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CMS · CMS Energy Corporation

Utilities NYQ United States cmsenergy.com ↗
Val — — Gro — — Qua — — Mom — — Sta — — Cap— P/S2.38 P/E— Fwd P/E16.46 PEG2.49 52W— – — RSI— Target$73.85 (+8.2%) BetaN/A Div0.79%
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Utilities - Regulated Electric Jackson, United States 8,350 employees
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 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 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.
Signal
Trend Strength
Price Levels
52-Week Range
52W Low — 52W High
Position in Range —
RSI (14)
0 · Oversold RSI 55 Overbought · 100
Signal Neutral
EMA Price Levels
Activity & Patterns
Volume Analysis
Momentum Dashboard
Detected Patterns
3Bullish
3Bearish
0Neutral

Momentum Signals 6

▲ MACD Bullish Crossover 2026-08-17 · $71.4
▲ MACD Bullish Crossover 2026-09-03 · $68.59
▲ MACD Bullish Crossover 2026-10-02 · $63.74
▼ MACD Bearish Crossover 2026-07-09 · $74.4

No major reversal patterns in the last 4 months — showing momentum signals only.

View overlays on the price chart via Overview tab → Pattern Overlays.

Next Earnings Feb 04, 2027
Beat Rate 100%
Consensus BUY
Analyst Upside +8.2%
EPS — History & Forecast
Estimate Beat Miss Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
100% 8/8 quarters
Wall Street Consensus
BUY
7
9
BuyHoldSell
Price Target Range
$73.85 +8.2% upside
Low $68 — High $78
Consensus Current price
Wall Street Analyst Ratings
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Firm Rating Change Action Date
Profitability
Gross Margin 34.04%Last 12 Months
Operating Margin 2.15%Last 12 Months
Return on Equity 5.31%Last 12 Months
Revenue Growth 8.00%Year over Year
Free Cash Flow -2.27BLast 12 Months
Free Cash Flow Yield —Last 12 Months
Balance Sheet
Debt / Equity 196.28Most Recent Quarter
Current Ratio 1.50Most Recent Quarter
Cash 451.00MMost Recent Quarter
Total Debt 20.21BMost Recent Quarter
Net Debt —Most Recent Quarter
How CMS Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap21.39B
Enterprise Value41.45B
Trailing P/E24.62
Forward P/E16.46
PEG Ratio (5yr)2.49
Price/Sales (ttm)2.38
Price/Book (mrq)2.25
EV/Revenue4.62
EV/EBITDA16.66
Share Statistics
Avg Vol (3m)3.83M
Shares Outstanding313.63M
Float304.36M
% Held by Insiders0.55%
% Held by Institutions104.43%
Short Ratio0.02
Short % of Float0.03%
Profitability
Gross Margin34.04%
Operating Margin (ttm)2.15%
Profit Margin9.72%
Return on Assets (ttm)2.23%
Return on Equity (ttm)5.31%
Income Statement
Revenue (ttm)8.97B
Revenue Growth (yoy)8.00%
Gross Profit (ttm)3.06B
EBITDA2.49B
Net Income (ttm)862.00M
Diluted EPS (ttm)2.77
EPS Growth (yoy)-57.50%
Balance Sheet
Total Cash (mrq)451.00M
Total Debt (mrq)20.21B
Debt / Equity (mrq)196.28
Current Ratio (mrq)1.50
Book Value / Share30.30
Operating CF (ttm)2.28B
Free Cash Flow (ttm)-2.27B
Trading & Dividends
Beta (5Y)N/A
50-Day MA66.79
200-Day MA72.58
Fwd Dividend Yield3.30%
Payout Ratio80.45%
Income
Dividend Yield 0.79%Last 12 Months
Annual Rate 2.28Forward
Payout Ratio 80.45%Last 12 Months
Dividend History
Payout Ratio (Last 12 Months): 80.45%
Monthly Dividends
Ownership Breakdown
Institutional 104.43% Insider 0.55%
Short Interest 0.03% of float
Low
Institutional 13F Holdings

Famous investors who disclosed a position in CMS in their latest SEC 13F filing.

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Insider Transactions
Open-market buys & sells · one dot per day, sized by $ · follows the filters below
Date Insider Role Transaction Shares Price Value