Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
CMS Energy Corp (CMSA)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/16/2025: CMSA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 19.47% | Avg. Invested days 50 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.00B USD | Price to earnings Ratio 11.91 | 1Y Target Price - |
Price to earnings Ratio 11.91 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 20.32 - 24.38 | Updated Date 06/28/2025 |
52 Weeks Range 20.32 - 24.38 | Updated Date 06/28/2025 | ||
Dividends yield (FY) 6.33% | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 11.91 | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
CMS Energy Corp
Company Overview
History and Background
CMS Energy Corp. was founded in 1987 as CMS Energy Corporation, evolving from Consumers Power Company, which was established in 1886. It initially focused on providing electricity and natural gas services in Michigan, expanding over time to include energy infrastructure investments and renewable energy projects. A significant milestone was the strategic refocus on its core utility business, Consumers Energy, in the early 2000s.
Core Business Areas
- Consumers Energy: Provides electricity and natural gas to approximately 6.8 million of Michigan's 10 million residents.
- CMS Enterprises: Develops, owns, and operates independent power generation businesses, primarily focused on renewable energy projects across the United States.
Leadership and Structure
CMS Energy Corp. is led by a board of directors and executive leadership team. Patti Poppe served as CEO until late 2020, succeeded by Garrick Rochow. The organizational structure includes various departments overseeing operations, finance, legal, and strategic planning.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Consumers Energy distributes electricity to residential, commercial, and industrial customers across Michigan. It serves 1.9 million electric customers. Competitors include DTE Energy.
- Natural Gas Distribution: Consumers Energy distributes natural gas to residential, commercial, and industrial customers across Michigan. It serves 1.8 million natural gas customers. Competitors include DTE Energy.
- Independent Power Generation: CMS Enterprises develops and operates power plants and renewable energy projects. They compete with companies like NextEra Energy and AES Corporation.
Market Dynamics
Industry Overview
The utility industry is currently undergoing a transition towards cleaner energy sources, with increasing regulatory pressure to reduce carbon emissions. Utilities are investing in renewable energy infrastructure and modernizing their grids. The market is also influenced by economic growth, population changes, and energy efficiency initiatives.
Positioning
CMS Energy Corp. is a major player in the Michigan energy market, with a strong position in electricity and natural gas distribution. Its competitive advantages include its established infrastructure, customer base, and investments in renewable energy.
Total Addressable Market (TAM)
The TAM for the utility industry is valued in the hundreds of billions of dollars annually in the US. CMS Energy Corp is well-positioned to capture a significant portion of the TAM, especially in the Midwest region, through its regulated utility operations and investments in renewable energy generation. A large amount of CMS energyu2019s revenue comes from Michigan.
Upturn SWOT Analysis
Strengths
- Strong market position in Michigan
- Diversified revenue streams (regulated utility and independent power generation)
- Investments in renewable energy
- Established infrastructure
- Strong credit rating
Weaknesses
- Dependence on regulatory environment
- Exposure to commodity price fluctuations
- Capital intensive business
- Vulnerability to weather-related events
- Rate case outcomes
Opportunities
- Expansion of renewable energy portfolio
- Modernization of grid infrastructure
- Growth in electric vehicle adoption
- Increased energy efficiency initiatives
- Government incentives for renewable energy projects
Threats
- Increased competition from other utilities
- Changes in regulatory policies
- Economic downturn
- Rising interest rates
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- DTE Energy (DTE)
- NextEra Energy (NEE)
- Southern Company (SO)
Competitive Landscape
CMS Energy Corp. competes with other utilities in Michigan and across the United States. Its advantages include its strong market position in Michigan and its investments in renewable energy. Disadvantages include its dependence on the regulatory environment and its capital-intensive business model.
Growth Trajectory and Initiatives
Historical Growth: CMS Energy Corp.'s historical growth has been driven by increasing demand for electricity and natural gas, investments in infrastructure, and acquisitions.
Future Projections: Future growth is expected to be driven by investments in renewable energy, grid modernization, and population growth in Michigan. Analyst estimates can be found on financial websites.
Recent Initiatives: Recent initiatives include investments in solar and wind energy projects, modernization of the electric grid, and energy efficiency programs.
Summary
CMS Energy Corp. is a major player in the Michigan energy market with a diversified business model and a focus on renewable energy. The company benefits from a strong market position and established infrastructure, but faces challenges related to regulation and commodity prices. Investing in grid modernization and renewable energy are key to its future growth. Regulatory changes and economic conditions will significantly impact the company's performance.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Financial news websites
- Analyst reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Market share data is approximate. Due diligence is recommended before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About CMS Energy Corp
Exchange NYSE | Headquaters - | ||
IPO Launch date 2018-03-12 | CEO - | ||
Sector Utilities | Industry Multiline Utilities | Full time employees 7822 | Website |
Full time employees 7822 | Website | ||
CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segment's transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,431 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,098 miles of electric distribution overhead lines; 10,665 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment's gas transmission, storage, and distribution system comprises 1,672 miles of transmission lines; 15 gas storage fields; 28,194 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. This segment owns interests in independent power plants totaling 1,203 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in Michigan's Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.