CMS Energy Corporation (CMS)

Currency in USD
76.74
+2.01(+2.69%)
Closed·
76.740.00(0.00%)
·
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Fair Value
Day's Range
75.0876.85
52 wk Range
67.7180.36
Key Statistics
Prev. Close
74.73
Open
75.11
Day's Range
75.08-76.85
52 wk Range
67.71-80.36
Volume
2.61M
Average Volume (3m)
3.07M
1-Year Change
4.1955%
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
82.00
Upside
+6.85%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period

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
Buy

Analyst Ratings

9 Buy
7 Hold
1 Sell
Ratings:
17 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 82.00
(+6.85% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jefferies
Buy88.00+14.67%90.00Maintain30-04-2026
BMO Capital
Buy85.00+10.76%84.00Maintain29-04-2026
Mizuho
Hold78.00+1.64%76.00Maintain29-04-2026
Barclays
Buy79.00+2.95%81.00Maintain29-04-2026
BMO Capital
Buy84.00+9.46%85.00Maintain22-04-2026

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: 28-04-2026, 09:12 pm
Read Full Transcript

Earnings

Latest Release
28-04-2026
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 3.63%
Dividend Yield
3.05%
Industry Median 3.52%
Annualised payout
2.28
Paid quarterly
5-Years Growth
-0.36%
Growth Streak

CMS Income Statement

Compare CMS to Peers and Sector

Metrics to compare
CMS
Peers
Sector
Relationship
P/E Ratio
21.6x24.3x13.0x
PEG Ratio
3.021.450.02
Price/Book
2.6x2.4x1.3x
Price / LTM Sales
2.7x3.7x1.8x
Upside (Analyst Target)
11.1%9.3%11.7%
Fair Value Upside
Unlock−11.6%2.0%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
182.79M59.35%13.66B
Other Institutional Investors
117.43M38.13%8.78B
Public Companies & Retail Investors
7.77M2.52%580.92M
Total
308M100.00%23.02B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
The Vanguard Group, Inc.13.21%4,06,72,29230,39,440
BlackRock, Inc.10.59%3,26,11,10124,37,028

FAQ

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

The CMS Energy share price today is 76.74.

What is the current CMS Energy (CMS) share price and day range?

As of 30-04-2026, the CMS Energy share price is 76.74, with a previous close of 74.73. The share price has ranged from 75.08 to 76.85 today, while the 52-week range spans from 67.71 to 80.36.

What Is the CMS Energy Market Cap?

As of today, CMS Energy market cap is 23.73B.

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

The CMS Energy dividend yield is 2.97%.

What Is the CMS Energy (CMS) Share Price Target?

The average 12-month share price target for CMS Energy is 82.00, with a high estimate of 90 and a low estimate of 66. 9 analysts recommend buying, while 1 suggest selling, with an overall rating of Buy and +6.85% Upside potential.

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

The CMS Energy EPS (TTM) is 3.63.

When Is the Next CMS Energy Earnings Date?

CMS Energy will release its next earnings report on 23-07-2026.

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 Neutral.

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."

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 CMS Premarket Price?

CMS's last pre-market stock price is 74.62. The pre-market share volume is 80.00, and the stock has changed by -0.11, or -0.15%.
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