CMS Energy Corporation (CMS)

Currency in USD
72.85
-0.02(-0.02%)
Real-time Data·
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Fair Value
Day's Range
72.1373.88
52 wk Range
67.0476.45
Key Statistics
Prev. Close
72.86
Open
73.66
Day's Range
72.13-73.88
52 wk Range
67.04-76.45
Volume
1.21M
Average Volume (3m)
2.52M
1-Year Change
6.593%
Book Value / Share
28.86
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
77.46
Upside
+6.33%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period

CMS Energy Corporation News & Analysis

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Technical Analysis

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

CMS Energy Corporation Company Profile

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 270 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,646 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 81,924 miles of electric distribution overhead lines; 9,775 miles of underground distribution lines; and 1,098 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,342 miles of transmission lines; 15 gas storage fields; 28,368 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
8324

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 Q4/2025

  • CMS Energy reported Q4 revenue of $2.23 billion, exceeding forecasts by 12.06%, while EPS met expectations at $0.95, driving a 2.5% pre-market stock increase to $71.60.
  • The company raised its 2026 EPS guidance to $3.83-3.90, representing 6-8% growth, and reported 2025 adjusted EPS of $3.61, an 8% year-over-year increase.
  • CMS Energy continues significant investment in renewable energy with a 20-year plan focusing on solar and wind projects, preparing to file an Integrated Resource Plan in mid-2026.
  • CEO Garrick Rochow emphasized the company's commitment to stakeholder value, while CFO Rejji Hayes highlighted their consistent performance model.
  • Potential challenges include regulatory changes, renewable project delays due to zoning issues, economic fluctuations, competitive pressures, and supply chain disruptions.
Last Updated: 05/02/2026, 17:22
Read Full Transcript

Compare CMS to Peers and Sector

Metrics to compare
CMS
Peers
Sector
Relationship
P/E Ratio
20.8x21.0x12.2x
PEG Ratio
3.580.900.02
Price/Book
2.5x2.1x1.3x
Price / LTM Sales
2.6x3.1x1.7x
Upside (Analyst Target)
4.7%11.0%11.9%
Fair Value Upside
Unlock−7.6%2.3%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 77.46
(+6.33% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Hold81.00+11.17%77.00MaintainFeb 06, 2026
Mizuho
Hold76.00+4.31%73.00MaintainFeb 06, 2026
BMO Capital
Buy79.00+8.43%81.00MaintainFeb 02, 2026
Morgan Stanley
Hold75.00+2.94%74.00MaintainFeb 02, 2026
BofA Securities
Buy82.00+12.54%80.00MaintainJan 30, 2026

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.53%
Dividend Yield
2.98%
Industry Median 3.43%
Annualised payout
2.17
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Feb 05, 2026
EPS / Forecast
0.95 / 0.95
Revenue / Forecast
2.23B / 1.99B
EPS Revisions
Last 90 days

CMS Income Statement

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FAQ

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

The CMS Energy (CMS) premarket price is 72.36. Premarket price change units: -0.50. Premarket percentage change: -0.69%. Premarket volume: 170.00. Current date: 06 Feb 2026. Previous close: 72.86

What Stock Exchange Does CMS Energy Trade On?

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

What Is the Stock Symbol for CMS Energy?

The stock symbol for CMS Energy is "CMS."

What Is the CMS Energy (CMS) Afterhours Price Today? (Afterhours variable test: 74.31) Current Date: 06 Feb 2026

After hours price: 74.31. After hours price change (units): 1.45. Price change percentage: 1.99%

What Is the CMS Energy Market Cap?

As of today, CMS Energy market cap is 22.09B.

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

The CMS Energy EPS (TTM) is 3.53.

When Is the Next CMS Energy Earnings Date?

CMS Energy will release its next earnings report on 22 Apr 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 8324 employees.

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

As of 06 Feb 2026, CMS Energy (CMS) is trading at a price of 72.85, with a previous close of 72.86. The stock has fluctuated within a day range of 72.13 to 73.88, while its 52-week range spans from 67.04 to 76.45.

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

The average 12-month price target for CMS Energy is USD77.46, with a high estimate of USD87 and a low estimate of USD66. 8 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +6.33% Upside potential.

What Is the CMS Premarket Price?

CMS's last pre-market stock price is 72.36. The pre-market share volume is 170.00, and the stock has decreased by -0.50, or -0.69%.

What Is the CMS After Hours Price?

CMS's last after hours stock price is 74.31, the stock has decreased by 1.45, or 1.99%.
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