Each point was worked out with the data available that day. Scale 0-10: 5 is the index average and 10 is the cap (+3 standard deviations), not perfection. The vertical axis zooms to fit this company, so two charts are not comparable by eye.
Market and Valuation
Price & Market
Prev Close Price:$70.76
Open:$70.40
Day's Low:$69.86
Day's High:$70.65
Bid / Ask:-
Market Cap:21.95B
Enterprise Value:42.74B
52-Week Range
52-Week Low:$62.29
52-Week High:$80.36
Current position in 52-week range
52w Low-52w High
50-Day Avg:$66.82
200-Day Avg:$72.57
Volume
Volume Today:3,154,286
Avg Volume (3m):3,839,187
Avg Volume (10d):4,167,730
52-Week Change:-2.99%
vs S&P 500, 52 weeks:-
Beta:0.30
Valuation Multiples
P/E (trailing):25.00
12-month EPS and P/E from the market data provider (Yahoo Finance), not from the SEC: the latest quarter with EPS at the SEC ended Jun 30, 2026, more than 120 days ago.
P/E (forward):16.89
PEG Ratio:2.55
Price / Book:2.31
Price / Sales (TTM):2.45
EV / Revenue:4.76
EV / EBITDA:13.70
Dividends
Current yield:3.22%
Annual Dividend Rate:$2.28
Dividend Trailing:$2.25
Yield Trailing:3.18%
5-Year Avg Yield:3.02%
Payout Ratio:80.45%
Last Ex-Dividend Date:-
Valuation Context
P/E vs sector (indicative)
Most Recent Quarter:-
Fiscal Year (Next):-
Loading historical OHLCV database...
Date
Open
High
Low
Close
Volume
Financial Statements TTM (Trailing 12 Months)
Income Statement
Total Revenue (TTM):8.97B
Gross Profit:3.66B
EBITDA:3.12B
Net Income (TTM):862.00M
Rev Growth (YoY):+8.00%
Earnings Growth (YoY):-57.90%
Quarterly earnings growth (YoY):-55.60%
Margins
Gross Margin:-
EBITDA Margin:-
Operating Margin:-
Net Margin:-
Per Share
EPS Trailing (TTM):$2.80
12-month EPS and P/E from the market data provider (Yahoo Finance), not from the SEC: the latest quarter with EPS at the SEC ended Jun 30, 2026, more than 120 days ago.
EPS Forward (Est.):$4.14
Revenue Per Share:$29.07
Cash Per Share:-
Book Value:$30.30
Last Dividend:-
Ex-Dividend Date:-
Last Split:-
Balance Sheet & Liquidity
Total cash:451.00M
Total Debt:20.21B
Net Debt (Debt - Cash):19.76B
Debt / Equity:196.28%
Current Ratio:0.95
Quick Ratio:0.47
Cash Flows
Operating Cash Flow:2.28B
Free Cash Flow (FCF):−2.07B
FCF Yield (FCF / Market Cap):-
Enterprise Value:42.74B
EV / Revenue:4.76
EV / EBITDA:13.70
Profitability
ROE (Return on Equity):5.31%
ROA (Return on Assets):3.07%
P/E (trailing):25.00
P/E (forward):16.89
Price / Book:2.31
PEG Ratio:2.55
52-Week Change:-2.99%
S&P 500 change, 52 weeks:+11.37%
Historical Evolution (Last 4 Years)
Income Statement
Balance Sheet
Cash Flow
EPS and Earnings Per Share
Key EPS Metrics
EPS Trailing (TTM):$2.80
12-month EPS and P/E from the market data provider (Yahoo Finance), not from the SEC: the latest quarter with EPS at the SEC ended Jun 30, 2026, more than 120 days ago.
EPS Forward (Est.):$4.14
P/E (forward):16.89
PEG Ratio:2.55
Growth and Margins
Earnings Growth YoY:-
Quarterly Earnings Growth YoY:-
Rev Growth YoY:-
Net Margin:-
Gross Margin:-
EBITDA Margin:-
Per Share
Revenue Per Share:$29.07
Cash Per Share:-
Book Value:$30.30
Cash Flows (TTM)
Free Cash Flow:−2.07B
Operating Cash Flow:2.28B
EBITDA:3.12B
Total Revenue (TTM):8.97B
Net Income (TTM):862.00M
Fiscal Year (Last):-
EPS Surprise History - Last 4 Quarters
Actual vs. Analyst Estimates · Green = beat expectations · Red = missed
Quarter
Period
Actual EPS
Estimated EPS
Difference
Surprise %
Currency
Ownership Structure
Ownership Distribution
% Insiders:-
% Institutional:-
% Inst. (of Float):-
No. of Institutions:-
Visual distribution
InsidersInstitutionalFree Float
Shares & Short Interest
Shares Outstanding:313,625,618
Float (free shares):311,577,643
Short interest (shares):82,534
Short % of float:-
Short Ratio (days to cover):0.02
Short interest, prior month:-
Short Interest Date:-
Governance Score (1=Best, 10=Worst)
Overall risk:-
Audit Risk:-
Board risk:-
Compensation Risk:-
Shareholder rights risk:-
Top Institutional Holders
Position Change: ▲ Increased · ▼ Reduced · = Unchanged
Organization
Report Date
% Shares
No. Shares
Value (USD)
Change %
Top Mutual Funds
Position Change: ▲ Increased ▼ Decreased = Unchanged
Fund
Report Date
% Shares
No. Shares
Value (USD)
Change %
Recent Insider Trades
Executive / Insider
Title
Date
Action
Shares
Options Chain
CALLS
Strike
Last
Bid
Ask
Vol.
