CMS Energy (CMS) Stock Price

CMS Energy Price

NYSE·CLOSED
65.34
-0.86 (-1.31 %)
Market closed

Revenue has compounded at 1.8% per year over the past 19 years to 8.54 B USD. Earnings per share have grown at 6.1% per year over the last 17 years. CMS Energy's net margin stands at 12.5%, down from 18.5% several years earlier. CMS Energy currently offers a dividend yield of about 3.32%. The payout ratio is around 61% of earnings. The dividend has grown at 14.2% per year over the past 18 years. Analysts set a median price target of 81.00 USD, implying 24.0% above the current price. Of 21 analysts, 12 rate the stock a buy — an overall Buy consensus.

CMS Energy stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of CMS Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how CMS Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing CMS Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

CMS Energy Stock Price History
DateCMS Energy Price
9/18/202665.34 USD
9/17/202666.20 USD
9/16/202666.62 USD
9/15/202666.29 USD
9/14/202667.11 USD
9/11/202667.39 USD
9/10/202667.68 USD
9/9/202668.17 USD
9/8/202668.97 USD
9/4/202668.93 USD
9/3/202668.59 USD
9/2/202668.06 USD
9/1/202667.96 USD
8/31/202668.05 USD
8/28/202668.30 USD
8/27/202668.39 USD
8/26/202669.23 USD
8/25/202668.74 USD
8/24/202668.14 USD
8/21/202668.27 USD
8/20/202669.83 USD
8/19/202670.63 USD
8/18/202671.61 USD
8/14/202671.11 USD
8/13/202670.51 USD
8/12/202670.02 USD
8/11/202669.62 USD
8/10/202669.57 USD
8/7/202671.03 USD
8/6/202671.20 USD
Access this data via the Eulerpool API

CMS Energy Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
7.46 B USD
1.24 B USD
887.00 M USD
Jan 1, 2024
7.52 B USD
1.49 B USD
1.00 B USD
Jan 1, 2025
8.54 B USD
1.73 B USD
1.07 B USD
Jan 1, 2026 (e)
9.00 B USD
1.97 B USD
1.17 B USD
Jan 1, 2027 (e)
9.36 B USD
2.07 B USD
1.25 B USD
Jan 1, 2028 (e)
9.80 B USD
2.17 B USD
1.35 B USD
Jan 1, 2029 (e)
10.12 B USD
2.29 B USD
1.46 B USD
Jan 1, 2030 (e)
10.41 B USD
2.42 B USD
1.58 B USD

CMS Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 21, 2026, 5:11 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
6.466.406.586.876.626.427.338.607.467.528.549.009.369.8010.1210.41
-10.07-0.882.884.41-3.62-3.1114.1917.29-13.190.7113.635.453.924.723.262.85
33.9236.6938.0234.8936.7640.9836.1432.1338.3542.7060.9160.9160.9160.9160.9160.91
2.192.352.502.402.442.632.652.762.863.215.205.485.705.976.166.34
1.181.261.321.231.221.231.151.221.241.491.731.972.072.172.292.42
18.2519.7120.1117.9318.4819.1615.6414.2416.5519.7920.2221.9122.1122.1922.6423.27
0.520.550.460.660.680.761.350.840.891.001.071.171.251.351.461.58
9.645.35-16.5242.833.5011.0379.21-38.145.9713.086.788.787.387.917.858.24
1.161.241.661.432.661.631.741.841.952.062.172.282.412.56
7.416.9033.87-13.8686.01-38.726.755.755.985.645.345.075.706.22
277.00279.00280.80283.30284.80286.90289.70291.30294.40298.78300.57300.57300.57300.57300.57300.57
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales CMS Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue CMS Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare CMS Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares CMS Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against CMS Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

CMS Energy stock margins

The CMS Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of CMS Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for CMS Energy.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
36.14 %
15.64 %
18.46 %
Jan 1, 2022
32.13 %
14.24 %
9.74 %
Jan 1, 2023
38.35 %
16.55 %
11.89 %
Jan 1, 2024
42.70 %
19.79 %
13.35 %
Jan 1, 2025
60.91 %
20.22 %
12.54 %
Jan 1, 2026 (e)
60.91 %
21.92 %
12.94 %
Jan 1, 2027 (e)
60.91 %
22.11 %
13.38 %
Jan 1, 2028 (e)
60.91 %
22.20 %
13.78 %

