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Ticker
CMS

Price
76.04
Stock movement down
-0.70 (-0.91%)
Company name
CMS Energy Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Utilities >
Utilities - Regulated Electric
Market cap
23.30B
Ent value
52.92B
Price/Sales
2.73
Price/Book
2.40
Div yield
3.00%
Div growth
5.89%
Growth years
15
FCF payout
-6.47%
Trailing P/E
21.76
Forward P/E
18.23
PEG
3.07
EPS growth
6.21%
1 year return (CAGR)
8.91%
3 year return (CAGR)
7.92%
5 year return (CAGR)
6.09%
10 year return (CAGR)
6.68%
Last updated: 2026-02-24

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.28
Dividend yield3.00%
Payout frequencyQuarterly
Maximum yield33.73%
Average yield4.12%
Minimum yield2.50%
Discount to avg yield-37.55%
Upside potential-27.30%
Yield as % of max yield8.89%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.00%
Current yield distribution57.54%
Yield at 100% (Min)2.50%
Yield at 90%2.75%
Yield at 80%2.88%
Yield at 50% (Median)3.04%
Yield at 20%3.36%
Yield at 10%3.51%
Yield at 0% (Max)33.73%

Dividend per share

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Dividend per share data
Years of growth15 years
CCC statusDividend Contender
Dividend per share2.28
Payout frequencyQuarterly
Ex-div date17 Feb 2026
EPS (TTM)3.56
EPS (1y forward)4.17
EPS growth (5y)6.21%
EPS growth (5y forward)7.09%

Dividend growth

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Dividend growth data
CMSS&P500
DGR MR5.07%-13.74%
DGR TTM5.27%6.60%
DGR 3 years-30.05%7.31%
DGR 5 years5.89%4.69%
DGR 10 years6.46%6.30%
DGR 15 years8.26%8.16%
Time since last change announced21 days
EPS growth (5y)6.21%
EPS growth (5y forward)7.09%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM15.59%-6.47%
Average--
Forward54.67%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E21.76
Price to OCF5.84
Price to FCF-
Price to EBITDA5.41
EV to EBITDA12.29

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.73
Price to Book2.40
EV to Sales6.20

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FINANCIALS

Per share

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Per share data
Current share count306.42M
EPS (TTM)3.56
FCF per share (TTM)-8.59

Income statement

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Income statement data
Revenue (TTM)8.54B
Gross profit (TTM)5.20B
Operating income (TTM)1.73B
Net income (TTM)1.07B
EPS (TTM)3.56
EPS (1y forward)4.17

Margins

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Margins data
Gross margin (TTM)60.91%
Operating margin (TTM)20.22%
Profit margin (TTM)12.54%

Balance Sheet

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Balance Sheet data
Cash615.00M
Net receivables1.31B
Total current assets3.47B
Goodwill0.00
Intangible assets0.00
Property, plant and equipment40.81B
Total assets39.94B
Accounts payable1.40B
Short/Current long term debt18.90B
Total current liabilities2.59B
Total liabilities30.23B
Shareholder's equity9.71B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)3.99B
Capital expenditures (TTM)6.57B
Free cash flow (TTM)-2.58B
Dividends paid (TTM)167.00M

Financial returns

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Financial returns data
Return on Equity11.03%
Return on Assets2.68%
Return on Invested Capital3.74%
Cash Return on Invested Capital-9.03%

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STOCK INFORMATION

Stock chart

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Stock price data
Open76.58
Daily high77.28
Daily low75.93
Daily Volume3.09M
All-time high76.74
1y analyst estimate78.08
Beta0.48
EPS (TTM)3.56
Dividend per share2.28
Ex-div date17 Feb 2026
Next earnings date23 Apr 2026

Downside potential

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Downside potential data
CMSS&P500
Current price drop from All-time high-0.91%-1.82%
Highest price drop-93.01%-56.47%
Date of highest drop11 Mar 20039 Mar 2009
Avg drop from high-38.30%-10.84%
Avg time to new high88 days12 days
Max time to new high4768 days1805 days

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COMPANY DETAILS
CMS (CMS Energy Corporation) company logo
Marketcap
23.30B
Marketcap category
Large-cap
Description
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 270 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,646 miles of high-voltage distribution overhead lines; 18 miles of high-voltage distribution underground lines; 81,924 miles of electric distribution overhead lines; 9,775 miles of underground distribution lines; and 1,098 substations. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas, which includes 2,342 miles of transmission lines; 15 gas storage fields; 28,368 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.
Employees
8324
SEC filings
CEO
Patricia Poppe
Country
USA
City
Jackson
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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