| CMS Energy is a holding company. Co. has several subsidiaries, including: Consumers Energy Company, an electric and gas utility that serves individuals and businesses operating in the alternative energy, automotive, chemical, food, and metal products industries, as well as a group of other industries; CMS Enterprises Company, which 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; and EnerBank USA, an industrial bank located in Utah that provides primarily unsecured, installment loans for financing home improvements. We show 41 historical shares outstanding datapoints in our CMS shares outstanding history coverage, used to compute CMS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMS market cap history over the course of time is important for investors
interested in comparing CMS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CMS versus a peer is one thing; comparing
CMS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CMS can fluctuate over the course of history.
With this page we aim to empower investors researching CMS by allowing them to research the CMS market cap history.