CMS Energy Stock Revenue, EBIT, Earnings per Share

The CMS Energy earnings per share therefore indicates how much revenue CMS Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
25.30 USD
3.96 USD
4.67 USD
Jan 1, 2022
29.51 USD
4.20 USD
2.87 USD
Jan 1, 2023
25.35 USD
4.19 USD
3.01 USD
Jan 1, 2024
25.15 USD
4.98 USD
3.36 USD
Jan 1, 2025
28.41 USD
5.75 USD
3.56 USD
Jan 1, 2026 (e)
29.92 USD
6.57 USD
3.87 USD
Jan 1, 2027 (e)
31.09 USD
6.88 USD
4.16 USD
Jan 1, 2028 (e)
32.56 USD
7.24 USD
4.49 USD

CMS Energy business model & stock analysis

CMS Energy Corp is a US energy supply company based in Michigan. The company's history dates back to 1886 when the Michigan Gas Company was founded. Over the years, the company has merged several times and changed its name multiple times until it received its current name, CMS Energy Corp, in 1995. CMS Energy Corp's business model is to offer energy supply and distribution in various areas of the USA. The company focuses on operating coal, gas, nuclear, and renewable energy facilities. The CMS Enterprises division is responsible for the production and marketing of renewable energies such as wind power and solar energy. The company is divided into various divisions, with the largest being CMS Energy Michigan. Here, electricity and gas are supplied to customers in Michigan. The company is also active in other states, such as through the CMS Energy Virginia division, which supplies electricity to customers in Virginia. In addition, CMS Energy Corp is active in the gas and electricity distribution and transmission sector, as well as in energy supply for business customers. CMS Energy Corp offers customers various products and services. In the field of power supply, the company is known for providing higher reliability and efficiency than other providers. CMS Energy Corp also relies on a wide range of renewable energy sources to ensure sustainable energy supply. Customers who want to switch to renewable energies can rely on the expertise and services of CMS Energy Corp. In the field of gas supply, CMS Energy Corp is one of the leading providers in the USA. Customers can choose between different tariffs and pricing models to find the right solution for their needs. The company also offers various services to support customers in their current gas supply or to facilitate the switch to renewable energies. CMS Energy Corp is also a leader in energy efficiency and offers customers various services to reduce their energy consumption. These include consulting services and energy-saving programs. CMS Energy Corp is also active in the field of smart grids and intelligent energy supply. Overall, CMS Energy Corp is a leading provider of electricity and gas supply in the USA. The company focuses on renewable energies and demonstrates a strong commitment to sustainability and environmental protection. Customers can access a wide range of products and services to optimize their energy supply and reduce their energy costs.

CMS Energy SWOT Analysis

Strengths

CMS Energy Corp has a strong track record of financial performance, consistently delivering solid revenue and earnings growth.

The company has a diversified portfolio of assets, including a mix of conventional and renewable energy sources, which helps mitigate risks and ensures a stable supply of electricity.

CMS Energy Corp has established a strong brand and reputation in the energy sector, being recognized for its commitment to sustainability and environmental stewardship.

Weaknesses

One of the weaknesses of CMS Energy Corp is its high level of debt, which could limit the company's flexibility in pursuing growth opportunities or responding to changes in the industry.

The company heavily relies on regulatory approvals and government policies, making it vulnerable to changes in regulations, which could impact its operations and profitability.

CMS Energy Corp's limited geographic presence could hinder its ability to expand into new markets or take advantage of regional opportunities.

Opportunities

The increasing demand for renewable energy sources presents a significant opportunity for CMS Energy Corp to further develop its renewable energy portfolio and capitalize on the growing market.

The ongoing transition towards clean energy and the government's focus on reducing carbon emissions create opportunities for CMS Energy Corp to invest in sustainable technologies and initiatives.

Expanding into new geographical markets, both domestically and internationally, could provide CMS Energy Corp with access to new customers and revenue streams.

Threats

Intense competition within the energy industry, including from new entrants and disruptive technologies, poses a threat to CMS Energy Corp's market share and profitability.

Fluctuations in energy prices, particularly natural gas and oil prices, could impact CMS Energy Corp's operating costs and margins.

Increasing regulatory scrutiny and potential changes in environmental regulations may require CMS Energy Corp to make costly investments or face penalties.

