Education
About Us
Working with TipRanks
Follow Us
CMS Energy (CMS)
NYSE:CMS
CMS Stock Chart & Stats
$71.60
$0.12(0.18%)
At close: 4:00 PM EST
$71.60
$0.12(0.18%)
Day’s Range― - ―
52-Week Range$66.53 - $76.45
Previous CloseN/A
Volume255.01K
Average Volume (3M)2.43M
Market Cap
$21.79B
Enterprise Value$39.88B
Total Cash (Recent Filing)$362.00M
Total Debt (Recent Filing)$18.07B
Price to Earnings (P/E)20.3
Beta<0.01
Next Earnings
Apr 23, 2026EPS Estimate
1.1Next Dividend Ex-DateN/A
Dividend Yield3.1%
Share Statistics
EPS (TTM)0.95
Shares Outstanding304,319,760
10 Day Avg. Volume3,283,789
30 Day Avg. Volume2,427,089
Financial Highlights & Ratios
PEG Ratio3.43
Price to Book (P/B)0.00
Price to Sales (P/S)2.44
P/FCF Ratio9.34
Enterprise Value/Market Cap1.83
Enterprise Value/Revenue4.81
Enterprise Value/Gross Profit12.37
Enterprise Value/Ebitda11.97
Forecast
1Y Price Target
$78.57Price Target Upside9.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Analyst Valuation SupportRevised peer valuation multiples led to an increased price objective and reinforce an analyst's buy recommendation, which could draw additional investor interest.
Earnings Guidance UpsideManagement emphasis on large-load customer agreements and progression in the data center pipeline could push long-term EPS growth above current guidance and raise investor expectations.
Renewable Energy Capital PlanApproval of the renewable energy plan, including significant solar and wind investments, enhances a visible, long-dated capital program and supports predictable investment-driven earnings growth.
Bears Say
Customer Affordability PressureCustomer affordability pressures highlighted by analysts could constrain demand growth and limit the company's ability to secure rate relief, posing downside risk to revenue.
Data Center Concentration RiskDependence on data center demand and large-load agreements creates concentration risk if the pipeline does not advance as suggested, potentially undermining growth and earnings momentum.
Regulatory Legal UncertaintyA proposed administrative law judge decision displayed procedural irregularities and limited analytical support, increasing the likelihood of formal challenges that could delay regulatory clarity and weigh on the stock.
CMS Energy News
CMS FAQ
What was CMS Energy’s price range in the past 12 months?
CMS Energy lowest stock price was $66.53 and its highest was $76.45 in the past 12 months.
What is CMS Energy’s market cap?
CMS Energy’s market cap is $21.79B.
When is CMS Energy’s upcoming earnings report date?
CMS Energy’s upcoming earnings report date is Apr 23, 2026 which is in 76 days.
How were CMS Energy’s earnings last quarter?
CMS Energy released its earnings results on Feb 05, 2026. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.933 by $0.017.
Is CMS Energy overvalued?
According to Wall Street analysts CMS Energy’s price is currently Undervalued.
Does CMS Energy pay dividends?
CMS Energy pays a Quarterly dividend of $0.542 which represents an annual dividend yield of 3.1%. See more information on CMS Energy dividends here
What is CMS Energy’s EPS estimate?
CMS Energy’s EPS estimate is 1.1.
How many shares outstanding does CMS Energy have?
CMS Energy has 304,319,760 shares outstanding.
What happened to CMS Energy’s price movement after its last earnings report?
CMS Energy reported an EPS of $0.95 in its last earnings report, beating expectations of $0.933. Following the earnings report the stock price went up 1.274%.
Which hedge fund is a major shareholder of CMS Energy?
Currently, no hedge funds are holding shares in CMS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CMS Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$78.57 (9.73% Upside)
$78.57 (9.73% Upside)
Blogger Sentiment
Bullish
CMS Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 770.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.8%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.87%
12-Months-Change
Fundamentals
Return on Equity
12.49%
Trailing 12-Months
Asset Growth
9.39%
Trailing 12-Months
Company Description
CMS Energy
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,428 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 82,474 miles of electric distribution overhead lines; 9,395 miles of underground distribution lines; 1,093 substations; and 3 battery facilities. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,392 miles of transmission lines; 15 gas storage fields; 28,065 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.
CMS Company Deck
CMS Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized numerous constructive regulatory approvals, strong operational execution, and clear growth initiatives (renewables plan, $24B five-year investments, data center tariff and pipeline, solid 2025 EPS performance and raised 2026 guidance). Key risks discussed include a recent adverse ALJ preliminary rate decision (low ROE), elevated equity and refinancing needs that dilute headline growth, and weather/municipal zoning timing risks. On balance, highlights substantially outweigh the lowlights, driven by confirmed investment opportunities, strong cost-saving programs, maintained credit profile, and management confidence in constructive final regulatory outcomes.View all CMS earnings summariesCMS Revenue Breakdown
67.35% Electric Utility
28.45% Gas Utility
4.20% NorthStar Clean Energy
CMS Stock 12 Month Forecast
Average Price Target
$78.57
▲(9.73% Upside)
Technical Analysis
Ownership Overview
0.51% Insiders
29.73% Mutual Funds
0.75% Other Institutional Investors
39.35% Public Companies and
Individual Investors