C

    CMS Energy Corporation (CMS)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

    $68.05
    -0.16 (-0.23%)

    Market Cap: $21.34B

    Last updated: Sep 01, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(35/40)
    Avg Surprise
    +4.43%
    Streak
    26 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.14
    Range$0.98 - $1.27
    10 analysts
    EPS Revisions
    2
    0
    7d
    6
    3
    30d
    EPS Estimate Drift
    90d ago$1.06-6.6%
    60d ago$1.06-6.6%
    30d ago$1.11-2.5%
    7d ago$1.12-1.6%
    Current$1.14
    Revenue Consensus
    $2.2B
    Range$2.1B - $2.2B
    5 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.28
    Range$1.25 - $1.29
    14 analysts
    Revenue Consensus
    $2.6B
    Range$2.1B - $3.0B
    10 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.28---
    Sep 26EST
    -$1.14---
    Jun 26
    Reported Jul 28
    $0.37$0.37+0.00%Beat-47.9%
    Mar 26
    Reported Apr 28
    $1.13$1.10+2.73%Beat+10.8%
    Dec 25
    Reported Feb 5
    $0.95$0.94+1.06%Beat+9.2%
    Sep 25
    Reported Oct 30
    $0.93$0.86+8.14%Beat+10.7%
    Jun 25
    Reported Jul 31
    $0.71$0.68+4.41%Beat+7.6%
    Mar 25
    Reported Apr 24
    $1.02$1.01+0.99%Beat+5.2%
    Dec 24
    Reported Feb 6
    $0.87$0.87+0.00%Beat-17.1%
    Sep 24
    Reported Oct 31
    $0.84$0.78+7.69%Beat+37.7%
    Jun 24
    Reported Jul 25
    $0.66$0.62+6.45%Beat-12.0%
    Mar 24
    Reported Apr 25
    $0.97$0.95+2.11%Beat+38.6%
    Dec 23
    Reported Feb 1
    $1.05$1.04+0.96%Beat+75.0%
    Sep 23
    Reported Oct 26
    $0.61$0.59+3.39%Beat+8.9%
    Jun 23
    Reported Jul 27
    $0.75$0.69+8.70%Beat+41.5%
    Mar 23
    Reported Apr 27
    $0.70$0.70+0.00%Beat-41.7%
    Dec 22
    Reported Feb 2
    $0.60$0.57+5.26%Beat+27.7%
    Sep 22
    Reported Oct 27
    $0.56$0.53+5.66%Beat+3.7%
    Jun 22
    Reported Jul 28
    $0.53$0.45+17.78%Beat-3.6%
    Mar 22
    Reported May 3
    $1.20$1.12+7.14%Beat-0.8%
    Dec 21
    Reported Feb 3
    $0.47$0.46+2.17%Beat-16.1%
    Sep 21
    Reported Oct 28
    $0.54$0.54+0.00%Beat-29.9%
    Jun 21
    Reported Jul 29
    $0.55$0.45+22.22%Beat+12.2%
    Mar 21
    Reported Apr 29
    $1.21$1.14+6.14%Beat+39.1%
    Dec 20
    Reported Feb 4
    $0.56$0.55+1.82%Beat-17.6%
    Sep 20
    Reported Oct 29
    $0.77$0.71+8.45%Beat+5.5%
    Jun 20
    Reported Aug 3
    $0.49$0.43+13.95%Beat+48.5%
    Mar 20
    Reported Apr 27
    $0.87$0.80+8.75%Beat+16.0%
    Dec 19
    Reported Jan 30
    $0.68$0.69-1.45%Miss+70.0%
    Sep 19
    Reported Oct 24
    $0.73$0.68+7.35%Beat+23.7%
    Jun 19
    Reported Jul 25
    $0.33$0.37-10.81%Miss-31.2%
    Mar 19
    Reported Apr 25
    $0.75$0.78-3.85%Miss-12.8%
    Dec 18
    Reported Jan 31
    $0.40$0.41-2.44%Miss-21.6%
    Sep 18
    Reported Oct 25
    $0.59$0.58+1.72%Beat-4.8%
    Jun 18
    Reported Jul 26
    $0.48$0.41+17.07%Beat+45.5%
    Mar 18
    Reported Apr 26
    $0.86$0.81+6.17%Beat+21.1%
    Dec 17
    Reported Feb 14
    $0.51$0.51+0.00%Beat+75.9%
    Sep 17
    Reported Oct 26
    $0.62$0.56+10.71%Beat-11.4%
    Jun 17
    Reported Jul 28
    $0.33$0.39-15.38%Miss-
    Mar 17
    Reported May 1
    $0.71$0.65+9.23%Beat-
    Dec 16
    Reported Feb 2
    $0.29$0.29+0.00%Beat-
    Sep 16
    Reported Oct 27
    $0.70$0.62+12.90%Beat-