CMS Energy Employees

  • 3 Years

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  • Max

CMS Energy Employees
Details
Date
CMS Energy Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

CMS Energy Segments

CMS Energy Revenue by Segment (1/2)

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Details
Date
Residential
Commercial
Industrial
Other
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD

CMS Energy Revenue by Segment (2/2)

  • 3 Years

  • 5 Years

  • Max

Electric Utility
Gas Utility
EnerBank
Enterprises
Details
Date
Electric Utility
Gas Utility
EnerBank
Enterprises
Jan 1, 2018
4.56 B USD
1.90 B USD
0.00 USD
0.00 USD
Jan 1, 2019
4.44 B USD
1.94 B USD
221.00 M USD
248.00 M USD
Jan 1, 2020
4.37 B USD
1.82 B USD
262.00 M USD
229.00 M USD

CMS Energy Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

CMS Energy historical P/E ratio, EBIT multiple, and P/S ratio

CMS Energy annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down CMS Energy's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in CMS Energy's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare CMS Energy's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

CMS Energy shares outstanding

The number of shares of CMS Energy was 300.57 M in 2025. This indicates how many shares CMS Energy is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
289.70 M Stocks
Jan 1, 2022
291.30 M Stocks
Jan 1, 2023
294.40 M Stocks
Jan 1, 2024
298.78 M Stocks
Jan 1, 2025
300.57 M Stocks
Jan 1, 2026 (e)
300.57 M Stocks
Jan 1, 2027 (e)
300.57 M Stocks
Jan 1, 2028 (e)
300.57 M Stocks

CMS Energy Dividend History

33 years of dividend payments · 5 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.71USDYTD
Feb 17, 20260.57USD 5.1%1/3
May 8, 20260.57USD 0.0%2/3
Aug 7, 20260.57USD 0.0%3/3
20252.17USD 5.3%
Feb 14, 20250.54USD 5.3%1/4
May 9, 20250.54USD 0.0%2/4
Aug 8, 20250.54USD 0.0%3/4
Nov 7, 20250.54USD 0.0%4/4
20242.06USD 5.6%
20231.95USD 6.0%
20221.84USD 5.7%
20211.74USD 6.7%
20201.63USD 38.6%
20192.66USD 85.7%
20181.43USD 14.0%
20171.66USD 34.1%

CMS Energy dividend history and estimates

In 2025, CMS Energy paid a dividend amounting to 2.17 USD. Dividend means that CMS Energy distributes a portion of its profits to its owners.
  • 3 Years

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  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.74 USD
0.00 USD
Jan 1, 2022
1.84 USD
0.00 USD
Jan 1, 2023
1.95 USD
0.00 USD
Jan 1, 2024
2.06 USD
0.00 USD
Jan 1, 2025
2.17 USD
0.00 USD
Jan 1, 2026 (e)
1.71 USD
0.57 USD
Jan 1, 2027 (e)
0.00 USD
2.41 USD
Jan 1, 2028 (e)
0.00 USD
2.56 USD

CMS Energy dividend payout ratio

In 2025, CMS Energy had a payout ratio of 60.90%. The payout ratio indicates the percentage of the company's profits that CMS Energy distributes as dividends.
  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
37.26 %
Jan 1, 2022
64.04 %
Jan 1, 2023
64.72 %
Jan 1, 2024
61.37 %
Jan 1, 2025
60.90 %
Jan 1, 2026 (e)
58.90 %
Jan 1, 2027 (e)
58.05 %
Jan 1, 2028 (e)
57.00 %

Current CMS Energy forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
57.14 % (12)
Hold
42.86 % (9)
Sell
0.00 % (0)
12M Price Target
81.00
Last Price
65.34
Currency
USD
12M Return Potential
23.97 %
LTM Return
-7.24 %

CMS Energy Analyst Rating Actions

DateFirmActionRatingReliability
8/4/2026
Truist Securities
Truist Securities
MaintainedBuy
7/29/2026
Mizuho
Mizuho
MaintainedNeutral31
7/23/2026
Keybanc
Keybanc
DowngradeOverweightSector Weight40
7/22/2026
BMO Capital
BMO Capital
MaintainedOutperform74
7/20/2026
BMO Capital
BMO Capital
MaintainedOutperform74
7/16/2026
JP Morgan
JP Morgan
MaintainedOverweight53
7/14/2026
Barclays
Barclays
MaintainedOverweight62
6/4/2026
Jefferies
Jefferies
DowngradeBuyHold56
6/4/2026
BMO Capital
BMO Capital
MaintainedOutperform74
5/18/2026
Truist Securities
Truist Securities
MaintainedBuy

