CMS stock forecast: what analysts expect
Wall Street analysts covering CMS Energy Corporation currently rate the stock a Buy on average, with a mean 12-month price target of $80.31 — +14.7% versus the last price of $70.02. Targets reflect analyst opinion, not a guarantee.
CMS historical returns
Based on monthly dividend-adjusted prices. See the full breakdown on what if you had invested in CMS.
CMS annual returns by year
Congress trading in CMS
5 members of Congress have disclosed trading CMS — 1 purchase and 6 sales worth an estimated $56,000. Most recent disclosure: Dec 8, 2025.
Insider activity in CMS
CMS's own executives and directors have made 1 open-market purchase ($14,491) and 1 sale ($222,930) in the last 90 days, per SEC Form 4 filings. Most recent: Jul 31, 2026.
| Jul 31, 2026 | Maddipati Srikanth | EVP/CFO | Buy | $14,491 |
| May 26, 2026 | Hofmeister Brandon J. | Senior Vice President | Sell | $222,930 |
About CMS Energy Corporation
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.
CMS Key Statistics
CMS in plain English
- P/E ratio (20.9) — how many dollars you pay for each $1 of CMS's yearly profit. That's a fairly normal range.
- ROE (9.16%) — how efficiently the company turns shareholders' money into profit. This is a middling level.
- Profit margin (11.64%) — of every $1 in sales, this is what's left as profit after all costs.
- Dividend yield (3.27%) — the cash payout you'd earn per year as a % of the share price, on top of any price gains.
CMS stock: frequently asked questions
What is CMS Energy Corporation's stock price today?
CMS Energy Corporation (CMS) last traded at $70.02 on the NYSE. Over the past 52 weeks the stock has traded between $68.64 and $80.36.
Is CMS stock a buy or a sell?
Wall Street analysts' consensus rating on CMS is "Buy", with an average 12-month price target of $80.31 — about +14.7% versus the current price of $70.02. Analyst targets are opinions, not guarantees; always do your own research.
How much would $1,000 invested in CMS 10 years ago be worth today?
A $1,000 investment in CMS Energy Corporation made 10 years ago would be worth about $2,247 today (dividends reinvested) — a total return of 125%, or 8.4% per year.
Does CMS pay a dividend?
Yes. CMS Energy Corporation currently pays a dividend yielding about 3.27% per year at today's share price.
What is CMS's P/E ratio?
CMS trades at a trailing price-to-earnings ratio of 20.9, and 16.9 times expected forward earnings. The P/E ratio tells you how many dollars investors pay for each $1 of the company's annual profit.
Do members of Congress trade CMS stock?
Yes — 5 members of Congress have disclosed trades in CMS under the STOCK Act, totaling 1 purchases and 6 sales worth an estimated $56,000.
What is CMS Energy Corporation's ticker symbol?
CMS Energy Corporation trades under the ticker symbol CMS on the NYSE.
Compare CMS with peers
Data last refreshed from public sources. Figures may be delayed. Not investment advice.