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CMS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
76.120
Open
74.400
VWAP
75.24
Vol
2.88M
Mkt Cap
23.09B
Low
74.260
Amount
217.07M
EV/EBITDA(TTM)
13.86
Total Shares
306.42M
EV
42.05B
EV/OCF(TTM)
18.81
P/S(TTM)
2.63
CMS Energy Corporation is an energy company operating primarily in Michigan. It manages its businesses by the nature of services each provides and operates principally in three business segments: Electric Utility, Gas Utility and NorthStar Clean Energy. The Electric Utility segment consists of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment consists of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The NorthStar Clean Energy segment consists of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. Its gas transmission, storage, and distribution system consists of 2,342 miles of transmission lines with 15 gas storage fields with a total storage capacity of 309 billion cubic feet (Bcf).
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Events Timeline

(ET)
2026-02-11
16:10:00
CMS Energy Files Automatic Mixed Securities Shelf
select
2026-02-05 (ET)
2026-02-05
06:40:00
CMS Energy Raises 2026 EPS Guidance to $3.90
select

News

Yahoo Finance
6.0
03-17Yahoo Finance
CMS Energy Corp. Ranked Among Top Electric Stocks by Hedge Funds
  • Positive Analyst Ratings: As of March 13, CMS Energy Corp. received Buy ratings from 7 out of 11 analysts, with 4 Hold ratings, indicating a moderately bullish sentiment and reflecting investor confidence in its stable earnings potential.
  • Price Target Increase: Morgan Stanley raised the price target for CMS Energy shares from $75 to $80 on February 20, emphasizing its competitive position in North American utilities, which signals market recognition of its future growth potential.
  • Capital Investment Plan: On February 9, BMO Capital increased CMS's price target from $79 to $80, highlighting its refreshed capital investment plan and potential for stronger electricity demand growth as key factors supporting its attractiveness, further boosting investor confidence.
  • Diversified Business Model: CMS Energy effectively balances traditional grids with its Electric, Gas, and NorthStar Clean Energy segments, ensuring seamless energy delivery to millions while showcasing its forward-thinking approach in the renewable energy sector.
NASDAQ.COM
6.5
02-27NASDAQ.COM
Zacks Research Daily: Tech Stock Updates
  • NVIDIA Strong Performance: NVIDIA's stock has risen 44.2% over the past year, slightly trailing the semiconductor industry's 45.1% growth, benefiting from robust demand for AI and high-performance computing, particularly with GPUs based on its Hopper and Blackwell architectures driving data center revenue growth.
  • Microsoft AI Business Growth: Microsoft shares have dipped 0.2%, yet its AI business momentum and Copilot adoption are propelling Azure cloud infrastructure expansion, with strong Office 365 commercial demand, although Azure growth guidance has slowed to 37-38%, indicating potential demand saturation risks.
  • JPMorgan Sustained Growth: JPMorgan's stock has increased by 14.5%, outperforming the investment banking industry's 24.9% growth, with expectations for nearly a 9% rise in net interest income for 2026, despite concerns over weak asset quality and market volatility potentially impacting non-interest income.
  • Star Group Acquisition-Driven Growth: Star Group's shares have gained 6.9%, operating in a fragmented heating fuel market in the Northeast and Mid-Atlantic, leveraging acquisitions to enhance operational leverage, although facing risks from weather volatility and regulatory pressures.
PRnewswire
5.0
02-20PRnewswire
New Appointments to CMS Energy Board
  • New Board Members: Diane Leopold and Richard Keyes were elected to the CMS Energy and Consumers Energy boards on February 20, 2026, bringing over 30 and 35 years of industry experience respectively, enhancing the company's governance capabilities.
  • Leopold's Background: Joining Dominion Energy in 1995, Leopold served as executive vice president and COO, overseeing critical functions, and is expected to provide strategic guidance and expertise in human resources management to the board.
  • Keyes' Contributions: Keyes has been with Meijer since 1989, holding various key positions and becoming CEO in 2017, and will leverage his extensive experience in retail and supply chain management to support CMS Energy's operational and strategic development.
  • Committee Roles: Leopold will serve on the Compensation and Human Resources Committee and the Finance Committee, while Keyes will participate in the Audit Committee and Governance, Sustainability, and Public Responsibility Committee, ensuring high standards in governance and compliance.
PRnewswire
8.0
02-13PRnewswire
CMS Energy Declares Dividend on Preferred Stock
  • Dividend Announcement: CMS Energy's Board of Directors has declared a dividend of $0.2625 per share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, payable on April 15, 2026, to shareholders of record as of April 1, 2026, demonstrating the company's commitment to shareholder returns.
  • Preferred Stock Characteristics: This dividend applies to the Series C preferred stock, indicating CMS Energy's focus on maintaining the stability and attractiveness of its capital structure, which enhances investor confidence.
  • Transparent Tax Information: CMS Energy provides tax status information regarding its dividends on its website, ensuring shareholders can clearly understand the tax implications of their investment returns, thereby increasing the company's transparency.
  • Business Context: As a leading energy provider in Michigan, CMS Energy continues to drive growth and enhance shareholder value through its subsidiary Consumers Energy and independent power generation businesses, showcasing its competitiveness in the energy market.
Newsfilter
8.0
02-13Newsfilter
CMS Energy Declares Dividend on Preferred Stock
  • Dividend Declaration: CMS Energy's Board of Directors has announced a dividend of $0.2625 per depositary share payable on April 15, 2026, to shareholders of record as of April 1, 2026, reflecting the company's commitment to shareholder returns.
  • Preferred Stock Details: The dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, indicating the company's prioritization of preferred shareholders' rights within its capital structure, which may bolster investor confidence.
  • Tax Information Transparency: CMS Energy provides details regarding the tax status of its dividend distributions, enhancing transparency in investor relations and potentially attracting more investor interest.
  • Company Overview: As a Michigan-based energy provider, CMS Energy, featuring Consumers Energy as its primary business alongside independent power generation operations, demonstrates a diversified approach in the energy market, strengthening its competitive position.
PRnewswire
8.0
02-13PRnewswire
Consumers Energy Declares Quarterly Dividend
  • Quarterly Dividend Announcement: The Board of Consumers Energy has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock, payable on April 1, 2026, reflecting the company's commitment to shareholder returns.
  • Record Date for Shareholders: The record date for this dividend is set for March 2, 2026, ensuring that investors holding shares before this date will receive the payout, thereby enhancing investor confidence in holding the stock.
  • Transparent Tax Information: Consumers Energy provides details regarding the tax status of its dividend distributions, accessible through the Tax Information section of CMS Energy's website, demonstrating the company's commitment to transparency with shareholders.
  • Company Background: CMS Energy, based in Michigan, operates Consumers Energy as its primary business while also owning and operating independent power generation businesses, showcasing its diversified presence in the energy market.
Wall Street analysts forecast CMS stock price to rise
9 Analyst Rating
Wall Street analysts forecast CMS stock price to rise
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
71.00
Averages
79.11
High
85.00
Current: 0.000
sliders
Low
71.00
Averages
79.11
High
85.00
Morgan Stanley
David Arcaro
Equal Weight
maintain
$80 -> $81
AI Analysis
2026-03-23
New
Reason
Morgan Stanley
David Arcaro
Price Target
$80 -> $81
AI Analysis
2026-03-23
New
maintain
Equal Weight
Reason
Morgan Stanley analyst David Arcaro raised the firm's price target on CMS Energy to $81 from $80 and keeps an Equal Weight rating on the shares. The firm is updating the price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, the analyst tells investors. In February, utilities outperformed the S&P's return. Additionally, recent discussions in the space were broadly constructive, with companies highlighting growth opportunities as well as optimism on load growth and signing deals with data centers, the firm adds.
KeyBanc
Sophie Karp
Overweight
maintain
$79 -> $83
2026-03-02
Reason
KeyBanc
Sophie Karp
Price Target
$79 -> $83
2026-03-02
maintain
Overweight
Reason
KeyBanc analyst Sophie Karp raised the firm's price target on CMS Energy to $83 from $79 and keeps an Overweight rating on the shares after hosting management for a series of investor meetings. Most conversations revolved around the regulatory and political environment in MI, which will hold gubernatorial elections in November; data center pipeline and the company's outlook on the large load customer mix going forward; capital plan and potential future generation needs; as well as growth outlook.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CMS
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Valuation Metrics

