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CMCMS

CMS Energy Corporation

$CMS·$21B·Regulated Electric·Utilities
$68.70+2.6%YTD-4.2%1Y-8.1%
Price updated 2h ago·X counts updated 5d ago
CMCMS
$CMSCMS Energy Corporation
$68.70+2.63%64 posts1.1×
AI analysisFundamentalsVoices on X
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On X

The complete picture of $CMS on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

64X posts · last 7 days
Sep 28Oct 11
Chatter Meter
1.1×
QuietNormal · 1×Loud

How loud $CMS's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level, louder than 80% of tracked names.

AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $CMS — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersCooling offAI verdict · as of 2026-10-03

Catching its breath after a run — could pick back up or fade from here.

A regulated Michigan utility sitting at 52-week lows, cheap for a reason but boring in the way utilities earn you back.

CMS Energy has been grinding to new lows all through September, down 9% year to date and sitting at 8% of its 52-week range — a regulated-utility selloff that is as much about rising long-end rates as anything specific to Michigan.

  • Trailing PE of 20 against sell-side 2026 EPS of $3.87 gives a forward multiple around 16.5x, roughly in line with regulated-utility peers once you adjust for the 3.3% capex-funded dividend yield.
  • Revenue growth has been steady double-digits (Q1 +12%, Q4 +12%, Q3 +16% YoY), reflecting rate-case escalators and NorthStar Clean Energy's development pipeline — this is not a demand story, it is a rate-base compounding story.
  • Debt/equity of 2.0 and negative FCF yield highlight the capex burden of the clean-energy build; a sustained drop in Treasury yields is the clearest path to multiple re-rating.

The October 29 earnings print is unlikely to move the thesis much — this is a bond-proxy where macro beats micro, and the right time to care is when the ten-year starts cooperating, not when the quarter lands.

What to watch: October 29 Q3 earnings and the 2027 EPS guidance update; Michigan Public Service Commission orders on pending rate cases; the 10-year Treasury trajectory and any inflection that would reset utility multiples broadly.

On the calendar: Q3 earnings scheduled 2026-10-29

Read the AI verdict on $CMS

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

Regulated electric and gas utility serving Michigan with growing renewable energy investment.

Industry overviewAI analysisGenerated by AI from underlying data

Where Regulated Electric sits in its cycle right now — and what that implies for $CMS.

Regulated Electric · Utilities

AI data-center load growth is re-rating regulated electric utility earnings power — utilities with exposure to hyperscaler cluster siting (Dominion Virginia, AEP Texas, Duke Southeast) are securing direct long-term power purchase agreements at premium rates. Renewable capacity additions (solar, wind) compress fuel costs while stranded-cost recovery of coal retirements is the regulatory negotiation variable.

What this means for $CMS

Direct beneficiary — Regulated electric and gas utility serving Michigan with growing renewable energy investment.

Industry benchmark

26-name peer basket
-3.3%YTD
-4.3%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
19.6How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
3.6%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
19.5%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-9.1%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
2.5Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
12.3%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
64.6%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
2.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 28, 2026$0.37$0.36+3.1%
Q1 2026Apr 28, 2026$1.13$1.10+2.7%
Q4 2025Feb 5, 2026$0.95$0.93+1.8%
Q3 2025Oct 30, 2025$0.93$0.86+8.1%
Next earningsTue, Oct 27·consensus EPS $1.20

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$2.7B+11.6%56.5%17.9%$1.13$-334.0M
Q4 FY25$2.2B+12.3%128%19.5%$0.94$-596.0M
Q3 FY25$2.0B+15.9%29.1%23.8%$0.92$-635.0M
Q2 FY25$1.8B+14.4%38.8%17.2%$0.66$-470.0M

Forward consensus

5-year forecast · up to 9 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$9.0B$8.5B – $9.4B$3.87$3.84 – $3.898
FY27$9.4B$8.8B – $9.8B$4.16$4.13 – $4.198
FY28$9.8B$9.3B – $10.4B$4.48$4.45 – $4.529
FY29$10.2B$9.6B – $10.6B$4.83$4.50 – $5.134
FY30$10.5B$9.9B – $11.0B$5.22$4.86 – $5.544

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.3×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.26%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-0.2%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-7.8%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 99.9M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today5.0% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.325-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

BuyJul 31Srikanth MaddipatiCFO200 sh$14KSellMay 26Brandon J. HofmeisterPresident3.0K sh$223K
+ 11 other (11 awards) in window

See when $CMS insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDJul 288-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

CMS Energy Corporation (CMS) and its subsidiary Consumers Energy Company reported Q2 2026 financial results on July 28, 2026 via a press release and investor presentation furnished as exhibits. No specific earnings figures appear in the 8-K body. This is a standard quarterly earnings disclosure for a Michigan-based regulated utility; adjusted EPS and full-year guidance are in the attached exhibits.

3New insider — initial holdingsJun 93
AI summary

Srikanth Maddipati, newly appointed EVP and CFO of CMS Energy Corp, filed an initial Form 3 on June 9, 2026 disclosing direct beneficial ownership of 24,511 shares of CMS Energy common stock and 0 preferred depositary shares as of June 3, 2026. Routine Section 16 initial ownership report for a new executive officer; no transactions or derivative securities reported.

8-KOfficer or director changeJun 38-K — Item 5.02: Officer or director change · Item 7.01: Press release / Reg FD
AI summary

CMS (CMS) filed an 8-K under Item 5.02 disclosing a change in its executive leadership or board composition. The filing reports both a departure and an appointment in Chief Financial Officer. Individuals named in the filing include Commission Registrant, Employer File. Leadership changes at the C-suite and board level are material events requiring 8-K disclosure within four business days, as they can affect company strategy, investor confidence, and operational continuity.

424B5Prospectus supplement (offering)May 13424B5
AI summary

CMS filed a 424B5 prospectus supplement dated 2026-05-13, representing an active capital markets transaction. Priced at $0.01 per share. This represents immediate dilution to existing shareholders.

8-KCharter amendmentMay 138-K — Item 5.03: Charter amendment · Item 5.07: Shareholder vote
AI summary

CMS held its special meeting of stockholders around 2026-05-13 (8-K Item 5.07). Stockholders elected 1 director to the board. Routine governance event — monitor for unusually high withhold votes as an activist signal.

8-KPress release / Reg FDApr 288-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

CMS reported first quarter results. Attached as Exhibit 99.1 to th financial results (8-K Item 2.02). Investors should review the full earnings press release and any management guidance for forward outlook.

+ 7 other (4 13Gs · 2 10-Qs · 1 routine 8-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Seniors Face an 18% Drop in Highly Rated Medicare Advantage Plans — But Quality Might Not Be the Cause247wallst.com·7d agoCMS Energy to Announce 2026 Third Quarter Results on October 27prnewswire.com·10d agoPeter Thiel Was an Early Outside Investor in Facebook and Co-Founded Both PayPal and Palantir Before Building a Hedge Fund Now Concentrated in Power and Energy Stocks. Here's What That Track Record Says About Following His Contrarian Bets.fool.com·12d agoCMS Energy (NYSE:CMS) Reaches New 1-Year Low – Time to Sell?defenseworld.net·16d agoLabcorp: The CMS Selloff Represents An Excellent Opportunity - Strong Buyseekingalpha.com·23d ago

In themes

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Voices on X · last 7 days

No standout posts about $CMS on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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