    Dividends

    Dividend Metrics

    Yield3.05%
    Annual/Share$2.08
    Payout Ratio48.50%
    Frequency4
    Pay MonthsFeb, May, Jul, Aug, Sep, Nov

    Growth

    3Y CAGR+5.65%
    5Y CAGR+5.89%
    View CMS's full dividend history

    Key Metrics

    Valuation
    P/E Ratio20.13EV/EBITDA12.33x
    Price/FCF-14.17xFCF Yield-7.06%
    Profitability
    Profit Margin11.60%Operating Margin17.20%
    ROE9.16%ROIC5.31%
    Financial Health
    Debt/Equity1.95xInterest Coverage2.35x
    Current Ratio0.94xQuick Ratio0.67x
    Trading Statistics
    Beta0.34Avg Volume3.54M
    52-Week High$79.1052-Week Low$67.06

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$69.08
    SMA 20$69.82
    SMA 50$72.52
    SMA 200$72.73
    EMA 10$68.97
    EMA 20$69.84
    EMA 50$71.38
    EMA 200$72.46

    MACD

    Line: -1.12Signal: -1.01Hist: -0.10

    ADX

    ADX: 17.3+DI: 16.3-DI: 29.9

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$71.53

    Bollinger Bands

    Upper Band$72.18
    Lower Band$67.45
    %B Position678%(Upper)
    Band Width0.13

    RSI (14-Day)

    Neutral
    34.0

    Momentum Oscillators

    Stoch %K9.5
    Stoch %D14.7
    Williams %R-88.3
    ROC (10d)-4.7%
    Momentum-3.35
    CCI (20d)-124.6
    MFI (14d)54.3

    Volatility Measures

    ATR (14d)$1.24(1.8%)
    StdDev (20d)1.18
    Hist Vol15.9%(Low)

    Volume Flow

    VWAP$67.95
    OBV44.8M
    AD Line-1.8B
    CMF (20d)-0.138

    Volume Metrics

    Avg Vol (20d)3.5M
    Vol Ratio0.9x
    VWMA (20d)$69.91

    Pivot Points

    R3$69.77
    R2$69.35
    R1$68.78
    Pivot Point$68.36
    S1$67.79
    S2$67.37
    S3$66.80

    Advanced Oscillators

    TSI-26.59
    Ultimate Osc33.9
    KST-52.99

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.83B$2.73B$2.23B$2.02B$1.84B$2.45B$1.99B$1.74B$1.61B$2.18B$1.95B$1.67B
    Cost of Revenue$675.00M$1.21B$812.00M$729.00M$727.00M$998.00M$692.00M$592.00M$545.00M$839.00M$714.00M$602.00M
    Gross Profit$1.15B$1.52B$1.42B$1.29B$1.11B$1.45B$1.30B$1.15B$1.06B$1.34B$1.24B$1.07B
    Operating Expenses$890.00M$1.03B$986.00M$811.00M$794.00M$955.00M$872.00M$784.00M$779.00M$925.00M$830.00M$800.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$464.00M$448.00M$509.00M$416.00M$397.00M$405.00M$420.00M$412.00M$404.00M$402.00M$403.00M$447.00M
    Operating Income$264.00M$490.00M$435.00M$481.00M$317.00M$494.00M$425.00M$367.00M$283.00M$412.00M$406.00M$271.00M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$210.00M$204.00M$209.00M$203.00M$199.00M$187.00M$180.00M$178.00M$173.00M$177.00M$172.00M$164.00M
    Income Before Tax$129.00M$362.00M$295.00M$340.00M$255.00M$358.00M$306.00M$273.00M$223.00M$321.00M$317.00M$184.00M
    Income Tax Expense$33.00M$85.00M$53.00M$68.00M$62.00M$63.00M$51.00M$26.00M$41.00M$58.00M$66.00M$11.00M
    Net Income$96.00M$277.00M$242.00M$272.00M$193.00M$295.00M$255.00M$247.00M$182.00M$263.00M$251.00M$173.00M
    EBITDA$647.00M$977.00M$838.00M$831.00M$742.00M$932.00M$812.00M$724.00M$669.00M$866.00M$799.00M$610.00M
    EBIT$339.00M$565.00M$496.00M$543.00M$454.00M$544.00M$486.00M$451.00M$396.00M$498.00M$489.00M$348.00M
    * Some calculated fields are derived from available data when not provided by source

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    Frequently Asked Questions About CMS

    What is CMS's current dividend yield?
    CMS Energy Corporation (CMS) has a current dividend yield of 3.05%.
    Does CMS pay dividends?
    Yes, CMS Energy Corporation pays dividends with a current yield of 3.05%.
    What is CMS's P/E ratio?
    CMS Energy Corporation has a price-to-earnings (P/E) ratio of 20.13.
    What is CMS's market cap?
    CMS Energy Corporation (CMS) has a market capitalization of $21.34B with a current stock price of $68.05.

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