Company Profile · Utilities

CMS Energy Corporation

CMS · US
Exchange
US
Country
USA
IPO date
Dec 31, 1984
Employees
8,350
Current Price
$73.38
Live · Jun 18, 2026
Baillie Growth Score
39/100
Weak
Intrinsic Value · Three-Tier Range Current price $73.38 Live · Between the fair and optimistic ranges

Composite valuation range · conservative $35–$45 / fair $55–$70 / optimistic $80–$95. At $73.38, Between the fair and optimistic ranges.

At publication $74.53 (May 24, 2026)

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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.

Market cap$22.65B
Revenue (TTM)$8.82B
EBITDA$3.05B
Profit margin12.55%
ROE10.37%
P/E (TTM)20.31
Forward P/E18.98
PEG2.83
EPS$3.61
Dividend yield2.97%
52-week range$66.39 – $79.74
Analyst target$79.79
Analyst rating3.8 / 5

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

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