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Is the Options Market Predicting a Spike in CMS Energy (CMS) Stock?
ZACKS· 2024-07-09 13:15
What is Implied Volatility? What do the Analysts Think? Given the way analysts feel about CMS Energy right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered appr ...
CMS Energy (CMS), Jupiter Ink Deal for 100MW Battery Storage
ZACKS· 2024-06-28 16:45
CMS Energy Corp.'s (CMS) subsidiary, Consumers Energy, has signed a deal to collaborate with Jupiter Power to build 100 Megawatts (MW) of battery energy storage projects in Michigan. This partnership agreement should put CMS a step toward duly achieving its net-zero carbon emission goal by 2040. Growth Prospects DUK's long-term earnings growth rate is 6.1%. The Zacks Consensus Estimate for 2024 sales implies a rise of 3.2% over the 2023 reported figure. Price Movement In response to the United States' growi ...
Why CMS Energy (CMS) is a Top Growth Stock for the Long-Term
ZACKS· 2024-06-18 14:50
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. What are the Zacks Style Scores? Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better ch ...
CMS Energy: A Midwest Utility Worth Buying
Seeking Alpha· 2024-06-13 11:00
The company's improved profitability was only partially offset by a 2.1% uptick in the diluted share count in the first quarter. That is how CMS' adjusted EPS roared higher as operating revenue fell during the quarter. CMS Q1 2024 Earnings Presentation CMS' first-quarter results prompted management to reiterate its previous midpoint adjusted EPS guidance of $3.32 ($3.29 to $3.35) for 2024. That would represent a 6.8% growth rate over the 2023 base of $3.11. Management also noted that it anticipates adjusted ...
CMS Energy Director Trades Company's Stock
Benzinga· 2024-06-10 15:00
About CMS Energy A substantial insider sell was reported on June 10, by JON BARFIELD, Director at CMS Energy CMS, based on the recent SEC filing. CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 202 ...
CMS Energy's (CMS) Arm to Invest $24M in Smart Technologies
Zacks Investment Research· 2024-05-15 15:46
ATRs are capable of isolating outages by detecting power loss and immediately rerouting power in the opposite direction. Meanwhile, line sensors can detect grid faults and provide their locations, thereby preventing outages before they occur. Deploying these state-of-the-art technologies in its transmission and distribution systems will reduce outage events for CMS customers and strengthen its grid reliability, which should boost its customer base and revenue growth. In 2023, ATRs successfully avoided outag ...
CMS Energy(CMS) - 2024 Q1 - Earnings Call Transcript
2024-04-25 16:58
CMS Energy Corporation (NYSE:CMS) Q1 2024 Earnings Conference Call April 25, 2024 9:30 AM ET Company Participants Jason Shore - Treasurer & Vice President, Finance & Investor Relations Garrick Rochow - President & Chief Executive Officer Rejji Hayes - Executive Vice President & Chief Financial Officer Conference Call Participants Shahriar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Michael Sullivan - Wolfe Andrew Weisel - Scotiabank Operato ...
CMS Energy(CMS) - 2024 Q1 - Earnings Call Presentation
2024-04-25 16:42
BBB Baa3 Stable Mar. 2024 | --- | --- | --- | --- | |------------------|--------|--------|--------| | | | | | | Senior Secured | A | A1 | A+ | | Commercial Paper | A-2 | P-2 | F-2 | | Outlook | Stable | Stable | Stable | Industry-Leading Financial Performance . . . Dave Joos John Russell Patti Poppe K. Whipple Presentation endnotes are included after the appendix. CMS ENERGY 11 11 12 Sensitivity Adj. EPS OCF ($M) 1% + + 4 Utility Earned ROE 10 bps 8 10 6 Effective Tax Rate (18%) + 100 bps 3 0 2024 Adj. EPS ...
CMS Energy (CMS) Q1 Earnings Beat, Revenues Decline Y/Y
Zacks Investment Research· 2024-04-25 15:16
CMS Energy Corporation (CMS) reported first-quarter 2024 adjusted earnings per share (EPS) of 97 cents, which beat the Zacks Consensus Estimate of 92 cents by 5.4%. The bottom line, however, increased 38.6% from 70 cents reported in the prior-year quarter. The year-over-year improvement can be attributed to higher weather-normalized sales and lower storm restoration costs.The company’s GAAP earnings came in at 96 cents per share compared with 69 cents in the first quarter of 2023.RevenuesOperating revenues ...
CMS Energy(CMS) - 2024 Q1 - Quarterly Report
2024-04-25 14:32
Additionally, to advance its environmental stewardship in Michigan and to minimize the impact of future regulations, Consumers set the following goals for the five-year period 2023 through 2027: For the three months ended March 31, 2024, CMS Energy's net income available to common stockholders was $285 million, and diluted EPS were $0.96. This compares with net income available to common stockholders of $202 million and diluted EPS of $0.69 for the three months ended March 31, 2023. In 2024, gas and electri ...