About CMS Energy Corporation
CMS Energy Corporation (CMS) has been publicly traded since 1973, making it a 53-year-old public company. It operates in the Utilities - Regulated Electric industry within the Utilities sector. The company is headquartered in Jackson, United States and employs approximately 8,350 people. With a market capitalization of $24 billion, CMS is a large established company.
Key Statistics
- Current Price
- $77.83
- Market Cap
- $23.85B
- 52-Week High
- $78.47
- 52-Week Low
- $67.71
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +12.13% | $69.41 | $77.83 |
| 2025 | +8.13% | $64.19 | $69.41 |
| 2024 | +18.60% | $54.12 | $64.19 |
| 2023 | -5.21% | $57.10 | $54.12 |
| 2022 | +0.18% | $57.00 | $57.10 |
| 2021 | +9.71% | $51.95 | $57.00 |
| 2020 | -0.31% | $52.11 | $51.95 |
| 2019 | +30.04% | $40.07 | $52.11 |
| 2018 | +8.25% | $37.02 | $40.07 |
| 2017 | +17.03% | $31.63 | $37.02 |
| 2016 | +18.85% | $26.61 | $31.63 |
| 2015 | +7.31% | $24.80 | $26.61 |
| 2014 | +34.59% | $18.43 | $24.80 |
| 2013 | +13.90% | $16.18 | $18.43 |
| 2012 | +15.05% | $14.06 | $16.18 |
| 2011 | +23.92% | $11.35 | $14.06 |
| 2010 | +23.60% | $9.18 | $11.35 |
| 2009 | +61.25% | $5.69 | $9.18 |
| 2008 | -40.23% | $9.53 | $5.69 |
| 2007 | +5.29% | $9.05 | $9.53 |
| 2006 | +15.09% | $7.86 | $9.05 |
| 2005 | +38.85% | $5.66 | $7.86 |
| 2004 | +22.65% | $4.62 | $5.66 |
| 2003 | -9.75% | $5.11 | $4.62 |
| 2002 | -57.61% | $12.06 | $5.11 |
| 2001 | -19.79% | $15.04 | $12.06 |
| 2000 | +8.28% | $13.89 | $15.04 |
| 1999 | -32.69% | $20.64 | $13.89 |
| 1998 | +13.19% | $18.23 | $20.64 |
| 1997 | +35.43% | $13.46 | $18.23 |
| 1996 | +16.37% | $11.57 | $13.46 |
| 1995 | +35.42% | $8.54 | $11.57 |
| 1994 | -5.81% | $9.07 | $8.54 |
| 1993 | +40.26% | $6.47 | $9.07 |
| 1992 | +2.87% | $6.29 | $6.47 |
| 1991 | -32.69% | $9.34 | $6.29 |
| 1990 | -25.59% | $12.55 | $9.34 |
| 1989 | +56.36% | $8.03 | $12.55 |
| 1988 | +80.56% | $4.45 | $8.03 |
| 1987 | -13.60% | $5.15 | $4.45 |
| 1986 | +108.33% | $2.47 | $5.15 |
| 1985 | +62.16% | $1.52 | $2.47 |
| 1984 | -67.26% | $4.65 | $1.52 |
| 1983 | -28.03% | $6.46 | $4.65 |
| 1982 | +14.60% | $5.64 | $6.46 |
| 1981 | +3.01% | $5.47 | $5.64 |
| 1980 | -11.92% | $6.22 | $5.47 |
| 1979 | -15.64% | $7.37 | $6.22 |
| 1978 | -7.25% | $7.94 | $7.37 |
| 1977 | +6.63% | $7.45 | $7.94 |
| 1976 | +19.08% | $6.26 | $7.45 |
| 1975 | +92.41% | $3.25 | $6.26 |
| 1974 | -56.59% | $7.49 | $3.25 |
Valuation
CMS currently trades at a trailing P/E ratio of 22.0, which is considered moderate relative to the broader market. The forward P/E of 18.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.7. The price-to-sales ratio is 2.8.
Dividends
CMS Energy Corporation pays a dividend to shareholders with a current yield of 2.93%. This translates to $2.28 per share annually. The payout ratio of 62% indicates moderate dividend coverage.
Risk & Volatility
CMS has a beta of 0.43, indicating it is less volatile than the overall market. The stock's 52-week range is $67.71 to $78.47, and it currently trades near its 52-week high.
Analyst Ratings
Based on 13 analyst opinions, CMS has a consensus "buy" rating. The average price target of $79.15 suggests 1.7% upside from current levels.
Frequently Asked Questions
What does CMS Energy Corporation do? ▼
CMS Energy Corporation is a Utilities - Regulated Electric company operating in the Utilities sector. The company is headquartered in Jackson, United States.
What sector is CMS in? ▼
CMS operates in the Utilities sector, specifically in the Utilities - Regulated Electric industry.
When did CMS go public? ▼
CMS Energy Corporation went public in 1973, making it a 53-year-old public company as of 2026.
How much would $1,000 invested in CMS 5 years ago be worth today? ▼
A $1,000 investment in CMS five years ago would be worth approximately $1,605 today, representing a 60.5% return.
Does CMS pay dividends? ▼
Yes, CMS Energy Corporation pays a dividend with a current yield of 2.93%, which is $2.28 per share annually.
What is CMS's market cap? ▼
CMS Energy Corporation has a market capitalization of $24 billion, classifying it as a large-cap company.
What is CMS's P/E ratio? ▼
CMS has a trailing P/E ratio of 22.0 and a forward P/E of 18.7, which measures how much investors are paying per dollar of earnings.
Is CMS a buy, hold, or sell? ▼
Based on 13 opinions, CMS has a consensus "buy" rating. The average price target is $79.15.
Last updated: 3/14/2026