NYSE · Utilities - Regulated Electric · USD
CMS Energy Corporation (CMS) Stock Analysis
CMS Energy Corporation (CMS) is a Utilities - Regulated Electric stock listed on NYSE and quoted in US Dollar.
Price History
No price data available
Hover for the daily close. The dotted line marks the period open.
CMS Key Statistics
As of Sep 4, 2026Trading
- Open
- $68.23
- Previous Close
- $68.59
- Day's Range
- 68.23–69.14
- 52-Week Range
- 67.19–80.36
- Volume
- 3.16M
- BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
- 0.33
Valuation
- Market Cap
- $21.47B
- P/E Ratio
- 20.56
- Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
- 16.47
- PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
- 2.47
- P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
- 2.44
- EPS (ttm)Profit attributable to each share over the last twelve months.
- 3.33
Financials (FY)
- Revenue (FY)
- $8.54B+13.63%
- Net Income (FY)
- $1.07B+6.78%
- Profit marginThe share of revenue left as profit after all costs and taxes.
- 11.64%
- Shares Outstanding
- 313.58M
- 1-Year Return
- −1.32%
Dividend and dates
- Dividend
- $2.28+3.32%
- Ex-Dividend Date
- August 7, 2026
- Earnings Date
- October 29, 2026
- Avg Volume
- 3.56M
Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.
CMS Stock Return by Calendar Year
Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.
| Year | Return |
|---|---|
| 2026 (partial year) | +0.20% |
| 2025 | +8.13% |
| 2024 | +18.60% |
| 2023 | −5.21% |
| 2022 | +0.18% |
| 2021 | +9.71% |
| 2020 | −0.31% |
| 2019 | +30.04% |
| 2018 | +8.25% |
| 2017 | +17.03% |
| 2016 (partial year) | −3.71% |
As of September 4, 2026.
CMS Revenue and Earnings by Fiscal Year
FY ends December| Fiscal year | Revenue | Net income | Net margin |
|---|---|---|---|
| 2025 | $8.54B | $1.07B | 12.5% |
| 2024 | $7.52B | $1.00B | 13.3% |
| 2023 | $7.46B | $887.00M | 11.9% |
| 2022 | $8.60B | $837.00M | 9.7% |
| Fiscal year | Revenue | Gross profit | Operating income | Net income | Net margin |
|---|---|---|---|---|---|
| 2025 | $8.54B | $3.55B | $1.73B | $1.07B | 12.5% |
| 2024 | $7.52B | $3.21B | $1.49B | $1.00B | 13.3% |
| 2023 | $7.46B | $2.86B | $1.24B | $887.00M | 11.9% |
| 2022 | $8.60B | $2.76B | $1.22B | $837.00M | 9.7% |
Annual figures as reported, in the company's reporting currency. As of December 31, 2025.
CMS Dividend History
Dividends per share, 2025 · 4 payments
| Year | Dividends per share | Payments | Change |
|---|---|---|---|
| 2026* | $1.71 | 3 | — |
| 2025 | $2.17 | 4 | +5.4% |
| 2024 | $2.06 | 4 | +5.5% |
| 2023 | $1.95 | 4 | +6.1% |
| Year | Dividends per share | Payments | Change |
|---|---|---|---|
| 2026 (partial year) | $1.71 | 3 | — |
| 2025 | $2.17 | 4 | +5.4% |
| 2024 | $2.06 | 4 | +5.5% |
| 2023 | $1.95 | 4 | +6.1% |
| 2022 | $1.84 | 4 | +5.7% |
| 2021 | $1.74 | 4 | +6.6% |
| 2020 | $1.63 | 4 | +6.5% |
| 2019 | $1.53 | 4 | +7.0% |
| 2018 | $1.43 | 4 | +7.5% |
| 2017 | $1.33 | 4 | +329.7% |
| 2016 | $0.31 | 1 | — |
Most recent payment: $0.57 per share, ex-dividend August 7, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.
CMS Valuation vs Utilities - Regulated Electric Median
Median of 47 stocks| Metric | CMS | Utilities - Regulated Electric median | vs median |
|---|---|---|---|
| P/E | 20.56 | 20.56 | 0% above |
| P/S ratio | 2.44 | 2.72 | 10% below |
| Profit margin | 11.64% | 13.40% | 1.8 pts below |
Medians across 47 Utilities - Regulated Electric stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.
Recent News
Why Is CMS Energy (CMS) Down 6.9% Since Last Earnings Report?
YahooArgus Research Reiterates Buy on CMS Energy, Maintains $80 Price Target
BenzingaMorgan Stanley Maintains Equal-Weight on CMS Energy, Lowers Price Target to $79
BenzingaCMS Energy (CMS) Could Be 11% Undervalued Following Its Preferred Dividend Declaration
YahooCMS Energy: Preferred Stock Still Preferred
SeekingAlphaCMS Energy Stock: Is Wall Street Bullish or Bearish?
Yahoo
All 15 articles ↓Show fewer ↑
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
YahooConsumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
YahooTruist Securities Maintains Buy on CMS Energy, Lowers Price Target to $81
BenzingaDid CMS’s Renewables Exit and Regulated Pivot Just Shift CMS Energy's (CMS) Investment Narrative?
YahooCMS Energy (CMS) Exits Renewable Development, Is The Stock Still Cheap?
YahooCMS Energy Corporation Q2 2026 Earnings Call Summary
YahooCMS Energy plans to sell renewable assets to focus on regulated utilities
YahooCMS Energy (NYSE:CMS) Reports Mixed Q2: EPS In Line, Revenue Miss, and 2027 Guidance
ChartMillCMS Energy Announces Second Quarter Results, Strategic Decision on NorthStar Clean Energy Services, Introduces Guidance for 2027
Yahoo
News provided by third-party sources. Not financial advice.
Analysis
Data-derivedEvery figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.
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