CMS Energy (CMS) Stock Price, News & Analysis

Company Overview

CMS Energy is a Michigan-based energy company and the parent of Consumers Energy, a regulated utility that provides electricity and natural gas to homes and businesses across Michigan’s Lower Peninsula. Consumers Energy serves customers in all 68 counties in the peninsula.

Through Consumers Energy, the company generates, purchases, transmits and distributes electricity, and supplies natural gas. Its operations include maintaining utility infrastructure and developing energy resources, including renewable generation, to support the region’s energy needs.

CMS Energy was formed as a holding company in 1987 and is headquartered in Jackson, Michigan. Its roots include Consumers Energy, whose history dates to the 19th century.

Key Stats

• Today's Range: $69.09 to $69.80
• 50-Day Range: $62.61 to $70.91
• 52-Week Range: $62.28 to $80.36
• Volume: 2.88 million shs
• Average Volume: 4.46 million shs
• Market Capitalization: $21.82 billion
• P/E Ratio: 17.94
• Dividend Yield: 3.28%
• Price Target: $77.35
• Consensus Rating: Hold

CMS Energy Stock Analysis - MarketRank™

CMS Energy scored higher than 79% of companies evaluated by MarketBeat, and ranked 44th out of 97 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: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

CMS Energy has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on no strong buy ratings, 7 buy ratings, 8 hold ratings, and no sell ratings.

Upside Potential

CMS Energy has a consensus price target of $77.35, representing about 11.2% upside from its current price of $69.57.

Amount of Analyst Coverage

CMS Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 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 17.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of CMS Energy is 17.94, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 31.33.

Price to Earnings Growth Ratio

CMS Energy has a PEG Ratio of 2.55. 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 2.17. 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

5.86% 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 3.97, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CMS Energy has recently increased by 0.02%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

CMS Energy pays a meaningful dividend of 3.27%, 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 81.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

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: 4.1 / 5
• News Sentiment: 1.53

News Sentiment

CMS Energy has a news sentiment score of 1.53. 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 0.47 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for CMS Energy this week, compared to 5 articles on an average week.

Search Interest

Only 2 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

4 people have added CMS Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CMS Energy insiders have not sold or bought any 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 9/1 Dividend: 8/07/2026
• Ex-Dividend for 9/1 Dividend: 8/07/2026
• Dividend Payable: 9/01/2026
• Last Earnings: 10/27/2026
• Record date for 12/1 Dividend: 11/06/2026
• Ex-Dividend for 12/1 Dividend: 11/06/2026
• Today: 11/11/2026
• Dividend Payable: 12/01/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Multi - Utilities
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:CMS
• CIK: 811156
• 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: $77.35
• High Price Target: $88.00
• Low Price Target: $69.00
• Potential Upside/Downside: +11.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.47
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.80
• Trailing P/E Ratio: 17.94
• Forward P/E Ratio: 16.72
• P/E Growth: 2.55
• Net Income: $1.07 billion
• Net Margins: 9.72%
• Pretax Margin: 7.50%
• Return on Equity: 12.28%
• Return on Assets: 2.98%

Debt

• Debt-to-Equity Ratio: 1.88
• Current Ratio: 0.95
• Quick Ratio: 0.67

Sales & Book Value

• Annual Sales: $8.54 billion
• Price / Sales: 2.56
• Cash Flow: $7.82 per share
• Price / Cash Flow: 8.90
• Book Value: $32.11 per share
• Price / Book: 2.17

Miscellaneous

• Outstanding Shares: 313,630,000
• Free Float: 312,058,000
• Market Cap: $21.82 billion
• Optionable: Optionable
• Beta: 0.31