CMS Energy(CMS)

Search documents
CMS Energy Announces the Pricing Terms of its Cash Tender Offer for Certain Outstanding Debt Securities
Prnewswire· 2025-06-18 20:01
JACKSON, Mich., June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the pricing terms of the outstanding bonds listed in the table below (the "Bonds") pursuant to the previously announced cash tender offer (the "Tender Offer") for up to $147.095 million aggregate principal amount (the "Aggregate Tender Cap") of the Bonds and certain other series of bonds specified in the Offer to Purchase, dated June 4, 2025 (the "Offer to Purchase") relating to the Tender Offer, ...
CMS Energy Announces the Early Results and Upsizing of its Cash Tender Offer for Certain Outstanding Debt Securities
Prnewswire· 2025-06-18 13:00
| | | | Principal | Acceptance | | | | --- | --- | --- | --- | --- | --- | --- | | Title of | CUSIP | Issuer | Amount | Priority | Series Tender | Principal Amount | | Security | Numbers | | | | Cap | Tendered | | | | | Outstanding | Level | | | | 2.500% First Mortgage Bonds | 210518 DJ2 | Consumers Energy Company | $525,000,0001 | | $147,095,000 | $147,095,000 | | due 2060([1]) | | | | | | | The table below summarizes certain information regarding the 2060 Bonds and the Tender Offer, including the aggregat ...
CMS Energy announces cash tender offers for up to $125 million of outstanding debt securities issued by Consumers Energy
Prnewswire· 2025-06-04 20:00
JACKSON, Mich., June 4, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the commencement of a cash tender offer (the "Tender Offer") for up to $125 million aggregate principal amount (the "Aggregate Tender Cap") of the outstanding bonds listed in the table below (the "Bonds"), which were issued by Consumers Energy Company ("Consumers").The table below summarizes certain information regarding the Bonds and the Tender Offer, including the acceptance priority levels (the ...
CMS Energy Thrives on Strategic Investments & Renewable Growth
ZACKS· 2025-05-28 14:36
CMS Energy Corporation (CMS) is strengthening its operations through planned investments and continues to gain from providing reliable, high-quality services to its customers. The company is increasing its renewable energy portfolio while phasing out coal-generating units.However, this Zacks Rank #3 (Hold) company faces risks related to its unfavorable costs associated with the shutdown of solid waste disposal facilities for coal ash.Positive Drivers for CMS EnergyCMS Energy is heavily investing in infrastr ...
CMS Energy Announces New Organizational Structure to Support its Long-Term Company Strategy
Prnewswire· 2025-05-15 18:00
JACKSON, Mich., May 15, 2025 /PRNewswire/ -- CMS Energy announced today a new corporate organizational structure to support the company's operational transformation and long-term company strategy. The new structure, including new leadership roles and business units, will take effect on July 1, 2025. "CMS Energy's future strategy, long-term ambitions and business unit roadmaps will provide safe, reliable, affordable, clean and equitable energy for our customers and prepare our company for the future. This ne ...
Here's Why CMS Energy (CMS) is a Strong Growth Stock
ZACKS· 2025-04-28 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks ...
CMS Energy(CMS) - 2025 Q1 - Earnings Call Transcript
2025-04-24 22:40
CMS Energy (CMS) Q1 2025 Earnings Call April 24, 2025 06:40 PM ET Company Participants Jason Shore - Treasurer & VP of Investor RelationsGarrick Rochow - President and CEORejji Hayes - EVP & CFODurgesh Chopra - Managing DirectorConstantine Lednev - Vice President - Equity ResearchMichael Sullivan - Director - Equity ResearchAndrew Weisel - Director Conference Call Participants Jeremy Tonet - ED - Equity Research AnalystJulien Dumoulin-Smith - Research AnalystNone - AnalystTravis Miller - AnalystGregg Orrill ...
CMS Energy(CMS) - 2025 Q1 - Earnings Call Presentation
2025-04-24 21:43
LEADING THE CLEAN ENERGY TRANSFORMATION 2025 First Quarter Results & Outlook April 24, 2025 This presentation is made as of the date hereof and contains "forward-looking statements" as defined in Rule 3b-6 of the Securities Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward-looking statements are subject to risks and uncertainties. All forward-looking statements should be considered in the context of the risk and other factors detailed from time to time i ...
CMS Energy(CMS) - 2025 Q1 - Earnings Call Transcript
2025-04-24 20:15
CMS Energy Corporation (NYSE:CMS) Q1 2025 Earnings Conference Call April 24, 2025 9:30 AM ET Company Participants Jason Shore - Treasurer and Vice President-Investor Relations Garrick Rochow - President and Chief Executive Officer Rejji Hayes - Executive Vice President and Chief Financial Officer Conference Call Participants Durgesh Chopra - Evercore ISI Constantine Lednev - Guggenheim Partners Jeremy Tonet - JPMorgan Julien Smith - Jefferies Michael Sullivan - Wolfe Research Alex Lerman - Morgan Stanley Tr ...
CMS Energy Q1 Earnings Miss Estimates, Revenue Increase Y/Y
ZACKS· 2025-04-24 15:55
Core Viewpoint - CMS Energy Corporation reported mixed financial results for the first quarter of 2025, with earnings per share (EPS) slightly missing estimates but revenues exceeding expectations, indicating a strong operational performance despite rising expenses [1][2]. Financial Performance - EPS for Q1 2025 was $1.02, missing the Zacks Consensus Estimate of $1.05 by 2.9%, but increased by 5.2% from $0.97 in the prior-year quarter [1]. - Operating revenues reached $2.45 billion, surpassing the Zacks Consensus Estimate of $2.24 billion by 8.9%, and increased by 12.5% from $2.18 billion in the same quarter last year [1]. - Operating expenses totaled $1.95 billion, up 10.7% from the previous year [2]. - Net income was $295 million, higher than $263 million in the prior-year quarter, but below the projected $329.2 million [2]. Financial Condition - Cash and cash equivalents stood at $465 million as of March 31, 2025, compared to $103 million as of December 31, 2024 [3]. - Total debt and financial leases (excluding securitization debt) were $16.31 billion, up from $15.87 billion as of December 31, 2024 [3]. - Net cash flow from operating activities was $1 billion in Q1 2025, compared to $0.96 billion in the prior-year quarter [3]. Guidance - CMS reaffirmed its 2025 adjusted EPS guidance in the range of $3.54-$3.60, with the Zacks Consensus Estimate currently at $3.59 per share [4]. - The company also reaffirmed its long-term adjusted EPS growth target of 6-8% [4]. Industry Context - NextEra Energy reported adjusted earnings of 99 cents per share, beating estimates, but its operating revenues of $6.24 billion fell short of expectations [6]. - FirstEnergy reported operating earnings of 67 cents per share, exceeding estimates, with operating revenues of $3.77 billion surpassing consensus [7]. - Entergy is scheduled to report its Q1 2025 results on April 29, with consensus estimates indicating a 7.6% improvement in sales year-over-year [9].