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

CMS Energy Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
10/29/20261.16USD-2.17 BUSD-2026 Q3
7/28/20260.36USD0.37USD1.87 BUSD-2026 Q2
4/28/20261.10USD1.13USD2.46 BUSD-2026 Q1
2/5/20260.93USD0.95USD1.88 BUSD-2025 Q4
10/30/20250.86USD0.93USD1.85 BUSD-2025 Q3
7/31/20250.68USD0.71USD1.74 BUSD-2025 Q2
4/24/20251.01USD1.02USD2.24 BUSD-2025 Q1
2/6/20250.87USD0.87USD2.17 BUSD-2024 Q4
10/31/20240.78USD0.84USD1.88 BUSD-2024 Q3
7/25/20240.63USD0.66USD1.73 BUSD-2024 Q2
...

EESG©

Eulerpool ESG Scorecard© for the CMS Energy stock

66/100
70
Environment
62
Social
67
Governance
E

Environment

Scope 1 - Direct Emissions16,083,829
Scope 2 - Indirect emissions from purchased energy55,383
Scope 3 - Indirect emissions within the value chain22,487,677
Total CO₂ emissions16,139,212
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

Percentage of female employees26
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

CMS Energy shareholder structure

% Name
13.41916%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
11.15069%
BLACKROCK, INC.
BLACKROCK, INC.
7.09965%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.60375%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
6.24364%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
6.01297%
STATE STREET CORP
STATE STREET CORP
...

CMS Energy Beneficial Ownership Filings (SEC 13D/G)

Free Float
31.9%
Float Shares
99.91 M
Shares Outstanding
313.58 M
StakeHolderFiling
12.41%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
11.00%
13-3434400
13-3434400
SEC ↗
9.10%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
8.80%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
7.79%
BlackRock for purposes of Schedule 13G filings.
BlackRock for purposes of Schedule 13G filings.
SEC ↗
7.50%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
7.15%
13-5620131
13-5620131
SEC ↗
7.00%
Massachusetts Financial Services Company ("MFS")
Massachusetts Financial Services Company ("MFS")
SEC ↗
6.90%
52-0556948
52-0556948
SEC ↗
6.11%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗

CMS Energy Executives and Management Board

22 members · avg. age 58 · 36 % women

GR

Mr. Garrick Rochow (50)

President, Chief Executive Officer, Director · since 2015

10.40 M USD

Management

RH

Mr. Rejji Hayes (50)

Chief Financial Officer, Executive Vice President

4.01 M USD
SJ

Mr. Shaun Johnson (46)

Executive Vice President - Business Transformation, Chief Legal and Administrative Officer

2.65 M USD
LW

Mr. LeeRoy Wells (46)

President - Natural Gas Delivery

2.35 M USD
BH

Mr. Brandon Hofmeister (48)

Senior Vice President

2.06 M USD
SM

Mr. Srikanth Maddipati

President - Electric Supply

GS

Mr. Gregory Salisbury

President - Electric Distribution

Board of Directors

JR

Mr. John Russell (67)

Independent Chairman of the Board · since 2004

466,000.00 USD
LW

Ms. Laura Wright (65)

Independent Director

319,375.00 USD
JS

Mr. John Sznewajs (57)

Independent Director

315,417.00 USD
MS

Ms. Myrna Soto (56)

Independent Director

315,000.00 USD
SS

Ms. Suzanne Shank (63)

Independent Director

308,333.00 USD
RT

Mr. Ronald Tanski (72)

Independent Director

303,334.00 USD

CMS Energy Supply Chain

CMS Energy Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
23 companies
#Nameβ 1YTrend
1
0.98
0.94
0.86
0.90
0.94
0.88
0.89
2
0.98
0.94
0.93
0.83
0.95
0.85
1.10
3
0.62
0.11
0.83
0.65
0.86
0.79
1.10
4
Fortis
Supplier
0.47
0.15
0.86
0.22
0.67
0.71
0.69
5
Fortis Inc.
Supplier
0.54
0.57
0.78
0.18
0.48
0.57
#Nameβ 1YTrend
1
Atlantic Power Corporation
Supplier·Customer
0.80
0.49
0.41
-0.28
0.22
2
DJ Mediaprint & Logistics
Supplier
-0.08
-0.39
0.83
0.38
3
Mer Telemanagement Solutions Ltd.
Supplier
0.76
0.51
-0.49
-0.31
-0.15
-0.04
4
Itron, Inc.
Supplier
0.46
0.62
-0.76
-0.66
-0.75
0
-1.63
5
Anterix
Supplier·Customer
0.91
0.60
-0.26
-0.28
0.12
0.04

