CMS (CMS Energy) 3-Month Share Buyback Ratio: -0.81% (As of Mar. 2026 )

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CMS CMS Energy Corp CMS
71 GF Score
Price $73.65
GF Value $76.06
Valuation Fairly Valued
! 10 Warning Signs
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What is CMS Energy 3-Month Share Buyback Ratio?

CMS Energy CMS -0.99% 71 3-Month Share Buyback Ratio is -0.81 as of Mar. 2026. GuruFocus rates CMS with a GF Score™ of 71/100 and a GF Value™ of $76.06 (Fairly Valued). The stock has 10 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. CMS Energy's current 3-Month Share Buyback Ratio was -0.81%.

CMS Energy  (NYSE:CMS) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

CMS Energy 3-Month Share Buyback Ratio Related Terms

CMS vs ES, PPL, FE: 3-Month Share Buyback Ratio Comparison

For the Utilities - Regulated Electric subindustry, CMS Energy's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CMS Energy 3-Month Share Buyback Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CMS Energy's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where CMS Energy's 3-Month Share Buyback Ratio falls into.


CMS
71GF Score
CMS Energy Corp CMS
3-Month Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CMS Energy 3-Month Share Buyback Ratio Calculation

CMS Energy's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2026 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2025 ) - Shares Outstanding (EOP) (Mar. 2026 )) / Shares Outstanding (EOP) (Dec. 2025 )
=(306.409 - 308.900) / 306.409
=-0.81%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a 3-Month Share Buyback Ratio of -0.81 mean?
CMS Energy (CMS) has a 3-Month Share Buyback Ratio of -0.81 as of Mar. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for CMS Energy and its competitors.
Is CMS Energy's 3-Month Share Buyback Ratio too high?
CMS Energy's current 3-Month Share Buyback Ratio is -0.81. Overall, CMS Energy has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's 3-Month Share Buyback Ratio compare to ES and PPL?
CMS Energy's 3-Month Share Buyback Ratio of -0.81 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for an Utilities - Regulated company?
A good 3-Month Share Buyback Ratio depends on the Utilities - Regulated industry context. However, 3-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for CMS Energy and its competitors. CMS Energy's current 3-Month Share Buyback Ratio is -0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $76.06, compared to a current price of $73.65 — trading 3.2% below its estimated fair value. The current 3-Month Share Buyback Ratio is -0.81. CMS Energy's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For CMS Energy (CMS), the current 3-Month Share Buyback Ratio is -0.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMS Energy (CMS) Overvalued in 2026?

Based on GuruFocus' analysis, CMS Energy stock appears to be undervalued. The current stock price of $73.65 is trading 3.2% below its estimated GF Value™ of $76.06. GuruFocus considers CMS Energy to be Fairly Valued.

Key valuation signals for CMS:

  • 3-Month Share Buyback Ratio: -0.81
  • GF Value™: $76.06 vs. price of $73.65 (3.2% below fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CMS Energy Business Description

Address One Energy Plaza, Jackson, MI, USA, 49201
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
71GF Score

Get the complete analysis for CMS

3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.65
Price
$76.06
GF Value