CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079
General ticker "CMSD" information:
- Sector: Utilities
- Industry: Regulated Electric
- Capitalization: $7.0B (TTM average)
CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 does not follow the US Stock Market performance with the rate: -20.3%.
Estimated limits based on current volatility of 1.1%: low 20.00$, high 20.43$
Factors to consider:
- Company pays dividends (irregularly): last record date 2026-08-17, amount 0.37$ (Y1.84%)
- Total employees count: 8350 (+0.3%) as of 2025
- Company does not operate outside North America (retrieved using AI)
- Top business risk factors: Liquidity and credit risks, Regulatory and compliance, Market disruptions, Commodity price volatility, Environmental liabilities
- Current price 10.2% below estimated low
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [21.89$, 28.22$]
- 2025-12-31 to 2026-12-31 estimated range: [22.36$, 28.84$]
Financial Metrics affecting the CMSD estimates:
- Positive: with PPE of 7.0 at the end of fiscal year the price was neutral
- Positive: Operating cash flow per share per price, % of 33.93 > 24.19
- Positive: 15.80 < Operating profit margin, % of 19.79
- Negative: 12.78 < Shareholder equity ratio, % of 22.54 <= 25.20
- Positive: 1.88 < Return on assets ratio (scaled to [-100,100]) of 2.53
- Negative: -3.92 < Inventory ratio change, % of -1.88
- Negative: Industry operating profit margin (median), % of 19.79 <= 26.54
- Negative: Interest expense per share per price, % of 10.47 > 10.35
Short-term CMSD quotes
Long-term CMSD plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $8,596.00MM | $7,462.00MM | $7,515.00MM |
| Operating Expenses | $7,372.00MM | $6,227.00MM | $6,028.00MM |
| Operating Income | $1,224.00MM | $1,235.00MM | $1,487.00MM |
| Non-Operating Income | $-322.00MM | $-281.00MM | $-364.00MM |
| Interest Expense | $521.00MM | $646.00MM | $731.00MM |
| Income(Loss) | $902.00MM | $954.00MM | $1,123.00MM |
| Taxes | $93.00MM | $147.00MM | $176.00MM |
| Other Income(Loss) | $4.00MM | $1.00MM | $0.00MM |
| Net Income(Loss)* | $833.00MM | $887.00MM | $1,003.00MM |
| Stockholders Equity | $7,015.00MM | $7,544.00MM | $8,230.00MM |
| Inventory | $1,117.00MM | $938.00MM | $769.00MM |
| Assets | $31,353.00MM | $33,517.00MM | $36,511.00MM |
| Operating Cash Flow | $855.00MM | $2,309.00MM | $2,370.00MM |
| Capital expenditure | $2,374.00MM | $3,219.00MM | $3,018.00MM |
| Investing Cash Flow | $-2,474.00MM | $-3,380.00MM | $-3,054.00MM |
| Financing Cash Flow | $1,325.00MM | $1,137.00MM | $614.00MM |
| Earnings Per Share** | $2.88 | $3.05 | $3.36 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.