CMS Energy (CMS)
NYSE:CMS
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CMS Stock Chart & Stats
$77.75
$0.12(0.18%)
At close: 4:00 PM EST
$77.75
$0.12(0.18%)
Day’s Range― - ―
52-Week Range$67.71 - $80.36
Previous CloseN/A
Volume255.01K
Average Volume (3M)2.56M
Market Cap
$23.49B
Enterprise Value$42.30B
Total Cash (Recent Filing)$263.00M
Total Debt (Recent Filing)$19.08B
Price to Earnings (P/E)17.1
Beta<0.01
Next Earnings
Jul 23, 2026EPS Estimate
0.78Next Dividend Ex-DateN/A
Dividend Yield3.1%
Share Statistics
EPS (TTM)3.65
Shares Outstanding308,919,620
10 Day Avg. Volume2,656,629
30 Day Avg. Volume2,558,615
Financial Highlights & Ratios
PEG Ratio3.45
Price to Book (P/B)2.30
Price to Sales (P/S)2.46
P/FCF Ratio-13.23
Enterprise Value/Market Cap1.80
Enterprise Value/Revenue4.80
Enterprise Value/Gross Profit7.42
Enterprise Value/Ebitda13.09
Forecast
1Y Price Target
$82.91Price Target Upside6.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)3.88
Revenue Forecast (FY)$8.73B
Bulls Say, Bears Say
Bulls Say
Data-center DemandGrowing demand from data centers is creating a new revenue stream as large customers fund incremental infrastructure, helping expand the asset base without shifting costs to households.
Operational EfficiencyOperational improvement program is delivering structural cost savings that support workforce streamlining while limiting upward pressure on customer bills.
Regulatory AlignmentA generally supportive regulatory environment and expectations that regulators will set allowed returns in line with prior practice increase confidence in cost recovery and the earnings outlook.
Bears Say
Affordability ConstraintsManagement's caution about long-term growth guidance tied to customer affordability concerns could constrain capital expansion and slow revenue momentum.
Permitting And Zoning RiskPermitting and zoning hurdles for data-center projects may delay customer-funded developments and reduce expected contributions to asset growth.
Regulatory And Legal UncertaintyAn administrative law judge's proposed decision with limited analytical support raises the prospect of formal challenges and potential regulatory setbacks.
CMS Energy News
CMS FAQ
What was CMS Energy’s price range in the past 12 months?
CMS Energy lowest stock price was $67.70 and its highest was $80.36 in the past 12 months.
What is CMS Energy’s market cap?
CMS Energy’s market cap is $23.49B.
When is CMS Energy’s upcoming earnings report date?
CMS Energy’s upcoming earnings report date is Jul 23, 2026 which is in 80 days.
How were CMS Energy’s earnings last quarter?
CMS Energy released its earnings results on Apr 28, 2026. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.099 by $0.031.
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 0.78.
How many shares outstanding does CMS Energy have?
CMS Energy has 308,919,620 shares outstanding.
What happened to CMS Energy’s price movement after its last earnings report?
CMS Energy reported an EPS of $1.13 in its last earnings report, beating expectations of $1.099. Following the earnings report the stock price went down -0.171%.
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
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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$82.91 (6.64% Upside)
$82.91 (6.64% Upside)
Blogger Sentiment
Bullish
CMS Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 349.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.86%
12-Months-Change
Fundamentals
Return on Equity
11.24%
Trailing 12-Months
Asset Growth
10.99%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple constructive items: strong regulatory outcomes (65% of electric ask approved, 9.9% ROE), solid first-quarter results (adjusted EPS $1.13; adjusted net income $346M), reaffirmed full-year guidance ($3.83–$3.90), an expanding customer pipeline (110 MW signed YTD, 2%–3% sales growth outlook), and meaningful long-term data-center-driven growth optionality (1 GW ≈ $2B–$5B CapEx and ~2% rate reduction per GW). Offsetting these positives were near-term operational and financing headwinds: a meaningful March ice storm (-$0.05/share), a weather-driven ~$0.23/share headwind for the balance of the year, Moody’s negative outlook on the utility due to capital/recovery timing, and incremental equity/financing pressure if large-load conversions accelerate capital needs. Overall, the company appears confident in execution, growth opportunities, and guidance, but faces tangible near-term weather, credit-outlook, and financing risks that management is actively addressing.View all CMS earnings summariesCMS Revenue Breakdown
66.03% Electric Utility
29.20% Gas Utility
4.78% NorthStar Clean Energy
CMS Stock 12 Month Forecast
Average Price Target
$82.91
▲(6.64% Upside)
Technical Analysis
Ownership Overview
0.51% Insiders
29.26% Mutual Funds
2.88% Other Institutional Investors
38.03% Public Companies and
Individual Investors