CMS
CMS Energy
·
$73.65
Leader · accounting warning — verify before buying领先 · 财务质量警示 — 买入前先核实
Terminal终端 ↗
CMS Energy · Utilities
CMS
$73.65
CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6...CMSEnergyCorporation是一家美国能源公司，总部位于密歇根州杰克逊，主要专注于密歇根州的公用事业运营。其主要业务是ConsumersEnergy，这是一家公共事业公司，为密歇根州1000万居民中的600多万人提供电力和天然气。
Distressed困境股
Large cap大盘
$23B
Engine stance引擎立场2026-07-20
Leader · accounting warning — verify before buying领先 · 财务质量警示 — 买入前先核实
Daily low forming, but the bigger trend is still bearish. Small size only; stop below 72.85.日线低点正在形成，但大趋势仍偏空。只适合小仓位；止损设于 72.85 下方。
Key Statistics关键统计
Price价格
$73.65
7.2% below 52-week high低于52周高点 7.2%
Market Cap市值
$23B
Normal volume正常成交量
P/E Ratio市盈率
21.1x
22.6x sector median
Beta贝塔
-0.14
Moves about -0.1x the market波动幅度约为市场的 -0.1 倍
RSI (14)RSI（14）
44
Neutral zone中性区域
Next Earnings下次财报
2026-07-30 (11d)
Volatility Rank波动率分位
91th pctile
hist. vol. percentile历史波动率分位数
Short Interest空头兴趣
6.8% of float
Performance价格表现
| Period周期 | CMS | S&P 500 | vs Index对比指数 |
|---|---|---|---|
| 1 Week近1周 | -2.3% | -1.5% | In line with the index与指数基本持平 |
| 1 Month近1月 | +0.5% | +0.6% | In line with the index与指数基本持平 |
| 3 Months近3月 | -4.5% | +4.7% | Lagged the index by 9.2 points落后指数 9.2 个百分点 |
| 6 Months近6月 | +4.3% | +7.8% | Lagged the index by 3.5 points落后指数 3.5 个百分点 |
| Year to date年初至今 | +6.2% | +9.1% | Lagged the index by 2.9 points落后指数 2.9 个百分点 |
| 1 Year近1年 | +7.1% | +19.4% | Lagged the index by 12.3 points落后指数 12.3 个百分点 |
Technicals技术面
RSI (14)RSI（14）
44
Neutral zone中性区域
vs 50-day相对50日均线
-0.5% vs 50-day avg
vs 200-day相对200日均线
+0.5% vs 200-day avg
Volatility rank波动率分位
91th percentile 分位
Engine reference levels — not advice引擎参考水平 — 非投资建议
Buy zone买入区间
$72.36
Don't chase above不追高于
$73.65
Stop止损
$72.85
Bounce — turn not confirmed; wait反弹 — 转向未确认，先观望
Earnings财务业绩
11
days until next report天后公布财报
2026-07-30
Estimates being raised — 1 analysts预期上调 — 1 位分析师
Earnings call transcripts — coming soon财报电话会议记录 — 即将上线
Valuation估值
| Multiple指标 | CMS | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（历史） | 21.07x | 22.58 | 56% |
| P/B市净率 | 2.47x | 2.06 | 24% |
| P/S市销率 | 2.64x | 3.01 | 63% |
| Earnings yield盈利收益率 | 4.75% | 4.41 | 59% |
| EV/EBITDA企业价值/EBITDA | 13.46x | 12.72 | 39% |
Analyst price targets — coming soon分析师目标价 — 即将上线
Financials财务数据
Revenue营业收入
5yr CAGR5年复合增速: 5.0%
Earnings Per Share每股收益
5yr CAGR5年复合增速: 6.0%
Free Cash Flow自由现金流
Margins利润率
11.7%Return on Equity股本回报率
2.7%Return on Assets资产回报率
Leverage杠杆
| Net debt / EBITDA净债务/EBITDA | 6.02 |
| Current ratio流动比率 | 0.98 |
Capital Allocation资本配置
| Share count change (1y)股数变化（1年） | +2.5% |
Piotroski皮奥特罗斯基 5/8
