CMS Energy Corporation (CMS)

NYSE: CMS · Real-Time Price · USD
72.86
+1.26 (1.76%)
At close: Feb 5, 2026, 4:00 PM EST
73.50
+0.64 (0.88%)
After-hours: Feb 5, 2026, 7:36 PM EST
1.76%
Market Cap22.17B +11.4%
Revenue (ttm)8.54B +13.6%
Net Income1.06B +6.8%
EPS3.52 +6.0%
Shares Out 304.32M
PE Ratio20.64
Forward PE18.85
Dividend$2.28 (3.13%)
Ex-Dividend DateNov 7, 2025
Volume5,332,891
Open72.57
Previous Close71.60
Day's Range71.52 - 74.17
52-Week Range66.38 - 76.45
Beta0.48
AnalystsBuy
Price Target77.75 (+6.71%)
Earnings DateFeb 5, 2026

About CMS

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 ... [Read more]

Sector Utilities
Founded 1987
Employees 8,324
Stock Exchange NYSE
Ticker Symbol CMS
Full Company Profile

Financial Performance

In 2025, CMS Energy's revenue was $8.54 billion, an increase of 13.63% compared to the previous year's $7.52 billion. Earnings were $1.06 billion, an increase of 6.85%.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for CMS stock is "Buy." The 12-month stock price target is $77.75, which is an increase of 6.71% from the latest price.

Price Target
$77.75
(6.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CMS Energy Corporation (CMS) Q4 2025 Earnings Call Transcript

CMS Energy Corporation (CMS) Q4 2025 Earnings Call Transcript

Other symbols: CMSA
6 hours ago - Seeking Alpha

CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock to 57 Cents Per Share

JACKSON, Mich., Feb. 5, 2026 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 57 cents per share, up from 54.25 cents per sh...

17 hours ago - PRNewsWire

CMS Energy raises 2026 profit forecast on strong power demand, raises dividend

U.S. utility CMS Energy on Thursday raised its current-year profit forecast on the back of soaring power demand, led by growing residential, commercial and data center growth.

17 hours ago - Reuters

CMS Energy Exceeds Earnings Guidance in 2025, Raises 2026 Adjusted EPS Guidance

JACKSON, Mich., Feb. 5, 2026 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $3.53 for 2025, compared to $3.33 per share for 2024.

18 hours ago - PRNewsWire

CMS Energy: Let This Utility Light Up Your Portfolio With Gains

CMS Energy is reiterated as a "Buy," trading at a 10% discount to a $77 fair value with robust growth prospects. CMS's $20 billion five-year capex plan, likely to be raised, underpins 6%–8% annual adj...

10 days ago - Seeking Alpha

CMS Energy to Announce Year-End Results on February 5

JACKSON, Mich., Jan. 15, 2026 /PRNewswire/ -- CMS Energy announced today it will provide 2025 year-end results along with a business and financial outlook at 10:00 a.m.

21 days ago - PRNewsWire

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

JACKSON, Mich. , Nov. 14, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation.

2 months ago - PRNewsWire

Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock

JACKSON, Mich. , Nov. 14, 2025 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the utility's preferred stock.

2 months ago - PRNewsWire

CMS Energy Prices Upsized Offering of $850 Million of 3.125% Convertible Senior Notes Due 2031

JACKSON, Mich. , Nov. 4, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced the pricing of its offering of $850 million aggregate principal amount of its 3.125% convertib...

3 months ago - PRNewsWire

CMS Energy Announces Proposed Offering of $750 million of Convertible Senior Notes Due 2031

JACKSON, Mich. , Nov. 3, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today that it intends to offer, subject to market and other conditions, $750 million aggregate...

3 months ago - PRNewsWire

CMS Energy Corporation (CMS) Q3 2025 Earnings Call Transcript

CMS Energy Corporation ( CMS) Q3 2025 Earnings Call October 30, 2025 9:30 AM EDT Company Participants Jason Shore - Treasurer & VP of Investor Relations Garrick Rochow - President, CEO & Director Rej...

