Insider buying last 90 days
No open-market insider purchases were filed for CMS in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CMS insider filing, plotted on the chart in Gekko.Open CMS in Gekko
NYSE: CMS
CMS Energy (CMS) Stock Analysis & Forecast
Sep 28 close
$62.60−0.35 (−0.6%)
Gekko Brief
AI summaryCMS Energy has traded near its 52-week low through late September, with shares slipping to $62.92 and touching a low around $62.38 amid mixed second-quarter results: adjusted EPS beat consensus while revenue of $1.83 billion came in lower year-over-year, and full-year EPS guidance was left unchanged. Separately, the company outlined a new 20-year Energy Supply Plan for Michigan involving renewable investment, and Consumers Energy reported improved storm restoration times for several 2026 events.
The stock closed at $62.60, down 0.6% on the day, and sits below both its 50-day average of $69.22 and 200-day average of $72.96, with the 50-day also below the 200-day. Over the past month the shares are down 8.4%, and three- and six-month returns show declines of 19.7% and 17.9%. The GekkoIndex reads 77.9, placing CMS in the Buying zone, while Gekko Fair Value stands at $64.40, putting the current price 2.8% below that level.
The next earnings report is set for 29 October 2026, 30 days out and beyond a typical 20-trading-day holding window. No insider, Congress or unusual options activity appears in the recent windows. Seasonally, the next 20 trading days have averaged a 0.2% gain over five years, rising in 4 of them. Analyst coverage from 14 firms shows 7 buy and 7 hold ratings, with a consensus target of $78.67.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
CMS Energy price vs fair value
Close $62.60200-day averageGekko Fair Value $64.40
CMS Energy quick facts
- Market cap
- $19.63B
- P/E ratio
- 19
- Forward P/E
- 15.2
- EPS, TTM
- $3.32
- Revenue, TTM
- $8.81B
- Profit margin
- 11.6%
- Dividend yield
- 3.54%
- Beta
- 0.33
- Volume
- 4.13M avg 3.32M
- 1-year return
- −11.8%
- Typical daily move
- ±1.6%
- Typical 20-day move
- ±3.4%
- 50-day average
- $69.22
- 200-day average
- $72.96
- Next earnings
- Oct 29
- Shares outstanding
- 313.6M
CMS Energy swing-trade checklist
CMS Energy scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendheadwind
Below 50 and 200-day
Close $62.60 is below the 50-day ($69.22) and 200-day ($72.96) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
77.9, Buying
Reading 77.9 is in the Buying zone.
See the GekkoIndex - Fair valuemixed
2.8% below
Price is within 5% of Gekko Fair Value (2.8% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 30 days
Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+0.2% on average
From this point in the calendar, the next 20 trading days averaged +0.2% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
CMS Energy stock chart and price history
CMS Energy closed at $62.60 on Sep 28, 2026, −11.8% over the past year, inside a 52-week range of $62.38 to $80.36.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −8.4%
- 3 months
- −19.7%
- 6 months
- −17.9%
- 1 year
- −11.8%
The full CMS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CMS in Gekko
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About CMS Energy
CMS Energy provides electricity and natural gas to homes and businesses across Michigan. It is widely recognized for its Electric Utility operations, which generate power from coal, wind, gas, renewables, oil and nuclear sources and move it through an extensive network of overhead and underground lines and substations reaching customers throughout the state.
The company is structured into three segments. The Electric Utility segment handles generation, purchase, distribution and sale of power. The Gas Utility segment manages the purchase, transmission, storage and distribution of natural gas through transmission lines, storage fields, distribution mains and compressor stations. The NorthStar Clean Energy segment focuses on independent power production and marketing, including developing and running renewable generation projects. Together these segments serve 1.9 million electric customers and 1.8 million gas customers, spanning residential, commercial and industrial users.
CMS Energy was incorporated in 1987 and is headquartered in Jackson, Michigan. Its shares trade on the NYSE under the ticker CMS.
- Listed
- NYSE
- Sector
- Utilities
- Industry
- Electric utilities
- Website
- cmsenergy.com
CMS Energy GekkoIndex: the smart money zone
CMS Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 77.9, in the Buying zone, up 1.6 points over five sessions.
