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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
74.570
Open
75.000
VWAP
74.14
Vol
1.05M
Mkt Cap
22.92B
Low
73.800
Amount
78.24M
EV/EBITDA(TTM)
14.00
Total Shares
308.92M
EV
42.74B
EV/OCF(TTM)
22.03
P/S(TTM)
2.56
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).
Show More

Events Timeline

(ET)
2026-04-28
06:50:00
CMS Energy Reaffirms 2026 Adjusted EPS Guidance of $3.83 to $3.90
select
2026-04-28
06:50:00
CMS Energy Reports Q1 Revenue of $2.73B
select

News

Yahoo Finance
8.5
05-26Yahoo Finance
PinnedConsumers Energy Expands Line Clearing Efforts
  • Expanded Line Clearing: Consumers Energy is set to clear over 9,000 miles of power lines this year, aiming to enhance grid safety and protect public safety in Michigan, which is expected to significantly reduce outages caused by trees and limbs.
  • Outage Causes: Trees and limbs account for nearly 40% of all service interruptions, making preventative maintenance and line clearing essential to mitigate safety risks associated with tree contact with power lines.
  • Tree Planting Grant Program: Since 2017, Consumers Energy has invested over $730,000 in tree planting grants, supporting nearly 5,500 trees planted under the “Right Tree, Right Place” initiative, aimed at minimizing future reliability issues and ecological concerns.
  • Long-Term Safety Commitment: By increasing monitoring frequency and proactive line clearing, Consumers Energy is committed to building a safer, more reliable future, ensuring customers can depend on their electric service while preserving community tree aesthetics.
Yahoo Finance
9.5
05-09Yahoo Finance
CMS Energy Corporation Reports Strong Q1 Performance, Reaffirms Growth Outlook
  • Strong Q1 Performance: CMS Energy Corporation reported an adjusted earnings per share of $1.13 for Q1 2026, up from $1.02 in the same quarter last year, demonstrating robust execution that positions the company for solid full-year growth.
  • Guidance Reaffirmation: The company reaffirmed its adjusted earnings guidance for 2026 to be between $3.83 and $3.90 per share, indicating management's confidence in future profitability, while also projecting long-term adjusted EPS growth of 6% to 8%, which enhances investor confidence.
  • Commitment to Shareholder Returns: The board approved a common dividend of $0.57 per share, to be paid on May 29 to shareholders of record as of May 8, reflecting the company's commitment to shareholder value and aiming to strengthen long-term investor loyalty.
  • Investment in Renewable Energy: As a Michigan-based energy holding company, CMS Energy focuses on investing in renewable energy and plans to pivot to coal-free generation by 2025, showcasing its strategic shift towards sustainability in response to market demand for green energy.
PRnewswire
8.0
05-08PRnewswire
CMS Energy Declares Dividend on Preferred Stock
  • Dividend Announcement: CMS Energy's Board of Directors has declared a dividend of $0.2625 per depositary share, payable on July 15, 2026, to shareholders of record as of July 1, 2026, demonstrating the company's commitment to shareholder returns.
  • Preferred Stock Details: This dividend pertains to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, reflecting the company's stability in its capital structure and attractiveness to investors.
  • Transparent Tax Information: CMS Energy provides information regarding the tax status of its dividend distributions, ensuring investors are well-informed about the tax implications of their investment returns, thereby enhancing trust between the company and its shareholders.
  • Business Context: As a Michigan-based energy provider, CMS Energy showcases its diversification and stability in the energy market through its primary business, Consumers Energy, and independent power generation operations.
Newsfilter
8.0
05-08Newsfilter
CMS Energy Declares Dividend on Preferred Stock
  • Dividend Announcement: CMS Energy's Board of Directors has declared a dividend of $0.2625 per depositary share payable on July 15, 2026, to shareholders of record as of July 1, 2026, demonstrating the company's ongoing commitment to shareholder returns.
  • Preferred Stock Details: The dividend applies to the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, reflecting the company's strong cash flow and profitability, which enhances investor confidence.
  • Tax Information Transparency: CMS Energy provides information regarding the tax status of its dividend distributions, further improving transparency in investor relations and potentially attracting more investors.
  • Company Background: CMS Energy is a Michigan-based energy provider featuring Consumers Energy as its primary business while also owning independent power generation operations, showcasing its diversified presence in the energy market.
PRnewswire
8.0
05-08PRnewswire
Consumers Energy Declares Quarterly Dividend on Preferred Stock
  • Quarterly Dividend Announcement: The Board of Directors of Consumers Energy has declared a quarterly dividend of $1.125 per share, payable on July 1, 2026, to shareholders of record as of June 1, 2026, reflecting the company's stable cash flow and commitment to shareholder returns.
  • Preferred Stock Details: This dividend applies to the $4.50 preferred stock, indicating the company's prioritization of preferred shareholders' interests, which helps to bolster investor confidence in the company's financial health.
  • Tax Information Access: Shareholders can obtain information regarding the tax status of the dividend distributions through the Tax Information section of CMS Energy's website, ensuring that investors are informed about the tax implications of their investments for better financial planning.
  • Company Overview: CMS Energy is a Michigan-based energy provider with Consumers Energy as its primary business, also owning independent power generation operations, showcasing the company's diversified presence in the energy sector.
Newsfilter
8.0
05-08Newsfilter
Consumers Energy Declares Quarterly Dividend on Preferred Stock
  • Quarterly Dividend Announcement: The Board of Consumers Energy has declared a quarterly dividend of $1.125 per share, payable on July 1, 2026, to shareholders of record as of June 1, 2026, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
  • Preferred Stock Details: This dividend applies to the $4.50 preferred stock, reflecting the company's financing strategy through preferred equity, aimed at attracting more investor interest in its stable earnings performance.
  • Tax Information Transparency: Consumers Energy provides details regarding the tax status of its dividend distributions, enhancing trust between the company and its investors while offering necessary financial transparency to shareholders.
  • Company Background: As the principal subsidiary of CMS Energy, Consumers Energy focuses on energy supply and independent power generation, showcasing its leadership position and growth potential in the Michigan 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
Truist
Buy
maintain
$86 -> $83
AI Analysis
2026-05-18
Reason
Truist
Price Target
$86 -> $83
AI Analysis
2026-05-18
maintain
Buy
Reason
Truist lowered the firm's price target on CMS Energy to $83 from $86 and keeps a Buy rating on the shares as part of a broader research note updating the firm's models in Power and Utilities ahead of the American Gas Association's Financial Forum. Standing in year three of the data center wave, sector investment continues to march higher and growth expectations alongside this, with vertically integrated electric utilities seen as clear winners in building the infrastructure to serve this load growth, the analyst tells investors in a research note.
JPMorgan
Overweight
downgrade
$86 -> $82
2026-05-14
Reason
JPMorgan
Price Target
$86 -> $82
2026-05-14
downgrade
Overweight
Reason
JPMorgan lowered the firm's price target on CMS Energy to $82 from $86 and keeps an Overweight rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CMS
Unlock Now