Other symbols: CMSA
3 months ago - Seeking Alpha

CMS Energy Announces Strong Third Quarter Results, Raises 2025 Adjusted EPS, Initiates 2026 Guidance

JACKSON, Mich. , Oct. 30, 2025 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.92 for the third quarter of 2025, compared to $0.84 per share for 2024.

3 months ago - PRNewsWire

Consumers Energy Foundation Announces $500,000 for Community Projects in Northern Michigan

JACKSON, Mich. , Oct. 29, 2025 /PRNewswire/ -- The Consumers Energy Foundation announced its 2025 Prosperity Award Winners, with recipients in Curtis Township, Lincoln Township and the Village of Vand...

3 months ago - PRNewsWire

CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock

JACKSON, Mich. , Oct. 20, 2025 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.

3 months ago - PRNewsWire

CMS Energy to Announce 2025 Third Quarter Results on October 30

JACKSON, Mich. , Oct. 14, 2025 /PRNewswire/ -- CMS Energy announced today it will provide 2025 third quarter results along with a business and financial outlook at 9:30 a.m.

4 months ago - PRNewsWire

Consumers Energy Announces Leadership Changes in Electric and Gas Distribution

JACKSON, Mich. , Sept. 25, 2025 /PRNewswire/ -- Consumers Energy today announced leadership changes to strengthen reliability and service for Michigan customers.

4 months ago - PRNewsWire

The Preferred Dividend Of CMS Energy Has Become Less Attractive

CMS Energy Corporation's preferred stock, CMS.PR.C, offers a 5.5% yield. CMS's preferred dividend is secure thanks to consistent earnings, robust capital investment, and a healthy balance sheet, despi...

5 months ago - Seeking Alpha

CMS Energy Corporation (CMS) Q2 2025 Earnings Call Transcript

CMS Energy Corporation (NYSE:CMS) Q2 2025 Earnings Conference Call July 31, 2025 9:30 AM ET Company Participants Garrick J. Rochow - President, CEO & Director Jason M.

Other symbols: CMSA
6 months ago - Seeking Alpha

CMS Energy Announces Strong Second Quarter Results, Reaffirms 2025 Adjusted EPS Guidance

JACKSON, Mich. , July 31, 2025 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.66 for the second quarter of 2025, compared to $0.65 per share for 2024.

6 months ago - PRNewsWire

CMS Energy to Announce 2025 Second Quarter Results on July 31

JACKSON, Mich. , July 10, 2025 /PRNewswire/ -- CMS Energy announced today it will provide 2025 second quarter results along with a business and financial outlook at 9:30 a.m.

7 months ago - PRNewsWire

Don't Be Too Cute, Buy These 3 Dividend Growers Instead

We avoid very high-yielding stocks, as the best way to grow richer over time is to own a diversified basket of dividend growth stocks. Today, we're highlighting a leading alternative asset manager, a ...

Other symbols: BAMLMAT
7 months ago - Seeking Alpha

CMS Energy Announces the Pricing Terms of its Cash Tender Offer for Certain Outstanding Debt Securities

JACKSON, Mich. , June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the pricing terms of the outstanding bonds listed in the table below (the "Bonds") purs...

8 months ago - PRNewsWire

CMS Energy Announces the Early Results and Upsizing of its Cash Tender Offer for Certain Outstanding Debt Securities

JACKSON, Mich. , June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the early results and upsizing of the previously announced cash tender offer (the "Tend...

8 months ago - PRNewsWire

CMS Energy announces cash tender offers for up to $125 million of outstanding debt securities issued by Consumers Energy

JACKSON, Mich. , June 4, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the commencement of a cash tender offer (the "Tender Offer") for up to $125 million aggr...

8 months ago - PRNewsWire

CMS Energy Announces New Organizational Structure to Support its Long-Term Company Strategy

JACKSON, Mich. , May 15, 2025 /PRNewswire/ -- CMS Energy announced today a new corporate organizational structure to support the company's operational transformation and long-term company strategy.

9 months ago - PRNewsWire