Frequently asked questions about CMS Energy

The business model of CMS Energy Corp is focused on being a leading energy company in Michigan. They generate, purchase, and distribute electricity and natural gas to residential, commercial, and industrial customers. CMS Energy Corp operates through its subsidiaries, including Consumers Energy, which provides electricity and gas services to almost 7.7 million customers. The company aims to deliver reliable, sustainable, and affordable energy solutions while investing in renewable energy sources and implementing energy efficiency programs. CMS Energy Corp strives to meet customers' needs, improve infrastructure, and contribute to the overall growth of Michigan's economy.

CMS Energy Corp is primarily active in the energy and utilities industry.

The main competitors of CMS Energy Corp in the market include Duke Energy Corporation, American Electric Power Company, and Dominion Energy. These industry-leading companies provide a similar range of energy services and compete with CMS Energy Corp in areas such as electricity generation, transmission, and distribution. CMS Energy Corp distinguishes itself through its commitment to sustainable energy practices and customer focus, setting it apart from its competitors in the market.

CMS Energy Corp is a renowned energy company that has a rich history and significant background. Founded in 1886, CMS Energy Corp has evolved into a leading player in the energy sector. The company is based in Jackson, Michigan, and operates primarily through its subsidiaries, including Consumers Energy. CMS Energy Corp focuses on providing safe, reliable, and affordable energy solutions to its customers, with a strong commitment to sustainability and environmental stewardship. With a diversified portfolio of power generating plants, along with natural gas transmission and distribution assets, CMS Energy Corp continues to deliver high-quality energy services to individuals, businesses, and communities across its service territories.

CMS Energy Corp, a renowned energy company, has achieved several significant milestones over the years. One notable accomplishment is its commitment to clean energy. CMS Energy Corp has made substantial investments in renewable energy sources, such as wind and solar power, reducing carbon emissions and promoting sustainable practices. Additionally, the company has gained recognition for its consistent financial growth and strong customer satisfaction ratings. CMS Energy Corp's dedication to innovation and environmental responsibility sets it apart in the energy sector. With its focus on clean energy initiatives and continuous financial success, CMS Energy Corp establishes itself as a leading player in the industry.

CMS Energy Corp is primarily present in the United States. With its headquarters in Jackson, Michigan, CMS Energy Corp operates in many states, including Michigan, Wisconsin, Illinois, Indiana, Minnesota, and Ohio. As a leading energy company, CMS Energy Corp serves a wide customer base, providing reliable electricity and natural gas services. The company is committed to meeting the energy needs of its customers and contributing to the development of the communities it serves in various regions across the United States.

CMS Energy Corp. represents a set of core values and a corporate philosophy centered around sustainability, innovation, and customer satisfaction. With a commitment to the environment, CMS Energy prioritizes sustainable practices and strives to reduce its carbon footprint. The company emphasizes innovation by investing in advanced technologies and renewable energy sources. CMS Energy also places a strong focus on meeting customer needs, providing reliable and affordable energy solutions. Through a steadfast dedication to these values, CMS Energy Corp. has built a reputable name in the industry, earning the trust of its customers and stakeholders.

Analysts currently set an average price target of 81.25 USD for the CMS Energy stock (median: 81.00 USD), implying +23.9 % versus the latest price. The consensus is based on 21 analyst ratings.

21 analysts currently rate the CMS Energy stock: 12 recommend buying, 9 holding and 0 selling. For 2026, analysts expect CMS Energy to generate revenue of 9.00 B USD and earnings per share of 3.88 USD.

Converted at the current exchange rate, the CMS Energy share trades at 56.93 EUR (65.34 USD).

The CMS Energy share (CMS) is listed on 8 stock exchanges, including: NYSE (CMSD), London (0HR4.L), SIX (Zürich) (CSG.SW), XETRA (CSG.DE), Frankfurt (CSG.F), München (CSG.MU), Düsseldorf (CSG.DU).

