CMS Energy (CMS) Stock Price, News & Analysis

Company Overview

CMS Energy Corporation is a diversified energy company headquartered in Jackson, Michigan, primarily engaged in the regulated provision of electricity and natural gas. Through its principal subsidiary, Consumers Energy, the company serves more than six million customers across Michigan’s Lower Peninsula. With roots dating back to the founding of Consumers Power Company in 1886, CMS Energy has evolved over more than a century to become one of the largest publicly traded utilities in the United States, trading on the New York Stock Exchange under the symbol CMS.

In its regulated utility segment, CMS Energy delivers reliable electricity and natural gas distribution services under long-term rate structures approved by state regulators. The company’s electric operations encompass generation, transmission and distribution networks, while its natural gas operations include storage, distribution pipelines and market supply. This integrated model enables CMS Energy to manage costs and maintain service continuity for residential, commercial and industrial customers across varied urban and rural communities.

Beyond regulated activities, CMS Energy continues to expand its generation portfolio with a focus on cleaner energy sources. The company operates a mix of natural gas, coal and nuclear plants, alongside growing investments in renewable assets such as wind farms, solar installations and battery storage projects. These initiatives support Michigan’s clean energy goals and reflect CMS Energy’s commitment to reducing carbon emissions and fostering sustainable development in the region.

Led by President and CEO Patti Poppe, CMS Energy emphasizes operational excellence, customer satisfaction and community engagement. The company maintains a strong presence in economic development initiatives, workforce training and charitable partnerships throughout Michigan. With a leadership team experienced in utility management and a strategic focus on innovation and environmental responsibility, CMS Energy continues to position itself for long-term growth in the evolving energy landscape.

Key Stats

• Today's Range: $68.63 to $69.62
• 50-Day Range: $68.61 to $73.93
• 52-Week Range: $58.50 to $76.45
• Volume: 1.97 million shs
• Average Volume: 2.32 million shs
• Market Capitalization: $20.77 billion
• P/E Ratio: 20.61
• Dividend Yield: 3.13%
• Price Target: $77.00
• Consensus Rating: Moderate Buy

CMS Energy Stock Analysis - MarketRank™

CMS Energy scored higher than 93% of companies evaluated by MarketBeat, and ranked 10th 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CMS Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.

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: 8.08%

Earnings Growth

Earnings for CMS Energy are expected to grow by 8.08% in the coming year, from $3.59 to $3.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CMS Energy is 20.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of CMS Energy is 20.61, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.09.

Price to Earnings Growth Ratio

CMS Energy has a PEG Ratio of 2.48. 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 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.57% 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 3.8, 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 29.09%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

CMS Energy pays a meaningful dividend of 3.12%, 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 64.39%. 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 55.93% next year. This indicates that CMS Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.7 / 5
• Environmental Score: -7.32

Percentage of Shares Shorted

3.57% 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 3.8, 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 29.09%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.20

News Sentiment

CMS Energy has a news sentiment score of 1.20. 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 0.69 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for CMS Energy this week, compared to 13 articles on an average week.

Search Interest

3 people have searched for CMS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

2 people have added CMS Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 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 $161,795.00 in company stock.

Percentage Held by Insiders

Only 0.49% 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.

CMS Stock Analysis - Frequently Asked Questions

How have CMS shares performed this year?

CMS Energy's stock was trading at $66.65 at the start of the year. Since then, CMS shares have increased by 4.2% and is now trading at $69.44.

How were CMS Energy's earnings last quarter?

CMS Energy Corporation (NYSE:CMS) announced its earnings results on Thursday, April, 24th. The utilities provider reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.03. The business's revenue for the quarter was up 12.5% on a year-over-year basis.
Read the conference call transcript.

Does CMS Energy have any subsidiaries?

CMS Energy subsidiaries include Petal Gas Storage Co, Hydra-Co Enterprises, Beeland Group LLC, CMS Capital L.L.C., CMS Electric & Gas L.L.C., CMS Energy Resource Management Company, CMS Engineering Co., and others.

Who are CMS Energy's major shareholders?

CMS Energy's top institutional investors include Thurston Springer Miller Herd & Titak Inc. (0.01%). Insiders that own company stock include John G Russell, Brian F Rich, Brandon J Hofmeister, Shaun M Johnson, Catherine A Hendrian, Laura Wright, Scott B Mcintosh and Jon E Barfield.
View institutional ownership trends.

How do I buy shares of CMS Energy?

Shares of CMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CMS Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CMS Energy investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 4/24/2025
• Record date for 5/30 Dividend: 5/09/2025
• Ex-Dividend for 5/30 Dividend: 5/09/2025
• Dividend Payable: 5/30/2025
• Today: 7/09/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:CMS
• CIK: 811156
• Web: www.cmsenergy.com
• Phone: (517) 788-0550
• Fax: 517-788-1859
• Employees: 8,324
• Year Founded: 1987

Price Target and Rating

• Average Price Target for CMS Energy: $77.00
• High Price Target: $83.00
• Low Price Target: $69.00
• Potential Upside/Downside: +10.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.54
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.37
• Trailing P/E Ratio: 20.61
• Forward P/E Ratio: 19.34
• P/E Growth: 2.48
• Net Income: $1.00 billion
• Net Margins: 13.10%
• Pretax Margin: 14.90%
• Return on Equity: 12.06%
• Return on Assets: 2.90%

Debt

• Debt-to-Equity Ratio: 1.87
• Current Ratio: 1.06
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $7.52 billion
• Price / Sales: 2.76
• Cash Flow: $7.51 per share
• Price / Cash Flow: 9.25
• Book Value: $28.53 per share
• Price / Book: 2.43

Miscellaneous

• Outstanding Shares: 299,120,000
• Free Float: 297,658,000
• Market Cap: $20.77 billion
• Optionable: Optionable
• Beta: 0.38