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CMS Energy Stock Price

60.67 +0.43 +0.71% Volume: 2,946,160 06.11.21 04:04 ET

Investors - Corporate Overview Boxes

CMS Energy Stock Price

11Jun2021 04:04 ET 60.67 +0.43 +0.71% Volume: 2,946,160

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at www.cmsenergy.com.

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Corporate Profile

CMS Energy's business strategy is focused primarily on its principal subsidiary, Consumers Energy, an electric and natural gas utility serving about 6.7 million of Michigan's 10 million residents. With its CMS Enterprises subsidiary, CMS Energy also is engaged in independent power generation in several states.

Recent News

10Jun2021
Consumers Energy Urges Michigan Residents to Protect Themselves Against Energy Fraud
Every day across Michigan criminals pretending to be from Consumers Energy and other utilities try to scam people out of money and personal information. With accounts of phone and in-person scams identified in several parts of the state, Consumers Energy is sharing information so residents know how to recognize and report these scams. "At Consumers Energy safety is always our top priority, and that extends to our customers and the public. We want everyone to be protected against energy scams," said Chris Bush, director of corporate security for Consumers Energy. "The best defense is to learn the signs of possible scams and what to do if you think a scam is occurring. This can help keep you, your personal information and your money safe," he added. Bush noted that scams involving utilities keep popping up in Michigan, with recent reports of in-person home solicitations in Lansing where a large Consumers Energy natural gas enhancement project is taking place, as well as scam phone calls...
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8Jun2021
CMS Energy Announces the Strategic Sale of EnerBank USA to Regions Bank for $960 Million
- Simplifies CMS Energy's investment thesis with a pure focus on energy
- Exits a non-core business at a compelling valuation of 3.0x book equity
- Funds key initiatives in core utility businesses (including clean energy transformation) and eliminates equity issuance needs from 2022 to 2024
- Improves risk-profile
- Preserves CMS Energy's long-term adjusted EPS growth rate of 6 to 8 percent*  CMS Energy (NYSE: CMS) ("CMS") today announced that it has executed a definitive agreement to sell its wholly-owned subsidiary, EnerBank USA, to Regions Bank, a subsidiary of Regions Financial Corporation (NYSE: RF) ("Regions") for cash in a transaction valued at $960 million. The transaction is expected to close in the fourth quarter of 2021, subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions. Financial Outlook 2021 Adjusted EPS Guidance^ Amount Consolidated (Reaffirmed) $2.83 - $2.87* Continuing Operations...
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7Jun2021
Consumers Energy Puts Electric Vehicle Transformation into High Gear with New Effort for Michigan Businesses
Company to Offer Expertise, $3 Million in Rebates for Charging Locations Consumers Energy is putting the electric vehicle transformation into high gear with a major new program to help businesses statewide transition to carbon-free EVs. Consumers Energy's new PowerMIFleet program will focus on Michigan businesses, offering expertise and $3 million in rebates for charging locations throughout the state. "Michigan was the birthplace of the American auto industry. Now, we are the center of the industry's clean energy revolution," said Lauren Youngdahl Snyder, Consumers Energy's vice president for customer experience. "With PowerMIFleet, we at Consumers Energy are taking our success with EVs to the next level making it easier for other businesses to join us on this Clean Energy journey." Through PowerMIFleet, Consumers Energy will provide expertise and consultation services to Michigan businesses, governments and school systems that are looking to electrify their vehicle fleets and charge...
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18May2021
Consumers Energy Introduces New Summer Peak Rate, Giving Households More Control over Energy Costs
Customers Can Shift Energy Use to Save Money, Protect Planet  Consumers Energy is giving Michigan households the ability to lower energy bills and take meaningful actions to protect the planet with a new standard Summer Peak Rate that will go into effect June 1 for 1.6 million residential electric customers. The Summer Peak Rate gives customers more control over their energy bills, rewarding them for taking advantage of lower-cost electricity that's available most of the day. The new approach is part of Consumers Energy's Clean Energy Plan. If households make small changes now like shifting energy use away from high-demand times, it could eliminate the need to build new power plants. For most of the year, households will pay a single price for electricity. From June through September, on-peak pricing will be in effect weekdays from 2 to 7 p.m. Consumers Energy has sent letters to all of its residential electric customers explaining the new rate's impact on their bills and offering...
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Recent SEC Filings

Filing Date Form Description Download / View
06.08.21 8-K Current report filing
05.17.21 8-K Current report filing
05.11.21 8-K Current report filing
05.10.21 4 Statement of Changes in Beneficial Ownership
05.10.21 4 Statement of Changes in Beneficial Ownership
05.10.21 4 Statement of Changes in Beneficial Ownership
05.10.21 4 Statement of Changes in Beneficial Ownership

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