CMS Share Price | CMS Energy Corp. Stock Analysis & Recommendation

Q: How big is CMS Energy Corp.?

Market Cap: As of Jun 18, CMS Energy Corp. has a market capitalization of 20,675.43 million, categorizing it as a Mid Cap company.Recent Quarterly Performance: For the latest four quarters, CMS Energy Corp. reported net sales of 7,786.00 million and a net profit of 979.00 million.Balance Sheet Snapshot: As of Dec'24, the company reported shareholder's funds of 8,230.00 million and total assets of 36,511.00 million.

Q: What does CMS Energy Corp. do?

Overview:CMS Energy Corporation is an energy company operating primarily in Michigan, focusing on electric and gas utility services as well as independent power production, and falls within the mid-cap power industry.Financial Snapshot:Most recent Net Sales: 2,447 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 295 Million (Quarterly Results - Mar 2025) Market cap: USD 20,675.43 Million (Mid Cap)Key Metrics:P/E: 24.00 Dividend Yield: 222.66% Debt Equity: 1.96 Return on Equity: 10.64% Price to Book: 2.48 Contact Details:Address: 1 Energy Plaza Dr, JACKSON MI: 49201-2357 Tel: ['1 517 7880550', '1 517 7683114'] Website: https://www.cmsenergy.com/

Q: Is CMS Energy Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for CMS Energy Corp. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E Ratio of 24, an EV to EBITDA of 13.17, and a Price to Book Value of 2.51. In comparison, Public Service Enterprise Group, Inc. has a P/E of 20.07, while WEC Energy Group, Inc. stands at 20.99, indicating that CMS Energy is positioned competitively within its peer group.In the recent performance, CMS Energy Corp. has underperformed against the S&P 500, with a 1-year return of 5.31% compared to the S&P 500's 14.08%. This suggests that while the company is fairly valued, it may not be the best investment compared to broader market opportunities.

Q: Is CMS Energy Corp. technically bullish or bearish?

As of 31 October 2025, the technical trend for CMS Energy Corp. has changed from mildly bullish to bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are mildly bullish, supporting the overall bullish stance. However, the weekly KST is bullish, contrasting with the monthly KST being mildly bearish. The Bollinger Bands show a sideways trend weekly and a mildly bullish trend monthly, suggesting some consolidation. In terms of performance, CMS Energy Corp. has underperformed the S&P 500 over the past week and year, with returns of -2.21% and 6.79% compared to the S&P 500's 0.71% and 19.89%, respectively. Overall, the current technical stance is bullish, but the strength is tempered by mixed signals from various indicators.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

4.72 M

Shareholding (Dec 2025)

FII

25.92%

Held by 323 FIIs

DII

28.04%

Held by 80 DIIs

Promoter

0.01%

How big is CMS Energy Corp.?

22-Jun-2025

As of Jun 18, CMS Energy Corp. has a market capitalization of $20.68 billion, with recent net sales of $7.79 billion and a net profit of $979 million.

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What does CMS Energy Corp. do?

22-Jun-2025

CMS Energy Corporation is a Michigan-based energy company that provides electric and gas utility services and engages in independent power production. As of March 2025, it reported net sales of $2.447 billion and a net profit of $295 million, with a market cap of approximately $20.68 billion.

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Who are in the management team of CMS Energy Corp.?

22-Jun-2025

As of March 2022, the management team of CMS Energy Corp. includes Independent Chairman John Russell, President and CEO Garrick Rochow, Presiding Independent Director William Harvey, and Independent Directors Jon Barfield, Deborah Butler, Kurt Darrow, and Suzanne Shank. They oversee the company's strategic direction and governance.

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Is CMS Energy Corp. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, CMS Energy Corp. is fairly valued with a P/E ratio of 24 and has underperformed the S&P 500 with a 1-year return of 5.31% compared to 14.08%.

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Is CMS Energy Corp. technically bullish or bearish?

05-Nov-2025

As of October 31, 2025, CMS Energy Corp. shows a bullish technical trend, supported by daily moving averages and a bullish weekly KST, despite mixed signals from MACD indicators and underperformance compared to the S&P 500.

