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CMS Energy Corporation Stock Price

NYSE:CMS Community·US$22.3b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 10 Fair Values set on narratives written by author

CMS Share Price Performance

US$70.91
1.25 (1.79%)
US$79.79
Fair Value
US$70.91
1.25 (1.79%)
11.1% undervalued intrinsic discount
US$79.79
Fair Value
Price US$70.91
AnalystConsensusTarget US$79.79

CMS Community Narratives

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Fair Value US$79.79 11.1% undervalued intrinsic discount

CMS: Favorable Michigan Load Growth And Regulatory Backdrop Will Support Steady Utility Returns

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Trending Discussion

Updated Narratives

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CMS: Michigan Regulation And Data Center Load Will Shape Future Execution Risks

Fair Value: US$79.79 11.1% undervalued intrinsic discount
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Snowflake Analysis

Average dividend payer with acceptable track record.

2 Risks
3 Rewards

CMS Energy Corporation Key Details

US$8.8b

Revenue

US$5.2b

Cost of Revenue

US$3.6b

Gross Profit

US$2.5b

Other Expenses

US$1.1b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
3.55
40.55%
12.43%
187.2%
View Full Analysis

About CMS

Founded
1987
Employees
8350
CEO
Garrick Rochow
WebsiteView website
www.cmsenergy.com

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.

Recent CMS News & Updates

Seeking Alpha 11h

CMS Energy: An Undervalued Energy Holding Company For Long-Term Dividend Growth Investors

Summary CMS Energy is an American energy holding company. Founded in 1886, CMS is now a $22 billion (by market cap) energy player employing more than 8,000 people. CMS has increased its dividend for 20 consecutive years. Its 10-year dividend growth rate of 6.5% is very solid for a power utility. CMS has a fairly standard financial position for a power utility. Its long-term debt/equity ratio is 1.8, while the interest coverage ratio is over 2. The P/E ratio has compressed to 19.5. That compares favorably to its own five-year average of 21.8. Read the full article on Seeking Alpha
Narrative Update Jun 07

CMS: Michigan Regulation And Data Center Load Will Shape Future Execution Risks

Analysts have trimmed the CMS Energy price target by $1.86 to $79.79 as they factor in updated regulatory filings, a lower assumed future P/E multiple, and refreshed views on growth, margins, and data center related risks. Analyst Commentary Recent research on CMS Energy reflects a mix of confidence in the company’s long term growth profile and caution around execution risks, valuation assumptions, and emerging sector level pressures such as data center related load and pushback.

Recent updates

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