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CMS Energy Corporation (CMS)

Utilities | Utilities - Regulated Electric | Jackson, United States | NYSE
77.75 USD -0.36 (-0.461%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 77.72 -0.03 (-0.027%) ⇩ (April 17, 2026, 6:20 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:19 p.m. EDT

CMS Energy Corporation (CMS) appears to be a solid long-term investment with strong fundamentals and a consistent dividend history. The recent price movements show a slight upward trend, and the current price is near the 52-week high, suggesting potential for further gains. The dividend yield is attractive, and the payout ratio is reasonable, indicating sustainability. While the short-term forecasting model shows minimal predicted movement, the options activity suggests a cautious bullish sentiment, which could indicate a potential buying opportunity in the short term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.063807
AutoARIMA0.063841
AutoETS0.064000
AutoTheta0.082023

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 4.82
Ljung-Box p 0.000
Jarque-Bera p 0.023
Excess Kurtosis -0.03
Attribute Value
Sector Utilities
Ex Dividend Date 2026-02-16
Last Dividend Date 2026-02-16
Debt to Equity Ratio 194.861
Revenue per Share 28.425
Market Cap 23,946,739,712
Trailing P/E 22.09
Forward P/E 18.62
Beta 0.42
Profit Margins 12.54%
Website https://www.cmsenergy.com