CMS Energy Corp is a US energy supplier headquartered in Jackson, Michigan. The company was founded in 1987 and is now a leading provider of energy and energy management solutions in the United States. The company's business model includes electricity, gas, and renewable energy sectors. They offer a wide range of services in electricity, including transmission, distribution, maintenance and repair of power lines and poles, and network protection and security. They also provide gas supply and distribution services, as well as services in the renewable energy sector, such as the development, construction, and operation of large-scale solar and wind energy facilities. Additionally, they offer energy management services aimed at optimizing energy consumption for households, businesses, and public institutions, including energy consultations, energy-saving advice, peak load management, and energy efficiency analyses. They also operate in the rental of power generators for emergency and normal power supply applications. Overall, CMS Energy Corp aims to provide customers with effective and reliable energy and energy management solutions. The company has also been increasing its efforts to integrate renewable energy sources into its business processes. SEO-optimized keywords for CMS Energy Corp can include energy supplier, energy management solutions, electricity, gas, renewable energy, solar PV, wind energy facilities, energy consultations, energy-saving advice, peak load management, energy efficiency analyses, and power generator rental.

The expected revenue of CMS Energy is 9.00 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of CMS Energy is 1.17 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of CMS Energy is currently 16.86. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the CMS Energy stock.

The price-to-sales ratio (P/S) of CMS Energy is currently 2.18. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the CMS Energy stock.

The Eulerpool Quality Score for CMS Energy is 4/10.

The ISIN of CMS Energy is US1258961002. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of CMS Energy is 850795. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of CMS Energy is CMS. The ticker symbol is used to trade CMS Energy shares on the stock exchange.

Over the past 12 months, CMS Energy paid a dividend of 2.17 USD . This corresponds to a dividend yield of about 3.32 %. For the coming 12 months, CMS Energy is expected to pay a dividend of 2.41 USD.

The current dividend yield of CMS Energy is 3.32 %.

CMS Energy pays a dividend, distributed in the months of November, February, May, August.

CMS Energy paid dividends every year for the past 19 years.

For the upcoming 12 months, dividends amounting to 2.41 USD are expected. This corresponds to a dividend yield of 3.68 %.

CMS Energy is assigned to the 'Utilities' sector.

In the year 2025, CMS Energy distributed 2.17 USD as dividends.

The dividends of CMS Energy are distributed in USD.

Fair ValuePRO
64.90 USD
Over-/UndervaluationPRO
Fairly valued
Sector
Industry
Multi-Utilities
Number of shares
Employees
Revenue per Employee
1.02 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Currency
USD
Initial public offering
Feb 3, 1947
ISIN
US1258961002
Cusip
125896100
Sedol
2219224
Market capitalization
19.73 B USDLarge Cap
52-Week Range
65.3479.94USD
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
2.95
P/E ratio
P/Ee 2026
16.94
P/Ee 2027
15.76
P/Ee 2028
14.62
P/Ee 2029
13.55
P/Ee 2030
12.51
P/S
P/Se
2.19
EV/EBIT
21.72
P/B Ratio
2.16
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
3.82 %
Gross Margin
60.91 %
EBIT Margin
20.22 %
Net Margin
12.54 %
EPS (Earnings Per Share)
3.56 USD
Net Debt / EBIT
10.29
Debt/Equity
2.07
Dividend
Dividend yield
3.31 %
Est. Dividend Yield
3.48 %
Payout Ratio
60.90 %
Dividend growth Ø5Y
4.52 %
Dividend payments per year
4
Dividend paid since
19 years
Dividend not reduced since
5 years
Dividend increased since
5 years
Dividend withholding tax
30.00 %
Last updated Sep 21, 2026, 5:11 AM

CMS Energy Ticker

DÜSSELDORF · CSG.DUFRANKFURT · CSG.FLONDON · 0HR4.LLONDON STOCK EXCHANGE · 0HR4.LMUNICH · CSG.MUNEW YORK · CMSDSIX · CSG.SWXETRA · CSG.DE

CMS Energy FIGI

CMS:US · BBG000BFVXX0CMS:UA · BBG000BFVY59CMS:UC · BBG000BFVYK2CMS:UN · BBG000BFVZB9CMS:UP · BBG000BFVZN6CMS:UB · BBG000BFW0M3CMS:UT · BBG000BFW0T6CMS:UM · BBG000BFW123CMS:UX · BBG000BFW1R6CMS:UD · BBG000BFW4P2CMS:UF · BBG000BFW6J4CMS:VY · BBG000BFW828