CMS Energy Corporation (CMS)

NYSE: CMS · Real-Time Price · USD
78.81
+1.71 (2.22%)
At close: Jun 26, 2026, 4:00 PM EDT
78.81
0.00 (0.00%)
After-hours: Jun 26, 2026, 5:24 PM EDT
Market Cap24.35B +16.0%
Revenue (ttm)8.82B +13.3%
Net Income1.10B +8.5%
EPS3.62 +7.2%
Shares Out 308.92M
PE Ratio21.74
Forward PE19.90
Dividend$2.28 (2.96%)
Ex-Dividend DateMay 8, 2026
Volume2,264,222
Open77.73
Previous Close77.10
Day's Range77.30 - 78.87
52-Week Range68.46 - 80.36
Beta0.35
AnalystsBuy
Price Target79.79 (+1.24%)
Earnings DateJul 30, 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 $79.79, which is an increase of 1.24% from the latest price.

Price Target
$79.79
(1.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

2 days 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...

3 days 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 days 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 days 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
11 days 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
16 days 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…

22 days 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…

22 days 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…

23 days 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...

23 days 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…

5 weeks 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…

5 weeks 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.

6 weeks 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…

6 weeks 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.

7 weeks ago - PRNewsWire

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

JACKSON, Mich., May 8, 2026 /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.

7 weeks ago - PRNewsWire

CMS Energy Transcript: AGM 2026

The meeting covered director elections, executive compensation, auditor ratification, and amendments to articles, with all management proposals approved. A shareholder proposal for written consent was discussed but did not pass. Final voting results will be filed with the SEC.

7 weeks ago - Transcripts

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

Barclays lowered the firm’s price target on CMS Energy (CMS) to $79 from $81 and keeps an Overweight rating on the shares. The firm views the company’s Q1 report as…

2 months ago - TheFly

CMS Energy Earnings Call Transcript: Q1 2026

Adjusted EPS for Q1 2026 was $1.13, with full-year guidance reaffirmed at $3.83-$3.90 and strong confidence in the high end. Regulatory outcomes, robust load growth, and a diverse pipeline—including data centers—support a durable growth outlook.

2 months ago - Transcripts

CMS Energy Slides: Q1 2026

CMS Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.

2 months ago - Filings

CMS Energy Earnings release: Q1 2026

CMS Energy released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.

2 months ago - Filings

CMS Energy Quarterly report: Q1 2026

CMS Energy has published its Q1 2026 quarterly earnings report on April 28, 2026.

2 months ago - Filings

CMS Energy beats profit estimates, boosts capital expenditure plan amid rising power demand

U.S. electric and gas utility CMS Energy on Tuesday beat Wall Street ​estimates for first-quarter profit and raised its ‌capital expenditure plan on the back of rising power demand.

2 months ago - Reuters

CMS Energy reports Q1 adjusted EPS $1.13, consensus $1.10

Reports Q1 revenue $2.73B, consensus $2.51B. “Strong execution in the first quarter has positioned us well for the year ahead,” said Garrick Rochow, president and CEO of CMS Energy (CMS)…

2 months ago - TheFly

CMS Energy backs FY26 adjusted EPS view $3.83-$3.90, consensus $3.88

The company said, “CMS Energy (CMS) reaffirmed its 2026 adjusted earnings guidance of $3.83 to $3.90 per share and long-term adjusted EPS growth of 6 to 8 percent, with continued…

2 months ago - TheFly