As of April 11, 2026, 1:19 p.m. EDT: Options speculators show mixed signals. Call options are heavily positioned around the 75 and 80 strike prices, indicating potential for upward movement or a bullish sentiment. However, put options are also showing activity, particularly around the 70 strike, suggesting some bearish outlook or hedging. The IV is relatively low, which could imply a lack of immediate volatility expectations, but the presence of significant OI in both calls and puts suggests that traders are anticipating some movement. The overall options activity suggests a cautious but somewhat bullish stance, with a focus on potential price increases or a dip-buy opportunity.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.75% 3.01% 3.33% 3.30%
Dividend History
Date Dividend Yield %
2026-02-17 0.570 0.749605
2025-11-07 0.543 0.747048
2025-08-08 0.543 0.750136
2025-05-09 0.543 0.768187
2025-02-14 0.543 0.813007
2024-11-13 0.515 0.789986
2024-08-02 0.515 0.814906
2024-05-14 0.515 0.870379
2024-02-09 0.515 0.976305
2023-11-02 0.488 0.943252
2023-08-03 0.488 0.905416
2023-05-04 0.488 0.869019
2023-02-10 0.488 0.874294
2022-11-03 0.460 0.896684
2022-08-04 0.460 0.749689
2022-05-05 0.460 0.767333
2022-02-10 0.460 0.834315
2021-11-04 0.435 0.827179
2021-08-05 0.435 0.791155
2021-05-06 0.435 0.781549
2021-02-04 0.435 0.891641
2020-11-05 0.408 0.743580
2020-08-06 0.408 0.780907
2020-05-14 0.408 0.892747
2020-02-06 0.408 0.726439
2019-10-31 0.383 0.722541
2019-08-01 0.383 0.787647
2019-05-02 0.383 0.856925
2019-01-31 0.383 0.903319
2018-11-01 0.358 0.912466
2018-08-02 0.358 0.934099
2018-05-03 0.358 0.968683
2018-02-15 0.358 1.037065
2017-11-02 0.333 0.884219
2017-08-02 0.333 0.918641
2017-05-03 0.333 0.959394
2017-02-01 0.333 1.032121
2016-11-02 0.310 0.998022
2016-08-03 0.310 0.931247
2016-05-04 0.310 1.000745
2016-02-03 0.310 1.057207
2015-11-04 0.290 1.098184
2015-08-05 0.290 1.175679
2015-05-06 0.290 1.205482
2015-02-04 0.290 1.091549
2014-11-05 0.270 1.139143
2014-07-30 0.270 1.297005
2014-04-30 0.270 1.269831
2014-02-05 0.270 1.445911
2013-10-30 0.255 1.350086
2013-07-31 0.255 1.335739
2013-05-01 0.255 1.280993
2013-02-06 0.255 1.482248
2012-10-31 0.240 1.487155
2012-08-01 0.240 1.511361
2012-05-02 0.240 1.631517
2012-02-08 0.240 1.712938
2011-11-02 0.210 1.619624
2011-08-03 0.210 1.780906
2011-05-04 0.210 1.693193
2011-02-03 0.210 1.754415
2010-11-03 0.210 1.885082
2010-08-04 0.150 1.548400
2010-05-05 0.150 1.599755
2010-02-04 0.150 1.701549
2009-11-04 0.125 1.618952
2009-08-06 0.125 1.687033
2009-05-06 0.125 1.803833
2009-02-04 0.125 1.896477
2008-11-05 0.090 1.527841
2008-08-06 0.090 1.210204
2008-05-07 0.090 1.106970
2008-02-06 0.090 1.043879
2007-11-07 0.050 0.564157
2007-08-08 0.050 0.552861
2007-05-08 0.050 0.492638
2007-02-05 0.050 0.540036
2002-11-06 0.180 3.801631
2002-08-08 0.180 3.620768
2002-05-03 0.365 3.470111
2002-02-05 0.365 3.289186
2001-11-05 0.365 3.232827
2001-08-03 0.365 2.935010
2001-05-03 0.365 2.574816
2001-02-05 0.365 2.553469
2000-10-31 0.365 2.848078
2000-08-08 0.365 2.947621
2000-04-28 0.365 4.158573
2000-02-04 0.365 3.955183
1999-11-01 0.365 2.203706
1999-09-15 0.365 2.229485
1999-07-29 0.365 2.221552
1999-04-29 0.330 1.733985
1999-01-29 0.330 1.795664
1998-10-30 0.330 1.757832
1998-08-03 0.330 1.825473
1998-04-30 0.300 1.636712
1998-01-30 0.300 1.691621
1997-10-30 0.300 1.993197
1997-07-31 0.300 1.975629
1997-05-01 0.270 2.080766
1997-01-31 0.270 1.996814
1996-11-06 0.270 2.140850
1996-08-06 0.270 2.202847
1996-05-06 0.240 2.139974
1996-02-06 0.240 1.960244
1995-11-06 0.240 2.253768
1995-08-04 0.240 2.513340
1995-05-02 0.210 2.414632
1995-02-02 0.210 2.346869
1994-11-01 0.210 2.513194
1994-08-02 0.210 2.467431
1994-05-03 0.180 2.218952
1994-02-02 0.180 2.040927
1993-10-26 0.180 1.890672
1993-08-03 0.180 1.949869
1993-05-04 0.120 1.523543
1993-02-01 0.120 1.749223
1992-10-27 0.120 2.005943
1992-07-28 0.120 2.005251
1992-04-28 0.120 2.286429
1992-01-28 0.120 1.859137
1991-10-29 0.120 2.004594
1991-07-30 0.120 1.614668
1991-04-30 0.120 1.280095
1991-01-31 0.120 1.219630
1990-10-30 0.120 1.397801
1990-07-31 0.100 0.951978
1990-05-01 0.100 1.032912
1990-01-30 0.100 0.925250
1989-11-01 0.100 0.884001
1973-04-13 0.500 5.422500
Additional Data
dividendRate 2.28
dividendYield 2.93
exDividendDate 2026-02-17
trailingAnnualDividendRate 2.17
trailingAnnualDividendYield 0.027781336
lastDividendValue 0.57
lastDividendDate 2026-02-17
dividendDate 2026-02-27

