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USUtilities

CMS Energy Corporation (CMS)

US · Utilities · Utilities - Regulated Electric

$66.20+0.32%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.83B
Revenue YoY
-0.5%
Net profit
$120.0M
Profit YoY
-40.3%
EPS
$0.37
EPS estimate
$0.37
Net margin
6.6%

EPS came in at 0.37 against a street estimate of 0.37 — a beat of 0.0%.

Key statistics

Market cap
$21.06B
P/E
20.2
Forward P/E
16.2
P/B
2.20
Book value
$30.45
EPS (TTM)
$3.32
Dividend yield
3.29%
52-week high
$79.10
52-week low
$67.00
50-day MA
$71.61
200-day MA
$73.42
Beta
0.33

Analyst view

Analysts rate CMS Energy Corporation a buy (10 buy, 8 hold, 1 sell out of 19) with an average price target of $79.17.

From the latest earnings call · 2026-07-28

CONFIDENT CMS exiting non-utility renewables to simplify operations and focus on regulated utility growth. Reaffirming 2026 EPS guidance $3.83–$3.90; introducing 2027 guidance $4.08–$4.17, maintaining 6–8% long-term growth. Michigan data center agreements and manufacturing load momentum driving utility expansion. Q2 2026 Michigan economy driving data center and large industrial load growth; nearly 100% of post-2027 earnings from regulated utility within state. Analysts probed NorthStar rationale, data center contract durability, and capex opportunity inclusion. Management emphasized capital efficiency, tariff geographic flexibility, and balance sheet strengthening enabling future optionality without equity dilution. 2026-07-28…

Full summary in the app.

Shareholding

Insiders
0.55%
Institutions
103.67%

Largest institutional holders

FundStake
BlackRock Inc10.70%
Vanguard Capital Management, LLC6.34%
Vanguard Portfolio Management, LLC5.99%
State Street Corp5.77%
JPMorgan Chase & Co5.05%
Wellington Management Company LLP3.88%
Geode Capital Management, LLC2.72%
DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main2.59%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
CMS ENERGY CORPORATION – Q2 2026 FORM 10-Q SUMMARY HEADLINE NUMBERS • Shares Outstanding (as of July 13, 2026): CMS Energy Corporation – 313,577,136
2026-07-28
Results announced · Q3 2026
CMS ENERGY Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Q2 2026 reported EPS: $0.37 vs. $0.66 in Q2 2025 (down 44%) • Q2 2026 adjusted EPS: $0.37 vs.
2026-07-28
Board / officer change · Q2 2026
CMS ENERGY CORPORATION - FORM 8-K SUMMARY Filed June 3, 2026 --- HEADLINE NUMBERS • New CFO Base Salary: $775,000 annually • Restricted Stock Award
2026-06-03
Company announcement · Q2 2026
CMS ENERGY CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Equity offering program: up to $3,000,000,000 in common stock authorized to be offered
2026-05-13
Charter / bylaws change · Q2 2026
CMS ENERGY CORPORATION - FORM 8-K SUMMARY BUSINESS & SEGMENT HIGHLIGHTS • CMS Energy Corporation and subsidiary Consumers Energy Company held their
2026-05-13
Quarterly report · Q1 2026
CMS ENERGY CORPORATION - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Company Structure: CMS Energy Corporation (parent holding company) owns Consumers E
2026-04-28
Proxy statement · Q2 2026
CMS ENERGY CORPORATION PROXY STATEMENT SUMMARY CEO COMPENSATION • CEO Total Compensation 2025: $9,500,000 (Garrick J. Rochow, President and CEO sinc
2026-03-26
Annual report FY2025
CMS ENERGY CORPORATION & CONSUMERS ENERGY COMPANY Form 10-K Summary for Fiscal Year Ended December 31, 2025 --- HEADLINE NUMBERS • Market capitaliz
2026-02-10

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.57 / share
ex-date Aug 7, 2026 · pay Sep 1, 2026
2026-08-07
Dividend$0.57 / share
ex-date May 8, 2026 · pay May 29, 2026
2026-05-08
Dividend$0.57 / share
ex-date Feb 17, 2026 · pay Feb 27, 2026
2026-02-17
Dividend$0.54 / share
ex-date Nov 7, 2025 · pay Nov 26, 2025
2025-11-07

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Data updated 2026-09-18.