CMS Energy(CMS)

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CMS Energy (CMS) Tops Q4 Earnings Estimates
ZACKS· 2025-02-06 13:41
CMS Energy (CMS) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.16%. A quarter ago, it was expected that this energy company would post earnings of $0.78 per share when it actually produced earnings of $0.84, delivering a surprise of 7.69%.Over the last four quarters, the company h ...
CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 54.25 Cents Per Share
Prnewswire· 2025-02-06 11:45
JACKSON, Mich., Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 54.25 cents per share, up from 51.50 cents per share. Based on Wednesday's closing price for CMS Energy common stock, $67.12, the dividend represents an annualized yield of 3.2 percent. The first quarter dividend for the common stock (CUSIP: 125896100) is payable Feb. 28, 2025, to shareholders of record Feb. 17, 2025. Garrick Rochow, CMS Energy's presiden ...
CMS Energy(CMS) - 2024 Q4 - Annual Results
2025-02-06 11:41
Exhibit 99.1 CMS Energy Announces Strong 2024 Financial Results for the 22 Consecutive Year, Raises 2025 Adjusted EPS Guidance JACKSON, Mich., Feb. 6, 2025 – CMS Energy announced today reported earnings per share of $3.33 for 2024, compared to $3.01 per share for 2023. The company's adjusted earnings per share for 2024 were $3.34, compared to $3.11 per share for 2023. CMS Energy increased its annual dividend by 11 cents per share to $2.17 for 2025, the 19 increase in as many years. CMS Energy raised its 202 ...
Insights Into CMS Energy (CMS) Q4: Wall Street Projections for Key Metrics
ZACKS· 2025-02-04 15:20
The upcoming report from CMS Energy (CMS) is expected to reveal quarterly earnings of $0.86 per share, indicating a decline of 18.1% compared to the year-ago period. Analysts forecast revenues of $2.14 billion, representing an increase of 9.8% year over year.The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a ...
CMS or PEG: Which Is the Better Value Stock Right Now?
ZACKS· 2025-02-03 17:41
Investors looking for stocks in the Utility - Electric Power sector might want to consider either CMS Energy (CMS) or PSEG (PEG) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and e ...
Why CMS Energy (CMS) is a Top Value Stock for the Long-Term
ZACKS· 2025-01-31 15:40
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many 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 includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? D ...
CMS Energy to Announce Year-End Results on February 6
Prnewswire· 2025-01-16 21:30
JACKSON, Mich., Jan. 16, 2025 /PRNewswire/ -- CMS Energy announced today it will provide 2024 year-end results along with a business and financial outlook at 9:30 a.m. EST on Thursday, February 6, 2025.A webcast of the presentation will be available on CMS Energy's website, cmsenergy.com. An audio replay will be available approximately three hours after the webcast and will be archived for 30 days on CMS Energy's website in the "Investor Relations" section.CMS Energy (NYSE: CMS) is a Michigan-based energy c ...
CMS Energy Rides on Investments & Expansion of Renewable Portfolio
ZACKS· 2025-01-16 13:46
CMS Energy Corporation (CMS) is making strategic investments to enhance its operations. CMS is also benefiting from delivering high-quality services to its consumers. The company is expanding its renewable power portfolio while eliminating coal-generating units.However, this Zacks Rank #3 (Hold) company is exposed to unfavorable costs associated with the shutdown of solid waste disposal facilities for coal ash.Factors Acting in Favor of CMS CMS Energy is investing heavily in infrastructure renovations and r ...
Medicare can now cover Eli Lilly's Zepbound for sleep apnea, CMS says
CNBC· 2025-01-08 20:17
Medicare and Medicaid Coverage for Zepbound - Medicare Part D plans can now cover Eli Lilly's Zepbound for obstructive sleep apnea (OSA), expanding access to the drug which was previously not covered for weight loss [1][2] - Medicare Part D coverage for obesity drugs like Zepbound requires FDA approval for an additional medically accepted purpose, and prior authorization may be used to ensure proper usage [3] - State Medicaid programs must cover Zepbound if prescribed for OSA and Eli Lilly has signed the Medicaid drug rebate agreement, but coverage is not required if prescribed for weight loss [7][8] FDA Approval and Market Impact - Zepbound was approved by the FDA on Dec 20 for obesity and moderate-to-severe OSA, making it the first drug treatment for an estimated 20 million people with these conditions [4] - Demand for Zepbound has soared over the past year despite its $1,000 price tag before insurance [1] Comparative Coverage and Industry Trends - Medicare Part D plans also cover Novo Nordisk's Wegovy for its approved use of lowering cardiovascular risks, while diabetes counterparts Ozempic and Mounjaro are covered by Medicare and most insurance plans [5] - Both Eli Lilly and Novo Nordisk are studying their weight loss drugs for additional conditions like fatty liver disease, chronic kidney disease, and sleep apnea, which would require late-stage trial results and FDA approval for coverage [6] Policy and Cost Implications - The Biden administration proposed a rule in November to allow Medicare and Medicaid coverage for weight loss drugs, potentially giving millions access to weekly injectables but costing taxpayers up to $35 billion over the next decade [9]
CMS Energy's Arm Announces Plans to Upgrade Natural Gas System
ZACKS· 2024-12-19 15:35
CMS Energy Corporation (CMS) recently revealed that its primary subsidiary, Consumer Energy, has introduced a plan to upgrade its natural gas system, which provides gas to more than 1.8 million homes and businesses in Michigan.Details of CMS’ PlanPer the plan, the company will replace up to 10,000 old gas lines and add valves that can be operated remotely to handle emergencies faster. These improvements will make the system safer, more reliable and better for the environment while keeping it affordable for ...