CMS Energy (CMS) Scheduled to Post Earnings on Wednesday
CMS Energy (NYSE:CMS) will be posting its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect CMS Energy to post earnings of $0.51 per share for the quarter.
CMS Energy (NYSE CMS) opened at $42.88 on Tuesday. The company has a market capitalization of $12,070.00, a P/E ratio of 22.22, a price-to-earnings-growth ratio of 2.87 and a beta of 0.09. The company has a current ratio of 0.94, a quick ratio of 0.59 and a debt-to-equity ratio of 1.99. CMS Energy has a 52-week low of $40.48 and a 52-week high of $50.85.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be given a dividend of $0.3575 per share. This is a positive change from CMS Energy’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.43 dividend on an annualized basis and a yield of 3.33%. CMS Energy’s dividend payout ratio is presently 68.91%.
In other CMS Energy news, insider David G. Mengebier sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $49.48, for a total transaction of $123,700.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.65% of the stock is currently owned by corporate insiders.
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CMS Energy Company Profile
CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production.
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