CMS Energy Corporation is an energy company operating primarily in Michigan. It manages its businesses by the nature of services each provides and operates principally in three business segments: Electric Utility, Gas Utility and NorthStar Clean Energy. The Electric Utility segment consists of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment consists of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The NorthStar Clean Energy segment consists of various 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 consists of 2,342 miles of transmission lines with 15 gas storage fields with a total storage capacity of 309 billion cubic feet (Bcf).
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 8.54B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 64.84%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 64.84%.
Overvalued
The company’s latest PE is 21.51, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 302.88M shares, decreasing 3.32% quarter-over-quarter.
Held by George Soros
Star Investor George Soros holds 1.07M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.56.