CSG Stock Chart & Stats
€61.20
€0.26(0.40%)
At close: 4:00 PM EDT
€61.20
€0.26(0.40%)
Day’s Range― - ―
52-Week Range€54.54 - €69.16
Previous CloseN/A
Volume0.00
Average Volume (3M)51.00
Market Cap
€19.48B
Enterprise Value€43.58B
Total Cash (Recent Filing)€241.00M
Total Debt (Recent Filing)€19.30B
Price to Earnings (P/E)20.6
Beta-0.01
Next Earnings
Oct 27, 2026EPS Estimate
1.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.38
Shares Outstanding313,577,150
10 Day Avg. Volume93
30 Day Avg. Volume51
Financial Highlights & Ratios
PEG Ratio3.48
Price to Book (P/B)2.30
Price to Sales (P/S)2.46
P/FCF Ratio-13.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€68.35Price Target Upside11.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)3.46
Revenue Forecast (FY)€8.03B
Bulls Say, Bears Say
Bulls Say
Regulated Utility ModelCMS operates in essential electricity and natural gas services under state regulatory oversight, creating a comparatively durable revenue framework. Approved tariffs, cost recovery and allowed returns can support earnings visibility as the utility invests in infrastructure and serves its established customer base.
Utility Rate-base GrowthA large utility investment program tied to 10.5% compounded rate-base growth provides a defined pathway for expanding regulated earnings. Spending on renewables and distribution reliability can enlarge the asset base eligible for recovery, supporting multi-year growth if execution and approvals remain on track.
Strategic Simplification And Funding ReliefRefocusing NorthStar away from nonutility renewables development should make CMS more utility-centric and reduce capital demands outside the regulated base. The planned funding reduction can improve allocation discipline and preserve resources for Michigan utility investments and retained cash-generating assets.
Bears Say
Persistent Negative Free Cash FlowLarge and worsening negative free cash flow shows that operating cash generation is not covering the company’s investment program. While capital intensity is typical for utilities, continued shortfalls increase dependence on debt or equity financing and can constrain financial flexibility over the next several quarters.
High Leverage Limits FlexibilityCMS’s leverage is considered manageable for a regulated utility, but debt of roughly twice equity leaves less balance-sheet capacity for additional investment or unexpected costs. Higher financing needs or interest rates could pressure returns and make execution of the capital plan more dependent on external funding.
Material Ongoing Equity NeedsAlthough the NorthStar repositioning reduces planned equity requirements, approximately $3.0B of equity funding remains in the five-year plan. This creates ongoing dilution and execution exposure, while the need to access capital markets may limit flexibility if investment requirements or regulatory timing change.
CMS Energy News
CSG FAQ
What was CMS Energy’s price range in the past 12 months?
CMS Energy lowest stock price was €54.54 and its highest was €69.16 in the past 12 months.
What is CMS Energy’s market cap?
CMS Energy’s market cap is €19.48B.
When is CMS Energy’s upcoming earnings report date?
CMS Energy’s upcoming earnings report date is Oct 27, 2026 which is in 2 days.
How were CMS Energy’s earnings last quarter?
CMS Energy released its earnings results on Jul 28, 2026. The company reported €0.33 earnings per share for the quarter, beating the consensus estimate of €0.32 by €0.01.
Is CMS Energy overvalued?
According to Wall Street analysts CMS Energy’s price is currently Undervalued.
Does CMS Energy pay dividends?
CMS Energy does not currently pay dividends.
What is CMS Energy’s EPS estimate?
CMS Energy’s EPS estimate is 1.21.
How many shares outstanding does CMS Energy have?
CMS Energy has 313,577,150 shares outstanding.
What happened to CMS Energy’s price movement after its last earnings report?
CMS Energy reported an EPS of €0.33 in its last earnings report, beating expectations of €0.32. Following the earnings report the stock price went up 0.402%.
Which hedge fund is a major shareholder of CMS Energy?
Currently, no hedge funds are holding shares in DE:CSG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CMS Energy Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€68.35 (11.69% Upside)
€68.35 (11.69% Upside)
Blogger Sentiment
Bullish
DE:CSG Sentiment 63%
Sector Average 62%
Sector Average 62%
Insider Transactions
Bought Shares
Worth €12.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Bearish
Bullish news 40%
Bearish news 60%
Bearish news 60%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.76%
12-Months-Change
Fundamentals
Return on Equity
11.02%
Trailing 12-Months
Asset Growth
8.50%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
CMS Energy
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.
CSG Company Deck
CSG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents several meaningful strategic positives: reaffirmed 2026 guidance and introduced 2027 guidance, a clear simplification to a utility-focused model, a large $24B utility capital plan with 10.5% rate base growth, improved parent financing and tangible cash-flow retention from Michigan assets. Near-term challenges include storm-related costs, weather variability, remaining equity financing needs (~$3.0B) and timing/ execution risk around NorthStar asset sales and local zoning for data center projects. On balance, the strategic actions and strong utility fundamentals are presented as outweighing near-term operational and execution risks.View all DE:CSG earnings summariesCSG Revenue Breakdown
66.03% Electric Utility
29.20% Gas Utility
4.78% NorthStar Clean Energy
CSG Stock 12 Month Forecast
Average Price Target
€68.35
▲(11.69% Upside)