Loading
NYSEUtilitiesRegulated Electric
Latest quote
$65.065
−$0.005 · -0.01%
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.
Previous close
$65.065
−$0.005 · -0.01%
Regular session · ET · Market data may be delayed.
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.
Day range
Current $65.065
52-week range
Current $65.065
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
81
Deep Value
Sentiment
64
Bullish
Risk
17
Low Risk
Momentum
44
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
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.
Day range
Current $65.065
52-week range
Current $65.065
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 8.54B USD | 7.52B USD | 7.46B USD | 8.6B USD | 7.33B USD |
| Cost of goods sold | 3.34B USD | 4.31B USD | 4.6B USD | 5.83B USD | 4.68B USD |
| Gross profit | 5.2B USD | 3.21B USD | 2.86B USD | 2.76B USD | 2.65B USD |
| Selling, general, and administrative | 3.47B USD | — | — | — | — |
| Operating expenses | 3.47B USD | 1.72B USD | 1.63B USD | 1.54B USD | 1.5B USD |
| Interest income | — | — | — | — | 3M USD |
| Interest expense | 789M USD | 708M USD | 643M USD | 519M USD | 500M USD |
| Depreciation and amortization | 1.31B USD | 1.24B USD | 1.18B USD | 1.13B USD | 1.11B USD |
| Operating income | 1.73B USD | 1.49B USD | 1.24B USD | 1.22B USD | 1.15B USD |
| Net income | 1.07B USD | 1B USD | 887M USD | 837M USD | 1.35B USD |
Company facts updated Oct 8, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Cash distributions grouped by calendar year; partial years are marked.
$2.17
2025 complete year+24.7% since 2021
2026 partial: $1.71
$1.74
2,021
$1.84
2,022
$1.9505
2,023
$2.06
2,024
$2.17
2,025
$1.71
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Aug 7, 2026 | $0.57Quarterly | Aug 7, 2026 | Sep 1, 2026 |
Dividend | May 8, 2026 | $0.57Quarterly | May 8, 2026 | May 29, 2026 |
Dividend | Feb 17, 2026 | $0.57Quarterly | Feb 17, 2026 | Feb 27, 2026 |
Dividend | Nov 7, 2025 | $0.5425Quarterly | Nov 7, 2025 | Nov 26, 2025 |
Dividend | Aug 8, 2025 | $0.5425Quarterly | Aug 8, 2025 | Aug 29, 2025 |
Dividend | May 9, 2025 | $0.5425Quarterly | May 9, 2025 | May 30, 2025 |
Ex-dividend Aug 7, 2026
$0.57
Quarterly
Record Aug 7, 2026 · Payment Sep 1, 2026
Ex-dividend May 8, 2026
$0.57
Quarterly
Record May 8, 2026 · Payment May 29, 2026
Ex-dividend Feb 17, 2026
$0.57
Quarterly
Record Feb 17, 2026 · Payment Feb 27, 2026
Ex-dividend Nov 7, 2025
$0.5425
Quarterly
Record Nov 7, 2025 · Payment Nov 26, 2025
Ex-dividend Aug 8, 2025
$0.5425
Quarterly
Record Aug 8, 2025 · Payment Aug 29, 2025
Ex-dividend May 9, 2025
$0.5425
Quarterly
Record May 9, 2025 · Payment May 30, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
State Street SPDR S&P 500 ETF1557.T39.23B0.03%129.41T JPY0.09%¥122,700-0.57%
Vanguard Morningstar Total Stock Market ETFVTI666.6M0.03%2.3T USD0.03%$381.03-0.40%
Vanguard S&P 500 ETFVOO558.51M0.03%1.8T USD0.03%$714.34-0.26%
Vanguard Morningstar Mid-Cap ETFVO454.79M0.20%226.4B USD0.03%$80.14-1.04%
State Street Utilities Select Sector SPDR ETFXLU357.48M1.58%23.28B USD0.08%$41.15-0.01%
iShares Core S&P 500 ETFIVV271.86M0.03%899.63B USD0.03%$780.58-0.25%
State Street SPDR S&P 500 ETFSPY247.76M0.03%819.04B USD0.09%$777.22-0.24%
Vanguard Morningstar Value ETFVTV200.72M0.08%262.4B USD0.03%$218.21-0.37%State Street SPDR S&P 500 ETF1557.TVanguard Morningstar Total Stock Market ETFVTIVanguard S&P 500 ETFVOOVanguard Morningstar Mid-Cap ETFVOState Street Utilities Select Sector SPDR ETFXLUiShares Core S&P 500 ETFIVVState Street SPDR S&P 500 ETFSPYVanguard Morningstar Value ETFVTVAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
