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CMS ENERGY CORP

CMSNYSE
πŸ† #578 by market capEarnings Oct 22 Β· PreUS Equity
$63.42β–² $0.83 (+1.31%)
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24hβ–² 1.3%
7dβ–Ό 1.3%
14dβ–Ό 3.8%
30dβ–Ό 7.0%
ytdβ–Ό 9.3%
1yβ–Ό 12.9%
🏦Market Cap
$19.89B
Mid Cap
πŸ“ˆRevenue Growth (YoY)
+13.6%
Healthy
πŸ“ŠGross Margin
69.7%
High
πŸ’΅FCF Margin
-21.7%
Thin
βš–οΈP/S Ratio
2.2x
Cheap
Otter Score
72
Fair

Trading Snapshot

Day Range
$63.08 – $63.72
52-Week Range
$62.38 – $80.36
Volume
$1.95B
Avg Volume
$1.57B
Shares Outstanding
313.6M
Next Earnings
Dec 12, 2026

Fundamentals Snapshot

Annual Revenue
$8.54B
Last Q Revenue
$1.83B
P/E Ratio
18.6
P/S Ratio
2.2x
EPS (TTM)
$3.41
Dividend Yield
3.58%
Dilution (1yr)
+0.6%

Why Investors Own CMS

  • βœ“High-growth profile β€” revenue up +13.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 39% gross margin and 25% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

CMS logo

CMS ENERGY CORP

CMS
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$8.5Bβ–² +13.6% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
60.9%β–² +42.6% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$1.7Bβ–² +16.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
βˆ’$1.6Bβ–² +145.2% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
300.6Mβ–² +0.6% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$18.3Bβ–Ό βˆ’$1.8B YoY
StockOtter Β· stockotter.space

About CMS ENERGY CORP

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 of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 82,854 miles of electric distribution overhead lines; 10,027 miles of underground distribution lines; and 1,102 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,337 miles of transmission lines; 14 gas storage fields; 28,433 miles of distribution mains; and 8 compressor stations. The NorthStar Clean Energy segment is involved in the independent power production and marketing, including the development and operation of renewable generation. The company serves 1.9 million electric and 1.8 million gas customers, including residential, commercial, and diversified industrial customers. The company was incorporated in 1987 and is headquartered in Jackson, Michigan.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
72/100

Analyst Ratings

β“˜
Consensus
Buy
21 analysts
Strong Buy3
Buy9
Hold9
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

Seeking AlphaΒ·6d ago

Labcorp: The CMS Selloff Represents An Excellent Opportunity - Strong Buy

Labcorp shares dropped sharply after CMS released preliminary 2027 lab-payment rates, aligning Medicare rates closer to private insurers and targeting $1B annual savings. I see the selloff as overdone, with market fears

Defense WorldΒ·6d ago

CMS Energy (NYSE:CMS) Sets New 52-Week Low – Here’s Why

CMS Energy Corporation (NYSE: CMS - Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as $64.19 and last traded at $64.2480, with a volume of 4446236 shares changing hands. The

Defense WorldΒ·12d ago

CMS Energy (NYSE:CMS) Hits New 52-Week Low – What’s Next?

Shares of CMS Energy Corporation (NYSE: CMS - Get Free Report) reached a new 52-week low during trading on Thursday. The stock traded as low as $65.67 and last traded at $65.9950, with a volume of 2050103 shares. The sto

Defense WorldΒ·12d ago

CMS Energy Corporation $CMS Shares Sold by Corient Private Wealth LP

Corient Private Wealth LP reduced its stake in CMS Energy Corporation (NYSE: CMS) by 5.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 147,623 sha

Seeking AlphaΒ·21d ago

CMS Energy: Snatch Up This Future Dividend Aristocrat Now

CMS Energy remains positioned to become a Dividend Aristocrat early next decade. The regulated utility topped the analyst consensus for both operating revenue and adjusted EPS in the second quarter. CMS Energy possesses

Defense WorldΒ·21d ago

Nykredit A S Buys New Position in CMS Energy Corporation $CMS

Nykredit A S bought a new stake in CMS Energy Corporation (NYSE: CMS) in the undefined quarter, according to its most recent disclosure with the SEC. The fund bought 17,941 shares of the utilities provider's stock, value