With a market cap of $21.4 billion, CMS Energy Corporation (CMS) provides electric and gas services to 1.9 million and 1.8 million customers, respectively, through its Electric Utility, Gas Utility, and NorthStar Clean Energy segments. It generates power from various sources and operates an extensive distribution and storage infrastructure.
Shares of the Jackson, Michigan-based company have slightly outperformed the broader market over the past 52 weeks. CMS Energy stock has returned 13.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.5%. Moreover, CMS shares are up 7.2% on a YTD basis, compared to SPX's 1.3% gain.