O.I.
IV
PUTS
Strike
Last
Bid
Ask
Vol.
O.I.
IV
Sentiment Metrics
Put/Call Ratio (Volume):-
Put/Call Ratio (O.I.):-
Max Pain (estimated):-
Total O.I. Calls:-
Total O.I. Puts:-
Expected move
Average IV (Calls ATM):-
Average IV (Puts ATM):-
Days to Expiration:-
Expected move (±):-
CMS Energy Corporation (CMS) SEC filings: 10-K, 10-Q and 8-K
Direct links to financial reports filed with the SEC.
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.
EVP of Business Transformation & Chief Legal & Administrative Officer
46
1.57M
Mr. Brandon J. Hofmeister
Senior Vice President of Strategy, Sustainability & External Affairs
48
1.25M
Mr. LeeRoy Wells Jr.
SVP and President of Gas Delivery of Consumers Energy Company
46
1.31M
Mr. Srikanth Maddipati
CFO & Executive VP
42
-
Mr. Scott B. McIntosh
Chief Accounting Officer, Controller & VP
49
-
Mr. Aaron Rajda
VP of Digital Products & Technology and Chief Digital Officer
-
-
You have seen the engine room
A free account saves your simulator portfolios, your personal portfolio and your Academy progress, synced across devices. And, if you switch it on, the email alert the same day an insider buys stock in their own company.
No card. No spam.
CMS Energy Corporation (CMS): Quantitative Analysis
CMS Energy Corporation (CMS) — Utilities — Utilities - Regulated Electric. CMS is in the S&P 500 today. Model factor scores and market data, recalculated every trading day.
So far in 2026, CMS has returned +2.5% against +11.4% for the S&P 500 (SPY): total return, dividends included on both sides, from Dec 31, 2025 to Nov 3, 2026.
CMS ranks 439 of 461 on today's multifactor score, and 29 of the 31 Utilities companies that score. Its strongest factor is value (Z 0.09, ranked 173 of 489); its weakest is momentum (Z -1.09, ranked 450 of 494). Each factor ranks only the companies with data for it, and the multifactor score only those with all four: that is why the totals differ.
Factor scores
The Z-Score is how many standard deviations the company sits from the index average: 0 is average, positive is better than average, negative is worse.
CMS Energy has no announced date in the Nasdaq public calendar checked (Nov 3, 2026 to Dec 7, 2026). Of its last 12 earnings announcements: 12 before the open (SEC filings through Oct 27, 2026). CMS earnings dates and times, quarter by quarter →
What is CMS Energy's P/E ratio?
CMS Energy's P/E (price over earnings per share for the last twelve months) is 25.0 at the Nov 3, 2026 close. That EPS is the 12-month figure from the market data provider (Yahoo Finance), not the SEC one. The median of the 31 Utilities companies with a P/E is 21.1, and the S&P 500's, 23.5: CMS Energy is above its sector median. Utilities stocks, company by company →
Where does CMS Energy rank on Quant500?
In the Nov 3, 2026 multi-factor ranking, CMS Energy ranks 439 of 461, and 29 of the 31 Utilities companies that score. The ranking orders S&P 500 companies by the average of four factors (momentum, value, quality and growth) and is recalculated every trading day. It is a model output, not investment advice. The full ranking →How it is calculated →
Have CMS Energy insiders bought or sold shares?
The latest open-market purchase of CMS Energy shares filed with the SEC (Form 4) was on Jul 31, 2026, by an officer, for $14k. The latest sale was on May 26, 2026, by an officer, for $223k. In total, from August 2025 through Nov 3, 2026: 2 purchases and 6 sales by directors, officers and large shareholders. All CMS insider trades →
Does CMS Energy pay a dividend?
Yes. Its dividend yield is 3.22% at the Nov 3, 2026 close (annual dividend of $2.28 per share). The next announced ex-dividend date is Nov 6, 2026.
What sector is CMS Energy in, and which index?
CMS Energy is classified in the Utilities sector (industry: Utilities - Regulated Electric), per the data provider's classification (similar to GICS, not identical). It is in the S&P 500 today. It is one of the 31 S&P 500 companies in that sector. Utilities stocks →
What is behind these numbers
The concepts on this page, explained from scratch in the Academy. Free, no account.
Quality and low volatilityWhere the quality score comes from, and why it is the factor with the most competing definitions, all of them called the same thing.
We save the portfolios you design, your own portfolio and your Academy progress, synced across devices.
Free, no card. Two automatic emails and no more: the one that confirms your address and the welcome one. After that, nothing you do not switch on yourself in your profile — such as the alert for insider buys, the same day they are reported to the SEC.