CMS Energy Corporation (CMS)
| Market Cap | 22.19B +2.6% |
| Revenue (ttm) | 8.98B +8.2% |
| Net Income | 862.00M -16.7% |
| EPS | 2.79 -19.5% |
| Shares Out | 313.63M |
| PE Ratio | 25.34 |
| Forward PE | 17.48 |
| Dividend | $2.28 (3.22%) |
| Ex-Dividend Date | Nov 6, 2026 |
| Volume | 3,197,743 |
| Open | 69.95 |
| Previous Close | 70.10 |
| Day's Range | 69.52 - 70.99 |
| 52-Week Range | 62.29 - 80.36 |
| Beta | 0.31 |
| Analysts | Buy |
| Price Target | 73.85 (+4.37%) |
| Earnings Date | Oct 27, 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 263 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,619 miles ... [Read more]
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 StatementsAnalyst Summary
According to 16 analysts, the average rating for CMS stock is "Buy." The 12-month stock price target is $73.85, which is an increase of 4.37% from the latest price.
News
COPE Health Solutions Named Finalist in CMS QualTech for Super Intelligence (SI) Solution to Expand Medicare Annual Wellness Visits
LOS ANGELES--(BUSINESS WIRE)-- #healthcareinnovation--COPE Health Solutions announced it has been selected as a finalist for QualTech, an industry event sponsored by the Centers for Medicare & Medicai...
CMS Energy price target lowered to $73 from $77 at Mizuho
Mizuho lowered the firm’s price target on CMS Energy (CMS) to $73 from $77 and keeps a Neutral rating on the shares.
CMS Energy Earnings Call Transcript: Q3 2026
YTD adjusted EPS was $2.95, up $0.29 YoY, and 2026-27 guidance was reaffirmed. NorthStar restructuring is on track, while the IRP outlines roughly $27 billion of resource investment and load growth continues.
CMS Energy Slides: Q3 2026
CMS Energy has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 27, 2026.
CMS Energy Earnings release: Q3 2026
CMS Energy released its Q3 2026 earnings on October 27, 2026, summarizing the period's financial results.
CMS Energy Quarterly report: Q3 2026
CMS Energy has published its Q3 2026 quarterly earnings report on October 27, 2026.
CMS Energy reports Q3 adjusted EPS $1.44, consensus $1.35
Reports Q3 revenue $2.18B, consensus $2.18B. “I’m pleased with the progress in the restructuring of NorthStar Clean Energy,” said Garrick Rochow, President and CEO of CMS Energy (CMS) and Consumers…
CMS Energy Announces Third Quarter Results, Reaffirms 2026 and 2027 Adjusted EPS Guidance
JACKSON, Mich., Oct. 27, 2026 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.39 for the third quarter of 2026, compared to $0.92 per share for 2025.
CMS Energy initiated with a Hold at HSBC
HSBC analyst Meike Becker initiated coverage of CMS Energy (CMS) with a Hold rating and $69 price target
CMS Energy price target lowered to $73 from $77 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on CMS Energy (CMS) to $73 from $77 and keeps an Equal Weight rating on the shares. The firm updated its price targets…
CMS Energy price target lowered to $78 from $86 at BofA
BofA analyst Ross Fowler lowered the firm’s price target on CMS Energy (CMS) to $78 from $86 and keeps a Buy rating on the shares ahead of Q3 earnings. Published…
CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock
JACKSON, Mich., Oct. 19, 2026 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
CMS Energy price target raised to $76 from $73 at BMO Capital
BMO Capital raised the firm’s price target on CMS Energy (CMS) to $76 from $73 and keeps an Outperform rating on the shares ahead of its Q3 results. The expected…
CMS Energy price target lowered to $72 from $81 at Barclays
Barclays lowered the firm’s price target on CMS Energy (CMS) to $72 from $81 and keeps an Overweight rating on the shares. The firm expects the company could point to…
CMS Energy price target lowered to $77 from $81 at Truist
Truist lowered the firm’s price target on CMS Energy (CMS) to $77 from $81 and keeps a Buy rating on the shares as part of a broader research note previewing…
CMS Energy to Announce 2026 Third Quarter Results on October 27
JACKSON, Mich., Oct. 6, 2026 /PRNewswire/ -- CMS Energy announced today it will provide 2026 third quarter results along with a business and financial outlook at 10:00 a.m.
CMS Energy price target lowered to $73 from $77 at BMO Capital
BMO Capital lowered the firm’s price target on CMS Energy (CMS) to $73 from $77 and keeps an Outperform rating on the shares. The MPSC Staff testimony in CMS’s pending…
CMS Energy price target lowered to $77 from $79 at Morgan Stanley
Morgan Stanley analyst David Arcaro lowered the firm’s price target on CMS Energy (CMS) to $77 from $79 and keeps an Equal Weight rating on the shares. The firm updated…
Jefferies analysts hold an analyst/industry conference call
Analysts hold a Bull/Bear Debate on CMS Energy (CMS) on an Analyst/Industry conference call to be held on September 15 at 1:30 pm. Webcast Link
CMS Energy price target lowered to $74 from $78 at Jefferies
Jefferies lowered the firm’s price target on CMS Energy (CMS) to $74 from $78 and keeps a Hold rating on the shares. CMS trades at a roughly 5% peer discount…
CMS Energy price target lowered to $77 from $82 at BMO Capital
BMO Capital analyst James Thalacker lowered the firm’s price target on CMS Energy (CMS) to $77 from $82 and keeps an Outperform rating on the shares. CMS Energy’s 20-year investment…
CMS Energy Slides: Investor presentation
CMS Energy has posted slides in relation to its latest quarterly earnings report, which was published on September 3, 2026.
CMS Energy price target lowered to $79 from $80 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on CMS Energy (CMS) to $79 from $80 and keeps an Equal Weight rating on the shares.
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