77.9Buying
Up 1.6 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 19 | −0.3% | −0.2% | ||
| Accumulation | 239 | +0.3% | +1.5% | ||
| Neutral | 388 | +0.1% | +0.1% | ||
| Distribution | 25 | −0.2% | +0.3% | ||
| Selling | 1 | Too few readings yet | |||
Average CMS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the CMS price, zone by zone.Track CMS in Gekko
Is CMS Energy stock overvalued? Gekko Fair Value
CMS Energy trades 2.8% below Gekko Fair Value of $64.40, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what CMS Energy shares are worth, recalculated every trading day.
$64.40
Gekko Fair Value, Sep 29, 2026
2.8% below fair value · About fair value
Gekko Fair Value on every chart, with the gap to price updating daily.Open CMS in Gekko
CMS Energy insider and Congress trading
No open-market insider purchases were filed for CMS Energy, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CMS were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CMS, plotted on the chart in Gekko.Open CMS in Gekko
Hedge funds and billionaires quarter ended Sep 30
1of the funds Gekko tracks holds CMS.
0added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
CMS Energy earnings: next date and track record
CMS Energy reports on Oct 29, 2026 (30 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Oct 29, 2026
30 days away
- EPS estimate
- $1.12
- Revenue estimate
- $2.17B
6 of 8reports beat the EPS estimate
±1.8%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 28, 2026 AI summary
- What they said
- CMS Energy's Q2 2026 earnings call reaffirmed the company's long-term strategy emphasizing regulated utility investment, simplified through a planned exit from nonutility renewables development at NorthStar while retaining Michigan-based assets (Dearborn Industrial Generation, a few gas peakers, and four commercial solar projects). Management reported first-half adjusted net income of $464 million ($1.50 per share) and noted year-to-date variances driven primarily by storms and weather. The company articulated a $24 billion utility capital plan and highlighted a $1.7 billion reduction in planned NorthStar capital that will free up parent funding, plus a disclosed $500M+ funding offset from asset disposition and cash flow. Management reaffirmed long-term adjusted EPS growth guidance of 6%-8% and an approximate 3% dividend yield, provided early 2027 guidance with no bias within the range, and discussed upside from potential data center load additions (with a tariff that spreads fixed costs and yields customer bill benefits). Management expressed confidence in regulatory recovery for storm costs (assuming a constructive order) and emphasized improving reliability metrics and operational improvements. Q&A was substantive and management answers were generally confident and direct, addressing asset sales, financing, storm deferral, DIG recontracting timing, and IRP implications.
- Guidance
- Reaffirmed long-term adjusted EPS growth of 6%-8% compounded annually and approximately 3% dividend yield; early 2027 guidance provided (management stated they are not biasing the range and have incorporated the NorthStar repositioning); $24 billion utility capital plan referenced; 10.5% utility rate base growth referenced; management expects a $500M+ funding offset from capital reallocation and retained asset cash flows; assumptions include constructive regulatory outcome for storm deferral filings. No specific full-year 2027 EPS number disclosed on the call.
- Risks flagged
- Weather and storm-related costs (recent storms were a primary headwind); regulatory outcomes (storm deferral and other commission approvals) which are assumed to be constructive; zoning/permitting risk and timing for large data center customers; execution risk related to asset dispositions and timing of sales of non-Michigan renewables; potential near-term parent earnings/financing variability as NorthStar is repositioned; possible merchant exposure if DIG recontracting leaves merchant volume.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 28, 2026 | $0.37 est $0.37 | $1.83B est $1.87B | +0.1% |
| Apr 28, 2026 | $1.13 est $1.10 | $2.73B est $2.46B | −1.7% |
| Feb 5, 2026 | $0.95 est $0.93 | $2.23B est $1.88B | +1.7% |
| Oct 30, 2025 | $0.93 est $0.86 | $2.02B est $1.85B | +1.7% |
| Jul 31, 2025 | $0.71 est $0.68 | $1.84B est $1.74B | +2.6% |
| Apr 24, 2025 | $1.02 est $1.01 | $2.45B est $2.24B | −1.8% |
| Feb 6, 2025 | $0.87 est $0.87 | $1.99B est $2.17B | +2.4% |
| Oct 31, 2024 | $0.84 est $0.78 | $1.74B est $1.88B | −2.6% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
CMS Energy stock forecast and analyst price targets
Analysts’ average 12-month price target for CMS Energy is $78.67, +25.7% from the last close, from 14 firms rating the stock in the last 90 days.
