CMS Energy Corporation (CMS)

NYSE: CMS · Real-Time Price · USD
74.70
+0.55 (0.74%)
At close: Jul 24, 2026, 4:00 PM EDT
74.19
-0.51 (-0.68%)
After-hours: Jul 24, 2026, 7:55 PM EDT
Market Cap23.08B +5.8%
Revenue (ttm)8.82B +13.3%
Net Income1.10B +8.5%
EPS3.62 +7.2%
Shares Out 308.92M
PE Ratio20.61
Forward PE19.08
Dividend$2.28 (3.05%)
Ex-Dividend DateAug 7, 2026
Volume4,168,770
Open74.52
Previous Close74.15
Day's Range74.37 - 75.45
52-Week Range68.64 - 80.36
Beta0.34
AnalystsBuy
Price Target80.46 (+7.71%)
Earnings DateJul 28, 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]

Sector Utilities
Founded 1987
Employees 8,350
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 16 analysts, the average rating for CMS stock is "Buy." The 12-month stock price target is $80.46, which is an increase of 7.71% from the latest price.

Price Target
$80.46
(7.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CMS Energy downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc downgraded CMS Energy (CMS) to Sector Weight from Overweight without a price target The firm cites Michigan’s poor showing in its risk map and the company’s elections overhang for…

3 days ago - TheFly

CMS Energy price target raised to $80 from $77 at Morgan Stanley

Morgan Stanley raised the firm’s price target on CMS Energy (CMS) to $80 from $77 and keeps an Equal Weight rating on the shares. The firm updated its price targets…

3 days ago - TheFly

CMS Energy price target lowered to $82 from $86 at BMO Capital

BMO Capital lowered the firm’s price target on CMS Energy (CMS) to $82 from $86 and keeps an Outperform rating on the shares as part of a broader research note…

3 days ago - TheFly

CMS Energy (CMS) Reveals a Quarterly Dividend and Gets a Price Target Boost

CMS Energy stock was down despite a quarterly dividend release and price target increase.

5 days ago - TipRanks

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

JACKSON, Mich., July 20, 2026 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.

5 days ago - PRNewsWire

CMS Energy price target raised to $86 from $81 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on CMS Energy (CMS) to $86 from $81 and keeps an Outperform rating on the shares ahead of its Q2…

6 days ago - TheFly

CMS Energy price target raised to $85 from $82 at JPMorgan

JPMorgan raised the firm’s price target on CMS Energy (CMS) to $85 from $82 and keeps an Overweight rating on the shares. The firm adjusted targets in the utilities group…

10 days ago - TheFly

CMS Energy price target raised to $81 from $79 at Barclays

Barclays raised the firm’s price target on CMS Energy (CMS) to $81 from $79 and keeps an Overweight rating on the shares. The firm adjusted the price target ahead of…

12 days ago - TheFly

US power companies scramble to secure equipment as surging data center demand strains supplies

Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and sp...

Other symbols: AEEAEPATOAWKCNPDDTE
17 days ago - Reuters

CMS Energy to Announce 2026 Second Quarter Results on July 28

JACKSON, Mich., July 7, 2026 /PRNewswire/ -- CMS Energy announced today it will provide 2026 second quarter results along with a business and financial outlook at 10:00 a.m.

18 days ago - PRNewsWire

CMS Energy Announces Chris Shellberg as Vice President of Low-Voltage Electric Distribution

JACKSON, Mich., June 24, 2026 /PRNewswire/ -- CMS Energy announced today that Chris Shellberg has been named vice president of low-voltage electric distribution, effective July 1.

4 weeks ago - PRNewsWire

Tria Federal Appoints Former CMS and IRS CIO Rajiv Uppal to Advisory Board

ARLINGTON, Va., June 23, 2026 (GLOBE NEWSWIRE) -- Tria Federal today announced the appointment of Rajiv Uppal, former Chief Information Officer of the Centers for Medicare & Medicaid Services (CMS) an...

4 weeks ago - GlobeNewsWire

CMS: Class 1 Innovative Drug Silevimig Injection Approved in China, Becoming the World's First Bispecific Antibody for Passive Immunization Against Rabies

SHENZHEN, CHINA, June 22, 2026 (GLOBE NEWSWIRE) -- China Medical System Holdings Limited (867.HK/8A8.SG) (“CMS”, or the “Group”) is pleased to announce that, the New Drug Application for Silevimig Inj...

4 weeks ago - GlobeNewsWire

CMS Energy Slides: Investor presentation

CMS Energy has posted slides in relation to its latest quarterly earnings report, which was published on June 22, 2026.

4 weeks ago - Filings

Goundafa Historic Mine Site Spring Work Program Completed

June 15 th , 2026 – TheNewswire - Muskoka Ontario – Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”), is pleased to update shareholders on the historic polymetallic Copper...

Other symbols: SCM
5 weeks ago - TheNewswire

Now Is a Good Time to Buy Into America's Mega Utility Merger

The largest U.S. utility is about to buy Dominion Energy, a big peer with data-center exposure. What's not to like?

Other symbols: AEEAEPCNPDDUKEDEIX
6 weeks ago - WSJ

CMS Energy price target lowered to $81 from $82 at BMO Capital

BMO Capital analyst James Thalacker lowered the firm’s price target on CMS Energy (CMS) to $81 from $82 and keeps an Outperform rating on the shares. The firm adjusted its…

7 weeks ago - TheFly

CMS Energy downgraded to Hold from Buy at Jefferies

Jefferies analyst Julien Dumoulin-Smith downgraded CMS Energy (CMS) to Hold from Buy with a price target of $74, down from $88. The firm cites the company’s CFO change for the…

7 weeks ago - TheFly

CMS Energy appoints Sri Maddipati as CFO

CMS Energy (CMS) announced Sri Maddipati, currently Consumers Energy’s SVP and president of electric supply, will be named CMS Energy and Consumers Energy EVP and CFO. Sri will oversee Investor…

7 weeks ago - TheFly

CMS Energy Announces Sri Maddipati as Chief Financial Officer, Chris Fultz as President of Electric Supply

JACKSON, Mich., June 3, 2026 /PRNewswire/ -- CMS Energy announced today, Sri Maddipati, currently Consumers Energy's senior vice president and president of electric supply, will be named CMS Energy an...

7 weeks ago - PRNewsWire

CMS Energy price target lowered to $77 from $81 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on CMS Energy (CMS) to $77 from $81 and keeps an Equal Weight rating on the shares. The firm updated its price targets…

2 months ago - TheFly

CMS Energy price target lowered to $83 from $86 at Truist

Truist lowered the firm’s price target on CMS Energy (CMS) to $83 from $86 and keeps a Buy rating on the shares as part of a broader research note updating…

2 months ago - TheFly

CMS Energy price target lowered to $82 from $86 at JPMorgan

JPMorgan lowered the firm’s price target on CMS Energy (CMS) to $82 from $86 and keeps an Overweight rating on the shares.

2 months ago - TheFly

CMS Energy price target lowered to $82 from $85 at BMO Capital

BMO Capital lowered the firm’s price target on CMS Energy (CMS) to $82 from $85 and keeps an Outperform rating on the shares after meeting with its management team. The…

2 months ago - TheFly

CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

JACKSON, Mich., May 8, 2026 /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