Info Dump

Attribute Value
52 Week Change 0.07836342
Address1 One Energy Plaza
All Time High 80.36
All Time Low 3.41
Ask 77.65
Ask Size 200
Audit Risk 3
Average Analyst Rating 2.3 - Buy
Average Daily Volume10 Day 2,657,210
Average Daily Volume3 Month 3,086,816
Average Volume 3,086,816
Average Volume10Days 2,657,210
Beta 0.424
Bid 77.65
Bid Size 200
Board Risk 6
Book Value 29.111
City Jackson
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 77.75
Current Ratio 0.979
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 77.81
Day Low 76.58
Debt To Equity 194.861
Display Name CMS Energy
Dividend Date 1,772,150,400
Dividend Rate 2.28
Dividend Yield 2.93
Earnings Call Timestamp End 1,777,384,800
Earnings Call Timestamp Start 1,777,384,800
Earnings Growth 0.066
Earnings Quarterly Growth 0.091
Earnings Timestamp 1,777,379,400
Earnings Timestamp End 1,777,379,400
Earnings Timestamp Start 1,777,379,400
Ebitda 3,019,000,064
Ebitda Margins 0.35355
Enterprise To Ebitda 14.253
Enterprise To Revenue 5.039
Enterprise Value 43,029,225,472
Eps Current Year 3.87438
Eps Forward 4.17485
Eps Trailing Twelve Months 3.52
Esg Populated 0
Ex Dividend Date 1,771,286,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 76.784
Fifty Day Average Change 0.9660034
Fifty Day Average Change Percent 0.0125807915
Fifty Two Week Change Percent 7.836342
Fifty Two Week High 80.36
Fifty Two Week High Change -2.6100006
Fifty Two Week High Change Percent -0.032478854
Fifty Two Week Low 67.71
Fifty Two Week Low Change 10.040001
Fifty Two Week Low Change Percent 0.14827944
Fifty Two Week Range 67.71 - 80.36
Financial Currency USD
First Trade Date Milliseconds 99,153,000,000
Five Year Avg Dividend Yield 2.98
Float Shares 304,318,854
Forward Eps 4.17485
Forward P E 18.623425
Free Cashflow -1,742,375,040
Full Exchange Name NYSE
Full Time Employees 8,350
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.41527
Gross Profits 3,545,999,872
Has Pre Post Market Data 1
Held Percent Insiders 0.0057
Held Percent Institutions 0.98134005
Implied Shares Outstanding 307,996,655
Industry Utilities - Regulated Electric
Industry Disp Utilities - Regulated Electric
Industry Key utilities-regulated-electric
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=101338&p=irol-IRhome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,771,286,400
Last Dividend Value 0.57
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name CMS Energy Corporation
Market us_market
Market Cap 23,946,739,712
Market State CLOSED
Max Age 86,400
Message Board Id finmb_257682
Most Recent Quarter 1,767,139,200
Net Income To Common 1,061,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 23,946,739,926
Number Of Analyst Opinions 13
Open 77.52
Operating Cashflow 2,235,000,064
Operating Margins 0.21675
Overall Risk 3
Payout Ratio 0.6156
Peg Ratio 3.02
Phone 517 788 0550
Post Market Change -0.02733612
Post Market Change Percent -0.035159
Post Market Price 77.722664
Post Market Time 1,776,464,401
Previous Close 78.11
Price Eps Current Year 20.067726
Price Hint 2
Price To Book 2.6708117
Price To Sales Trailing12 Months 2.8043964
Profit Margins 0.12542
Quick Ratio 0.516
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.25
Region US
Regular Market Change -0.360001
Regular Market Change Percent -0.460889
Regular Market Day High 77.81
Regular Market Day Low 76.58
Regular Market Day Range 76.58 - 77.81
Regular Market Open 77.52
Regular Market Previous Close 78.11
Regular Market Price 77.75
Regular Market Time 1,776,456,002
Regular Market Volume 1,864,818
Return On Assets 0.031519998
Return On Equity 0.108559996
Revenue Growth 0.123
Revenue Per Share 28.425
Sand P52 Week Change 0.38150132
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 4
Shares Outstanding 307,996,655
Shares Percent Shares Out 0.00029999999
Shares Short 83,195
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 15,512,023
Short Name CMS Energy Corporation
Short Percent Of Float 0.00029999999
Short Ratio 0.03
Source Interval 15
State MI
Symbol CMS
Target High Price 90.0
Target Low Price 66.0
Target Mean Price 80.76923
Target Median Price 82.0
Total Cash 509,000,000
Total Cash Per Share 1.661
Total Debt 18,922,999,808
Total Revenue 8,538,999,808
Tradeable 0
Trailing Annual Dividend Rate 2.17
Trailing Annual Dividend Yield 0.027781336
Trailing Eps 3.52
Trailing P E 22.088068
Trailing Peg Ratio 3.0025
Triggerable 1
Two Hundred Day Average 73.257
Two Hundred Day Average Change 4.492996
Two Hundred Day Average Change Percent 0.06133197
Type Disp Equity
Volume 1,864,818
Website https://www.cmsenergy.com
Zip 49,201