The current forward P/E ratio for CMS Energy Corp (CMS.N) is 19.34, compared to its 5-year average forward P/E of 20.04. For a more detailed relative valuation and DCF analysis to assess CMS Energy Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
20.04
Current PE
19.34
Overvalued PE
22.68
Undervalued PE
17.40

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.32
Current EV/EBITDA
13.25
Overvalued EV/EBITDA
13.19
Undervalued EV/EBITDA
11.45

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.35
Current PS
2.50
Overvalued PS
2.63
Undervalued PS
2.08

Financials

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Whales Holding CMS

S
Sourcerock Group LLC
Holding
CMS
+43.77%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
CMS
+21.12%
3M Return
E
Energy Income Partners LLC
Holding
CMS
+19.72%
3M Return
A
Aventail Capital Group, LP
Holding
CMS
+15.28%
3M Return
Z
Zimmer Partners, LP
Holding
CMS
+11.77%
3M Return
C
CBRE Investment Management Listed Real Assets LLC
Holding
CMS
+7.73%
3M Return

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Frequently Asked Questions

What is CMS Energy Corp (CMS) stock price today?

The current price of CMS is 75.34 USD — it has increased 0.96

What is CMS Energy Corp (CMS)'s business?

CMS Energy Corporation is an energy company operating primarily in Michigan. It manages its businesses by the nature of services each provides and operates principally in three business segments: Electric Utility, Gas Utility and NorthStar Clean Energy. The Electric Utility segment consists of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment consists of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The NorthStar Clean Energy segment consists of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. Its gas transmission, storage, and distribution system consists of 2,342 miles of transmission lines with 15 gas storage fields with a total storage capacity of 309 billion cubic feet (Bcf).

What is the price predicton of CMS Stock?

Wall Street analysts forecast CMS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMS is79.11 USD with a low forecast of 71.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is CMS Energy Corp (CMS)'s revenue for the last quarter?

CMS Energy Corp revenue for the last quarter amounts to 2.23B USD, increased 12.27

What is CMS Energy Corp (CMS)'s earnings per share (EPS) for the last quarter?

CMS Energy Corp. EPS for the last quarter amounts to 0.93 USD, increased 5.68

How many employees does CMS Energy Corp (CMS). have?

CMS Energy Corp (CMS) has 8350 emplpoyees as of March 25 2026.

What is CMS Energy Corp (CMS) market cap?

Today CMS has the market capitalization of 23.09B USD.