How to Buy Cms Energy Stock
Cms Energy Corp
Cms Energy is a regulated electric utility company located in Michigan, United States, which is part of the Utilities sector, and is traded under the ticker CMS on the NYSE exchange.
Cms Energy stock last closed at $59.34, down 1.88% from the previous day, and has decreased 3.86% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.06 percentage points. Cms Energy stock is currently +18.99% from its 52-week low of $49.87, and -6.93% from its 52-week high of $63.76.
At the moment, there are 298.64M CMS shares outstanding. The market capitalization of CMS is $17.72B. In the past 24 hours, 2.38M CMS shares were traded.
How to Buy Cms Energy Stock
Wondering how to invest in Cms Energy stock? Here's how.
- Figure out where to buy Cms Energy stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Cms Energy stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your details.
- Evaluate Cms Energy stock: The Cms Energy ticker symbol is CMS. Is Cms Energy stock a good investment? Should you buy shares of CMS? How do CMS's underlying business fundamentals look? Do top analysts think Cms Energy is a good buy? Why has CMS's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if CMS is a good stock to buy).
- Execute your CMS trade: Decide if you will purchase CMS shares at the current market price or use a limit order to purchase CMS shares at a specific price.
- Watch your CMS position: Create a watchlist to track your investment in Cms Energy shares.
Step 1: Figure out where to buy Cms Energy stock
You will need an online brokerage account in order to access the NYSE market and buy CMS shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can buy CMS today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on the best stock investing app, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your investment account.
Step 4: Evaluate Cms Energy stock
After you have decided on the best place to buy Cms Energy stock, it's crucial to analyze their stock before you buy, so you truly comprehend the risk and upside.
Cms Energy quick stats
Cms Energy Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on CMS's stock page.
Is CMS stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge CMS's fair value.
Using relative valuations measures:
- CMS may be overvalued based on its P/E ratio of 18.09x, relative to Utilities - Regulated Electric industry P/E ratio of 16.38x
- CMS could be overvalued based on its P/B ratio of 2.23x, relative to Utilities - Regulated Electric industry P/B ratio of 1.62x
- CMS may be overvalued based on its PEG ratio of 2.58x
You can access more valuation analysis on CMS's stock here.
CMS Financial Overview
Signs that CMS is financially healthy:
- There are more short-term assets than short-term liabilities on the CMS balance sheet.
- Total CMS debt is lower than 5 years ago, relative to shareholder equity.
- CMS profit margin has gone up from 8% to 13.1% in the past year.
Signs that CMS is not financially healthy:
- CMS has cash burn of 990000000. It does not have enough cash and short-term investments to cover this.
- CMS has $861.00M in cash and short term investments. This is not enough to cover its annual cash burn of $990.00M.
- CMS has a relatively high debt to equity ratio of 3.2.
- There are more long-term liabilities than short-term assets on the CMS balance sheet.
Is Cms Energy stock a Buy, Hold, or Sell, according to analysts?
Out of 9 Equities analysts who give forecasts on CMS, the consensus analyst rating on CMS is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent CMS Analyst Forecasts
Richard Sunderland, a top 39% analyst from JP Morgan maintains CMS with a strong buy rating and raises their CMS price target from $65.00 to $66.00, on Mar 13, 2024.
Shelby Tucker, a top 22% analyst from RBC Capital maintains CMS with a buy rating and lowers their CMS price target from $65.00 to $63.00, on Mar 4, 2024.
Eric Beaumont, a top 13% analyst from Barclays maintains CMS with a hold rating and lowers their CMS price target from $59.00 to $57.00, on Feb 6, 2024.
Shahriar Pourreza, a top 29% analyst from Guggenheim upgrades CMS to a strong buy rating and raises their CMS price target from $60.00 to $64.00, on Feb 2, 2024.
Steve Fleishman, a top 33% analyst from Wolfe Research upgrades CMS to a buy rating and announces their CMS price target of $62.00, on Jan 16, 2024.
You can dive deeper into what analysts are saying on the Cms Energy stock forecast page.
CMS Momentum
Is CMS Growing Revenue?
Last year, CMS earnings were $960.00M. During the last five year, CMS's earnings have increased by 8.12% per year. This was slower than the Utilities - Regulated Electric industry average of 15.9%.
Last year, CMS revenue was $7.35B. Over the past 5 year, CMS's revenue has increased by 1.05% per year. This was slower than the Utilities - Regulated Electric industry average of 3.97%.
You can research CMS's earnings and revenue performance here.
Latest Insiders Trades at CMS
Over the last 12 months, insiders at CMS have sold more shares than they have bought.
Tonya L. Berry, Senior Vice President of CMS, was the latest CMS insider to sell. They sold $57,731.63 worth of CMS stock on Mar 22, 2024.
Learn more about who owns CMS shares here.
Does CMS stock generate passive income?
Cms Energy pays a dividend of 3.33%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.93%. If you owned $1,000 of CMS stock, you would have received $33.32 in the past year.
Cms Energy dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Cms Energy dividend yield and history here.
What others are saying about CMS
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your CMS trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your CMS position
Now that you own some shares in CMS, you'll want to keep up with your shares.
Add CMS to a watchlist to keep tabs on your CMS stock.
CMS Feed
How to Buy Stock in Cms Energy
To reiterate, here are the 6 steps for buying Cms Energy stock:
- Figure out where to buy Cms Energy stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Cms Energy stock
- Execute your CMS trade
- Watch your CMS position
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Cms Energy, create a watchlist today.
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