CMS Energy Corporation (CMS)

Currency in USD
77.73
+1.81(+2.38%)
Closed·
77.730.00(0.00%)
·
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Fair Value
Day's Range
76.1177.76
52 wk Range
68.6380.36
Key Statistics
Prev. Close
75.92
Open
76.56
Day's Range
76.11-77.76
52 wk Range
68.63-80.36
Volume
1.9M
Average Volume (3m)
3.16M
1-Year Change
10.3023%
Book Value / Share
30.01
Fair Value
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Fair Value Upside
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CMS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
79.79
Upside
+2.64%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth

CMS Energy Corporation News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

8 Buy
7 Hold
1 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 79.79
(+2.64% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BMO Capital
Buy81.00+4.21%-MaintainJun 26, 2026
KeyBanc
Buy83.00+6.78%-MaintainJun 08, 2026
BMO Capital
Buy81.00+4.21%82.00MaintainJun 04, 2026
Jefferies
Hold74.00-4.80%88.00DowngradeJun 04, 2026
Morgan Stanley
Hold77.00-0.94%81.00MaintainMay 21, 2026

CMS Energy Corporation SWOT Analysis


Regulatory Tailwinds
CMS Energy benefits from a supportive regulatory environment in Michigan, with recent approvals bolstering revenue and reinforcing investor confidence in the utility's growth prospects.
Financial Fortitude
Explore CMS Energy's robust financial outlook, featuring projected 6-8% annual EPS growth, consistent dividends, and an upward revision of 2025 EPS guidance to $3.54-$3.60.
Strategic Initiatives
Delve into CMS Energy's key growth drivers, including renewable energy programs, digital innovations, and efficient financing strategies poised to capitalize on Michigan's Energy Law.
Analyst Perspectives
Discover why analysts maintain a positive outlook on CMS Energy, with price targets ranging from $75 to $80, reflecting confidence in the company's regulatory position and execution.
Read full SWOT analysis

CMS Energy Corporation Earnings Call Summary for Q1/2026

  • CMS Energy Q1 2026 EPS of $1.13 beat forecast by 2.73%; revenue of $2.73B exceeded estimates by 7.06%, driven by NorthStar and rate relief.
  • Stock rose 1.25% to $77 in pre-market trading; company reaffirmed full-year 2026 EPS guidance of $3.83-$3.90, targeting high end of range.
  • Adjusted net income reached $346M, boosted by strategic renewable investments and recovery from prior-year challenges.
  • Long-term EPS growth projected at 6-8%; executives emphasized Integrated Resource Plan with significant clean energy investments.
  • Key risks include regulatory hurdles on capital plan cost recovery, weather variability, and execution of financing strategies to maintain credit ratings.
Last Updated: 2026-04-28, 11:42 a/m
Read Full Transcript

Earnings

Latest Release
Apr 28, 2026
EPS / Forecast
1.13 / 1.10
Revenue / Forecast
2.73B / 2.55B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.62%
Dividend Yield
3.00%
Industry Median 3.51%
Annualized payout
2.28
Paid quarterly
5-Years Growth
+5.80%
Growth Streak

CMS Income Statement

Compare CMS to Peers and Sector

Metrics to compare
CMS
Peers
Sector
Relationship
P/E Ratio
21.9x24.5x12.1x
PEG Ratio
3.046.880.02
Price/Book
2.6x2.4x1.3x
Price / LTM Sales
2.7x3.6x1.7x
Upside (Analyst Target)
3.6%3.3%17.3%
Fair Value Upside
Unlock−10.9%2.7%Unlock

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and NorthStar Clean Energy. The Electric Utility segment is involved in the generation, purchase, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources. Its distribution system comprises 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company 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.

Sector
Utilities
Employees
8350

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
185.62M60.09%14.43B
Other Institutional Investors
121.56M39.35%9.45B
Public Companies & Retail Investors
1.74M0.56%135.00M
Total
308.92M100.00%24.01B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.86%33,563,5742,608,897
Vanguard Capital Management, LLC6.43%19,877,2971,545,062

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FAQ

What Is the CMS Energy (CMS) Stock Price Today?

The CMS Energy stock price today is 77.73 USD.

What Stock Exchange Does CMS Energy Trade On?

CMS Energy is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for CMS Energy?

The stock symbol for CMS Energy is "CMS."

Does CMS Energy Pay Dividends? What’s The Current Dividend Yield?

The CMS Energy dividend yield is 3%.

What Is the CMS Energy Market Cap?

As of today, CMS Energy market cap is 24.01B USD.

What Is CMS Energy's Earnings Per Share (TTM)?

The CMS Energy EPS (TTM) is 3.62.

When Is the Next CMS Energy Earnings Date?

CMS Energy will release its next earnings report on Jul 23, 2026.

From a Technical Analysis Perspective, Is CMS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has CMS Energy Stock Split?

CMS Energy has split 0 times.

How Many Employees Does CMS Energy Have?

CMS Energy has 8350 employees.

What is the current trading status of CMS Energy (CMS)?

As of Jul 05, 2026, CMS Energy (CMS) is trading at a price of 77.73 USD, with a previous close of 75.92 USD. The stock has fluctuated within a day range of 76.11 USD to 77.76 USD, while its 52-week range spans from 68.63 USD to 80.36 USD.

What Is CMS Energy (CMS) Price Target According to Analysts?

The average 12-month price target for CMS Energy is 79.79 USD, with a high estimate of 88 USD and a low estimate of 66 USD. 8 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +2.64% Upside potential.
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