CMS Energy Corporation has exhibited a strong performance with its stock outperforming competitors multiple times. The main subsidiary of CMS, Consumers Energy, repeatedly declared a quarterly dividend on preferred stock. Investing in CMS Energy a year ago would have delivered a gain of 18%. Further, the company declared a quarterly dividend on cumulative redeemable perpetual preferred stock several times. Despite strong trading days, CMS Energy's stock is frequently marked as underperforming the market. On its financial front, CMS Energy has announced strong 2023 results, reaffirmed its 2024 adjusted EPS guidance, and the company surpassed analysts' EPS forecasts. Moreover, CMS Energy took several leaps towards renewable energy including powering Walmart stores with clean energy and planning a large-scale solar farm in Michigan. However, their popularity amongst investors might be threatened due to potential overpricing. CMS Energy continues to maintain operations within its 201MW wind farm and is also backing guidance after 2Q earnings beat expectations. Nevertheless, there are concerns about CMS Energy using too much debt.
Cms Energy Corporation CMS News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 11 Aug 2024 14:48:40 GMT -
Rating -1
- Innovation -7
- Information 9
- Rumor -6
