Nama's AI scorecard currently rates CMS Energy Sell (4.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is CMS's P/E ratio?

CMS Energy trades at a trailing price-to-earnings ratio of 17.8.

When does CMS report earnings?

CMS Energy's next scheduled report is on Feb 4, 2027. Analysts expect EPS of $1.00.

What is the CMS price target?

The median analyst price target from 13 analysts is $73.00, with a range of $68.00 – $78.00.

Is CMS Shariah compliant?

Nama's AAOIFI-style screen reads CMS Energy as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does CMS pay a dividend?

Yes — CMS Energy's dividend yield is 3.3%.

Nama Insights

CMS Energy (CMS)

Utilities · Utilities Regulated Electric · NYSE

S&P 500

CMS Energy (CMS) is a Utilities company in the Utilities Regulated Electric industry. It has a market capitalization of $21.70B, a trailing price-to-earnings ratio of 17.8 and a free-cash-flow yield of -8.7%. Over the most recent reported fiscal year, revenue grew 13.6%. Nama's AI scorecard rates it Sell, 4.2 out of 10. On 12-month momentum it ranks in the trailing band of its market.

AI scorecard

Sell · 4.2/10

Negative, at the mild end of Sell. As of Nov 7, 2026.

Momentum

Trailing · -10.1% over 12 months ex. last

Bottom 20% of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-13.9%

How far the last close sits under the highest price of the past five years.

Market cap	$21.70B
Trailing P/E	17.8
Price / book	2.2
Price / sales	2.4
FCF yield	-8.7%
Dividend yield	3.3%
Gross margin	40.8%
Operating margin	19.6%
Net margin	9.7%
Revenue growth (YoY)	+13.6%
Revenue growth (3-yr annual)	-0.2%
EPS growth (YoY)	+8.1%
FCF/share growth (YoY)	—
Beta	0.3
Exchange	NYSE
Sector	Utilities
Industry	Utilities Regulated Electric

CMS earnings

Next report: Feb 4, 2027 (Q4 2026, EPS estimate $1.00). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Oct 27, 2026	$1.44	$1.35	+6.7%	$2.18B
Q2 2026	Jul 28, 2026	$0.37	$0.36	+2.8%	$1.83B
Q1 2026	Apr 28, 2026	$1.13	$1.10	+2.7%	$2.73B
Q4 2025	Feb 5, 2026	$0.95	$0.94	+1.1%	$2.23B

CMS analyst price target

Median target $73.00 from 13 analysts, ranging $68.00 – $78.00.

Utilities Regulated Electric peers

Ticker	Company	Market cap	P/E
NEE	NextEra Energy	$182.36B	21.6
SO	Southern	$107.51B	18.7
DUK	Duke Energy	$99.63B	18.6
NGG	National Grid	$83.60B	—
AEP	American Electric Power	$68.90B	19.7
D	Dominion Energy	$60.34B	18.5
ETR	Entergy	$52.82B	25.2
XEL	Xcel Energy	$51.14B	18.4

Explore live CMS data on Nama Insights →

Recent Congressional trades

CMS Energy trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Julie Johnson	House	Sell	$1,001 - $15,000	Aug 5, 2026
Julie Johnson	House	Sell	$1,001 - $15,000	Jan 15, 2026
Julie Johnson	House	Sell	$1,001 - $15,000	Jan 15, 2026
Julie Johnson	House	Sell	$1,001 - $15,000	Dec 11, 2025
Julie Johnson	House	Sell	$1,001 - $15,000	Sep 11, 2025

CMS FAQ

Is CMS a buy?: Nama's AI scorecard currently rates CMS Energy Sell (4.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is CMS's P/E ratio?: CMS Energy trades at a trailing price-to-earnings ratio of 17.8.
When does CMS report earnings?: CMS Energy's next scheduled report is on Feb 4, 2027. Analysts expect EPS of $1.00.
What is the CMS price target?: The median analyst price target from 13 analysts is $73.00, with a range of $68.00 – $78.00.
Is CMS Shariah compliant?: Nama's AAOIFI-style screen reads CMS Energy as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does CMS pay a dividend?: Yes — CMS Energy's dividend yield is 3.3%.