CMS Energy (CMS) Stock Price, News & Analysis

Company Overview

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings. The company has invested in grid modernization, reliability initiatives and distributed-energy resources to support service continuity and evolving customer needs. CMS Energy also undertakes project development and procurement to add capacity and diversify its resource mix, including investments in renewables and energy storage where regulatory and commercial conditions permit.

CMS Energy traces its roots to longstanding utility operations in Michigan and has continued to evolve under the regulatory framework that governs public utilities in the state. Its strategic focus emphasizes maintaining reliable service for its customer base while transitioning elements of its generation portfolio to cleaner resources and upgrading infrastructure to support future demand patterns. The company operates within Michigan’s regulated utility environment and engages with state regulators, local communities and stakeholders as it executes system investments and policy-driven initiatives.

Key Stats

• Today's Range: $74.13 to $75.14
• 50-Day Range: $70.39 to $78.73
• 52-Week Range: $68.64 to $80.36
• Volume: 340,649 shs
• Average Volume: 3.16 million shs
• Market Capitalization: $23.06 billion
• P/E Ratio: 20.64
• Dividend Yield: 3.05%
• Price Target: $81.75
• Consensus Rating: Moderate Buy

CMS Energy Stock Analysis - MarketRank™

CMS Energy scored higher than 75% of companies evaluated by MarketBeat, and ranked 44th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CMS Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 6 buy ratings, 6 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for CMS Energy is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

CMS Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 7.49%

Earnings Growth

Earnings for CMS Energy are expected to grow by 7.49% in the coming year, from $3.87 to $4.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CMS Energy is 20.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of CMS Energy is 20.59, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 19.93.

Price to Earnings Growth Ratio

CMS Energy has a PEG Ratio of 2.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CMS Energy has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.63% of the float of CMS Energy has been sold short.

Short Interest Ratio / Days to Cover

CMS Energy has a short interest ratio ("days to cover") of 7.07.

Change versus previous month

Short interest in CMS Energy has recently decreased by 1.96%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

CMS Energy pays a meaningful dividend of 3.05%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

CMS Energy has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of CMS Energy is 62.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, CMS Energy will have a dividend payout ratio of 54.81% next year. This indicates that CMS Energy will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.97

News Sentiment

CMS Energy has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 30 news articles for CMS Energy this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for CMS on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added CMS Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CMS Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $222,930.00 in company stock.

Percentage Held by Insiders

0.50% of the stock of CMS Energy is held by insiders.

Percentage Held by Institutions

93.57% of the stock of CMS Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 5/29 Dividend: 5/08/2026
• Ex-Dividend for 5/29 Dividend: 5/08/2026
• Dividend Payable: 5/29/2026
• Last Earnings: 7/28/2026
• Today: 7/29/2026
• Record date for 9/1 Dividend: 8/07/2026
• Ex-Dividend for 9/1 Dividend: 8/07/2026
• Dividend Payable: 9/01/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:CMS
• CIK: 201533
• Web: www.cmsenergy.com
• Phone: (517) 788-0550
• Fax: 517-788-1859
• Employees: 8,350
• Year Founded: 1987

Price Target and Rating

• Average Price Target for CMS Energy: $81.33
• High Price Target: $88.00
• Low Price Target: $76.00
• Potential Upside/Downside: +8.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.62
• Trailing P/E Ratio: 20.62
• Forward P/E Ratio: 19.34
• P/E Growth: 2.69
• Net Income: $1.07 billion
• Net Margins: 12.55%
• Pretax Margin: 14.19%
• Return on Equity: 12.17%
• Return on Assets: 2.91%

Debt

• Debt-to-Equity Ratio: 1.80
• Current Ratio: 0.84
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $8.82 billion
• Price / Sales: 2.62
• Cash Flow: $7.91 per share
• Price / Cash Flow: 9.47
• Book Value: $30.96 per share
• Price / Book: 2.42

Miscellaneous

• Outstanding Shares: 308,920,000
• Free Float: 307,375,000
• Market Cap: $23.13 billion
• Optionable: Optionable
• Beta: 0.35