CMS Energy was formed as a corporation in Michigan in 1987 and is an energy company operating primarily in Michigan. It is the parent holding company of several subsidiaries including Consumers, an electric and gas utility; CMS Enterprises, primarily a domestic independent power producer and marketer; and EnerBank, an industrial bank located in Utah. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, food, and metal products industries, as well as a diversified group of other industries. CMS Enterprises, through its subsidiaries and equity investments, is engaged in domestic independent power production including the development and operation of renewable generation, and the marketing of independent power production. EnerBank provides unsecured consumer installment loans, largely for financing home improvements.
Company profile
Ticker
CMS-PB
Exchange
Website
CEO
Patricia K. Poppe
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CONSUMERS POWER CO
SEC CIK
Corporate docs
Subsidiaries
01 CMS ENERGY CORPORATION • 02 CMS Capital, L.L.C. • 03 CMS Land Company • 02 NorthStar Clean Energy Company • 03 Dearborn Industrial Energy, L.L.C. • 04 Dearborn Industrial Generation, L.L.C. • 03 CMS Energy • 04 CMS ERM Michigan LLC • 04 CMS Viron Corporation • 03 CMS Enterprises Sustainable Energy, LLC ...
IRS number
380442310
CMS-PB stock data
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
23 Mar 23
DEFA14A
Additional proxy soliciting materials
23 Mar 23
DEF 14A
Definitive proxy
23 Mar 23
S-3ASR
Automatic shelf registration
27 Feb 23
8-K
Other Events
23 Feb 23
424B2
Prospectus for primary offering
14 Feb 23
FWP
Free writing prospectus
13 Feb 23
424B5
Prospectus supplement for primary offering
13 Feb 23
10-K
2022 FY
Annual report
9 Feb 23
8-K
CMS Energy Announces Strong 2022 Results for the 20th Consecutive Year and Raises 2023 Adjusted EPS Guidance
2 Feb 23
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 182.00 mm | 182.00 mm | 182.00 mm | 182.00 mm | 182.00 mm | 182.00 mm |
| Cash burn (monthly) | 4.33 mm | 24.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 12.13 mm | 68.59 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 169.87 mm | 113.41 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 39.2 | 4.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
93.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 621 |
| Opened positions | 87 |
| Closed positions | 80 |
| Increased positions | 251 |
| Reduced positions | 192 |
| 13F shares | Current |
|---|---|
| Total value | 17.23 tn |
| Total shares | 272.44 mm |
| Total puts | 9.30 k |
| Total calls | 82.10 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 37.40 mm | $2.37 tn |
| BLK Blackrock | 27.57 mm | $1.75 tn |
| JPM JPMorgan Chase & Co. | 18.89 mm | $1.20 tn |
| STT State Street | 16.48 mm | $1.04 tn |
| Capital International Investors | 11.09 mm | $702.56 bn |
| AMP Ameriprise Financial | 6.60 mm | $417.78 bn |
| Geode Capital Management | 6.16 mm | $390.59 bn |
| WFC Wells Fargo & Co. | 5.94 mm | $376.30 bn |
| Pictet Asset Management | 5.02 mm | $318.17 bn |
| T. Rowe Price | 4.90 mm | $310.44 bn |