Altman Z阿尔特曼Z: distress (0.9)
Warning警示
Snapshot Gauges综合指标
Valuation vs Sector估值相对行业
Roughly fair vs sector相对行业估值合理
Cheaper than 46% of its sector on blended multiples综合估值倍数低于行业内 46% 的公司
Beta市场敏感度
-0.14×
0.21×3×
Has tended to move opposite the market (factor-adjusted)经因子调整后常与大盘反向波动
Financial Health财务健康
5/8
Altman阿尔特曼: distress
Adequate financial health财务健康状况一般
Dividend分红
—
Does not pay a dividend不派发股息
Why Is It Moving为何波动
Sector / Theme行业/主题
Utilities (Equal-Weight) theme — #21 of 46 themes「公用事业（等权）」主题 — 46 个主题中第 21 位
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Short interest changed +24.6%空头仓位变动 +24.6%
Technical技术面
CMS weekly MACD crossed downCMS 周线MACD下穿
Options Positioning期权持仓
Market makers are net long gamma — price pinned near current level做市商净持有正伽玛，价格倾向于在当前水平附近震荡
Expected daily move预期日波动
±1.18%
Expected weekly move预期周波动
±2.63%
Call wall看涨密集区
$80
Put wall看跌密集区
$70
Gamma flip伽玛翻转
$67
25d risk reversal25d风险逆转
-2.9%
Skew: 偏斜：fear
Ownership & Smart Money持仓与聪明钱
Insider activity内部人员活动: -$1.7M net (1 buyers, 3 sellers)-$1.7M 净值（1 买家，3 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Activity动作 | % of portfolio组合占比 | As of截至 |
|---|---|---|---|---|
| Soros Fund Management | B | Holding持有 | 1.1% | 2026-03-31 |
Signal History信号历史
COUNTERTREND BOUNCE
UNCONFIRMED TURN
Jul 17, 2026
CMS weekly MACD crossed downCMS 周线MACD下穿
The weekly MACD histogram turned negative — the slower, less-whippy momentum read.周线MACD柱状图转负 — 更慢、更少来回的动量信号。
Jul 9, 2026
CMS daily MACD crossed downCMS 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $75.00.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$75.00。
Jul 8, 2026
UPTREND → BOTTOMING上涨趋势 → 筑底中
BUY SETUP买入预备
Jul 7, 2026
BOTTOMING → UPTREND筑底中 → 上涨趋势
HOLD持有
Jul 6, 2026
UPTREND → BOTTOMING上涨趋势 → 筑底中
BUY SETUP买入预备
Jul 3, 2026
CMS weekly MACD crossed upCMS 周线MACD上穿
The weekly MACD histogram turned positive — the slower, less-whippy momentum read.周线MACD柱状图转正 — 更慢、更少来回的动量信号。
Jul 1, 2026
BUY ZONE → UPTREND买入区 → 上涨趋势
HOLD持有
Showing last 15 of显示最近15条，共 112 signals条信号
Factor Profile因子特征
Composite factor score综合因子得分: 0.10
Value价值
-0.1
Quality质量
-0.8
Investment资本投入
-0.2
Low volatility低波动
+1.4
Low market beta低市场敏感度
+1.3
Earnings quality盈利质量
-0.3
Short interest空头兴趣
-0.8
Company Profile公司档案
CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6...CMSEnergyCorporation是一家美国能源公司，总部位于密歇根州杰克逊，主要专注于密歇根州的公用事业运营。其主要业务是ConsumersEnergy，这是一家公共事业公司，为密歇根州1000万居民中的600多万人提供电力和天然气。
Watch items — what could change the thesis关注项 — 可能改变论点的因素
- Receivables stretch
Get the full picture获取完整视图
Nightly signals, options flow, and factor analysis across all S&P 500 names.每日更新的信号、期权资金流向和因子分析，覆盖所有标普500成分股。