utility, gas utility, and enterprises.
We earn our revenue and generate cash from operations by providing electric
and natural gas utility services, electric power generation, gas transmission,
storage, and processing, and other energy-related services. Our businesses are
affected by weather, especially during the key heating and cooling seasons,
economic conditions, particularly in Michigan, regulation and regulatory issues
that primarily affect our gas and electric utility operations, interest rates,
our debt credit rating, and energy commodity prices.
Our strategy involves rebuilding our balance sheet and refocusing on our core
strength: superior utility operation. Over the next few years, we expect this
strategy to reduce our parent company debt substantially, improve our debt ratings,
grow earnings at a mid-single digit rate, restore a meaningful dividend, and
position the company to make new investments consistent with our strengths.
In the near term, our new investments will focus on the utility.
Company Address: One Energy Plaza Jackson 49201 MI
Company Phone Number: 788?0550 Stock Exchange / Ticker: NYSE CMS
| CMS is expected to report next financial results on February 08, 2024. |
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Customers Net Income fell by |
CMS's Customers Net Profit Margin fell to |
-54.89 % |
4.7 %
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| Stock Performances by Major Competitors |
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Oceantech Acquisitions I Corp
The July to September 30, 2023 reporting cycle has revealed the financial performance of various businesses, including those in the Electric Utilities sector. In this article, we will focus on the financial results of OTEC and Oceantech Acquisitions I Corp, two key players in the industry. Additionally, we will contextualize the current performance of Oceantech Acquisitions I Corp in light of recent market trends and its position relative to its 52-week high.
OTEC Operating Deficit in Fiscal Q3 2023:
OTECH recently disclosed an operating deficit of $-0.616315 million for the fiscal three months closing on September 30, 2023. Shareholders anticipate a new business model to be introduced as soon as possible to address this deficit. While the company has faced challenges, it remains focused on finding sustainable solutions to restore profitability.
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Altc Acquisition Corp
As the July to September 2023 reporting season unfolds, Altc Acquisition Corp, a company in the Electric Utilities industry, has announced its latest financial results. Despite facing certain challenges, the corporation has witnessed positive growth and financial improvements in key areas. In this article, we will analyze the impact of these financial results on the future prospects of Altc Acquisition Corp.
1. Operating Loss:
During the fiscal period closing on September 30, 2023, Altc Acquisition Corp recorded an operating loss of $-2.041 million. While this indicates a negative figure, it is essential to consider it in the context of the previous year's third quarter. Comparatively, the operating loss of $-0.402616 million in the same period in 2022 suggests a significant improvement in the company's performance.
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Ocean Thermal Energy Corporation
In the Electric Utilities sector, the focus has been on the leaders, but some smaller businesses have recently reported their earnings. CPWR, a company in this sector, announced an operating loss of $-0.401548 million for the third quarter of 2023. This operating loss represents a decline compared to the $-0.39019 million loss the company experienced in the third quarter of 2022.
Investors, however, are particularly interested in whether CPWR can show improvement in its top-line growth. Unfortunately, the company's fiscal third quarter of 2023 revealed an absence of top-line growth. Additionally, the net deficit for this quarter was reported at $-335.735 million, a significant increase from the $-2.441 million deficit seen in the same quarter of the previous year.
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Heliogen Inc
Heliogen Inc, a leading solar power technology company, recently released its financial results for the fiscal period spanning July to September 2023. These figures highlight positive changes in Heliogen's performance, indicating a potential turnaround for the company. Let's dive into the key findings and analyze their implications for investors.
Earnings per Share (EPS) and Loss Reduction
Heliogen Inc witnessed a remarkable improvement in its earnings per share (EPS) during the July to September 2023 fiscal interval. With a loss of $3.13 per share, Heliogen's results showed a substantial recovery when compared to the prior year's loss of $4.90 per share. This upward trend reflects the company's efforts to optimize its operations, control expenses, and streamline its business model.
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Tennessee Valley Authority
Tennessee Valley Authority (TVA) recently released its financial results for the fiscal fourth quarter of 2023, showcasing balanced books and a decline in revenue and net income compared to the previous year. This article will provide an overview and analysis of the financial figures and their implications for TVA's profitability and market performance.
Financial Results Overview:
For the fiscal fourth quarter of 2023, TVA achieved balanced books with earnings per share at $0.00, the same as the previous year. However, this marks an improvement from the previous reporting season. The company's revenue decreased by -17.573% to $3.38 billion compared to $4.10 billion in the same period last year. On a sequential basis, revenue increased by 25.352% from $2.70 billion.
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| Per Share |
Current |
| Earnings (TTM) |
3.13 $ |
| Revenues (TTM) |
23.78 $
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| Cash Flow (TTM) |
0.77 $ |
| Cash |
0.63 $
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| Book Value |
26.66 $
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| Dividend (TTM) |
2.3 $ |
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| Per Share |
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| Earnings (TTM) |
3.13 $
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| Revenues (TTM) |
23.78 $ |
| Cash Flow (TTM) |
0.77 $ |
| Cash |
0.63 $
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| Book Value |
26.66 $ |
| Dividend (TTM) |
2.3 $ |
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| Electric utility |
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Segment |
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of total Revenue |
| Gas utility |
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Segment |
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of total Revenue |
| Enterprises |
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Segment |
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of total Revenue |
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2.17% 