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NYSEUtilitiesRegulated Electric
Latest quote
$20.81
−$0.11 · -0.53%
CMS Energy Corporation primarily operates within the electric and natural gas industries. Its core business is structured across three distinct segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment handles the complete cycle of electricity, from its generation and purchase to its distribution and ultimate sale. Meanwhile, the Gas Utility segment manages the acquisition, transmission, storage, distribution, and retail of natural gas. The NorthStar Clean Energy division is dedicated to domestic independent power production, encompassing the development and operation of renewable energy sources, alongside the marketing of independently generated power. Established in 1987, the company's corporate headquarters are located in Jackson, Michigan.
Previous close
$20.81
−$0.11 · -0.53%
Regular session · ET · Market data may be delayed.
CMS Energy Corporation primarily operates within the electric and natural gas industries. Its core business is structured across three distinct segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment handles the complete cycle of electricity, from its generation and purchase to its distribution and ultimate sale. Meanwhile, the Gas Utility segment manages the acquisition, transmission, storage, distribution, and retail of natural gas. The NorthStar Clean Energy division is dedicated to domestic independent power production, encompassing the development and operation of renewable energy sources, alongside the marketing of independently generated power. Established in 1987, the company's corporate headquarters are located in Jackson, Michigan.
Day range
Current $20.81
52-week range
Current $20.81
Regular session · ET · Market data may be delayed.
AI-powered factor overview
GoAI Score
Buy
Favorable setup — positive multi-factor alignment
Valuation
87
Deep Value
Sentiment
72
Bullish
Risk
19
Low Risk
Momentum
49
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
CMS Energy Corporation primarily operates within the electric and natural gas industries. Its core business is structured across three distinct segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment handles the complete cycle of electricity, from its generation and purchase to its distribution and ultimate sale. Meanwhile, the Gas Utility segment manages the acquisition, transmission, storage, distribution, and retail of natural gas. The NorthStar Clean Energy division is dedicated to domestic independent power production, encompassing the development and operation of renewable energy sources, alongside the marketing of independently generated power. Established in 1987, the company's corporate headquarters are located in Jackson, Michigan.
Day range
Current $20.81
52-week range
Current $20.81
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 | 1.15B 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 Sep 6, 2026.
Recent quarterly results
Recent quarterly results
Cash distributions grouped by calendar year; partial years are marked.
$1.4688
2025 complete year0.0% since 2021
2026 partial: $0.7344
$1.4688
2,021
$1.4688
2,022
$1.4688
2,023
$1.4688
2,024
$1.4688
2,025
$0.7344
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 30, 2026 | $0.3672Quarterly | Sep 30, 2026 | Oct 15, 2026 |
Dividend | Jun 30, 2026 | $0.3672Quarterly | Jun 30, 2026 | Jul 15, 2026 |
Dividend | Mar 31, 2026 | $0.3672Quarterly | Mar 31, 2026 | Apr 15, 2026 |
Dividend | Dec 31, 2025 | $0.3672Quarterly | Dec 31, 2025 | Jan 15, 2026 |
Dividend | Sep 30, 2025 | $0.3672Quarterly | Sep 30, 2025 | Oct 15, 2025 |
Dividend | Jun 30, 2025 | $0.3672Quarterly | Jun 30, 2025 | Jul 15, 2025 |
Ex-dividend Sep 30, 2026
$0.3672
Quarterly
Record Sep 30, 2026 · Payment Oct 15, 2026
Ex-dividend Jun 30, 2026
$0.3672
Quarterly
Record Jun 30, 2026 · Payment Jul 15, 2026
Ex-dividend Mar 31, 2026
$0.3672
Quarterly
Record Mar 31, 2026 · Payment Apr 15, 2026
Ex-dividend Dec 31, 2025
$0.3672
Quarterly
Record Dec 31, 2025 · Payment Jan 15, 2026
Ex-dividend Sep 30, 2025
$0.3672
Quarterly
Record Sep 30, 2025 · Payment Oct 15, 2025
Ex-dividend Jun 30, 2025
$0.3672
Quarterly
Record Jun 30, 2025 · Payment Jul 15, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
First Trust Preferred Securities and Income ETFFPE20.54M0.33%6.28B USD0.83%$17.640.00%
iShares Preferred and Income Securities ETFPFF14.58M0.11%12.87B USD0.45%$30.360.00%
Invesco Preferred ETFPGX8.46M0.23%3.7B USD0.50%$10.49-0.24%
VanEck Preferred Securities ex Financials ETFPFXF5.89M0.24%2.39B USD0.40%$17.91-0.17%
State Street SPDR ICE Preferred Securities ETFPSK2.23M0.33%669.13M USD0.45%$29.335-0.15%
Cohen & Steers Preferred and Income Opportunities Active ETFCSPF404.95K0.13%65.77M USD0.59%$25.85+0.04%
John Hancock Investments - Preferred Income ETFJHPI344.62K0.16%219M USD0.54%$22.46+0.04%
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRF68.95K0.05%145.1M USD0.45%$49.2048+0.12%First Trust Preferred Securities and Income ETFFPEiShares Preferred and Income Securities ETFPFFInvesco Preferred ETFPGXVanEck Preferred Securities ex Financials ETFPFXFState Street SPDR ICE Preferred Securities ETFPSKCohen & Steers Preferred and Income Opportunities Active ETFCSPFJohn Hancock Investments - Preferred Income ETFJHPIGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGPRFAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