Valuation Metrics

The current forward P/E ratio for CMS Energy Corp (CMS.N) is 19.27, compared to its 5-year average forward P/E of 19.84. 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
19.84
Current PE
19.27
Overvalued PE
22.35
Undervalued PE
17.34

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
12.27
Current EV/EBITDA
13.20
Overvalued EV/EBITDA
13.11
Undervalued EV/EBITDA
11.43

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
2.36
Current PS
2.48
Overvalued PS
2.63
Undervalued PS
2.08

Financials

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Whales Holding CMS

G
Graham Capital Management, L.P.
Holding
CMS
+20.44%
3M Return
S
Sourcerock Group LLC
Holding
CMS
+15.88%
3M Return
C
Cavanal Hill Investment Management, Inc.
Holding
CMS
+12.28%
3M Return
E
ExodusPoint Capital Management, LP
Holding
CMS
+9.21%
3M Return
L
Lord, Abbett & Co. LLC
Holding
CMS
+8.75%
3M Return
P
Partners Group Holding AG
Holding
CMS
+6.93%
3M Return

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Frequently Asked Questions

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

The current price of CMS is 74.04 USD — it has decreased -0.22

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 2.73B USD, increased 11.57

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 1.10 USD, increased 8.91

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

CMS Energy Corp (CMS) has 8350 emplpoyees as of May 27 2026.

What is CMS Energy Corp (CMS) market cap?

Today CMS has the market capitalization of 22.92B USD.