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Compare CMS Energy Corp. with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength with a 4.23% CAGR growth in Operating Profits over the last 5 years

Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.76 times
The company has been able to generate a Return on Capital Employed (avg) of 6.18% signifying low profitability per unit of total capital (equity and debt)

With ROCE of 6.36%, it has a expensive valuation with a 1.51 Enterprise value to Capital Employed

Mojo Parameters

Stock DNA

Industry

Power

Market cap

USD 23,984 Million (Mid Cap)

P/E

26.00

Industry P/E

Dividend Yield

2.74%

Debt Equity

1.99

Return on Equity

10.16%

Price to Book

2.62

Revenue and Profits:

Net Sales:

2,233 Million

(Quarterly Results - Dec 2025)

Net Profit:

242 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

5.4%

6 Months

6.04%

1 Year

1.25%

2 Years

27.65%

3 Years

21.32%

4 Years

12.42%

5 Years

28.24%

CMS Energy Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

5.03%

EBIT Growth (5y)

4.86%

EBIT to Interest (avg)

2.23

Debt to EBITDA (avg)

5.76

Net Debt to Equity (avg)

1.96

Sales to Capital Employed (avg)

0.31

Tax Ratio

15.60%

Dividend Payout Ratio

61.56%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

6.18%

ROE (avg)

11.34%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.62

EV to EBIT

24.40

EV to EBITDA

13.89

EV to Capital Employed

1.54

EV to Sales

4.93

PEG Ratio

3.84

Dividend Yield

2.74%

ROCE (Latest)

6.33%

ROE (Latest)

10.16%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

No Trend

Bullish

OBV

Mildly Bearish

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 138 Schemes (46.02%)

Foreign Institutions

Held by 323 Foreign Institutions (25.92%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val2": "1,989.00",
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          "val2": "751.00",
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        {
          "field": "Interest",
          "val1": "192.00",
          "val2": "169.00",
          "chgp": "13.61%",
          "chgp_class": "negative"
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        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "20.00",
          "chgp": "-100.00%",
          "chgp_class": "negative"
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          "field": "Consolidate Net Profit",
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          "val2": "255.00",
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          "field": "Operating Profit Margin (Excl OI)",
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        "Dec'25",
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          "val1": "3,033.00",
          "val2": "2,727.00",
          "chgp": "11.22%",
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        {
          "field": "Interest",
          "val1": "789.00",
          "val2": "708.00",
          "chgp": "11.44%",
          "chgp_class": "negative"
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        {
          "field": "Exceptional Items",
          "val1": "72.00",
          "val2": "110.00",
          "chgp": "-34.55%",
          "chgp_class": "negative"
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          "field": "Consolidate Net Profit",
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Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY

Dec'25

Dec'24

Change(%)

Net Sales

2,233.00

1,989.00

12.27%

Operating Profit (PBDIT) excl Other Income

777.00

751.00

3.46%

Interest

192.00

169.00

13.61%

Exceptional Items

0.00

20.00

-100.00%

Consolidate Net Profit

242.00

255.00

-5.10%

Operating Profit Margin (Excl OI)

194.80%

213.70%

-1.89%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Dec 2025 is 12.27% vs 2.00% in Dec 2024

Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is -5.10% vs 1.59% in Dec 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

8,539.00

7,515.00

13.63%

Operating Profit (PBDIT) excl Other Income

3,033.00

2,727.00

11.22%

Interest

789.00

708.00

11.44%

Exceptional Items

72.00

110.00

-34.55%

Consolidate Net Profit

1,002.00

947.00

5.81%

Operating Profit Margin (Excl OI)

202.20%

197.90%

0.43%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 13.63% vs 0.71% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 5.81% vs 17.35% in Dec 2024

All Annual Results

Company CV

About CMS Energy Corp.

CMS Energy Corp.

Power

CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production. The Company is the parent holding company of various subsidiaries, including Consumers Energy Company (Consumers), an electric and gas utility company, and CMS Enterprises Company (CMS Enterprises), a domestic independent power producer. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, metal, and food products industries, as well as a group of other industries.

Company Coordinates

Company Details

1 Energy Plaza Dr , JACKSON MI : 49201-2357

Tel: 1 517 78805501 517 7683114

https://www.cmsenergy.com/

Registrar Details