$78.67consensus 12-month target, +25.7% from the last close
Now $62.60Avg $78.67
Low $74High $87
Each firm’s latest rating in the last 90 days: 14 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 18 | Morgan Stanley | $77 | +23.0% |
| Sep 15 | Jefferies | $74 | +18.2% |
| Sep 10 | Truist Financial | — | — |
| Sep 8 | BMO Capital | $77 | +23.0% |
| Sep 3 | Wells Fargo | $79 | +26.2% |
−0.2%average 20-day move after past Buying readings
+0.2%average move over the next 20 trading days in the last 5 years
±1.6%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
CMS Energy seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, CMS Energy averaged +0.2% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.3% | 3 of 5 |
| Next 10 trading days | −1.2% | 3 of 5 |
| Next 15 trading days | −0.8% | 3 of 5 |
| Next 20 trading days | +0.2% | 4 of 5 |
| Next 30 trading days | +0.6% | 3 of 5 |
For scale, CMS’s typical 20-trading-day move in either direction is about 3.4%.
CMS Energy market cap and key statistics
CMS Energy’s market cap is $19.63B, with a P/E ratio of 19 and revenue of $8.81B over the last twelve months.
Valuation
- Market cap
- $19.63B
- P/E ratio
- 19
- Forward P/E
- 15.2
- EPS, TTM
- $3.32
- Gekko Fair Value
- $64.40
Trading
- Volume
- 4.13M
- Avg volume, 20 days
- 3.32M
- 52-week high
- $80.36
- 52-week low
- $62.38
- Shares outstanding
- 313.6M
Financials
- Revenue, TTM
- $8.81B
- Profit margin
- 11.6%
- Return on equity
- 9.2%
- Quarterly earnings growth, YoY
- −43.9%
Risk and income
- Beta
- 0.33
- Typical daily move
- ±1.6%
- Typical 20-day move
- ±3.4%
- Dividend yield
- 3.54%
CMS Energy stock news this week
Coverage of CMS Energy this week reads negative: 0 positive, 5 neutral and 5 negative headlines.
- CMS Energy stock at USD 62.80 on September 28, 2026, down 0.24 percentAD HOC NEWS, Sep 28
- Can CMS Energy (CMS) Support Its Price With Dividends?Simply Wall Street, Sep 25
- CMS Energy stock heads into the open after September 24 market weaknessAD HOC NEWS, Sep 25
- CMS Energy stock falls 1.74 percent near its 52-week lowAD HOC NEWS, Sep 24
- CMS Energy stock falls 2.02 percent near its yearly lowAD HOC NEWS, Sep 23
- Cms Energy stock hits 52-week low at 19.16 USDInvesting.com, Sep 23
CMS Energy peers
CMS Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| NEENextEra Energy | Buying | 24.8% below |
| SOSouthern | Buying | 0.3% above |
| CEGConstellation Energy | Accumulation | 0.3% above |
| DUKDuke Energy | Buying | 10.3% above |
| AEPAmerican Electric Power | Buying | 7.2% above |
| DDominion Energy | Accumulation | 11.9% below |
A peer links to its own page where one exists.
CMS Energy stock FAQ
What is CMS Energy’s market cap?
CMS Energy’s market cap is $19.63B at the Sep 28, 2026 close of $62.60, with 313.6M shares outstanding. The shares trade on a P/E ratio of 19.
What is the CMS Energy stock forecast?
The consensus analyst 12-month price target for CMS Energy is $78.67, +25.7% from the last close. Of the 14 firms that rated the stock in the last 90 days, 7 rate it a buy, 7 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is CMS Energy stock overvalued or undervalued?
On Gekko’s estimate CMS Energy is about fair value: the Sep 28, 2026 close of $62.60 is 2.8% below Gekko Fair Value of $64.40. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does CMS Energy report earnings next?
CMS Energy is expected to report on Oct 29, 2026 (30 days away). Analysts expect earnings of $1.12 per share on revenue of $2.17B. CMS Energy beat the earnings estimate in 6 of its last 8 reports, moving 1.8% on average across the report.
What is CMS Energy’s 52-week high and low?
CMS Energy’s 52-week high is $80.36 and its 52-week low is $62.38; it closed at $62.60 on Sep 28, 2026, −11.8% over the past year.
Is CMS Energy stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, earnings risk and seasonality), 1 as mixed (fair value) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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