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Utilities

CMS Energy Corp. 5.875% Preferred Stock(CMSD)

Live Price

Offline

$22.08

-0.94% today

1Y Change

-1.74%

Window

Jun 27, 2025 โ†’ Jun 24, 2026

Market Cap
$23.15B
Revenue Growth
+13.6%
EPS Growth
+5.7%
Dividend Yield
2.9%

Coverage: 249 bars ยท Jun 27, 2025 โ†’ Jun 24, 2026

Research Briefing

A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.

Decision context

Research Snapshot

CMS Energy Corp. 5.875% Preferred Stock (CMSD) is a Utilities stock with a market cap of $23.15B and listed on NYSE. The stock last traded around $22.08 and down 1.7% across the available one-year price window (Jun 27, 2025 โ†’ Jun 24, 2026). Baseline metrics include revenue growth of +13.6%, EPS growth of +5.7%, a dividend yield of 2.9%. What stands out right now is revenue +13.6%, EPS +5.7%, free cash flow -145.2% with operating margin 19.5% and ROIC 3.6%. The dividend matters to the case here, with a current yield around 2.9%. Valuation is more restrained than many high-expectation growth names at P/E 20.3 and price/sales 2.6. Stock Foundry combines CMSD price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Utilities peers on this page.

Sector Context

How this name stacks up against nearby peers on first-pass metrics.

Revenue Growth

Above sector median

+13.6% vs +6.1% peer median

Operating Margin

Near sector median

+19.5% vs +21.0% peer median

P/E

Near sector median

20.3 vs 19.5 peer median

What Changed This Quarter

Latest report context and the signals most likely to have changed the story.

Latest report is on the board

2026 was reported on Apr 23, 2026, but the surprise data is still limited.

The operating story is still moving forward

Revenue is running at +13.6% and EPS at +5.7%, with operating margin around 19.5%.

Shareholder return is still part of the story

The stock is still offering a dividend yield around 2.9%, which matters if the thesis depends on income as much as growth.

Earnings Reaction Memory

How the stock has tended to move after recent reports.

Across the last 3 reported quarters, the stock averaged -0.6% over the next 5 trading days and finished higher after 1 of those reports.

View quarter-by-quarter reaction table
QuarterEPS ฮ”1D5D20D
2026
Apr 23, 2026
โ€”+0.4%-0.4%-2.2%
2026
Feb 5, 2026
+1.8%+0.3%+0.2%-2.9%
2025
Oct 30, 2025
+7.2%-1.5%-1.4%-4.3%

Benchmark Edge

CMSD vs SPY, QQQ, and Sector ETFs

Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.

Shared 1Y chart + MAX history table

CMSD

โ€”

Normalized return

SPY

--

S&P 500

Excess Return

--

Relative to SPY

CMSD Max Drawdown

-11.09%

Trailing 1Y

SPY Max Drawdown

โ€”

Trailing 1Y

Benchmark comparison is loading or unavailable right now.

Calendar-Year Returns

Uses the longest available daily history for CMSD and SPY.

Calendar-year return history is still loading or unavailable.
CM

Company Overview

CMS Energy Corp. 5.875% Preferred Stock

NYSE

United States

CMS Energy Corp. 5.875% Preferred Stock is a class of preferred equity issued by CMS Energy Corporation, a prominent energy company based in Michigan. This preferred stock is designed to provide shareholders with fixed income, paying an annual dividend rate of 5.875%. Preferred stockholders have priority over common stockholders when it comes to dividend payments, making it an attractive option for those seeking predictable income streams. CMS Energy Corp., primarily involved in the electricity and natural gas sectors, utilizes this type of financing to bolster its capital structure, facilitating continued investments in infrastructure and operations. Within the financial market, CMS Energy's preferred stock appeals to income-focused investors who prefer the relatively lower volatility typically associated with preferred stocks. Moreover, it plays a crucial role in the company's broader funding strategy, helping balance the cost of capital while ensuring sufficient financial flexibility to support long-term growth initiatives. By investing in maintenance and development, CMS Energy aims to maintain a steady flow of energy in its regional markets, contributing to economic stability and progress.

Region
United States
Last Updated
May 8, 2026

Key Fundamentals

Valuation, growth, profitability, and balance sheet signals.

Valuation

P/E
20.3
EV/EBITDA
13.0
Price/Sales
2.6
Price/Book
2.4

Growth

Revenue
+13.6%
EPS
+5.7%
Free Cash Flow
-145.2%

Profitability

Gross Margin
64.6%
Operating Margin
19.5%
Net Margin
12.5%
ROE
12.3%
ROIC
3.6%

Balance Sheet

Debt/Equity
2.02
Current Ratio
0.84

Earnings Reports

๐Ÿ“… Last reportedApr 23, 2026
PeriodB/MEPSEPS ฮ”RevenueRev ฮ”
โ€”
Apr 23, 26
โ€”
Est 1.09
โ€”
โ€”
Est 2522639.0B
โ€”
โ€”
Feb 5, 26
โœ“
0.95
Est 0.93
+1.8%
2233000.0B
Est 1883564.0B
+18.6%
โ€”
Oct 30, 25
โœ“
0.92
Est 0.86
+7.2%
2021000.0B
Est 1845556.0B
+9.5%
โ€”
Jul 31, 25
โœ—
0.67
Est 0.68
-1.2%
1838000.0B
Est 1737250.5B
+5.8%
โ€”
Apr 24, 25
โœ“
1.02
Est 1.01
+1.0%
2447000.0B
Est 2238025.2B
+9.3%
โ€”
Dec 31, 23
1.05
Est โ€”
โ€”
1950000.0B
Est โ€”
โ€”
โ€”
Sep 30, 23
0.60
Est โ€”
โ€”
1673000.0B
Est โ€”
โ€”
โ€”
Jun 30, 23
0.70
Est โ€”
โ€”
1555000.0B
Est โ€”
โ€”
โ€”
Mar 31, 23
0.69
Est โ€”
โ€”
2284000.0B
Est โ€”
โ€”
โ€”
Dec 31, 22
0.58
Est โ€”
โ€”
4302000.0B
Est โ€”
โ€”

Latest News

No news articles available

Official Releases

Company announcements and filings-style updates.

Official
No official releases available

Next Step

Keep the research moving

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