(CMS) CMS Energy - Ratings and Ratios

CMS Energy Corporation (NYSE:CMS) is a Michigan-based energy company serving 1.9 million electric and 1.8 million gas customers. It operates through three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment generates electricity from coal, wind, gas, renewable energy, oil, and nuclear sources, distributing through an extensive network. The Gas Utility segment manages natural gas distribution, while NorthStar Clean Energy focuses on renewable generation and independent power production.

The companys infrastructure includes 270 miles of high-voltage overhead lines, 4,646 miles of distribution overhead lines, and 1,098 substations for electricity. The gas network spans 2,342 miles of transmission lines and 28,368 miles of distribution mains. Incorporated in 1987, CMS Energy is headquartered in Jackson, Michigan.

3-Month Forecast: Based on technical and fundamental data, CMS is expected to maintain stability. The stock price, currently at $72.10, is near its 20 and 50-day SMAs, suggesting potential upside. The forward P/E of 20.20 indicates expected earnings growth. With a market cap of $21.74B and RoE of 12.19%, CMS may see moderate appreciation, targeting $75 by Q3-end, supported by its diversified utility segments and renewable energy focus.